• BP HOLDINGS REVIEW: Most Asian stock markets closed for holidays

    Communication, Communication Design

    http://profit.ndtv.com/news/market/article-most-asian-stock-markets-closed-for-holidays-317681 BP HOLDINGS REVIEW Bangkok: Stock markets in Hong Kong, mainland China and Seoul were among those closed Monday for the Lunar New Year holiday. Japanese markets were also shut for a public holiday. Australia's S&P/ASX 200 was marginally higher at 4,973.20, with a positive earnings report from retailer HB Hi-Fi Ltd. helping to boost retail stocks. JB Hi-Fi surged 15.4 per cent after reporting its first half net profit had risen 3 per cent to 82 million Australian dollars ($84.6 million). David Jones rose 3.6 per cent and Myer Holdings added 3.1 percent. Key stock indexes in the Philippines and Indonesia also rose while markets in Singapore, Taiwan and Vietnam were closed for holidays. Benchmark oil for March delivery rose 5 cents to $95.77 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 11 cents on the Nymex on Friday to close at $95.72 a barrel. In currencies, the euro rose to $1.3372 from $1.3363 late Friday in New York. The dollar fell to 92.51 from 92.83 yen. BP HOLDINGS REVIEW

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