Monday, March 12, 2012

japanese stock futures Nikkei outlook march 13 2012

japanese stock futures Nikkei outlook march 13 2012 ; japanese stock futures rose amid optimism euro-area finance chiefs will complete a second Greek bailout this week, boosting demand for riskier assets. Trading of Asian equities may be limited ahead of policy announcements by the Bank of Japan and the Federal Reserve today.

American depositary receipts of Canon Inc. (7751), a Japanese camera maker that gets 31 percent of its revenue in Europe, rose 0.4 percent from the closing share price in Tokyo. Shares of Kawasaki Kisen Kaisha Ltd. may be active as Japan’s third- largest shipping firm by market value prepares to start joint shipping services with other cargo lines. Australian stocks rose, led by mining company Mineral Deposits Ltd.

Futures on Japan’s Nikkei 225 Stock Average (NKY) expiring in June closed at 9,865 in Chicago yesterday, up from 9,800 in Osaka, Japan. They were bid in the pre-market at 9,850 in Osaka at 8:05 a.m. local time. Australia’s S&P/ASX 200 Index rose 0.6 percent today. New Zealand’s NZX 50 Index advanced 0.2 percent in Wellington.

“It seems like the Greek bond deal is going through; that issue is off the table, at least for the time being,” said Stephen Halmarick, Sydney-based head of investment markets research at Colonial First State Global Asset Management, which oversees about $150 billion. “I wouldn’t expect much out of the BOJ, and obviously people will wait and see what the Fed says.”

For the latest updates on the stock market, visit Stock Market Today
For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post:

No comments:

Post a Comment