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Asian Markets Have Grown Thanks To The Good Statistics From Japan

Published 11/11/2014, 06:16 AM
Updated 07/09/2023, 06:31 AM

On Wednesday the trading on Asian stock indices ended in the black on the background of good statistics from Japan, - writes Bloomberg.

Index MSCI Asia Pacific of the composite stock index on the Asia-Pacific region grew by 1.3% to the level of 140.52 p., the Japanese Nikkei 225 index rose by 1.5%, while the Hong Kong indicator Hang Seng – by 1.3%, and the S&P/ASX All Australian 200 fell by 0.1%.

Strong statistics on the growth of industrial production in Japan and the data on the level of consumer confidence in the United States contributed to the market growth. The consumer confidence index in the United States, which was calculated by the Experts of Conference Board, increased to 94.5 p according to this October results, which was the highest level since October 2007.

Industrial production in Japan became higher by 2.7% by the end of September 2014 if compared to August of this year that was the biggest jump since January. According to Sean Darby, the senior strategist on global market of Jefferies Group LLC in Hong Kong, some data on the US and Japanese economies were better than expected, and the FRS then was doing everything as it should. At the moment, the situation is quite favorable.

The brokerage corporation shares - Nomura Holdings Inc. from Japan rose by 4.4%, while the volume of quarterly earnings exceeded the forecast. Also the shares of OMRON Corp (OTC:OMRNY). rose by 7,6%, Hitachi Construction Machinery Co (TOKYO:6305). - by 3,9%, Ping An Insurance (HK:2318) - by 2.9% and China Life Insurance (NYSE:LFC)- by 2.6%.

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Today also the Hong Kong and Chinese markets will be supported by the statement of the Central Bank of Hong Kong on the completion of preparations for the introduction of the program on the interaction of stock markets in China and Hong Kong.

The experts of Masterforex-V World Academy /www.masterforex-v.com/ will keep you aware of economic news. The useful information as well as statistics from the stock market always can be found here, on our weeb-site.

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