23.03.2009 - Commodity-price surge boosts resource shares
From WSJ: Financial stocks sagged Friday, while a surge in commodity prices overnight boosted resource stocks across the region. With Japanese markets closed for the Vernal Equinox holiday and Dow Jones Industrial Average futures pointing lower, some of the euphoria over the U.S. Federal Reserve's actions midweek was replaced by caution. In Hong Kong, the Hang Seng Index declined 2.3% to 12833.51 as financial stocks tracked a drop in Citigroup overnight. Industrial & Commercial Bank of China fell 5.4%, China Construction Bank dropped 5.2% and Bank of Communications shed 5.4%.....Full Article: Source