Hong Kong stocks closed up 0,69%

Hong Kong (The Car Insurance Info) Hong Kong Stock Exchange ended 0,69 percent higher on Tuesday, following a record close on Wall Street and as dealers welcomed news that the Government in Italy had formed put an end to months of political deadlock.

Reference index Hang Seng rose 156,24 points to close at 22.737.01 with transaction value of 52,44 billion Hong Kong dollar (6,77 billion u.s. dollars).

While the Shanghai Stock Exchange closed for a public holiday, according to AFP.
(A026/B012) Editor: Ruslan Burhani

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CPO Closed 3 Weeks: Increase the load Request

Monexnews-Malaysiabergerak palm oil Contract closes its highest level in more than three weeks after the producers take advantage of the low taxes in order to stimulate sales.

Palm oil from Malaysia contract currently on offer is lower than Indonesia, it is thanks to the taxes are applied in a number of 4.5%, compared with the figures in Indonesia at 10.5%.

Malaysia exports climbed as much as 14% early in the 20 days of March, but investors are still worrying that rising prices might lead to tax increases and burdensome request.Malaysiabersiap to put on new taxes every month based on the average monthly price. Taxes in April have been put up at 4.5%.

Investors are still concerned about a rise in import taxes, the largest consumer of dariIndia dimanaIndiamerupakan of palm oil, which will disrupt demand, traders said.

(AR)

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Wall Street Mix, the Dow closed below the 14,000

Monexnews-the US stock market managed to recover from the low level of the session but the Dow still closed in negative area on Wednesday, as investors stopped the rally amid a lack of market catalysts and after touching S&P highest level since December 2007. The Dow and the 500 rally for S&P closed at level 5-year high in the previous session. The Dow currently is about 1% from the record high reached in October 2007. Both indexes had scored a rise that's pretty impressive so far in the year 2013, up more than 6.5% respectively. Dow Jones Industrial Average closed in the negative area, dragged down by weakening shares of McDonald 's. General Electric is a blue-chip index stocks with the best performance. S&P 500 closed up thin after briefly touching the highest level since December 2007 and the Nasdaq closed up. Financial and telecommunication sectors in S&P weakened, while the industrial sector strengthened. (xiang)

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