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Asian Stocks Close In The Green

Published 05/06/2014, 08:06 AM
Updated 07/09/2023, 06:31 AM

Last week the number of applications for unemployment benefits in the U.S.A. rose less than it had been expected by analysts; and the manufacturing activity rose in the Mid-Atlantic region in April. The trading volume was minimal for the last 1.5 years, as many other markets were closed on the occasion of Easter.

South Korean index (KOSPI) rose by 0.61 percent, adding 0.3 percent this week. The market has completed five consecutive weeks with growth, which was the highest level since the last September.

Shanghai stock index Shanghai Composite lost 0.05 percent under the influence of the real estate sector and dropped 1.4 percent this week. The growth in housing prices in 70 major cities in China in March slowed to eight-month low of 7.7 per cent from 8.7 per cent in February, according to Reuters calculations based on official data. This is reported by experts of the Forex market.

The tensions easing around Ukraine has allowed the stock indexes of the Asia-Pacific region to close in positive territory.

"As a result of today's trading, the major stock indexes of the Asia-Pacific region closed in positive territory on signals of tensions easing around Ukraine", - said the analysts ofForex Broker CompanyTeleTrade. The financial markets in Hong Kong, Singapore, Australia and New Zealand closed on April, 18th2014 in connection with the holiday. The participants of the Geneva meeting regarding the situation in Ukraine have agreed on initial concrete steps to de-escalate the tensions and to restore security for all citizens, as outlined in the Statement of the quadripartite conference of Russia, the EU, the USA and Ukraine, which was held before.

Nikkei 22514,516.27 +98.74 +0.68%

S & P/ASX 200 Closed

Shanghai Composite 2,092.16 -6.73 -0.32%

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Shares in the world’s largest automaker, Toyota Motor (NYSE:TM) rose by 0.8% against the depreciation of the Yen, - according to the experts of Masterforex-V World Academy.

The market value of Casio (TOK:6952) Computer Co. rose by 4.6% after the Company had announced its intention to carry out an operating profit.

According to theanalysts of the Forex Broker Company TeleTrade, at auction in Taipei the shares of the world's largest chipmaker Taiwan Semiconductor Manufacturing (NYSE:TSM) rose by 2.1% after the company had announced the record sales exceeding the analysts' forecasts.
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