HONG KONG: Asian markets fell yesterday as a confidence survey in Japan heightened worries over the nation's recovery prospects, while more weak US jobs data also darkened the mood.
Regional trading was quiet yesterday with Chinese and Hong Kong markets closed for the National Day holiday. Dealers were also downbeat on Wall Street's 0.31 per cent fall.
TOKYO: Down 1.53 per cent. The Nikkei-225 dropped 154.59 points to 9,978.64. The index is at its lowest since July 24.
Bank shares lost ground as worries about the health of the sector resurfaced. Exporters continued to be pressured by the yen.
SYDNEY: Down 0.90 per cent. The S&P/ASX200 fell 42.5 points to 4,701.1.
"With light volume in Asian trade, it was bit like the market was lost in the wilderness," CMC Markets analyst David Taylor said.
SEOUL: Down 1.70 per cent. The Kospi ended down 28.51 points at 1,644.63.
"Foreigners sold heavily amid growing uncertainties before the release of the US non-farm payroll data and ahead of the (Chuseok) holidays," Lee Kyung-Soo at Shinyoung Securities told Dow Jones Newswires.
TAIPEI: Up 0.48 per cent. The weighted index rose 36.12 points to 7,545.29.
"The appreciation of the Taiwan dollar was the major factor to push up the market" led by assets plays and financials, said Young Wang of Yuanta Securities Investment Consulting.
BANGKOK: Up 1.37 per cent. The composite index rose 9.84 points to close at 726.91, and the blue-chip SET-50 index gained 8.01 points to 519.83.
"The market gained because of the ongoing inflow of foreign funds and a rally in the banking sector," said Therdsak Thaweetheeratham, an analyst at Asia Plus Securities.
JAKARTA: Up 0.4 per cent. The composite index rose 10.38 points to 2,477.97.
MANILA: Up 1.0 per cent. The composite index added 28.20 points to close at 2,829.02. The all-share index rose 0.65 per cent, or 11.64 points, to close at 1,798.73.
"Investors are starting to accumulate stocks, but very selectively. They're still awaiting signs of the impact on the economy of the floods," Chelsea Dipasupil of RCBC Securities said.
MUMBAI: Flat. The 30-share Sensex edged up 7.71 points, or 0.05 percent, to 17,134.55, a 16-month high.
The markets were choppy as investors took profits. Automobile stocks fell while telecoms rose. - AFP
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
music
Create a playlist at MixPod.com
