Asia: IT sector is enthusiastic success of Intel

Written by admin on January 18th, 2010

 

Friday, 15 January, stock markets in Asia have shown mixed dynamics with a predominance of positive component, with a regional indicator MSCI Asia Pacific rose to 5-month high. Although not very impressive macroeconomic data for the United States, released yesterday, the mood in the market was favorable to the background of the positive closing of the American session. This, of course, facilitated a successful quarterly reporting and it is worthy of forecasts from Intel. News from the Australian Commonwealth Bank supported the bullish enthusiasm in the market.

As a result of trading the Japanese Nikkei 225 rose to 0.68%, Chinese CSI 300 has grown on 0,39%, Hong Kong"s Hang Seng declined by 0.29%, while South Korea"s Kospi rose 0.95%. The regional MSCI Asia Pacific added about 0,5%.

At the auctions in South Korea, growth has become possible thanks to a jump shares of Daewoo Shipbuilding Marine Engineering at 15% against the background of news about Posco plans to buy a shipbuilding company.

The second-largest producer in the world of computer memory chips, Hynix Semiconductor added 1.5% and at auctions in Seoul. This influenced the positive statements the world"s largest computer chip manufacturer Intel, as well as a recommendation to purchase shares of Hynix from analysts Goldman Sachs. The largest Japanese chip maker Elpida Memory stronger on 1,5%. One of the world"s largest computer manufacturers Acer at the auction in Taipei has moved by 1%.

At the auctions in Australia"s biggest lender Commonwealth Bank advanced 2.3% on a last-minute trades after the announcement that the semi-annual profit increased by 44% due to the reduction of the bad debts and improve the situation in the capital markets. Other Australian banks are National Australia Bank and Westpac Banking added 0.9% and 0.5% respectively.

At the auctions in Japan, one of the leading steel producer JFE Holdings lost 3.4% against the backdrop of rumors that the iron ore will go up. The food is rumored to give comment mining company Rio Tinto on the growth of sales of ore to record levels. At the auctions in Australia, shares the country"s largest steel worker BlueScope Steel fell 1.9%.

Oil and gas dipped against the backdrop of the retreat in oil prices. Shares of Chinese Cnooc left in a minus on 1,1%, as well as paper and PetroChina. Australian oil and gas company Santos has lost 1,4%, after the abolition of Bank of America analysts recommendation to "buy".

Index Country Closing (items) Delta day (items) Change day (%) value at beginning of year (the last closing in 2009) Change YTD
SP /ASX 200 Australia 4,899.59 1.55 0.03% 4870.64 0.59%
All Ordinaries Australia 4,929.52 0.15 0% 4882.71 0.96%
Ho Chi Minh Vietnam 505.42 -6.91 -1.35% 494.77 2.15%
Hang Seng Hong Kong 21,654.16 -62.79 -0.29% 21872.5 -1.00%
Hang Seng H-shares Hong Kong 12,356.88 -6.49 -0.05% 12794.13 -3.42%
BSE 30 (Sensex) India 17,554.30 -30.57 -0.17% 17464.81 0.51%
Jakarta Composite Indonesia 2,647.09 1.91 0.07% 2534.36 4.45%
Shanghai A-shares China 3,381.14 8.98 0.27% 3437.46 -1.64%
CSI 300 China 3,482.74 13.69 0.39% 3575.68 -2.60%
KLSE Composite Malaysia 1,298.58 3.87 0.3% 1272.78 2.03%
NZSE 50 New Zealand 3,257.95 -20.38 -0.622 % 3230.15 0.86%
Karachi 100 Pakistan 9,915.13 112.68 1.15% 9386.92 5.63%
Straits Times Singapore 2,908.42 -1.10 -0.04% 2897.62 0.37%
Bangkok SET Thailand 746.52 -2.90 -0.39% 520.69 43.37%
TAIEX Taiwan 8,356.89 66.91 0.81% 8188.11 2.06%
PSEi Philippines 2,553.96 -3.44 -0.11% 3052.68 -16.34%
Colombo All-Shares Sri Lanka 3,563.14 26.43 0.75% 3385.55 5.25%
KOSPI South Korea 1,701.80 16.03 0.95% 1682.77 1.13%
Nikkei 225 Japan 10,982.10 74.42 0.68% 10546.44 4.13%
Topix Japan 966.4 7.39 0.77% 907.59 6.48%


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