Electronics General

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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Asian Markets Overview of February 16

🕔2/16/2010 1:30:19 PM

Asian shares declined in thin trade on Monday. Tokyo stocks fell on the pre-weekend fall on Wall Street and monetary tightening in China, despite a slightly better than expected gross domestic product figure in fourth quarter was released yesterday. Australian stocks Monday was also lower, weighed down by some disappointing earnings reports. There is no lead from Wall Street and major Asian markets including Shanghai, Hong Kong, Taiwan and Singapore are still in holiday break on Tuesday.

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Asian Markets Overview of February 11

🕔2/11/2010 1:30:37 PM

Most asian markets were higher on hope of a rescue package for Greece yesterday. Japan's Nikkei index ended up 0.3%, and Hong Kong's Hang Seng Index added 0.7%. Both China's Shanghai Composite and Taiwan's Taiex climbed 1.1%. Japanese market is closed on Thursday for National Foundation Day, while Taiwan market is closed for Pre-Chinese New Year.

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