1. 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.
2. 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