Hang Seng up 0.69pc at open
(The Standard
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27/02/2012)
Hong Kong stocks opened 0.69 percent higher, after Wall Street neared three year highs despite concerns over the health of the global economy. The benchmark Hang Seng Index was 146.91 points higher at 21,553.77 in the first few minutes of trade.
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Brazil Says Emerging Countries Want Europe To Boost Firewall First
(RTT News
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27/02/2012)
Emerging countries are ready to contribute to the International Monetary Fund's lending resources only if Europe strengthens its financial firewall to contain the debt crisis, Brazilian Finance Minister Guido Mantega said. Reports said that he put forth
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Nikkei hits fresh 7-month high as yen falls
(Reuters
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27/02/2012)
Japan's Nikkei share average climbed to a fresh seven-month high in early trade on Monday, with exporters rallying on the back of the yen's fall to a nine-month low against the dollar. Among exporters, Toyota Motor Co surged 2.1 percent and Honda Motor
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HK shares to open down 0.1 pct, China banks weak
(Reuters
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27/02/2012)
Hong Kong shares were set to open the week lower on Monday, dragged by Chinese banks ahead of a busy week of earnings and data that could offer fresh clues on the state of the slowdown in the Chinese economy. The Hang Seng Index was set to start down
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Singapore Stocks-Slightly lower at midday; UE E&C soars
(Reuters
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27/02/2012)
Singapore shares edged slightly lower by midday, in line with several Asian bourses, as investors stayed cautious on concerns that persistently high oil prices could curtail the world's fragile economic growth. By 0500 GMT, the Straits Times Index (STI)
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Singapore Stocks May Reverse Friday's Gains
(RTT News
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27/02/2012)
The Singapore stock market on Friday halted the two-day losing streak in which it had given away almost 40 points or 1.3 percent. The Straits Times Index wound up just shy of the 2,980-point plateau, although now traders are bracing for renewed selling
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BSE Sensex falls 500 points; Nifty down 148 points
(NDTV Profit
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27/02/2012)
NSE Nifty is down 148 points while BSE Sensex fell around 500 points in trade on Monday extending last week's 2 per cent decline, as high global oil prices revived concerns about inflation in the country. Shares of heavyweight Reliance Industries too
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Budget 2012: Can equity investing be simpler for NRIs please?
(The Economic Times
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27/02/2012)
The Indian equity market has been among the top destinations for investors globally for some time now. Even since the crash of 2008, the BSE Sensex has recovered, and that too, quite strongly. From a bottom of 8300 levels in March 2009, the BSE Sensex
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Sensex falls over 450 pts, posts sharpest fall in 5 months
(Money Control
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27/02/2012)
The BSE Sensex dropped 2.7 percent on Monday to post its biggest fall in five months, as high oil prices due to escalating tensions over Iran's nuclear programme renewed worries about domestic inflation. Index heavyweight Reliance Industries, top private
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BSE Sensex drops after starting higher
(Reuters
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27/02/2012)
The BSE Sensex fell on Monday, led by banks, software services companies and automakers after the market opened higher. At 9:20 a.m. (0350 GMT), the main 30-share BSE index was down 0.3 percent at 17,867.21, with 20 of its components advancing. It had
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BSE Sensex drops; banks, automakers fall
(Reuters
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27/02/2012)
The BSE Sensex fell more than 1 percent on Monday, extending last week's 2 percent decline, as high global oil prices revived concerns about inflation in the country that imports about 80 percent of its oil consumption. Lenders such as ICICI Bank and
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Sensex opens flat, Sesa Goa down 5%, Sterlite up 4%
(NDTV Profit
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27/02/2012)
The BSE Sensex opened lower on Monday, extending last week's first weekly drop in 2012, as investors took profits on high oil prices that could revive inflation worries. At 9.20 am, the BSE Sensex traded flat shedding 33 points at 17888 in line with the
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BSE Sensex seen easing; ONGC watched
(Reuters
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27/02/2012)
The BSE Sensex is expected to drop on Monday, extending last week's first weekly drop in 2012, as investors take profits on high oil prices that could revive inflation worries. The spike in oil prices, driven by heightening tension between Iran and the
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India Shares End Down 2.67%
(The Wall Street Journal
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27/02/2012)
Indian stocks broke their sharp run of 2012, with the Bombay Stock Exchange's Sensitive Index losing nearly 1,000 points over the last four trading sessions. Half of this decline came on Monday, as the Sensex fell 2.67% to close at 17,445.75. While many
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Hong Kong shares down, Shanghai closes at highest since Nov 17
(Reuters
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27/02/2012)
Hong Kong shares reversed course to end lower on Monday, dragged by weakness in financials, tracking how gains were pared on mainland markets ahead of earnings reports from key blue chips. The Shanghai Composite Index, which at one point was up about 1.6
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Asia Stocks, South Korean Won Drop on Energy Prices; Oil Falls
(Bloomberg
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27/02/2012)
Asian stocks fell, paring a record 10th weekly gain, and South Korea's won weakened on concern rising energy costs will hurt economic growth. Oil declined for the first time in eight days. The MSCI Asia Pacific Index lost 0.5 percent as of 2:41 p.m. in
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Most Asia stocks fall as Shanghai extends rally
(MarketWatch
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27/02/2012)
Most Asian markets ended lower Monday on worries about the impact of high oil prices on global economic growth, with Japanese shares reversing early gains as the yen’s rebound after recent losses led investors to lock in profits. Mainland Chinese stocks
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Hong Kong, China shares higher, automakers gain
(Reuters
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27/02/2012)
Hong Kong and China shares were higher by midday on Monday, led by carmakers after Beijing excluded foreign brands in a preliminary list of vehicle models approved for purchase by state agencies this year. The Shanghai Composite Index was up 0.7 percent
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Asian shares mixed amid Europe optimism, oil fears
(AFP
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27/02/2012)
Asian markets were mixed on Monday after Japanese shares opened at their highest level in seven months as risk appetite sharpened amid eased concerns over Europe's sovereign debt crisis. The Nikkei 225 index at the Tokyo Stock Exchange began the day at
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China May Double Rare Earth Exports as Demand Rises on Price Reduction
(Bloomberg
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27/02/2012)
China, the biggest supplier of rare earths, may almost double exports this year and meet quotas set by the government as lower prices stimulate demand. Chinese exports were 49 percent of the government-alloted quota in the first 11 months of last year
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Rising oil spoils the bull party
(The Hindu Business Line
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27/02/2012)
Rising oil prices played havoc with stock market sentiment as both the benchmark indices ended the day down around three per cent, making India the worst performing market globally at closing time on Monday. The BSE Sensex ended the day at 17,445, down
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Emerging Stocks Fall as Airlines, Automakers Drop on Oil Price
(Bloomberg
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27/02/2012)
Emerging-market stocks fell from a six-month high on concern higher energy costs will hurt economic growth and erode earnings at airlines and automakers. Korean Air Lines Co., South Korea’s biggest carrier, dropped 5.3 percent even as crude-oil futures
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Asia Markets Slip on Oil
(The Wall Street Journal
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27/02/2012)
Most Asian stock markets ended lower Monday on worries about high oil prices' impact on global growth, with Japanese shares reversing early gains as the yen's rebound led investors to lock in profits. Mainland Chinese stocks extended its string of gains
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Asian Shares Mostly Down As Oil Spike Hurts; Yen's Fall Helps Tokyo
(The Wall Street Journal
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27/02/2012)
Most Asian stock markets were down Monday as high global oil prices undermined optimism over Greece and better U.S. data, while exporters helped the Tokyo market outperform the region after the yen fell to a nine-month low against the U.S. dollar. Crude
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Bovespa Falls on Commodities Drop, Brazilian Inflation Forecast
(Bloomberg
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27/02/2012)
The Bovespa index fell the most in two weeks as lower commodities prices sent Brazilian producers down amid concern Europe’s debt crisis will damp global growth and as economists raised forecasts for inflation. Oil company OGX Petroleo & Gas
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