Tag Archive

Nikkei 225 index is trading 0.8% lower, at 9,893.8.

Published on July 20, 2011 By Greg

Australian and Asian Report 19th July 2011
Asian Market Snapshot

Asian markets are trading lower this morning, amid concerns that the lack of progress on debt problems in the US and Eurozone would slow the global economic recovery. In Japan, financial stocks, Mitsubishi UFJ Financial, Sumitomo Mitsui Financial and Daiwa Securities, traded lower, tracking losses in US [...]

DJIA marginally edged higher to 12,807.5, while the NASDAQ slid 0.8% or 22.5 points to close at 2,841.6. S&P 500 slipped 0.3% to settle at 1,356.6.

Published on May 4, 2011 By Greg

Australian and Asian Report 4th May 2011
Asian markets are trading lower this morning, as risk appetite decreased among investors, following speculation that China would undertake further monetary tightening measures. In Hong Kong, China Vanke and China Citic Bank, traded lower, as the China Securities Journal stated that the Chinese central bank would raise lenders’ reserve [...]

DJIA edged down marginally to 12,807.4. NASDAQ slid 0.3% or 9.5 points to close at 2,864.1. S&P 500 slipped 0.2% or 2.4 points to settle at 1,361.2

Published on May 3, 2011 By Greg

Australian and Asian Report 3rd May 2011

Asian markets are trading mixed this morning, as gains due to the reduction of geopolitical anxieties following the death of Osama bin Laden, were offset by losses due to a fall in oil and metal prices. In Hong Kong, shares of Cnooc traded higher, after Goldman Sachs reiterated its [...]

The DJIA edged down 1.0% to settle at 12,263.6, while the NASDAQ slid 1.0% to close at 2,744.8. The S&P 500 slipped 0.8% to 1,314.2.

Published on April 13, 2011 By Greg

Australian and Asian Report 13th April 2011
Asian markets are trading higher this morning, as gains in carmakers and airlines managed to eclipse losses in metal and oil stocks. In Japan, the Nikkei 225 index fluctuated between gains and losses, with carmakers such as Honda Motor and Nissan Motor benefiting from a positive review from Nomura [...]

In Asia, crude oil for May delivery is trading 33 cents lower at $108.14 per barrel.

Published on April 5, 2011 By Greg

Australian and Asian report 5th April 2011
Asian markets are trading mostly lower, as investors remained cautious, ahead of the release of the minutes of the latest US Federal Reserve’s meeting. In Japan, shares of Tepco plunged, hurtling to its lowest close in almost 60 years, after the company began dumping radioactive water from its crippled [...]

DJIA advanced 0.5% to 12,376.7. NASDAQ climbed 0.3% or 8.53 points to 2,789.6. S&P 500

Published on April 4, 2011 By Greg

Australian and Asian Report 4th April 2011

Asian markets are trading mostly higher this morning, as economic data pointed to an improvement in the US job market. In Japan, exporters, Canon and Toyota Motor, traded higher, as the yen weakened against the dollar. Inpex and Japan Petroleum Exploration benefitted from higher oil prices. In Hong Kong, [...]

In Asia, crude oil for May delivery is trading 35 cents higher at $107.07 per barrel.

Published on April 1, 2011 By Greg

Australian and Asian Report 1st April 2011
Asian markets are trading higher this morning, led by gains in oil related stocks. Investors also expressed optimism, ahead of a key US jobs report. In Japan, banks, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group, paced gains, while oil producers, Inpex, Japan Petroleum Exploration and JX Holdings, [...]

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

Published on March 30, 2011 By Greg

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 [...]

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

Published on March 24, 2011 By Greg

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 [...]

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

Published on March 23, 2011 By Greg

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 [...]