Real Estate General

Asian Markets Overview of April 8, 2010: Osaka Gas(TYO:9532) Currently Not Seeking CBM LNG Long-Term Contracts

🕔4/8/2010 1:30:54 PM

Overnight US stocks broadly declined after new figures from the Federal Reserve showed that consumer credit dropped unexpectedly in February. The sharp plunge in consumer credit was an indication that households are still in a cautious frame of mind despite U.S. economic recovery. Asian markets opened lower this morning following the drops in Wall Street. But Wednesday most Asian stocks gained, helped by stronger oil prices and upbeat corporate earnings. Hong Kong's Hang Seng surged 1.8 per cent, while China's Shanghai Composite fell 0.3 per cent as real estate shares were hurt by fears of further measures to cool the property market. Japan's Nikkei 225 posted a 0.1 per cent rise and South Korea's Kospi Composite finished nearly unchanged.

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Egyptian Resorts Company (ERC) (CAI:EGTS) Announces Consolidated Results for Full Year 2009

🕔4/2/2010 4:29:45 PM

Egyptian Resorts Company (ERC) (CAI:EGTS) announces consolidated revenue of EGP 25.7 million and consolidated earnings before tax of EGP 8.1 million compared to EGP 347.7 million and EGP 345.9 million respectively for the previous year.

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Asian Markets Overview of April 1: Tokyo Gas (TYO:9531) to Join BG Group's (LON:BG) LNG Project in Australia

🕔4/1/2010 1:30:51 PM

Wall Street overnight fell on the unexpected drop of the private sector employment data, which raised investors' concern over the key nonfarm payroll figures to be released on Friday. Asian markets were mostly lower Wednesday. Japan's Nikkei index closed slightly lower with a 0.1 per cent fall on the last day of the current fiscal year for most Japanese companies. China's Shanghai Composite and Hong Kong's Hang Seng Index both lost 0.6 per cent. Today China is due to release PMI figures for the manufacturing sector.

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Prime Holding Middle East Equities Research for 28th March, 2010

🕔3/29/2010 6:00:33 PM

The DFM General Index gained 4.31% (76.2 points) to close at 1845.21 points after trading AED1703 million worth of shares, which left 22 stocks up, 3 down and 3 unchanged. Emaar Properties was the most traded stock capturing AED891 million of the total and gaining 8.82% to AED4.07. DFM followed trading AED324 million rising 7.78% to AED1.94, then Arabtec trading AED204 million advancing 6.91% to AED2.32 and Dubai Islamic Bank trading AED89 million moving 5.53% higher to AED2.67.

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Asian Markets Overview of March 17, 2010: Chuo Mitsui (TYO:8309) Setting Up Real Estate Fund

🕔3/17/2010 1:30:47 PM

Asian markets are set to deliver a positive start on Wednesday. US stocks rose to a fresh 17-month high overnight as the US Federal Reserve acknowledged the U.S. economy was gaining momentum and reiterated that the central bank will keep interest rates low for an extended period. Yesterday Asian shares closed mixed ahead of Federal Reserve and Bank of Japan's policy meetings. Japan's Nikkei 225 fell 0.3 per cent after three-day gains; however, China's Shanghai Composite rebounded from falls in previous two sessions. Hong Kong market shed 0.3 per cent as coal mining shares were hurt by China Shenhua's disappointing earnings.

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Asian Markets Overview of March 12, 2010

🕔3/12/2010 1:30:21 PM

Banking shares continued to push the US market higher overnight, despite resources and industrial sectors were hurt by worries that China may tighten its policy to cool the overheating economy after the country's latest inflation data. Consumer price index for February in China rose a faster-than-expected 2.7% in February from a year earlier. Thursday Asian markets closed mixed. Several major markets dropped after Chinese economic data. Japan's Nikkei index was up 1 per cent and Hong Kong's Hang Seng Index inched up 0.1%. Taiwan's Taiex lost 0.4 per cent and South Korea's Kospi shed 0.3 per cent. China's Shanghai Composited gave up most of its early gains and closed with a 0.1 per cent gain.

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Asian Markets Overview of March 2

🕔3/2/2010 1:30:47 PM

Asian markets are expected to rise today as Wall Street rallied overnight on improved data of manufacturing employment in the US and a takeover of American International Group's Asian arm by British insurer Prudential. Resources shares in Asia were up on Monday as the massive earthquake in Chile raised concerns on copper supplies. Asian markets closed mostly higher yesterday. Japan's Nikkei rose 0.5 per cent, lifted by a rise in non-ferrous metal shares. Hong Kong's Hang Seng Index gained 2.2 per cent and China's Shanghai Composite added 1.2 per cent on expectations Beijing may retain an appropriately loose monetary policy at the upcoming meeting of the National People's Congress.

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