Posted on 03 August 2010. Tags: Asia, Asia and Pacific region, Asian Indexes, BSE Sensex, indexes
The stock market indexes in Asia and Pacific region rose, led by energy and financial companies for second consecutive day. They helped the regional MSCI Asia Pacific index to reach its highest level in three months, while the main stock measure in India – BSE Sensex 30 rose to peak for the last two and a half years. MSCI Asia Pacific, which includes almost 1000 stock companies from ten Asian countries plus Australia and New Zealand moves to increase by 0.5 percent to 121.33 points and is on track to finish today’s session at its highest level 5 May onwards. Japan’s Nikkei 225 rose 1.3 percent to 9 694.01 points and was best performing among all regional indexes. The main Indian stock indicator BSE Sensex 30 rose by 0.2% to 18 103.04 points, led by shares in the banking sector, led by ICICI Bank, which yesterday announced a 17% increase in profit for the second quarter and 15 percent expected growth lending. BSE Sensex 30 rose by 3.6 percent this year and is near its highest level since February 2008. In Hong Kong’s Hang Seng rose by 0.2% to 21 457.66 points, also supported primarily by financial shares because of good financial results in two of the largest European banks – HSBC and BNP Raribas announced Monday. Indices in Taiwan, South Korea, Sri Lanka and Thailand also rose, as their lead was reduced in the range of 1%.
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Posted in Asian Finances
Posted on 09 April 2010. Tags: Asian markets, BSE Sensex, Consumer, Consumer sector, impetus, Pacific region, sector, telecommunications sectors
The companies in the consumer and telecommunications sectors made a positive impetus to the indexes in the Asian and Pacific region and have helped them to delete part of a strong loss yesterday. This gave rise to good sales figures of some large chains of retail in the U.S. in March, which showed that consumption is reduced and will support the economy. Moreover, major Japanese retailers Seven & I and Fast Retailing today predicted better financial results for the current financial year, which raised prices of their shares over 3 percent of the exchange in Tokyo. The regional index MSCI Asia Pacific, which includes stock companies from ten Asian countries plus Australia and New Zealand, added 0.2 percent to 127.79 points and increased his lead from the beginning of the week up 1%. Since the beginning of this year MSCI Asia Pacific rose by 6.1 per cent. Best known today are stock exchanges in China, Hong Kong and India. Wide Chinese Shanghai Composite Index rose 0.9 percent to 3 146 points, supported by media and telecommunications companies. Exchange of Hong Kong’s Hang Seng rose 1.6% to 22 208.50 points, which is near its highest level in three months. Although today’s Shanghai Composite finished elevations week with a decline of 0.4 percent, but while Hang Seng records strong growth of 3.1 percent on a weekly basis. Today it became clear that sales of cars in China grew by 63% yoy in March, supported by government measures to boost consumption.
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Posted in Asian Finances
Posted on 06 April 2010. Tags: Asia Pacific, Asia Stocks, BSE Sensex, indexes, MSCI, MSCI Asia Pacific, Possitive, Possitive session, session, stock indexes
Almost all the major stock indexes in Asia and the Pacific ended today’s session of positive territory, led by increases in mining companies, after economic optimism increased the prices of metals and energy resources. The regional MSCI Asia Pacific Index rose for a fourth day, adding 0.4 percent to 127.43 points. The price of copper rose above the psychological level of 8 thousand dollars per ton, since in recent days it became clear that employment in the U.S. grows, along with activity in the services sector. Companies from the raw materials sector was best performing group in the composition of the MSCI Asia Pacific today, over the past four days the price of their shares has risen by an average of 1.5 percent, according to Bloomberg. Exchange Taiex in Taiwan rose 0.8 percent to 8 089.7 points, while South Korean Kospi, and the Chinese Shanghai Composite, ended the session with a growth of 0.1 percent. Hong Kong Stock Exchange remained closed since April 1 because of the celebration of national holidays. The main measure in India BSE Sensex 30 rose 0.2 percent to 17 971.1 points, while in Indonesia Jakarta Composite decreased by 0.4% to 2 876 points after the central bank left the main interest of its record low level of 6.5 percent for the eighth consecutive month. Among the few indexes fell today, and ordered the Japanese Nikkei 225, which lost 0.5 percent, but remained above the psychological level of 11 thousand points. Appreciation of the yen against the euro has put pressure on shares of companies exporting the Tokyo Stock Exchange today.
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Posted in Asian Finances