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Asian Markets Overview of March 19, 2010: Toho Zinc (TYO:5707) To Double Stake in CBH Resources (ASX:CBH)

🕔3/19/2010 1:30:14 PM

Wall Street overnight gained for an eighth consecutive session with a low trading volume. Thursday US weekly jobless claims data and core consumer prices in February provided mild support for the market. Most Asian markets declined yesterday. Japanese exporters were hurt by the weakness in euro against yen. Nikkei 225 lost nearly 1.0 per cent, and South Korea's Kospi dropped 0.5 per cent. Hong Kong and mainland China markets gave up their early gains to close lower on Thursday on renewed fears that China might take further measure to control the pace of bank lending. Shanghai composite closed down 0.14 percent, while Hang Seng Index fell 0.25 percent.

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Asian Markets Overview of March 15, 2010

🕔3/15/2010 1:30:16 PM

Asian shares received mixed lead from Wall Street. Friday the US market closed flat after better-than-expected US retail sales and slightly lower consumer sentiment data. Meanwhile, financial shares erased some of their gains after rallies last week. Asian markets also closed mixed Friday. Japan's Nikkei was 0.8 per cent higher, led by Japanese exporters. But Shanghai and Hong Kong markets dropped as banks and mainland based real estate shares were hit by concerns over policy tightening amid rising inflation. Shanghai Composite fell to nearly a three week low.

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Asian Markets Overview of March 11, 2010

🕔3/11/2010 1:30:46 PM

Dow Jones Industrial Average was marginally higher overnight, supported by financial stocks. But material stocks were under pressure as commodities prices declined. Asian markets Wednesday closed mixed. Singapore market finished 0.8 per cent higher to their a seven-week high after a report showed that Singapore's economy was expected to grow 6.5 per cent in 2010. Japan's Nikkei 225 and Hong Kong's Hang Seng Index finished flat after moving between gains and losses during the session. South Korea's Kospi ended 0.1% higher. But China's Shanghai Composite snapped a three-day rise and fell 0.7 per cent ahead of the inflation data.

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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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NewSat Limited (ASX:NWT) Contender For World Teleport Awards For Excellence

🕔3/3/2010 5:55:19 PM

Australia's leading independent satellite communications company, NewSat Limited (ASX:NWT) (OTC:NWTLY) wishes to advise the market that it has been announced as a finalist of the World Teleport awards for excellence.

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NewSat Limited (ASX:NWT) Share Purchase Plan Allotment Date

🕔3/2/2010 3:29:36 PM

The Directors of NewSat Limited (ASX:NWT) (OTC:NWTLY) are very pleased with the response from eligible shareholders to the Share Purchase Plan ("SPP"), the results of which will soon be announced.

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ABN Newswire Stocks to Watch: March 1, 2010

🕔3/1/2010 11:00:28 AM

ABN Newswire stocks to watch today include: AuDAX Resources Ltd (ASX:ADX)(PINK:ADXRF), Bauxite Resources Limited (ASX:BAU)(PINK:BXRDF), Pan Asia Corporation Limited (ASX:PZC), Magnetic Resources NL (ASX:MAU), Benitec Limited (ASX:BLT) (PINK:BNIKF), Rex Minerals Limited (ASX:RXM) and NewSat Limited (ASX:NWT).

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