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Foreign Markets

Stocks were mixed overnight in Asia after Wall Street’s rebound. Japan’s Nikkei 225 stock average rose 15.97 points, or 0.2 %, to 8,727.30, while South Korea’s Kospi added 1.4 % to 1,356.02.Chinese indices fell as The International Monetary Fund said U.S. financial firms could suffer $2.7 trillion in losses through 2010, a figure nearly double its projection just six months ago ; while the worldwide total could surpass $4 trillion. Hong Kong’s Hang Seng lost 407.44 points, or 2.7 %, to 14,878.45, while Shanghai’s benchmark fell 74.48 points, or 2.9 %, to 2,461.35. In Europe, equities edged slightly higher. Britain’s FTSE 100 was up 0.3 % to 4,000.19, Germany’s DAX added 0.5 % to 4,525.27, and France’s CAC 40 rose 0.6 % to 2,990.15.

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Foreign Markets

Global stocks rose4 once again as corporate reports have given investor’s a glimmer of hope. Japan’s Nikkei 225 stock average rose 45.22 points, or 0.6 %, to 8,106.29. Singapore’s market, which also closed the previous two sessions, gained 2.5 % and Australia’s main stock measure rose 1.5 %.

In Europe, Germany’s DAX rose 2.8 % to 4,442.52, France’s CAC 40 jumped 2.6 % to 3,030.96, and Britain’s FTSE 100 gained 2.1 % to 4,283.3. Japan’s Nikkei 225 stock average rose 45.22 points, or 0.6 %, to 8,106.29.

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Foreign Markets

Asian stocks were mixed in overnight trading. Hong Kong’s Hang Seng rose 336.31 points, a 2.49% gain while the Nikkei 225 Stock Average fell 0.08% to 7,917.51. In Europe, stocks were down in the red with the Dow Jones Stoxx 600 Index losing almost 2% so far in trading. The FTSE 100 of leading British shares fell 1%, while Germany’s DAX gained 120 points, or 2.63%.

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