Friday, December 21, 2012

Asian Stock Continue to Strengthen


Headline - Asian stocks rallied in early dealings Friday, December 21, 2012, as investor confidence grows again. U.S. policymakers expected to approve a solution to avoid the "fiscal gap", so that the tax hikes and budget cuts could be prevented.

Positive sentiment, as quoted by CNBC, which encourages Australian stock exchange rose to its highest level in 17 months. Meanwhile, a weaker yen pushed Japanese stocks reached the highest position in the last nine months.
At the beginning of the transaction, the FTSE CNBC Asia 100 Index rose 0.2 percent, while the Nikkei to test its highest level in nine months on Friday after exporters benefited from the weakening yen.
The benchmark index rose 1.2 percent to 10,165. Meanwhile, the Topix index rose 1.2 percent to 849 points.
Shares of exporters rose on average, with Canon rose 1.1 percent, Komatsu rose 2.2 percent, and Honda Motoradvancing rose 1.3 percent.
At the Seoul bourse, the majority of shares also extended gains today after U.S. stocks also closed higher yesterday on the transaction. Hopes for progress in negotiations to avoid a fiscal crisis in the U.S., fueling optimism of the market. The Korea Composite Stock Price Index rose 0.2 percent to 2004.1.
However, the increase in the stock was not followed by Korea Samsung Electronics shares, which actually fell 1.6 percent. Decrease manufacturer's Galaxy Tab in the middle of the issue of alleged violation of the rules of the competition with Apple's competitors, regulators issued in the European Union.
Meanwhile, shares in Australia rose almost 0.5 percent, extending the reinforcement that had brought them to the highest level in 17 months. The benchmark S & P / ASX 200 gained 22 points to 4656.1 points.
Banking stocks moved higher across the board, with shares of Macquarie Group led gains 1.8 percent and Australia & New Zealand Banking rose 1 percent. Qantas Airways shares also rose 2 percent.
In the U.S. market at the end of the transaction Thursday, the Dow Jones gained 59.75 points (0.45 percent) to 13,311.72, the S & P 500 rose 7.88 points (0.55 percent) to 1443.69 position, and the Nasdaq rose 6 , 03 points (0.20 percent) to a level of 3050.39. (Sj)
Sources: http://bisnis.news.viva.co.id/news/read/376638

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