Indexes in Asia fell on Friday because of the data on unemployment in the United States and losses of companies
Stock Indices Asia-Pacific Region (APR) fall on Friday due to weak data on the number of applications for unemployment benefits in the United States, and losses of high-tech companies AU Optronics and Advantest, reported Bloomberg.
Composite stock index MSCI Asia Pacific Asia-Pacific region dropped to 1.3% in opening trades - up 117.50 points. Since the beginning of the week index lost 4%, the sharpest decline since March 2009.
Japanese index Nikkei 225 fell 1.6%, Hong Kong"s Hang Seng - by 1,3%, South Korea"s Kospi - 2%.
"We survived the worst phases of global recession, but I do not expect the rally this year will be as rapid as in the past. is still a lot of negativity," - said vice-president of investment services for JPMorgan in Hong Kong, Grace Tam .
Number of Americans who first applied for unemployment insurance decreased last week to 8 thousand - up to 470 thousand to 478 thousand revised the previous week. Thus analysts expected to reduce the number of calls to 32 thousand from the previously announced level of before last week - up to 450 thousand
"Shopping overly sensitive to data on employment in the United States. Investors are already concerned about tightening credit policies and proposals for banking regulation, therefore, disappointing economic data could lead to a shift in the market", - considers Yoshihisa Okamoto of Mizuho Asset Management.
Taiwanese manufacturer of LCD AU Optronics has reduced the capitalization of 5,8% after the publication of data on net loss for the quarter, which have become an unpleasant surprise for analysts and the market. Net loss company in the fourth quarter amounted to 7.85 billion new Taiwan dollars ($ 245 million), the experts had expected a net profit of $ 3.5 billion new Taiwan dollars.
Stock quotes
Japanese Advantest Corp., world"s largest manufacturer of equipment for testing memory chips have fallen by 9,6%, as the company doubled worsened the forecast loss for the current fiscal year. Advantest expects a net loss for the 12 months ending 31 March, amount to 13.5 billion yen ($ 150 million), previously said about the loss of 6.7 billion yen.
rate securities largest manufacturer of computer memory in Japan, Elpida Memory has failed on 7,2%, as its net profit fell short of analysts" expectations.
price of securities of the third-largest mining group Rio Tinto Group of the world fell by 4,4% after the lower cost of metals. Index of six non-ferrous metals fell in London on Thursday to 3.6%, its sharpest drop since 1 September 2009.
According to Bloomberg, on Friday the financial results for the fourth quarter of 2009, will publish more than 100 of the 983 companies included in the index MSCI Asia Pacific.
Ukrainians do not issue passports cessation of external financing of the budget forced the Ukrainian government flagrantly violate the principles of ... Conflict with the Polygraph "Ukraine", printing the ballots, on Tuesday became the major news media ...
Crime for the sake of salaries and pensions
Can I print 1.5 million extra ballots?
Russia"s indexes continue to decline, ignoring the positive opening of European stock exchanges
Speculative recomcf0mendation on shares of MMC Norilsk Nickel, Gazprom, Lukoil, Sberbank and VTB
Conference on-line: "Aviaotrasl Russia at the Crossroads"
It is hoped that during the day Russia"s indexes will make a new attempt to increase
Prices for nonferrous metals may continue steady growth
The level of support for fixed-term contract on RTS index today - 142 800 points
Leave a Reply