Archive for March, 2011

In Asia, crude oil for May delivery is trading 36 cents higher at $104.63 per barrel.

March 31, 2011

Australian and Asian Report 31st March 2011
Asian markets are trading mostly higher this morning, as upbeat economic and corporate reports boosted optimism that the global economy is recovering. In Japan, the Nikkei 225 index fluctuated between gains and losses. Shares of Acrodea traded lower, after the company stated that it plans to raise about ¥1 [...]

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Nikkei 225 index is trading 1.6% higher, at 9,613.1.

March 30, 2011

Australian and Asian Report 29th March 2011
Asian markets are trading higher this morning, taking cues from overnight gains on Wall Street. In Japan, exporters, Canon, Sony and Toyota Motor, paced gains, as the yen weakened against the dollar. Shares of Hitachi and Nissan Motor traded higher, as the companies resumed production, following the worst earthquake [...]

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In Asia, crude oil for May delivery is trading 7 cents lower at $105.33 per barrel.

March 28, 2011

Australian and Asian Report 28th March 2011

Asian markets are trading lower this morning, as investor sentiments were dampened by dismal earnings updates and lingering worries over nuclear crisis in Japan. In Japan, Tokyo Electric Power paced declines, as dangerous radiations delayed efforts to cool the damaged Fukushima reactors. Realty and construction stocks , Daito Trust [...]

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Nikkei 225 index is trading 0.7% higher, at 9,501.6

March 25, 2011

Australian & Asian Report 25th March 2011

Asian markets are trading higher this morning, taking cues from the overnight gains on Wall Street. In Japan, technology stocks, Sony, Elpida Memory and Tokyo Electron, paced gains, after Deutsche Bank upgraded Sony with a “Buy” rating. Shares of Komatsu, Comsys Holdings and Ebara, traded higher, amid optimism that [...]

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Nikkei 225 index is trading 0.1% higher, at 9,455.7.

March 24, 2011

Australian and Asian Report 24th March 2011

Asian markets are trading higher this morning, taking cues from overnight gains on the Wall Street. In Japan, beverage makers, Ito En and Coca-Cola West, paced gains, after Tokyo authorities warned of radiation risks in tap water. Komatsu traded higher, after the company stated that it resumed some of [...]

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Nikkei 225 index is trading 0.9% lower, at 9,523.7.

March 23, 2011

Australian and Asian Report 23rd March

Asian markets are trading lower this morning, tracking negative cues from Wall Street, and as major Japanese companies announced production halts. Investors were also wary, following more earthquakes near the damaged Fukushima nuclear plant. In Japan, carmakers, Toyota Motor, Honda Motor and Daihatsu Motor, paced declines, after companies extended their [...]

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In Asia, crude oil for April delivery is trading $1.84 higher at $102.91 per barrel.

March 21, 2011

Australian and Asian Report 21st March 2011
Asian markets are trading higher this morning, as crude oil prices rose, after US, UK and France launched airstrikes in Libya and amid news that Japan was making progress in its battle to control radiation leaks. In Hong Kong, oil producers, PetroChina, China Coal Energy and China Shenhua Energy, [...]

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In Asia, crude oil for April delivery is trading 33 cents lower at $97.65 per barrel.

March 18, 2011

Australian and Asian Report 17th March 2011
Asian markets are trading lower this morning, as the worsening crisis at Japan nuclear reactor dampened market sentiments. In Japan, exporters, Toyota, Fanuc and Canon, traded lower, amid concerns that a stronger yen would hurt their profits. Financial stocks, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Tokio Marine [...]

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Nikkei 225 index is trading 3.5% higher, at 8,901.6.

March 16, 2011

International Report 16th March

US markets finished lower yesterday, as growing concerns over the nuclear crisis in Japan overshadowed encouraging comments from the Federal Reserve. Intel led technology stocks lower, dropping 3.2%, after Nomura Holdings downgraded its rating on the stock to “Neutral” from “Buy”, citing weak personal-computer demand. Peers, Oracle, EMC and Dell ended lower [...]

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In Asia, crude oil for April delivery is trading $1.86 lower at $99.33 per barrel.

March 15, 2011

Australian and Asian Report 15th March 2011

Asian markets are trading lower this morning, amid concerns, after Japan’s Prime Minister, Naoto Kan, warned that radiation leaks had increased after a third explosion at the nuclear power plant at Fukushima. In Japan, Banks, Mizuho Financial Group, Mitsubishi UFJ Financial Group and Mitsui Financial Group, paced declines, as [...]

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