Friday, August 22, 2014

Killer good numbers gives rise stock exchange in Asia – HegnarOnline

Killer good numbers gives rise stock exchange in Asia – HegnarOnline

Most exchanges rises in Asia on Friday morning.

The exception is Tokyo, where the Nikkei falls 0.2 percent and the broader Topix index of 0.4 percent.

Hang Seng Hong Kong climbs around 0.3 percent, about the same as the leading China-Shanghai Composite index and CSI 300.

The Taiwan Stock Exchange is one of the fittest, and jumps up 1.3 percent.

Kospi index in South Korea, Sydney Stock Exchange and the Straits Times in Singapore is up 0.2-0.3 percent.

Follow developments here.

cracking good USA-century
Wall Street got Thursday helped by strong American macroeconomic figures, as is the case in Asia.

The number of first time applicants for unemployment insurance (jobless claims ) fell back below 300,000 last week. Sales of existing homes showed in July, its fastest growth rate of almost one year.

Leading indicators climbed 0.9 percent last month.

Finally surprised the Philly Fed Index, which is a temperature gauge of activity in the business, very positive in August.

– numbers were solid. Housing figures crushed estimates, while the Philly Fed index was stronger than expected. All this gave the market a new reason to rise further, says the Melbourne-based market strategist at IG Evan Lucas Ltd. Bloomberg.

shares excelled
Iluka Resources climbed 3.4 percent in Sydney after having announced to the market on a surprise profit in the previous quarter.

The Australian oil and gas producer Santos gained 3.8 percent, also after getting the swing of earnings.

Li & amp; Fung fell 4.4 percent in Hong Kong after the statement from the world’s biggest supplier of clothes and toys to the retail sector that the market outlook will be tough in both the United States and Europe.

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