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AAP

2013-02-19

A roundup of trading on major world markets:

NEW YORK - Wall Street was closed for the President's Day public holiday.

LONDON - Europe's main stock markets mostly fell after a weekend meeting of the Group of 20 leading economies ended with Japan being spared an accusation of unfairly devaluing its currency.

London's FTSE 100 index of leading companies slid 0.16 per cent to 6,318.19 points on Monday, while Frankfurt's DAX 30 rose 0.46 per cent to 7,628.73 points and Paris's CAC 40 added 0.18 per cent to 3,667.04 points.

Milan's FTSE Mib fell 0.51 per cent to 16,406 points and Madrid's IBEX 35 also dropped 0.51 per cent, to end the day at 8,108.9 points.

The euro dipped to $US1.353 from $US1.3360.

HONG KONG - Asian markets were mixed, with Tokyo surging thanks to a weakening yen after a weekend G20 meeting ended without accusing Japan of orchestrating a recent slide in its currency.

The Japanese unit resumed its downward trend as dealers welcomed the end of the Moscow talks, which came amid concerns that Japan's new aggressive monetary policy could spark a currency war.

Tokyo climbed 2.09 per cent, or 234.04 points, to 11,407.87 and Sydney added 0.59 per cent, or 29.5 points, to end at 5,063.4, around highs not seen for about four-and-a-half years thanks to strong corporate results.

Seoul was flat, edging up 0.73 points to 1,981.91.

However, Hong Kong eased 0.27 per cent, or 62.62 points, to 23,381.94, while Shanghai, returning after a week-long Lunar New Year break, fell 0.45 per cent, or 10.84 points, to 2,421.56.

WELLINGTON - The NZX 50 Index rose 17.74 points, or 0.4 per cent, to 4214.47.