Most Asian indices grows on Tuesday in the hope of accelerating the growth of China economy: despite the weaker-than-expected statdannye, investors are confident that the government incentives in China have the necessary positive impact, reports Bloomberg.
Papers insurers expensive on the positive news on the profit Aioi Insurance Co. and Mitsui Sumitomo Insurance Group Holdings Inc. Shares mining companies desheveyut after falling metal prices.
Composite Stock Index MSCI Asia Pacific Asia-Pacific region rose from the opening bid at 0.5%.
Japanese Nikkei added 0.2%, despite an earthquake in Tokyo by force 6,5 points. The Hong Kong Hang Seng index rose by 0.4%. Australia SP /ASX 200 rose 0.1%, the Taiwanese Taiex - at 0.4%.
China increased its industrial production in July at 10.8% compared to the same period last year, which almost corresponds to the June rate of growth of this indicator (10.7%), but it turned worse than market expectations (11.5%).
Retail trade increased in July to 15.2% (in June was 15%). Consumer prices fell by 1.8%.
exports declined in July at 23%, but the decline in demand in foreign markets was offset by an increase in public investment. Investment in fixed capital on the basis of 7 months grew by 32.9% in urban areas against 33.6% in the first half.
Investors expect that the economic growth of China will help other countries to quickly overcome the recession, although figures published on Tuesday forced to doubt that this will happen as quickly as they would like to believe the investment manager of DBS Vickers Peter Lai.
Bank of Japan, as expected, on Tuesday has kept unchanged the key interest rate on loans overnight, fixed at 0.1% per annum, and left his previous caution optimistic assessment of economic conditions. However, Japanese Central Bank said the accelerated pace of deflation and rising unemployment, which can slow recovery.
The value of the shares
Aioi Insurance has increased by 3,1%, Mitsui Sumitomo Insurance added 2% of market capitalization.
Stock Quotes
second largest producer of palm oil in the world of Golden Agri-Resources Ltd. jumped by 11%.
Price
securities Nippon Sheet Glass has increased by 8.6% as brokers recommended investors buy shares of the company.
course shares the third-largest mining group Rio Tinto the world fell by 2.3% due to lower prices for metals.
Cabinet of Ministers considers IMF projected 2010 budget deficit of 4% of GDP justified
Bank of Japan left interest rates unchanged, preserved the assessment of the economy
In the Kyrgyz Republic entered into force a law on legalization of property
The government has retreated from the market
Kommersant: It is important to protect the social budget
Forex - Asia
The Russian market moved in positive territory, led growth - Metallurg
Futures oil brand Brent cheaper at 0.12%, reaching a mark of $ 73.5 per barrel
After a short breathing space at yesterday's auction market for the shares of Russia, apparently, is ready on Tuesday to continue the upward momentum
Most Asian indices grows on Tuesday in the hope of accelerating the growth of Chinese economy
Most Asian indices grows on Tuesday in the hope of accelerating the growth of China economy: despite the weaker-than-expected statdannye, investors are confident that the government incentives in China have the necessary positive impact, reports Bloomberg.
Papers insurers expensive on the positive news on the profit Aioi Insurance Co. and Mitsui Sumitomo Insurance Group Holdings Inc. Shares mining companies desheveyut after falling metal prices.
Composite Stock Index MSCI Asia Pacific Asia-Pacific region rose from the opening bid at 0.5%.
Japanese Nikkei added 0.2%, despite an earthquake in Tokyo by force 6,5 points. The Hong Kong Hang Seng index rose by 0.4%. Australia SP /ASX 200 rose 0.1%, the Taiwanese Taiex - at 0.4%.
China increased its industrial production in July at 10.8% compared to the same period last year, which almost corresponds to the June rate of growth of this indicator (10.7%), but it turned worse than market expectations (11.5%).
Retail trade increased in July to 15.2% (in June was 15%). Consumer prices fell by 1.8%.
exports declined in July at 23%, but the decline in demand in foreign markets was offset by an increase in public investment. Investment in fixed capital on the basis of 7 months grew by 32.9% in urban areas against 33.6% in the first half.
Investors expect that the economic growth of China will help other countries to quickly overcome the recession, although figures published on Tuesday forced to doubt that this will happen as quickly as they would like to believe the investment manager of DBS Vickers Peter Lai.
Bank of Japan, as expected, on Tuesday has kept unchanged the key interest rate on loans overnight, fixed at 0.1% per annum, and left his previous caution optimistic assessment of economic conditions. However, Japanese Central Bank said the accelerated pace of deflation and rising unemployment, which can slow recovery.
The value of the shares
Aioi Insurance has increased by 3,1%, Mitsui Sumitomo Insurance added 2% of market capitalization.
Stock Quotes
second largest producer of palm oil in the world of Golden Agri-Resources Ltd. jumped by 11%.
Price
securities Nippon Sheet Glass has increased by 8.6% as brokers recommended investors buy shares of the company.
course shares the third-largest mining group Rio Tinto the world fell by 2.3% due to lower prices for metals.
Cabinet of Ministers considers IMF projected 2010 budget deficit of 4% of GDP justified
Bank of Japan left interest rates unchanged, preserved the assessment of the economy
In the Kyrgyz Republic entered into force a law on legalization of property
The government has retreated from the market
Kommersant: It is important to protect the social budget
Forex - Asia
The Russian market moved in positive territory, led growth - Metallurg
Futures oil brand Brent cheaper at 0.12%, reaching a mark of $ 73.5 per barrel
After a short breathing space at yesterday's auction market for the shares of Russia, apparently, is ready on Tuesday to continue the upward momentum