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View the article online at http://citywire.co.uk/wealth-manager/article/a635010

Overnight Markets: Wal-Mart forecast weighs on Wall Street

by Himanshu Singh on Nov 16, 2012 at 03:52

In Asia, shares gained on Friday with Japanese consumer stocks rising amid speculation an election next month will hand power to an opposition party paving the way for more aggressive monetary easing.

The MSCI Asia Pacific Index added 0.6% to 120 as of 10:57 a.m. in Tokyo. Japan’s Nikkei 225 Stock Average extended yesterday’s surge, rising 1.5%. Japan’s broader Topix Index jumped 1.4%.

Australia’s S&P/ASX 200 Index lost 0.2% and South Korea’s Kospi Index sank 0.3%. Hong Kong’s Hang Seng gained 0.2% and China’s Shanghai Composite slid 0.3%.

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