2012/07/06

Follow the money

The Nikkei 225 closed at 9,079 on Thursday. The trading volume is lower than usual and investors waited for European Central Bank meeting. In light trade, the Nikkei dropped 0.2 percent. Nikon, a optical instruments maker, rose 1.4 percent to 2,539 yen, reaching a four-year high.

The Hang Seng closed up 0.5 percent at 19809.

September arabica futures inched down 0.10 cent to finish at $1.8035 per lb.

Australia's Treasurer Wayne Swan will visit Hong Kong to co-host a forum on the matter of liberalising  yuan. Australia is seeking more deepen and broaden trading with China. The shift reflects the two growing countries' trade surge and economic centre is moving east.

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