Financial and Business News

Asian Markets are going up

Asian markets rise, reducing its weekly drop, supported by growth in oil prices and metals at the beginning of the session, which led to the appreciation of the shares of companies neftodobivniya and mining sector. Supporting the growth of exchanges in Asia yesterday and turned sharply rising indexes in New York, which last two hours of trading Dow Jones Industrial Average rose by nearly 9 percent as the session ended with a 6.67 percent increase to 8 281.14 points.
Leading to rises in U.S. indices by over 6 per cent yesterday were companies in the energy sector, which received strong support from the appreciation of oil futures by 3.5 percent in that period for trading of contracts with delivery in December expired yesterday and many companies fill their stocks by the end of the year.
Today, hours after the start of the session of the European markets of the U.S. fyucharsite light crude oil supply in January to become cheaper with 1.41 percent, to 57.42 dollars for a barrel. Yesterday broadest index of U.S. companies Standard & Poor's 500 has increased by 6.92 percent to 911.29 points. Technological NASDAQ Composite Index grew by 6.50% to 1 596.70 points. Today BHP Billiton poskapna by 5.6 percent in Sydney once during the session the stock exchange in New York oil price is refunded from 21 meat from his bottom barrel to 54.67 dollars reached earlier yesterday, while nickel and zinc increased.
Inpex rose by 9.2 percent in Tokyo after winning the rights to develop oil fields in Indonesia and after the previous day shares of energy companies in Asia cheapen sulno to other sectors. United Microelectronics rose to 6.91 percent, exceeding the daily limit of 5 percent set by the exchange in Taipei because of speculation that the second-largest maker of chips in the world can get Chartered Semiconductor Manufacturing.
MSCI Asia Pacific grew by 0.8 percent to 82.93 points after three day drop by 8.8 percent.

Labels: Financial News

posted by Zoritza Petrova @ 1:12 AM