The stock market indexes in Asia and the Pacific region resumed its upward movement today after the largest automobile company in the world – Japanese Toyota, increased its forecast for profit this year because of increasing sales in the U.S. and Asia. Tokyo stock indexes are best presented during today’s session, led by shares of Toyota, which rose 3.4 percent. The company management said it expects net profit of 340 billion yen (3.98 billion dollars) for the fiscal year to March 31st, 2011. Previous estimates had a positive financial result of 310 billion yen. The main Japanese stock index Nikkei 225 rose 1.7 percent to 9 653.92 points while the insurance protection from bankruptcy, the Japanese state fell to its lowest level in three months. The rate of the yen has remained almost unchanged against the dollar today after yesterday jumped to its highest level in 15 years. Stock optimism in Japan was also supported by remarks of the Prime Minister of the country forms of the Khan, who said the government is prepared to grant a new impetus to the economy by using the current budget provisions. He fears that high unemployment and expensive yen would hurt the economic recovery of the country.
Regional stock measure MSCI Asia Pasific, which oversees securities markets in ten Asian countries, Australia and New Zealand increased by 0.6 percent to 121.42 points, approaching its highest value for the last three months. The price of wheat jumped to nearly two-year peak because of concerns that Russia will limit exports gave drought in the country. All ten industry groups represented in the MSCI Asia Pacific, moving to increase during today’s session. In Thailand SET index wide increased by 0.9 percent to 875 points, marking the 11th consecutive winning session, a record for the index over the past 16 years. Australia’s S & P / ASX 200 rose 0.5 per cent, rising to its highest level in six weeks from 4 566.50 points. Exchange Mumbai BSE Sensex 30 rose by 0.2% to 18 246.50 points, led by tech companies. Increased interest by foreign investors in Indian equity markets in recent weeks BSE Sensex rose 30 to its highest level since February 2008. BSE Sensex 30 rose by 4.5 percent since the beginning of this year. On the negative territory ended the session in Shanghai, where the Shanghai Composite retreated 0.7 percent to 620.76 points to 2 because of decreases in the real estate sector. In Hong Kong’s Hang Seng remained unchanged at 21 551.72 points.