Trying to rebound for the Nikkei ending the first session of the week at 15,130.52 points, marking an increase of 2.38%. The reaction, however, is not enough to erase the sharp declines seen in the last two weeks that have pushed the Japanese to below 15,000 points, 200-day moving average, and up to the support area 14700, last foothold to hold on to ward off the risk of an attack to the smallest area in April 13900. reactions up to 15100 as interesting and necessary to ease tensions, however, do not alter the negative scenario. Just over 15,300 would be generated the first sign of recovery is interesting that if confirmed by passing area of 15500 would make possible the return on the mentioned maximum in late July 15759. also positive Topix that ended the session at 1252.51 points (+1 , 97%).
Indications little comforting on the macroeconomic side: according to data released by the Ministry of Economy, Trade and Industry, the industrial production in June fell more than expected. The final figure it marks a decline of 3.4% versus 3.3% prior and progress of 0.7% recorded in May. Shipments fell 1.9% in line with the preliminary reading. On an annual basis, industrial production of the Rising Sun has risen 3.1%. Warehouse stocks were up 2% compared to the preliminary estimate of 1.9% while capacity utilization fell by 3.3% in June after a 0.7% decline in maggio.Il Ministry of Finance Japan announced that it has placed 546.7 billion yen in bonds to 30 years. The performance of the JGB and ‘dropped all’1,676% dall’1,703% auction in June and demands have exceeded the tendered quantity of 4.06 against 3.12 times the previous auction.
On the corporate front, investors’ interest has focused on mining stocks and shipping companies: Pacific Metals has chalked up an increase of 3.60%, 2.76% Toho Zinc Co., JFE Holdings has increased the 0.54%, Nippon Steel & amp; Sumitomo Metal has gained 0.88%. Ben bought Mitsui OSK Lines (+ 0.85%). Slightly wavy other titles in the list, reflecting investor caution before the publication of some macroeconomic indicators on the growth of the country.
In no particular order other major Asian markets: weak the Hong Kong Stock Exchange with the ‘ Hang Seng -0.17%, which marks a. Seoul earns 0.10%. Also decreased the Shanghai Stock Exchange (-0.27%).
(CC)
No comments:
Post a Comment