Asia: Markets in turmoil, reporting Alcoa disarmed Commodity
By admin at 18 January, 2010, 2:09 am
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Tuesday, January 12, the major stock markets in the Asian region have shown mixed dynamics. Falling prices of Commodities, as well as disappointing statements Alcoa utyanuli down shares of oil and mining companies. On the other hand, data on annual sales of automobiles in China and higher than expected profits of Indian Infosys Technologies have adequate support to the regional indices.
As a result of trading the Japanese Nikkei 225 rose 0.75%, Chinese CSI 300 has become harder to 1,52%, while Australia"s SP /ASX 200 went in a minus on 1,03%. Regional indicator MSCI Asia Pacific has added to its asset 0,3%, to close at the mark to 126.04 points. The leader of growth among the indices was the Chinese Shanghai A-shares, has risen to 1.91%, and the leader of falling - Vietnamese Ho Chi Minh, lost at auction 3,25%.
According to the China Automobile Industry Association, salesof vehicles in the "Middle Kingdom" has increased in the last year by 46%, which enabled China to take a leadership position in terms of sales of cars, beating the United States. As a result, the paper SAIC Motor strengthened by 3,5%, quotes, Chongqing Changan Automobile, the Chinese partner of Ford Motor, rose by 2%, while shares of Mazda Motor risen in price at the auctions in Tokyo on 2,6%.
After the second-largest Indian software exporter Infosys Technologies said that net income for the three months ending December 31 sostavila15, 8 billion rupees ($ 348 million) against 14.8 billion expected by analysts rupees, its shares "recovered" by 3,8%.
According to the analyst company"s Sydney office AMP Capital Investors, Mr. Nader Naeimi (Nader Naeimi), India and China will undoubtedly become the engines of growth in the Asian region. Besides increasing the role of these countries in the world economy as a whole.
An increase in export volumes in China, as well as unexpectedly strong jump in imports of aircraft coming in December at 55,9%, the Japanese company Nippon Yusen and Mitsui OSK Lines earned bidding 2,4% and 2,5% respectively.
Chinese banks were bidding for the outsiders against the expected tightening of monetary policy. Thus, Industrial Commercial Bank of China retreated to 2.2%, but rates China Construction Bank fell 2.1%.
Papers of the Australian company Alumina, which owns 40%-s stake in a joint venture with Alcoa, became easier on 4,9%. Quarterly profits at the largest U.S. producer of aluminum was 1 cent per share against the analysts expected 6 cents per paper.
In view of reducing the cost of "black gold" at the auctions in New York, shares in Australia"s largest oil producer BHP Billiton weakened by 2,2%, while Woodside Petroleum and quotes a Chinese company, Cnooc fell by 1,3% and 0,5% respectively.
Values of the basic indexes on closing are resulted in the table:
| Index | Country | Closing (items) | Delta day (items) | Change day (%) | value at beginning of year (the last closing in 2009) | Change YTD |
|---|---|---|---|---|---|---|
| SP /ASX 200 | Australia | 4,899.50 | -- 51.2 | -1.03% | 4870.64 | 0.59% |
| All Ordinaries | Australia | 4,931.60 | -49.6 | -1.00% | 4882.71 | 1.00% |
| Ho Chi Minh | Vietnam | 498.31 | -16.75 | -3.25% | 494.77 | 0.72% |
| Hang Seng | Hong Kong | 22,326.64 | -84.88 | -0.38% | 21872.5 | 2.08% |
| Hang Seng H-shares | Hong Kong | 12,967.37 | -151.66 | -1.16% | 12794.13 | 1.35% |
| BSE 30 (Sensex) | India | 17,422.51 | -104.2 | -0.59% | 17464.81 | -0.24% |
| Jakarta Composite | Indonesia | 2,659.55 | 27.35 | 1.04% | 2534.36 | 4.94% |
| Shanghai A-shares | China | 3,433.76 | 64.31 | 1.91% | 3437.46 | -0.11% |
| CSI 300 | China | 3,534.92 | 52.86 | 1.52% | 3575.68 | -1.14% |
| KLSE Composite | Malaysia | 1,292.85 | -1.66 | -0.13% | 1272.78 | 1.58% |
| NZSE 50 | New Zealand | 3,290.29 | -13.46 | -0.41% | 3230.15 | 1.86% |
| Karachi 100 | Pakistan | 9,778.36 | -18.64 | -0.19 % | 9386.92 | 4.17% |
| Straits Times | Singapore | 2,916.11 | -17.42 | -0.59% | 2897.62 | 0.64% |
| Bangkok SET | Thailand | 527.62 | -2.29 | -0.43% | 520.69 | 1.33% |
| TAIEX | Taiwan | 8,309.37 | -14.45 | -0.17% | 8188.11 | 1.48% |
| PSEi | Philippines | 3,105.62 | 18.27 | 0.59% | 3052.68 | 1.73% |
| Colombo All-Shares | Sri Lanka | 3,494.62 | -21.16 | -0.60% | 3385.55 | 3.22% |
| KOSPI | South Korea | 1,698.64 | 4.52 | 0.27% | 1682.77 | 0.94% |
| Nikkei 225 | Japan | 10,879.14 | 80.82 | 0.75% | 10546.44 | 3.15% |
| Topix | Japan | 954.13 12.84 | 1.36% | 907.59 | 5.13% |
Forex Market 12/01/2010
Europe: corporate accountability have not added optimism
United States: the quarterly reporting season has started not the best way
Latin America: cheaper Commodities played into the hands of the bears
Forex Market. 13/01/2010
Asia: China gave a general collapse
Europe: following statements Societe Generale banking sector had to surrender
USA: pessimists, optimists have won
Latin America: steelmakers and mining companies helped the index to complete trades in the black
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