Markets - Equity
Monday, 20 May 2013 11:25
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TOKYO: Tokyo stocks gained 1.47 percent Monday as investors renewed their hopes for Tokyo's growth policy while strong US data and the weaker yen continued to encourage investors.The benchmark Nikkei 225 index soared 222.69 points to 15,360.81, the best close since December 2007. The Topix index of all first-section issues climbed 1.30 percent or 16.27 points to 1,269.51.Copyright AFP (Agence France-Presse), 2013
TOKYO: Tokyo stocks opened 0.81 percent higher on Monday, buoyed by a weaker yen and gains in US and overseas stock markets last week.The benchmark Nikkei 225 index was up 122.49 points at 15,260.61 at the start."Bullish equities markets and the progressively weaker yen should help drive the market to a fresh multi-year high after much profit-taking in the last several sessions," said Hiroichi Nishi, general manager of equities at SMBC Nikko Securities.US stocks closed ...
SHANGHAI: Chinese shares were up slightly in early trading on Monday due to buying of property stocks, dealers said.The benchmark Shanghai Composite Index rose 0.12 percent, or 2.69 points, to 2,285.56.Copyright AFP (Agence France-Presse), 2013 
HONG KONG: Hong Kong stocks were up 1.70 percent by the break on Monday, with investors encouraged by strong US data and reflecting a bullish mood on Wall Street, which ended last week at another all-time high.The benchmark Hang Seng Index rose 391.35 points to 23,474.03 by the noon break on turnover of HK$37.26 billion (US$4.80 billion).Copyright AFP (Agence France-Presse), 2013 
PARIS: The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported.LVMH said it would fight the findings of the watchdog's probe before its sanctions committee when it meets on May 31 to hear the company's defence.Hermes was not immediately available for comment.LVMH, which owns 22.6 percent of Hermes, surprised the market ...
TORONTO: Canada's main stock index rose on Friday as robust economic data helped drive gains in energy stocks and financial shares, offsetting weakness in gold producers.The materials sector, a major component of the S&P/TSX composite which includes gold miners, was the lone sector to finish in the red of ten main sectors, as the price of gold fell for a seventh straight session.That weakness in gold came after some Federal Reserve officials said the US ...
NEW YORK: US stocks resumed their upward push Friday with both the Dow and S&P 500 closing at new all-time highs following favorable US economic reports.The Dow Jones Industrial Average jumped 121.18 (0.80 percent) to 15,354.40.The broad-based S&P 500 rose 15.65 (0.95 percent) to 1,666.12, while the tech-rich Nasdaq Composite Index added 33.72 (0.97 percent) to 3,498.96.Friday's gains came on the heels of an 83.7 reading on the University of Michigan index of consumer sentiment, ...More Articles...
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