Electronics General

Asian Markets Overview of March 8, 2010

🕔3/8/2010 1:30:58 PM

Today Asian stocks are set to rise after Wall Street rallied Friday, boosted by US upbeat jobs data. Asian markets broadly gained on Friday. Tokyo stocks advanced 2.2 per cent on expectations that the Japanese central bank may ease its monetary policy further. Shanghai and Hong Kong markets also powered higher on hope of China's moderately loose policies and an 8 per cent economic growth target this year. Shanghai Composite was up 0.25 per cent, and Hang Seng Index gained 1 per cent. South Korea's Kospi climbed 1 per cent.

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Asian Markets Overview of March 5, 2010

🕔3/5/2010 1:30:53 PM

Friday Asian stocks received a positive lead from Wall Street. US stocks overnight posted a slim gain, supported by better-than-expected retail sales data and analyst upgrades of a batch of blue-chip companies. Yesterday most Asian markets closed lower on renewed worries about China's policy tightening. Hong Kong's Hang Seng Index slid 1.4 per cent, while Shanghai Composite lost 2.4 per cent, with China's banking and property shares dropping sharply. Singapore market was also impacted by China's property bubble concerns, and Straits Times slid 0.5 per cent. Japan's Nikkei 225 was off 1.1 per cent as strong yen hurt exporters.

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Asian Markets Overview of March 4, 2010

🕔3/4/2010 1:30:25 PM

Asian stocks saw modest gains Wednesday on hope of a bailout package for Greece. Australian market was boosted yesterday as official data showed that Australia's economy grew 0.9 per cent in fourth quarter, its fastest quarter-to-quarter pace in almost two years. Japan's Nikkei index ended up 0.3 per cent. South Korea's Kospi Composite rose 0.5 per cent. Shanghai Composite climbed 0.8 per cent higher. But Hong Kong's Hang Seng Index closed 0.1 per cent lower. Today Asian markets are likely to open flat, after Wall Street declined slightly on Wednesday.

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Asian Markets Overview of March 3, 2010

🕔3/3/2010 1:30:14 PM

Asian stocks received a positive lead on Wednesday as US and European markets were lifted after Greece debt concerns eased. Asian markets ended mostly higher Tuesday. Australian share advanced 0.3 per cent despite central bank raised the official interest rate by 25 basis points in board meeting yesterday. South Korea's Kospi posted a solid gain yesterday with a 1.3 per cent rise, Japan's Nikkei 225 Average gained 0.5 per cent and Taiwan's Taiex was up 0.3 per cent. Hong Kong's Hang Seng Index fell 0.7 per cent, dragged by disappointing earnings of HSBC. China's Shanghai Composite fell 0.5 per cent.

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Asian Markets Overview of February 26

🕔2/26/2010 1:30:21 PM

Most Asian markets ended lower yesterday on fears of a possible downgrade of Greek debt. Japan's Nikkei lost 1.0 per cent while a rising yen weighed on exporters. Taiwan market fell 1.4 per cent and South Korean's Kospi declined 1.6 per cent. But China's Shanghai Composite rose 1.3 per cent, as investors were expecting an annual parliament session in March may reaffirm China's relatively loose monetary policy.

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Australian Market Report of February 22: Down on US Discount Rate Hike

🕔2/22/2010 9:30:10 AM

Australian shares and Asian markets Friday were down on the US Federal Reserve's decision to raise the discount rate for the first time since the financial crisis. NAB's flat cash earnings result also weighed on the Australian shares. At the close, the benchmark S&P/ASX200 index declined 19.8 points, or 0.4 per cent, at 4635.1, while the broader All Ordinaries index slid 17.6 points, or 0.4 per cent, to 4656.3. The local market gained 2 per cent for the week.

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Asian Markets Overview of February 19

🕔2/19/2010 1:30:14 AM

Most Asian markets fell Thursday as investors took profit from recent rallies. Resources shares declined across the region after news that International Monetary Fund plans to sell 191.3 metric tons of gold on open markets. Hong Kong's Hang Seng Index lost 0.5 per cent and South Korea's Kospi fell 0.4 per cent. However, Japan's Nikkei stock average rose 0.3 per cent while the Bank of Japan left its interest rate at 0.1%. China, Taiwan and Vietnam markets remained closing on Friday.

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