World Stocks Review - 05-08-2012

World's major markets have ended the past week in positive territory. US stocks ended with high changes. S&P 500 Index was the top gainer which increased by 0.36%, European shares ended the trading in high changes. Milan - FTSE MIB was the top gainer which increased by 3.88%. Also, most of Asia's stock markets ended past week in positive territory.

Asian stocks rose, with the MSCI Asia Pacific Index paring the third advance in five weeks after central banks in China, Europe and the U.S. failed to deliver new stimulus needed to bolster growth.

China’s stocks rose the most in five weeks as a cut in transaction fees on share trading overshadowed the failure of central banks in China, Europe and the U.S. to take immediate steps to support growth.