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All Nippon Airways Co., Ltd.
TYO:9202 ISIN:JP3429800000
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News
Wall Street stocks posted gains on Wednesday. The market pared early losses in late trade as Federal Reserve kept its stimulative monetary policy unchanged and said it would hold interest rate at "exceptionally low" level for an extended period to support the economic recovery.
All Nippon Airways Co. (TYO:9202) and Japan Airlines Corp. (TYO:9205) are reassessing their fuel surcharges and exploring possibility of charging the fees in October to reflect higher oil prices.
Asian markets Friday opened mixed. Japan's Nikkei traded lower in the morning, but the Japanese financial stocks surged after the rise on Wall Street overnight. Hong Kong opened flat as investors were cautious ahead of the earnings reports.
Asian shares ended mixed Thursday. The Shanghai Composite index was up 1.0%, but in Hong Kong's Hang Seng Index fell 1.0%. South Korea's Kospi lost 0.1%, reversing early gains, and Japan's Nikkei 225 Average ended up 2.0%.
Asia's major markets ended mostly lower yesterday. Tokyo stocks were hit by the data of huge contraction in the economy, but Shanghai Composite outperformed the Asian markets backed by hopes of further government economic stimulus measures, which also boosted the Hong Kong shares.
Asian markets are likely to post solid gains on Thursday, as U.S. stocks rallied on optimism over a fresh rescue package to help banks to remove toxic assets. The Nikkei stock average rose 1.2 percent on Thursday, buoyed by exporters such as Advantest Corp on a softer yen and after optimism about the U.S. government's rescue plan boosted Wall Street.
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