Wait for China Trade Data, Asia Stock Fluctuation

Headline - Asian stocks trading at the opening Thursday, January 10, 2013 fluctuate ahead of the release of trade data for December in China. A number of the estimated increase in imports occurred in the Bamboo Curtain country.


Quoted from CNBC, CNBC Asia's FTSE 100 edged up 0.03 percent. The Nikkei index of Japanese stocks also rose, boosted shares of exporters.

The benchmark index rose 0.6 percent to 10,647.7, while the broader Topix rose 0.7 percent to 885.1.

Shares of Isuzu Motors jumped 3.4 percent to 543 yen per share, as a result of talks between General Motors and Isuzu to develop a pick-up truck next generation.

Meanwhile, South Korea's stock moves horizontally. Investors are still waiting for some of the company's financial statements. Korea Composite Stock Price Index (Kospi) edged down 0.04 percent to 1990.7 in early trading today.

However, shares of Korea Electric Power (Kepco) jumped 4 percent after the government said it would raise electricity rates an average of 4 percent in the next week to reduce subsidies and cope with power outages.

Shares of the electronics giant, Samsung Electronics, also rose 0.3 percent as the company will supply chips to China. In addition, Samsung shares rise due to the falling stock from the U.S. competitor, Apple.

Horizontal movement tends also experienced Australian stock exchange, as investors are still waiting for China's December trade data. ASX 200 index edged down 0.02 percent to 4707.2.

Sources: http://bisnis.news.viva.co.id/news/read/380928