Sunday, February 17, 2013

Chinese New Year Holiday, Asian Mix

Libur Tahun Baru China, Bursa Asia Mix

Monexnews-Australia stock exchange moves to consolidate the post gain occurring today. Strengthening exchanges occurred ahead of key data this week include reports on domestic earnings, a meeting of European Finance Ministers and the statement of President Barack Obama. In the Chinese New Year holidays, the market moves is relatively minimal.

Markets in China, Hong Kong, Japan, Malaysia, Singapore, South Korea, Taiwan and Viet Nam for the new year holiday. S&P Australia/ASX 200 down 0.1%. The market's focus fixed on the retail sector reports, with JB Hi-Fi soared 17.2% due to release earnings that exceeded expectations, dividend distribution and a positive outlook, while Harvey Norman up 7.0%, helped shares gain JB Hi-Fi.

"With the market closed for the Chinese New Year holidays this week and relatively uncrowded economic calendar, reports earnings will be the main focus of the market. While analysts are relatively conservative attitude over expectations of sales growth. The action happens to sell stock last week indicate Australia Cochlear number shares of estimation, misses point "explains Ric Spooner, Chief market analyst with CMC Markets. Natural resources shares move mix, with BHP Billiton and Rio Tinto were each down 0.4% and 0.5%, while Fortescue Metals Group rose 1.1% and OZ Minerals 1.2% gain.

"The anticipation of the rising market correction. While the trade balance data from China last week were strong enough to withstand the market sentiment, "explained a senior trader CMC Markets, Tim Waterer. New Zealand stocks mostly moved down with the NZX-50 fell 0.1% in the lack of market trading. Shares in the Group down 0.6% Chorus. India Sensex index moving flats, PSE Composite rises 0.4% Filipino, the JSX rose 0.4% Indonesia and Thailand SET index gain of 0.2%.

While the u.s. dollar weakened against the yen Japan slowly amid the lack of trading volume. Dollars in Y from Y 90.76 111.73 Friday night in New York. Investors are waiting for the results of a meeting of Finance Ministers of the G-20 members to Moscow this week that will set out the depreciation of the currency.

(din)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Title Post: Chinese New Year Holiday, Asian Mix
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Author: Mohammad Zulfi Satriawan

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