DSG International adds 14.67 percent to lead retailers

| April 30, 2009
DSG International adds 14.67 percent to lead retailers

European equities markets saw gains Thursday.

The FTSE 100 added 1.29 percent to 4,243.71 and FTSE 250 gained 2.15 percent to 7,516.13 in London.

Retailer DSG International (LSE: DSGI) led its sector higher as it turned in the best performance on the 250 with a gain of 14.67 percent, but music retailer HMV Group (LSE: HMV) dropped 4.66 percent on the session.

The FTSE Eurofirst 300 was up 1.65 percent while the Dax and the CAC-40 each added 1.38 percent, to 4,769.45 and 3,159.85 respectively, and the IBEX gained 1.65 percent to 9,038.

After a holiday on Wednesday, Tokyo markets saw advances as the Nikkei 225 added 3.94 percent to 8,828.26, the Topix index was up 3.18 percent to 837.79 and the Mothers market gained 0.71 percent to 344.55.

Elsewhere in the Asia-Pacific region the Shanghai Composite added 0.38 percent to 2,477.57 while in Australia the Sydney Ordinaries gained 2.26 percent to 3,744.7 and the S&P/ASX200 was up 2.31 percent to 3,780.5.

The Kospi also added 2.31 percent, to 1,369.36 while the Sensex was up 3.65 percent to 11,403.25, the Hang Seng was 3.77 percent higher to 15,520.99, and the Straits Times Index was up 3.82 percent to 1,920.28.

Taiwan’s Taiex gained 6.74 percent to 5,992.57 after the government said it will allow Chinese investment there for the first time in sixty years.

Markets were mixed in early afternoon trade on Wall Street as the Dow Jones Industrial Average was 0.1 percent lower to 8,177.68 at just past 1:30 p.m. and the S&P 500 had dropped 0.08 percent to 872.94 but the Nasdaq Composite maintained a gain of 0.48 percent to 1,720.15.

Crude oil prices were mixed while precious metals prices were lower and grains prices advanced.

The yen weakened on more demand for higher-yielding currencies.

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