Asia: investors are cautious, but buying

 

Tuesday, October 13, the major stock markets of the Asian region have shown mixed dynamics with a predominance of positive dimension. Investors are cautious ahead of publication of quarterly reports of several major U.S. companies. Nevertheless, the weakening Japanese yen has caused interest in the shares of Japanese exporters, but analysts said good advice on purchases of securities of banks and steelmakers. The favorites and shares of commodity companies have become more expensive due to metal prices and black gold.

Among the leaders of the fall was a South Korean index Kospi, retreated amid fears of bidders for a possible tightening of monetary policy in the country, as well as information emerged that North Korea plans to soon carry out more nuclear tests.

As a result of the auctions the index MSCI Asia Pacific grew by 0.3% and closed on a mark of 118.83 points. Japanese Nikkei 225 index increased by 0,6%, Chinese CSI300 rose to 1.49%, and the Australian SP/ASX200 stronger on 0,97%. The market in India was closed due to elections in the country.

After the Goldman Sachs Group analysts raised their recommendations on the securities of Japanese steel companies, as well as against the expected recovery in demand improved its forecast for the industry in the region as a whole, quotes the second largest in the world steel producer Nippon Steel and rival JFE Holdings left in plus by 4,8%.

By increasing the cost of metals and black gold shares of mining company Rio Tinto Group gained strength in trading in Sydney at 1,5%. Market capitalization of Cnooc, China's largest company specializing in oil exploration in the seas rose by 3,1%. Paper Woodside Petroleum advanced by 0,7%.

Commonwealth Bank of Australia added to its asset 1,9%. Analysts Bank of America - Merrill Lynch recommended buying his paper. As a result, quotes another Australian lender National Australia Bank rose by 1,5%.

Shares in sausage casings Shenguan Holdings soared 40% in its debut trading in Hong Kong. According to the report of the company through IPO has managed to sell 400 million of securities at the price of HK $ 3,10 for each. Thus the total amount of attracted funds amounted to HK $ 1,15 billion ($ 148 million).

Sales of Chinese automaker Geely Automobile Holdings rose in September, twice and reached 32 053 vehicles. As a result, the paper Geely went up by 5,1%.

Due to depreciation of the Japanese yen rally the world's largest car manufacturer Toyota Motor, receiving about 74% of its revenues from activities outside of Japan, were heavier at 2.6%. Quotes automaker Nissan Motor, receiving about 34% of revenues due to business in North America, increased by 1,9%.

Index Country Closing (items) Delta day (items) Change day (%) Change YTD
SP /ASX 200 Australia 4,785.70 45.9 0.97% 28.57%
All Ordinaries Australia 4,789.80 44.3 0.93% 30.89%
Ho Chi Minh Vietnam 589.89 -4.41 -0.74% 86.90%
Hang Seng Hong Kong 21,467.36 168.01 0.79% 49.21%
Hang Seng H-shares Hong Kong 12,507.87 131.94 1.07% 58.49%
BSE 30 (Sensex) India 17,026.67 384.01 2.31 % 76.49%
Jakarta Composite Indonesia 2,471.99 15.3 0.62% 82.38%
Shanghai A-shares China 3,081.38 43.79 1.44% 61.18%
CSI 300 China 3,198.52 46.88 1.49% 75.96%
FTSE Bursa Malaysia KLCI Malaysia 1,233.51 0.18 0.01% 40.69%
NZSE 50 New Zealand 3,169.46 -9.42 -0.30% 16.71%
Karachi 100 Pakistan 9,697.38 54.82 0.57% 65.34%
Straits Times Singapore 2,668.40 -12.07 -0.45% 51.48%
Bangkok SET Thailand 533.52 -3.5 -0.65% 18.57%
TAIEX Taiwan 7,596.60 -3.28 -0.04% 65.46%
PSEi Philippines 2,930.09 -0.88 -0.03% 56.45%
Colombo All-Shares Sri Lanka 3,139.73 8.44 0.27% 108.89%
KOSPI South Korea 1,628.93 -10.88 -0.66% 44.86 %
Nikkei 225 Japan 10,076.56 60.17 0.60% 13.74%
Topix Japan 901.4 3.57 0.40% 4.91%


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