2012年10月22日星期一

Asian markets rose the other market decline


Financial - Beijing time on October 22 afternoon message China and Japan on Monday at the bottom of the stock market rebound agent, and finally closing, but most other Asian stock market weakness.

Hong Kong's hang seng index is up 0.7%, the Shanghai composite index (2132.758, 4.46, 0.21%) rose 0.2%, Japan's nikkei index rose 0.1%.

Australia s&p/ASX 200 index dropped 0.7%, Taiwan weighted index fell 0.5%, Korea composite stock index fell 0.1%.

Because the us stock market heavy falls on Friday morning and published by the Japan trade data disappointing, Asian stock market decline in early trading, once.

AMP Capital investment department director Shane Oliver said Monday, because since since June global stock markets has accumulated a considerable increase, the market in the past few weeks is generally consolidation attitude.

He said, "because of the global economic outlook has a lot of uncertainty, the future market is probably have further to fall.

Oliver believe that in the near future because of global central bank launched aggressive monetary policy, the stock market will eventually restore generally rise.

Hong Kong financial had increased. The Hong Kong exchange rose 3.5%. Due to the hot money inflow, the Hong Kong government was forced to market intervention, in order to avoid Hong Kong dollar revaluation.

The first Shanghai securities analyst Linus Yip said, compared with other Asian markets, the Hong Kong stock market is very strong, this is because of China released on Thursday in the third quarter GDP data conform to the expected, September's data shows China's economy may have hit bottom, in the expected, a large number of hot money into China understandable.

Hong Kong monetary authority last week 53 years the market for the first time to intervene, trying to get the Australian dollars devaluation in order to maintain its against the U.S. dollar link exchange rate system. Yip points out, the move is very obvious that hot money is into Hong Kong.

Hong Kong property counters were to rise, sun hung kai properties is up 1%, the constant radical zhaoye real estate rose 2.1%.

In Tokyo, the Japanese stock market open sharply lower. According to the ministry data released on Monday, Japan in September fell 10.3% year-on-year exports, imports rose 4.1%, resulting in the trade deficit is greater than expected.

Japan exports to China in September fell more than 14%, to Western Europe exports fell by 26%, exports to the United States grew by 0.9%.

The yen fell influence, the Japanese export plate rise, pioneer rose 2.1%, mitsubishi motors rose 2.9%, Mazda rose 1%.

Sharpe rise by 7.4%, according to the report, the company plans to increase the yield of LCD screen.

SONY dropped 0.4%. The company said last Friday, plan 2000 jobs in Japan, in order to reduce the cost. Mitsubishi fell 1.8%, the company last Friday cut the current fiscal revenue and profit targets. (MingYu)