Posts Tagged ‘Asia’
Wednesday, March 9th, 2011
Just two years ago, stock exchanges in Asia and the Pacific reached its lowest point since the financial crisis. On March 9th, 2009 regional index MSCI Asia Pacific fell to its lowest level since 2001 because of the distrust of investors in the stock markets. Sale of shares in the region after the collapse of investment bank Lehman Brothers in September 2008 affected the worst stock exchanges in emerging economies in Asia. The MSCI Asia Pacific, however, has doubled its value since then and has grown by nearly 96%. Most of the last two years have bounced stock market indexes in Indonesia, Thailand and India – all of them reported an increase above 120%. The leading stock indexes in Hong Kong and Singapore have also managed to double the period, while the performance of shares in China is the weakest, along with the stock exchanges in New Zealand and Japan. The regional index MSCI Asia Pacific rose 0.2 percent to 138.25 points in today’s session, which helped the fall in oil prices and good economic data from Japan. A fall in oil prices supported the shares of transport companies in the region, including Air China and Eva Airways, which rose more than 1%. Tokyo Stock Exchange’s Nikkei 225 rose 0.6 percent to 10,589 points after the data for the increase in machinery orders in the country with 4.2 percent on a monthly basis in February. This is a sign to jump in investment companies that can support the growth of Japanese economy. However, the Nikkei 225 e one of the least-performing index over the past two years with growth of 50%. At the same time leading stock index in Thailand SET has added to its value increased 150% over the interest of foreign investors in local stock exchange.
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Tags: Asia, asian indexes, Nikkei, stock exchange, Tokyo, Tokyo Stock Exchange
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Sunday, March 6th, 2011
The Asia stock index ended the week with solid increases, as market optimism prevailed for the fourth consecutive day. For this helped good news for decline in initial unemployment in the U.S. who supported shares of exporters in the region.
“The decline in applications for unemployment benefits in the U.S. increased confidence that the country is on track to higher employment, which will make sustainable recovery,” said Shane Oliver of AMP Capital. “This is great news for Asian exporters,” said the specialist.
Today the regional MSCI Asia Pacific Index advanced 1.2 percent, heading for its highest close since February 21. For the week the index rose 1.9 percent, erasing most of the experience of last week’s decline of 2.1 percent. The Tokyo Stock Exchange’s Nikkei 225 advanced 1 percent to 10 693.66 points, which brought him a weekly increase of 1.6 per cent. It also helped the retreat of the yen, sparking speculation about higher profits for exporters. The main index in Hong Kong – Han Seng, rose 1.2 percent today, ending the session at 23,409 points. Weekly the index rose by 1.7 per cent. In China’s CSI 300 rose 1.5 percent today, but in Taiwan and South Korea advanced indexes respectively with 0,5 and 1,9 per cent.
Tags: Asia, Asian markets, Asian Stocks, index, Nikkei 225, stocks
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Tuesday, March 1st, 2011
The first March session brought strong increases in the leading stock indexes in Asia and the Pacific, which continued to rise for a third day. The rising metal supported shares in the mining sector and the depreciation of the yen, while increased interest in the shares of the Japanese exporters. The Japanese Nikkei 225 index rose 1.2 percent to 10,754 points. Economic data out today showed that unemployment in Japan remained unchanged at 4.9 percent for the second month in January, while household income rose by 0.2 percent annually. Meanwhile, consumption expenditure of households reported a decline annually by 1%, which was weaker than market expectations. Sydney Stock Exchange S & P / ASX 200 fell 0.1 percent for the second consecutive day, falling to 4 826.40 points. Australia’s central bank left unchanged its key interest rate at 4.75 percent for the fourth consecutive month. Appreciating Australian dollar and the slower pace of wage growth in the country have reduced inflationary pressures, said the central bank. The good data in the index of business activity in the manufacturing sector of the country, which increased to 51.1 points in February from 46.7 points in January. In China, the Shanghai Composite rose 0.5% to 2 918.92 points despite data to slow growth in factory sector. This index showed business activity in it, which dropped to 52.2 points in February from 52.9 in January, its value is the lowest for the past six months. Most of today’s session is presented Indian BSE Sensex index 30, which added 3.1 percent to 18 381.8 points. The reason for this became government estimates to reduce the budget deficit for next fiscal year to 4.6 percent. The government expects economic growth to accelerate to 9% of expected for the current fiscal year, 8.6 per cent.
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Tags: Asia, BSE Sensex, MSCI Asia Pacific, Nikkei, Pacific, Stock Exchanges
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Thursday, November 18th, 2010
The stock indexes in Asia-Pacific region rose sharply in trading today and removed significant part of its loss from the previous four sessions, which reached 10% for Chinese index Shanghai Composite. Most increase the share price in Japan, Hong Kong and South Korea, and the banks ran the most profitable companies. Leading Japanese Nikkei 225 index rose 2.1 percent to 10 013.63 points. He jumped over the psychological level of 10 thousand points for the first time since June. In Hong Kong Hang Seng rose 1.8% to 23 637.39 points while the Shanghai Composite rose 0.9 percent to 2865 points. The regional index MSCI Asia Pacific added 1.4 percent to 131.65 points, after spending the previous four sessions at a loss of 4.5 percent which was the largest since August 2009. The sale of shares in the previous days were dictated by concerns about the measures the Chinese government to curb the growth of inflation, bank lending and the economy. Beijing confirmed yesterday that it may impose controls on the rise in commodity prices, which are of basic necessity. In Australia the S & P / ASX 200 rose 0.3 percent to 4640 points, so as to enhance and Taiwanese Taiex. Today it became clear that the Taiwanese economy has grown significantly with the 9.8% yoy in the third quarter. In the second gross domestic product increased by nearly 13 per cent.
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Tags: Asia, Asian markets, Hang Seng, Hong Kong, market, Shanghai Composite, Tokyo
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Monday, November 15th, 2010
Today’s trade in the Asia-Pacific region was carried out with strong decreases in the leading indexes in China and Hong Kong, after the increase in the base rate increase in South Korea worries about tightening monetary policy of central banks of developing economies in the region. The regional index MSCI Asia Pacific, which covers the securities markets in ten Asian countries and Australia and New Zealand, going down for the third consecutive session and lost 0.6 percent to 130.94 points. The decline in stock prices was provoked by worries about a deepening debt crisis of the Irish. Top losers were the securities markets in China, where the leading Shanghai Composite Index fell 4 percent to 2 894.5 points due to speculation that the government will step up its controls on capital flows and central bank will raise again soon its key interest rate. The Shanghai Composite fell to one-month low after the economic data for China showed that FDI in the country increased by 15.7% yoy in October, which is lower in growth compared with growth of 16.6 % in September. The index of leading economic indicators in China, which predicts the development of the country’s economy over the next three to six months, rose for the seventh consecutive month. It grew by 0.6 percent in September, according to the Conference Board, which implies the steady economic growth in early 2011
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Tags: Asia, asian indexes, central banks, index, Irish, Lose, losing, monetary policy, MSCI, session, trade session
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Wednesday, August 4th, 2010
The stock exchanges in Asia and the Pacific fell for the first time this week after growing concerns among investors about the recovery of U.S. economy prompted them to seek less risky assets like the yen, the dollar and government bonds. Shares of Japanese exporters have suffered most due to the appreciation of the yen to its strongest level against the dollar for the past 15 years. A strong yen makes goods of local producers more expensive on foreign markets and reduce their earnings after conversion into local currency. Shares of Canon and Sony fell more than 3 percent of the exchange in Tokyo for expensive yen. Shares of Toyota and Honda in turn lost around 2% because data for the decline in U.S. sales in July. Chinese mining companies fell after a decline in metal prices. Regional stock measure MSCI Asia Pacific, which oversees securities markets in ten Asian countries, Australia and New Zealand, losing 0.6 percent, disrupting its good performance from the previous two days, which brought him an increase of 2.2 percent. Most now come down shares of companies and consumer technology sector in its composition. Both groups decreased by more than 1%. MSCI Asia Pacific, however, reduced the loss of its highest point this year, celebrated on April 15, half to 6.3 percent.
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Tags: Asia, asian indexes, Asian Stock Exchange, indexes, MSCI Asia Pacific, Pacific, stock exchange, stock measure
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Monday, August 2nd, 2010
The stock market indexes in Asia and the Pacific region began August with strong increases that helped regional stock measure MSCI Asia Pacific to increase for the sixth time in seven days. MSCI Asia Pacific, which includes almost 1000 stock companies from ten Asian countries plus Australia and New Zealand ended last week with growth of 1.4 percent and July – a lead of 5.6 percent. Good financial performance of Honda, Hitachi and Hyundai Mobis for the past quarter brought growth in the share of automotive and consumer companies. Shares of the second largest car manufacturer in Japan – Honda, as well as those of Hitachi, rose at least 4 percent of the exchange in Tokyo. Those of the largest Korean producer of auto parts jumped by nearly 9 percent. MSCI Asia Pacific increased by 1.2 percent to 120.5 points and is on track to finish the session at the highest level since May 13 . Today most major indexes rose in Taiwan and Hong Kong. Taiwan Taiex rose nearly 2% to 7 911.68 points while the Hang Seng advanced 1.8 percent to 412.79 by 21 points, led by companies in the real estate sector. In Japan the Nikkei 225 added 0.4 percent to 9 570.31 points. The broader stock indicators Chinese Shanghai Composite rose 1.3% to 2 672.52 points, although data for the country the last two days showed a decline in the manufacturing sector. Data were disappointing, however, offset by the news of the great coal deposits found in northern China, which greatly increase the shares of companies in the energy sector.
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Tags: Asia, asian indexes, August, Honda, Japan, MSCI Asia Pacific, Pacific region
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Wednesday, July 28th, 2010
The stock market indexes in Asia and Pacific region rose strongly during today’s session, led by the best financial results for the quarter of the Japanese technology company Canon and U.S. chemical concern DuPont. The Asian markets rise over the past four sessions helped the regional MSCI Asia Pacific index rising to its highest level since mid-May. It rose by 1.1 percent to 119.36 points today, led by industrial companies in the region. MSCI Asia Pacific is still a 7.6% below its highest point this year because of fears of investors that global growth will slow at the end of this year. Most of today – by 2.7% to 9 753.27 points, increasing the Japanese Nikkei 225 index. Canon’s shares were traded with a growth of 5.7 percent on the Tokyo Stock Exchange after the biggest maker of cameras in the world announced four times increase in profit for the second quarter. The positive financial result, Canon has increased to 67.6 billion yen (770 million dollars) for the three months to June 30. Shares of other Japanese exporters like Sony, Honda and Nissan, also increased due to depreciation of the yen against the euro.
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Tags: Asia, asian indexes, Canon, DuPont, index
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Wednesday, July 7th, 2010
Most stock indexes in Asia and Pacific region have moved negative territory during the session today after market participants chose to retrieve its profits from the previous two sessions. Regional stock measure MSCI Asia Pacific, which oversees securities markets in ten Asian countries, Australia and New Zealand fell by 0.7 percent to 113.08 points, after rising by 1.9 percent in the first two sessions of this week. Worries about the recovery of the global economy once again prevailed, and increased rate of Japanese yen against all 16 most-traded currencies. Appreciation of the yen reflected on the shares of major Japanese exporters, which reported a decline led by those of Honda and Sony. The main Japanese stock measure of the Nikkei 225 fell 0.6 percent, ending the session at 9 279.65 points. Even more – by 1.1% to 19 857.07 points, the Hang Seng fell to a low turnover of stock traded in Hong Kong. The biggest sales were in the banks after Industrial and Commercial Bank of China announced that it can attract 45 billion yuan (6.6 billion dollars) by selling rights. The South Korean Kospi fell 0.6 percent to 1 675.65 points. Shares of Samsung Electronics fell 0.8 percent in the Exchange in Seoul, although the technology company has announced record operating profits of 5 trillion. won (4.1 billion dollars) for the quarter.
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Tags: Asia, Asian countries, asian indexes, Australia, indexes, MSCI Asia Pacific, New Zealand, optimism
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Friday, June 25th, 2010
Most stock indexes in Asia and Pacific region are brought to negative territory in today’s session, many of them are about to be completed the week with decreases. Economic disappointing data from Asia, Europe and the U.S. in recent days, the forthcoming meeting of leaders of the G-20 this weekend and unexpected decision of China to loosen controls on the exchange rate of its currency have made investors nervous and trade – volatile. Regional MSCI Asia Pacific index suffered its biggest decline in three weeks today, falling by 1.5 percent to 115.37 points. It includes nearly 1000 traded companies from 10 countries in Asia, plus Australia and New Zealand. Within the past five sessions stock measure lost 0.8 percent of its value after last week advanced to 3.4 percent thanks to strong performance of stock markets in Japan and Australia. The same two securities market and registered the biggest loss this week, contributed most to the decrease of the MSCI Asia Pacific. Appreciation of the yen lower the price of the shares of Japanese exporters and the Nikkei 225 slid 2 percent to 9 points at 737.48 in Tokyo Stock Exchange, which is the strongest its decline for the past three weeks. Shares of Toyota fell 2.5 percent, while those of Canon dropped by nearly 5 percent, according to Bloomberg.
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Tags: Asia, Asian exchanges, Europe, exchanges, finances, index, money, USA
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