Asian markets are trading on Tuesday in different

Asian markets are trading on Tuesday in different directions

On Tuesday
Asian stock markets showed
multidirectional movement. The impact was
applied energy industry as
China’s stubborn signs of weakening
pressed oil. Recall, on Monday
Brent decreased by 3.7%; WTI
gone down to 3%, so the oil and
energy corporations in Asia (as well
as well as all over the world) have felt the
recession consequences. In early Asian
oil trade started to grow
(Market players covered short
position), but this growth was severely limited
concerns about global growth
and excess supply in the market.

shanghai Composite
increased during the second half
session and finished the day in positive territory at 1.1%.
Despite the fact that the Chinese data for
III quarter were better than
forecast results, they are not so
however, confirmed that the economy
slowly loses momentum and added
uncertainty to the demand outlook
and corporate profits.

Hang Seng decreased
0.4% as investors fixed profits
after three weeks of growth in the total
the complexity by 13%. Lost in quotes
all major sectors. shares of PetroChina
and Sinopec, traded
in Hong Kong decreased by more than 2%
each.

Nikkei he added
0.4%. Japanese stocks slightly, but
rose as investors cautiously await
the October meeting of the ECB and the Fed. Good
growth showed telecommunications
sector.

financial
organizations also increased their
capitalization. mitsubishi UFJ
Financial Group gained nearly 2% each.

Notorious
manufacturer of automotive airbag
Security Takata lost
3.4% after US regulators
It hinted at an extension of the investigation
about the actual functionality
pillows (now it is spreading
11 companies).

S P / ASX decreased
0.7%. Australian
Index closed at the fall against the backdrop of mass
oversold.

banking
shares fell on news that
that the Australian government has already taken
a request calling for steadfast
Audit of the financial system. AT
Last year, a similar audit ended
requirements for large banks to attract
additional capital to ensure
its status as one of the safest
creditors of the world. Westpac and the Australia and New Zealand
Banking lost 1.6% each. Commonwealth Bank of
Australia and National Australia Bank fell by 0.9% and
0.6%.

Chinese
weakening and decline in prices on the night
crippled oil key resource sector:
Santos, Woodside
Petroleum and
Oil Search lost
3.41 – 5.1%. BHP
Billiton dropped
2.9%; rio Tinto
I lost
2.3%.

the
time Reserve Bank of Australia
I saw the signs of being in balance
economic activities (except
mining industry, which
the world is not the best
time). At the October meeting of the RBA
kept interest rates unchanged,
and “minutes” released today this
meetings continued to sound optimistic,
but did not bring anything new.

Kospi
he added
0.5%. The growth of the index contributed to
movement “blue chips»: Samsung
Electronics and
hyundai Motors
increased
0.9 and 1.2%, respectively.

with
citing unnamed sources,
Korean press reported today
that Samsung
at
an attempt to compete with Apple
plans
to present its new smartphone Galaxy
to S
of January.

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