January 2, 2012 6:00 PM

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Asian markets closed for holidays

Key Asian markets in Japan , China , Hong Kong , and Singapore were closed for a holiday. South Korea 's Kosi index rose marginally.European markets rose, after making their biggest annual fall since 2008, with trading light due to the British markets being shut for a bank holiday.So France 's CAC-40 rose 0.7% and Germany gained 1.4% in intra-day trade, today.

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