Tag Archive

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 0.7% higher, at 9,501.6

Published on March 25, 2011 By Greg

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 [...]

Asian markets are trading lower this morning, US markets closed lower on Thursday and Other European markets finished lower yesterday

Published on March 11, 2011 By Greg

Australian and Asian Report 11th March 2011
Asian markets are trading lower this morning, taking cues from overnight losses on Wall Street. In Japan, carmakers, Honda and Toyota Motor paced declines, as risk aversion increased among investors. In Hong Kong, property developers, China Overseas Land & Investment, and China Resources Land paced declines, while banks, China [...]

US markets finished lower on Friday, as a rise in crude oil prices and disappointing US wage growth data, dimmed the economic outlook

Published on March 7, 2011 By Greg

Australian & Asian Market Report 7th March 2011

Asian markets are trading lower this morning, taking cues from losses on Wall Street on Friday. In Japan, automakers, Toyota and Honda Motor paced declines, as crude oil prices surged amid escalating tensions in Libya. Banks, Mitsubishi UFJ Financial Group and Mizuho Financial Group, traded lower, as risk [...]

Range Resources dropped 7.3%, as a broker downgraded the stock to “Market Perform” from “Outperform”

Published on March 2, 2011 By Greg

Australian and Asian Market Report 2nd March 2011
Asian markets are trading lower this morning, taking cues from overnight losses on Wall Street. In Japan, financial stocks, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group, paced declines, as risk appetite decreased among investors. Automakers, Toyota, Honda Motor and Mitsubishi Motors, traded lower, as the yen [...]

US stocks advanced yesterday, as improving economic outlook and bullish comments from Warren Buffett boosted investor confidence

Published on March 1, 2011 By Greg

International Market Report 1st March 2011
US stocks advanced yesterday, as improving economic outlook and bullish comments from Warren Buffett boosted investor confidence. Nationwide Health Properties surged 9.7%, after Ventas stated that it would acquire the former in a multi-million dollar deal to create the country’s biggest real-estate investment trust for health care. Walgreen gained 3.3%, [...]

Among technology stocks, Hewlett-Packard tumbled 9.6%, as it reported weaker-than-expected quarterly earnings, while Intel and EMC dropped 3.0% and 0.9%, respectively

Published on February 24, 2011 By Greg

Australian and Asian Market Report 24th February 2011

Asian markets are trading lower this morning, taking cues from overnight losses on the Wall Street. In Japan, exporters, Honda Motor, Toyota Motor and Mazda Motor, paced declines, as the yen appreciated against the dollar. Tobu Railway traded in negative territory, after the company revealed its plans to [...]

US markets were closed yesterday due to the Presidents Day holiday

Published on February 22, 2011 By Greg

Australian and Asian Market Report 22nd February 2011

Asian markets are trading lower this morning, amid persistent political tensions in the some of the North African and Middle East countries. In Japan, shipping stocks, Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha, traded lower, as cargo shipping rates dropped yesterday. Shares extended declines, after Moody’s [...]

Nikkei 225 index is trading marginally higher at 10,841.0

Published on February 18, 2011 By Greg

Australian and Asian Market Report 18th February 2011

Asian markets are trading mostly higher this morning, taking cues from overnight gains on the Wall Street. In Japan, Nikkei is trading flat, as stocks fluctuated between gains and losses. Heiwa Real Estate paced declines, after the company revealed its plans to sell ¥13.4 billion in shares to [...]

US markets ended higher yesterday, with the S&P 500 index reclaiming its 32 month high level, as an unexpected rise in housing starts, strong earnings and takeover activities boosted market sentiments

Published on February 17, 2011 By Greg

Asian and Australian Market Report 17th February 2011

Asian markets are trading mostly higher this morning, taking cues from strong overnight gains on the Wall Street. In Japan, exporters, Canon, Sony and Nintendo, paced gains, amid expectations of higher sales in US, as Federal Reserve raised its forecast for US economic growth. Honda Motor gained values, [...]