Asia: markets come in to land

 

Friday, December 18, the stock markets in Asia have completed trades with predominantly negative results. At investor sentiment in addition to the so-called four witch Friday (when the time expires on futures and options on indexes and stocks) were influenced by news about lowering the credit rating of Greece, the rating agency Standard Poor”s.

Yesterday”s trading results in the United States and news of the American corporate world, in particular, the banking sector, to provide investors in Asian markets, a painful and anxious mood. Outcome of the meeting of the Bank of Japan, in fact neutral, have not changed anything on the market.

The closure of the Japanese Nikkei 225 index lost 0.30%, Chinese CsI 300 fell 2.54%, Hong Kong”s Hang Seng went to a minus on 0,8%, while South Korea”s Kospi lost 0.22%. The plus indexes closed in Taiwan, New Zealand, Sri Lanka and Vietnam.

Stock market in Sri Lanka today fixed the next historical maximum against the background of news about GDP growth for the third quarter of 4,2% compared to the same period last year. In the second quarter economic growth was 2.1%. Sri Lankan market this year is the leader in profitability among us tracked stock markets in Asia (103.4%).

China initiated the drawdown was the housing sector. Leading developers retreated to the background of news that the government increased the minimum down payment to purchase land in installments. Shares of the largest developer China Vanke lost 4.6%, and the second largest Poly Real Estate went into minus to 5,6%.

Chinese banking sector has picked up a sale against the backdrop of the fact that rating agency Fitch noted shortcomings in the state capital of banks. At the auctions in Hong Kong, shares of Industrial Commercial Bank of China dropped to 1,4%, China Construction Bank - by 0,6%, while Bank of China - on 0,5%.

At the auctions in Japan”s financial sector is also a “poisoned” after application of the Basel Committee that the banks will have to bring their capital in order to end in 2012 when it the day before markets reacted positively to the same news (while it was still a rumor), to rejoice deferred for 3 years. Mizuho Financial Group shares fell 3,2%, Sumitomo Mitsui Financial Group lost 4.9% of market capitalization.

Index Country Closing (items) Delta day (%) change per day (items) Change from the beginning of 2009 (%)
SP /ASX 200 Australia 4650.521 -0.42 -19.749 25.47
All Ordinaries Australia 4671.907 -0.38 -17.736 28.16
Ho Chi Minh Vietnam 443.34 1.95 8.47 37.78
Hang Seng Hong Kong 21175.88 -0.8 -171.75 48.38
Hang Seng H-shares Hong Kong 12334.82 -1.33 -166.38 58.41
BSE 30 (Sensex) India 16719.83 -1.03 -174.42 75.12
Jakarta Composite Indonesia 2509.576 -0.51 -12.969 85.15
Shanghai A-shares China 3266.188 -2.05 -68.249 74.41
CSI 300 China 3391.735 -2.54 -88.418 91.46
KLSE Composite Malaysia 1266.97 -0.16 -2.06 44.51
NZSE 50 New Zealand 3154.229 1.003 31.313 14.99
Karachi 100 Pakistan 9183.73 -0.47 -43.45 57.33
Straits Times Singapore 2802.59 -0.38 -10.68 59.70
Bangkok SET Thailand 503.29 -0.06 -0.29 59.13
TAIEX Taiwan 7753.63 0.15 11.46 68.63
PSEi Philippines 3016.99 -1.02 -31.16 62.75
Colombo All-Shares Sri Lanka 3188.82 1.73 54.35 108.54
KOSPI South Korea 1647.04 -0.05 -0.8 46.54
Nikkei 225 Japan 10142.05 -0.21 -21.75 14.72
Topix Japan 893.59 -0.3 -2.69 4.31


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