Toyota Motor Corp. (7203), Asia’s biggest carmaker by market value, gained 2.6 percent in Tokyo. Canon Inc. (7751), a Japanese camera maker that gets almost a third of its sales from Europe, increased 2.4 percent. BHP Billiton Ltd. (BHP), the world’s largest mining company and Australia’s No. 1 oil producer, advanced 1.4 percent after commodity prices gained. China Overseas Land & Investment Ltd. may be active today in Hong Kong after the developer’s sales surged in the first quarter.
The MSCI Asia Pacific Index (MXAP) gained 0.9 percent to 124.75 as of 9:24 a.m. in Tokyo before the opening of markets in Hong Kong and China. More than 17 stocks rose for each that fell, with the gauge headed for its biggest gain since March 27. Japan’s Nikkei 225 Stock Average increased 1.5 percent, with trading volume 32 percent below the 30-day average. Australia’s S&P/ASX 200 Index gained 1.2 percent.
“The environment for equities is pretty good,” said Donald Williams, chief investment officer at Platypus Asset Management Ltd. in Sydney, which manages about $1 billion. “Even though 2012 is going to be a tough year because most of Europe will be in recession for a large part of this calendar year, you are still looking at a global growth rate of 3.5 percent, which is a pretty decent growth rate.”
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
Asian Stocks Market
- China, Asian stock markets outlook 2013
- Asian stock market opened january 17 2013
- asian stock market january 9 2013
- Asian stock markets are expected january 7-11 2013
- Asian stock markets Japan Nikkei rose dec 26 2012
- Why Asian stocks market down 14 2012
- why Asian stock markets down november 13 2012
- Asian stock markets october 29 2012
- Asian stock markets october 11 2012
- Asian stock markets october 3 2012
- Asian stock market october 1 2012
- Asian stock market rose september 28 2012
- asian stock market drops 9/27/2012
- How will Asian stock market september 27 2012
- Asian stock markets Nikkei down 26/9/2012
- Asian stock markets for september 26 2012
- Asian stock markets 25/9/2012
- Asian stock markets september 24 2012
- Asian stock market september 21 2012
- Asian stock markets september 20 2012
- Asian stock markets september 12 2012
- Asian stock market down september 11 2012
- Asian stock markets september 10 2012
- Asian stock markets september 2012
- Asian stock market down september 6 2012
No comments:
Post a Comment