Saturday, 7 February 2015

Asia Pacific Market: Stocks end higher

Pacific share market finished mostly higher on last trading session of the week ended Friday, 06 February 2015, as risk sentiments encouraged by tracking solid gain on the US equities overnight and stabilization in crude oil price. But, gains on the upside were limited on caution ahead of the closely-watched U.S. jobs report and uncertainty about Greece's bailout program. The MSCI Asia Pacific Index rose 0.3% to 142.10.
Crude oil headed for the biggest weekly advance since February 2011. Benchmark Brent crude futures were $1 higher on the day at $57.77 a barrel. Brent has gained almost 18% since last Friday and is on its strongest two-week run since 1998

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