Published: 2009/12/30
ASIAN stocks are set to rise on Wednesday as further signs of an economic recovery in the U.S. boosted investor confidence.
But any gains may be capped by the failure of U.S. stocks to extend a six-day rally after weak data on house prices took some of the shine off improved consumer confidence figures.
British and European markets posted solid gains of at least 0.7 per cent, with miners and energy stocks profiting from higher base metals and crude oil prices.
Japan’s Nikkei average is set to open stronger as the Nikkei futures traded in Chicago closed 85 points higher than the Osaka close. Exporters may be helped by the yen’s fall to a two-month low.
Australian shares are set for a positive start, with stock index futures at 4,865, a 18.9 point premium to the underlying index’s close on Tuesday. - Reuters
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;
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