Tokyo: Asian shares on Thursday recovered a bit of the ground lost in the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent on short covering, after sliding more than 3 percent - its biggest one-day drop in six months...
10:51 AM, May 17, 2012
Tokyo: Asian shares steadied on Thursday from the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent, after sliding more than 3 percent for its biggest one-day drop in six months on Wednesday. The index hit a new 4-month low...
08:07 AM, May 17, 2012
Mumbai: The market posted biggest ever monthly gains since September 2010, rising 11.5 per cent led by highest monthly inflow of foreign money since November 2010. The Nifty closed tad below the 5200 mark while the Sensex rallied over 17000 level quite smartly. Sharp appreciation in rupee, value buying by institutional investors in most beaten down sectors in last year, RBI's hint to cut rates soon after 50 basis points...
09:16 AM, Jan 31, 2012
Mumbai: The market consolidated throughout the session on Wednesday, though it managed to hold 4850 level on the Nifty quite well. Wednesday's trend was completely in line with global cues. Reliance Industries, banks, metals and realty stocks helped the market to retain Tuesday's gain. However, technology stocks took beating ahead of Infosys' third quarter numbers. The broader indices outpaced the benchmarks led by retail, aviation, realty and education stocks. The...
09:29 AM, Jan 11, 2012
Mumbai: The risks from Europe's debt crisis and a global slowdown have left investors in Asia reeling in 2011, but analysts tell CNBC, Asian equities will outperform and push global markets higher in 2012 because of further policy easing and better valuations. Asian stocks measured by the MSCI Asia ex-Japan index have fallen around 15 per cent in 2011, compared to the SandP 500, which is roughly unchanged for the...
11:06 AM, Jan 02, 2012
Mumbai: Short covering in the late trade pushed the Sensex 1 per cent higher on Thursday. It was supported by capital goods, oil & gas, private banks, auto and technology sectors. The Nifty clawed back to above the 4750 quite nicely on expiry day after trading in a range of 4650-4690. The index was up 50 points, to close at 4,756.45. Meanwhile, the 30-share BSE Sensex gained 158.52 points at...
09:04 AM, Nov 24, 2011
Bangkok: Setbacks in Europe's efforts to isolate a debt crisis before it blows up into an all-out recession sent Asian stock markets tumbling on Thursday. Japan's Nikkei 225 index fell 2.1 per cent to 8,569.79 while Hong Kong's Hang Seng index plummeted 4.1 per cent to 19,189.30. South Korea's Kospi dropped 2.6 per cent to 1,858.58 and Australia's S&P ASX 200 lost 2.7 per cent to 4,230.80. The losses in...
08:03 AM, Nov 10, 2011
Tokyo: Asian shares rose and the euro steadied on Wednesday after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms to contain the euro zone's sovereign debt crisis from spreading. MSCI's broadest index of Asia Pacific shares outside Japan rose 0.8 per cent, while Japan's Nikkei stock average opened up 0.8 per cent. The euro held firm early in Asia as...
08:04 AM, Nov 09, 2011
Tokyo: Asian shares struggled on Monday, with investors still nervous despite the formation of a new Greek unity government intent on avoiding imminent debt default. MSCI's broadest index of Asia Pacific shares outside Japan was down 0.1 per cent, while Japan's Nikkei stock average .N225 fell 0.5 per cent. US stock index futures opened higher after Greek Prime Minister George Papandreou and opposition leader Antonis Samaras agreed on a new...
07:56 AM, Nov 07, 2011
Mumbai: The 50-share NSE Nifty rose 0.5 per cent after a recovery in Asian markets on Wednesday. Oil & gas, FMCG, Anil Dhirubhai Ambani Group stock, select technology and financial stocks led the support. The BSE Sensex gained 86 points at 17,567 and the NSE Nifty jumped 26 points to 5,283.65. Despite market's poor performance in the past two days, Portfolio Manager on Wednesday, G-20 meet at Cannes on November...
09:32 AM, Nov 02, 2011
Tokyo: Japan's Nikkei share average fell on Tuesday after the failure of US trading firm MF Global Holdings and fresh worries about Europe raised concerns on the global economic outlook, prompting profit-taking. Panasonic skidded 3.8 per cent after it said on Monday that it expects to post an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as it cut unprofitable businesses deeper and faster...
08:24 AM, Nov 01, 2011
Bangkok: Asian stock markets headed upward on Tuesday, with investors emboldened by reports that Germany and France were moving closer toward resolving Europe's debt crisis. Japan's Nikkei 225 index rose 0.6 per cent to 8,789.83 and Hong Kong's Hang Seng index was 0.8 per cent higher at 18,215.17. South Korea's Kospi was 0.1 per cent lower at 1,837.11. Benchmarks in Singapore, Australia and the Philippines were higher. Those in mainland...
08:20 AM, Oct 19, 2011
Tokyo: Japan's Nikkei share average fell more than 1 per cent on Tuesday from a six-week high hit the previous day on concerns that Europe's solution to its debt crisis may not be as fast and comprehensive as some had hoped for. Shares in Olympus , tumbled for a third day and have lost 41 per cent since its shock dismissal of its CEO, with the camera and endoscope maker...
08:27 AM, Oct 18, 2011
Tokyo: The Nikkei stock average rose to a six-week high on Monday, tracking US gains on earnings hopes and on expectations that Europe will come up with a plan to contain its debt crisis. Shares of Olympus plunged 22 per cent, extending deep losses on Friday after the company's British former chief executive said in a Financial Times interview he was fired for probing payments relating to acquisitions made by...
08:15 AM, Oct 17, 2011
Tokyo: Japan's Nikkei stock average rose to a four-week high on Thursday on hopes that Europe will come up with actual measures to support Greece and shore up European banks. Shares of major exporters such as Sony Corp, which were sold off during the market downturn until earlier this month on worries about the global economy, rose sharply as players bought them back on tentative signs of progress in the...
08:48 AM, Oct 13, 2011
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