Wednesday, February 20, 2013

The Nikkei's Gain Is Eclipsed Negative Data

Gain Nikkei Terhalang Data Negatif

Monexnews-Japan's GDP Data misses market estimates of restricting the movement of Japan stock exchange this morning (2/14). Nikkei rises 0.2% to 11.255 Hiroichi Nishi, obviously, General Manager of Nikko SMBC. Market participants mempediksi the movement of the index is limited in the range of 11,300.

Expectations of policy steps taken under the Government of Japan Shinzo Abe is still there. "The exchange rate of the yen is still strong and observed Central Japan exporters struggling to recover related global economic recovery uncertain," he said.

13/33 Topix subindeks moves up, including:
-Canon + 0.5% to,275 Y3
-Suzuki Motor-1.1% to Y2,284
-Asahi Group Holdings + 7.7% to Y2,162

and JGC-2.9 per cent to Y2,382 after the company said net profit expectations become Y44 billion for the fiscal year that ended in March, below the market consensus of Y47 billion.

(din)



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Title Post: The Nikkei's Gain Is Eclipsed Negative Data
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Author: Mohammad Zulfi Satriawan

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