Thursday, October 3, 2013

Among the highlights in the index, the French Technip rises 1.2% after the oil services mufso compa


REVIEW OF THE BAG - HARAMOTO mufso - MONDAY 12/08/2013 ASIA: Most Asian stock markets advanced Monday, with hopes that Beijing will act to support its economy. The Shanghai mufso Composite rose 2.4%, marking the biggest percentage gain in more than a month and the Hang Seng Index in Hong Kong increased by 2.1%, its best result since June 4. Recent data from Chinese indicators last week helped improve investor expectations regarding the growth of the second largest economy in the world. The daily newspaper South China Morning mufso Post in Hong Kong, citing unidentified government sources, reported that Beijing offered "silently" mufso financial incentives to major cities and provinces to support mufso local economies. According to analysts, the hopes of stimuli led to an increase in asset purchases, creating stop-loss orders on short sales. Actions related buildings skyrocketed in Chinese markets. Anhui Conch Cement jumped 4.6% and the real estate company Gemdale rose 4.4% in Shanghai. In Hong Kong, Anhui Conch advanced 4%, Aluminum Corp. of China jumped 6% and China Resources Land gained 2.3%. The Chinese advance audou other regional markets. S & P / ASX 200 in Australia mufso rose 1.1% and South Korea's Kospi advanced 0.2%. However, Japan's Nikkei ended 0.7% lower, with data showing a slower economic growth than expected in the quarter from April to June. The Japanese government said the economy grew at an annualized rate of 2.6% in the previous quarter. The expansion mufso marked the third consecutive quarter of growth but was below the estimate of 3.6% in a survey from Dow Jones Newswires. Japanese parliament approved a tax increase on consumption of 8% until April 2014 and from 10% to October 2015, compared to the current 5%. The tax increase, aims to increase revenue from heavily indebted Japanese government should weigh the country's economic recovery. Financial mufso stocks declined in Tokyo. Daiwa Securities lost 2.3%, Nomura Holdings slid 3.1% and Mizuho mufso Financial fell 1.4%. Bridgestone gained 2.8% after the tire maker to raise its profit forecast for the year ending next March, while Citizen Holdings soared 16.6%, driven by strong results and an increase in its profit outlook. In Sydney, mufso Australian miners posted solid gains following a rise in metal prices on Friday as well as the recent series of Chinese economic data. BHP Billiton gained 2.4% and Rio Tinto added 2.6%. Newcrest Mining jumped 7.9% despite posting a record annual loss. EUROPE: European markets opened the week higher, following the closing in Asia, where most markets mufso closed higher on hopes that Beijing will act to support the Chinese economy, but the Stoxx Europe 600 retreats 0.38%, from gains of 0.6% on Friday.
Among the highlights in the index, the French Technip rises 1.2% after the oil services mufso company said its joint venture with Norway's DOF Installer ASA secured a contract for 1.35 billion euros ($ 1.80 billion) mufso with Brazilian oil company Petrobras. Royal Bank of Scotland up 1.2% after The Sunday Telegraph report over the weekend that the Business Secretary in the UK, Vince Cable, signaled that RBS will remain in public hands for five years. Currently the bank has 81% share of the UK government. Among the country-specific indices, the FTSE 100 in the UK, Germany's DAX 30 and CAC 40 of France recede. mufso Mining companies add pressure London, although the majority of metals were on the rise. Anglo American loses 0.9%, Glencore Xstrata fell 1.1% and 0.9% BHP Billiton backs. TODAY'S AGENDA: 15:00 - Federal Budget Balance (U.S. federal budget). AGENDA FOR NEXT MEETING: EUROPE: ZEW Economic Sentiment (institutional investor sentiment in the Eurozone), Industrial Production (industrial mufso production numbers in the Eurozone). GERMANY: German Final CPI (inflation - the consumer price German); German WPI (wholesale sales prices), German ZEW Economic Sentiment (in the sense of long-term institutional investors in Germany). UK: Consumer Price Index - CPI (monthly mufso indicator of consumer inflation mufso British) Core CPI (measures changes in prices of goods and services, mufso excluding food and energy), RPI - Retail Price Index (measures changes in prices of goods and services purchased by consumers for consumption purposes. It includes housing costs (not CPI), producer price index monthly (PPI Input) and Monthly Inflation (PPI Output). mufso U.S.: 8.30 am - NFIB Small Business Index (index mufso of small business optimism); 9.30 - Retail Sales (measures the sale

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