NEW YORK (Thestreet) -- Global market indices ended in positive territory last week. India's Nifty notched the best gains -- 5.2% -- while China's Shanghai Composite Index was up 2.2% and Brazil's Bovespa rose 1.7%. The Dow Jones and the S&P 500 edged up 0.3% and 0.1%, respectively, last week.

China: Winners and Losers

KongZhong ( KONG was at the helm of the advancers' list last week, gaining 20.8%, cheered by the company's impressive fourth-quarter 2010 financial results.

Total revenue for the quarter was up 5% year over year to $36 million. Net income soared 149% to $5.01 million. For first quarter 2011, total revenue is expected between $38.5 and $39.5 million and net profit is expected in the range of $2 million to $3 million.

China's budget hotel chain Home Inns & Hotels Management ( HMIN was up 16.1%. BNP Paribas reiterated its buy rating on the stock. The hotelier is bidding for a stake in Shanghai Motel Management Co.

HSW International ( HSWI gained 14.6% last week. Riding high on silver prices, Silvercorp Metals ( SVM increased 14.5% past week. Fuqi International ( FUQI advanced 10.7%. Zacks Investment Research reaffirmed its neutral rating on the stock. Also, Shanda Games ( GAME gained 9% after ThinkEquity upgraded the stock to buy from hold.

Spreadtrum Communications ( SPRD rose 8.5% after it reported impressive quarterly results. For the fourth quarter, total revenue soared 199.5% year over year to $126.5 million. Net income for the quarter reached $30 million, compared with $1.4 million during the same quarter a year ago. For the first quarter of 2011, Spreadtrum expects revenue in the range of $130 million to $135 million and a gross margin in the range of 41.5%-42.5%.

Melco Crown Entertainment ( MPEL rose 7.9% last week. Jefferies initiated coverage on the stock last week with a hold rating and a price target of $7.44. The Macau government said the casino's revenue surged 47.7% in February to $2.5 billion, driven by a stream of gamblers from mainland China.

Xinhua Sports & Entertainment ( XSELD topped the losers' pack, plunging 36.9% past week. China Architectural Engineering ( CAEID followed, down 19.3%. New Oriental Energy & Chemical ( NOEC lost 16.3% last week.

Solar stocks lost ground, however, on fears that the Italian government will make regulatory changes that will hurt the sector. Canadian Solar ( CSIQ - Get Report) lost 12.1%, LDK Solar ( LDK fell 10.8%, Yingli Green Energy Holdings ( YGE shed 9.0% and Trina Solar ( TSL was down 6.7% last week.

India: Winners and Losers

HDFC Bank ( HDB led the pack of gainers, rising 8.8%. The bank last week raised interest rates on home loans by 25 basis points, both for its new and old borrowers. Also, the bank hiked its retail prime lending rate to 15.5%. Another bank, ICICI Bank ( IBN, advanced 3.4%.

Sify Technologies ( SIFY - Get Report) rose 6.9% last week, after it became known that Sify became the first ICT player in India to activate its capacities in the Europe-India Gateway (EIG) submarine cable system. Sify's exclusive partnership with GBI (Gulf Bridge International) to land their Cable System in India, scheduled to go live in the second half of 2011, will consolidate its position as a major ICT player.

Tata Motors ( TTM gained 6% last week. The company recently launched a prototype of the Tata Pixel, the first car custom-designed for the European market. Last week, the Jaguar Land Rover arm of Tata Motors announced it would start production in India with assembled units and parts shipped in kit form to the subcontinent from the U.K. Sterlite Industries ( SLT was up 4.8% last week.

Dr. Reddy's Laboratories ( RDY gained 4.3%. The pharmaceutical major is considering establishing a manufacturing facility in Russia and is currently holding talks with the government there.

Rediff.com ( REDF topped the losers' list last week, shedding 4.9%. Elsewhere, Syntel ( SYNT lost 1.2% last week.

Among other losers, WNS Holdings ( WNS edged 0.7% lower. Lastly, Cognizant Technology Solutions ( CTSH slipped 0.2%.

Brazil: Winners and Losers

Companhia Energetica de Minas Gerais (CEMIG) ( CIG - Get Report) headed the gainers' list last week, rising 9%. Companhia de Bebidas das Americas-AmBev ( ABV followed, with a gain of 5.9%. Last week, the Brazilian brewer reported 12% growth in net sales with a margin expansion of 310 basis points. Additionally, the company announced a dividend payment of 0.56 Brazilian real per ordinary share and 0.616 real per preferred share. The company reiterated its commitment to invest $1.5 billion in new factories and distribution centers.

Meanwhile, Ultrapar Participacoes ( UGPB was up 5.8% after reporting an 81% quarter-on-quarter jump in net earnings for 2010 fourth quarter. Net sales were up 18%. Centrais Eletricas Brasileiras (Eletrobras) ( EBR gained 5.6% during the week.

Braskem ( BAK, Latin America's second-largest petrochemicals company, advanced 5.5% last week. The company is planning to sell shares to fund future investments to boost output in the region. The company said it would decide on funding sources between 2012 and 2016. Companhia Brasileira De Distribuicao ( CBD gained 4.5%. The Brazil-based food retailer is planning to invest in $847 million to expand its operations in 2011.

Net Servicos de Comunicacao ( NETC headed the decliners' list, sliding 3.8% last week. Diversified national homebuilder Gafisa ( GFA dropped 1.6% during the past week.

Tele Norte Leste Participacoes ( TNE dipped 1.1% during the past week. The telecommunications service provider said it would continue to focus on specific markets in 2011, particularly centering on growth opportunities in mobile telephony, high-speed Internet, and pay TV. Major airline Gol Linhas Aereas Inteligentes ( GOL slipped 0.7%.