globeandmail.com

FOREIGN MARKETS

Saturday, August 07, 2010

Allan Robinson

UP 3.09%

HONG KONG

The Hang Seng index rose 3.09 per cent this week, its largest weekly gain in four months. Billionaire Li Ka-shing's company, Hutchison Whampoa Ltd., a diversified conglomerate, rose 13.45 per cent. The index's property index rose 3.65 per cent and the commerce and industry index was up 3.57 per cent.

UP 1.62%

AUSTRALIA

The S&P/TSX 200 index rose 1.62 per cent during the past five days. Leading the gains were the materials, information technology, telecom and energy sectors, increasing 2.9 per cent, 2.6 per cent, 2.4 per cent, and 2.3 per cent, respectively.

UP 1.82%

GERMANY

The DAX index rose 1.82 per cent this week, despite a 1.17-per-cent decline on Friday in reaction to the soft U.S. jobs data. The index had reached a two-year high before the sell-off.

UP 1.41%

BRITAIN

The FTSE 100 index rose 1.41 per cent this week and it has climbed 11 per cent from a recent low in late June. Among the leading companies this week: Mining companies Eurasian Natural Resources, Xstrata PLC and American Barrick, up 8.94 per cent, 6.75 per cent and 6.47 per cent, respectively. Other gainers included Aviva PLC, Lloyds Banking Group and Intertek Group, up 6.8 per cent, 6.4 per cent and 6.85 per cent, respectively.

gam