2012年10月24日星期三

Day export straight drop 10% Asian markets fell sharply


Sina finance and economics (Beijing time on October 22nd Asian stock markets on Monday morning news dropped, and exports and commodity plate brought down. The us stock market heavy falls on Friday, just released of the Japanese trade data disappointing.
Japan's nikkei index lost 1.2%, Korea composite stock index fell 1.2%, Australia s&p/ASX 200 index fell 0.9%.
Because of a few large listed companies earnings and housing market data disappointing, the American stock market decline significantly last Friday.
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%.
Japan exports plate were selling, the cutting edge was down 4.1%, Mazda dropped 2.9%, subaru producers Fuji heavy industries fell 2%.
Technology stocks by the United States last week was generally poor effect, Ed all test in Tokyo fell 2.6%, Canon (micro Po) dropped 2.9%.
SONY dropped 2%. The company said last Friday, plan 2000 jobs in Japan, in order to reduce the cost. Mitsubishi fell 5.1%, the company last Friday cut the current fiscal revenue and profit targets.
Japan JFE steel manufacturers holding down 2.5%, according to "Japanese economic news" report, the Asian steel price decline and inventory assets devaluation influence, this company to the opening half of the pre-tax profit decreased by 90%.
Commodities related shares to Australian stock market pressure. Rio tinto fell 2.2%, Fortescue metals group dropped 2.4%.
The dollar rose on Friday, make commodity futures prices diving. Main oil (90.16, 0.11, 0.12%) futures dropped 2%, gold (1725.70, 1.70, 0.10%) per ounce of futures fell more than 20 dollars, copper futures down nearly 11 cents per pound.
Export sector also hit the south Korean stock market. Samsung (micro Po) electronic dropped 1.5%, the modern car dropped 1.1%. (MingYu)