Asian stock markets rise after Fed’s stimulus plan

Asian stock markets climbed Friday as investors took heart from the Federal Reserve’s plan to buy $600 billion in government bonds in an effort to inject life into the faltering US economy.

Japan’s benchmark Nikkei 225 stock index jumped 204.94 points, or 2.2 percent, to 9,364.92 despite pressure on exporters as the dollar fell below the 81 yen level.

South Korea’s Kospi added 0.3 percent to 1,942.08 and Australia’s S&P/ASX 200 was up 0.4 percent at 4,815.00. Hong Kong’s Hang Seng index climbed 0.9 percent to 24,363.54. China’s Shanghai Composite Index rose 0.6 percent to 3,047.78.

Elsewhere, markets in Malaysia, Singapore and Taiwan advanced while New Zealand’s index fell.

Asian stocks remain mixed

Asian stock markets are exhibiting a mixed trend on Tuesday with investors treading cautiously ahead of the announcement of key quarterly results. The dollar was largely unchanged at 80.71 yen, close to a 15-year low of around 80.40 yen and not far from a record low of 79.75 yen last plumbed in April 1995.
The Japanese stock market is trading weak with a stronger yen and caution ahead of earnings reports contributing to the decline to an extent. The benchmark Nikkei 225 index, which declined to around 9,360 after edging up marginally in early trades, was down 17.76 points or 0.19% at 9,383.40 at the end of the morning session. Among other markets in the Asia-Pacific region, Hong Kong, New Zealand and Singapore are trading weak, while Shanghai, Indonesia, Malaysia and Taiwan are up marginally. Markets across the region ended mostly higher on Monday.

Mixed trend at Asian stocks

Mixed trend was witnessed at the Asian stock markets on Friday. Bearish trend was seen at the Japanese and Hong Kong stock markets whereas Chinese stock markets recorded bulls.
Morgan Stanley Asia Pacific index shed 5 percent in Tokyo, while Japanese Nikkei index lost 1 percent and Topix index reduced by1.2 percent. Hang Seng of Hong Kong experienced a decrease of 4 percent. Foreign Direct Investment (FDI) in China soared by 6 percent to increase the Shanghai Composite Index by 4 percent.

Asian stocks up on solid US corporate results

Bullish trend prevailed at the Asian stock markets on Thursday.
Share prices jumped up after the news of increased industrial profits.
Morgan Stanley Asia Pacific Index rose by 1.4 percent while Japanese Nikkei Index rose by 1.9 percent. Shanghai Composite Index increased by 1 percent while Hong Kongs Hang Seng rose by 1.5 percent.US dollar has hit a 15 year record low in exchange of Japanese yen

Asian markets end mixed

Asian stock markets mostly posted modest gains Tuesday with Japan’s benchmark jumping 1.5 percent during an otherwise lackluster session in Asia.
Tokyo’s Nikkei 225 stock average rose out of negative territory after the Bank of Japan cut its key interest rate to a range of zero to 0.1 percent. The index closed up 137.70 points, or 1.5 percent, at 9,518.76.
Hong Kong’s Hang Seng index added 0.1 percent to 22,639.14 and South Korea’s Kospi was fractionally lower at 1,878.94. Australia’s S&P/ASX 200 shed 0.4 percent to 4,606.90, reducing losses after the country’s central bank left its main interest rate unchanged.
In currencies, the dollar fell to 83.32 yen from 83.59 yen late Monday in New York. The euro rose to $1.3777 from $1.3665.

Asian stocks witness mixed trend

Asian stock markets turned in a mixed performance Thursday.
China and Korean markets remained up while bears ruled Hong Kong and Japan. Morgan Stanley Asia Pacific Index shed 0.9 percent; Nikkei Index lost 1.75 points. Topix Index shed 2.5 percent. On the contrary, Shanghai Composite Index added 1.42 percent.

Asian stocks witnesses mixed trend

Asian stock markets turned in a mixed performance Thursday.
China and Korean markets remained up while bears ruled Hong Kong and Japan. Morgan Stanley Asia Pacific Index shed 0.9 percent; Nikkei Index lost 1.75 points. Topix Index shed 2.5 percent. On the contrary, Shanghai Composite Index added 1.42 percent.

Bank of Japan dumps Yen

Bank of Japan dumps Yen in first intervention in six years. Japan’s central bank sold its own currency to stem its rapid rise against the U.S. dollar. It is the first such market intervention in six years pushed the dollar up sharply.
Rising value of yen was hurting the profit of Japanese companies; a strong yen hurts Japanese exports at a time when its economic recovery is stalling. Japan has in the past guarded its competitiveness by intervening in the currency market. Asian stock markets jumped after the news of intervention.
The Nikkei average jumped almost three percent on the news, with shares of large exporters Sony, Kyocera and Toyota rising.
The Bank of Japan did not reveal how many dollars the bank bought, but said it will continue to pump ample liquidity into the financial market.

Oil sneaks above $81 as stock markets steady

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Oil sneaks above $81 as stock markets steady

Asian stocks mixed following poor US jobs report

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Asian stocks mixed following poor US jobs report

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