The growth of Asian markets, a positive impact on earnings of commodity companies

by admin on June 30th, 2009

Europe

European stock markets on Monday, a significant increase in, interrupting which lasted during the two previous sessions of the fall, because the rise in the pharmaceutical and mining sector outweighs the reduction of financial securities firms. Shares of Swiss bank UBS fell by 1.8 percent after reporting in the newspaper that he had agreed to pay from 3.0 to 5.0 billion Swiss francs ($ 2,77 - $ 4,62 billion) to settle claims of American tax authorities. Do not lucky and securities of other banks: the action of British Standard Chartered, the German Commerzbank, Dexia Belgium and the Spanish Banco Santander cheaper to 0,1-2,2 per cent. The leader of growth became farmasektor. Shares of British drug manufacturer AstraZeneca went up by 0.93 per cent, paper Novo Nordisk - to 3.33 percent, the Swiss Roche - to 0.88 percent, the British Shire - at 0.84 percent.

FT-SE 100	53.02	1.25%
DAX	108.62	2.27%
CAC40	63.95	2.04%

Asia

The Asian markets are growing in today's bidding against the backdrop of improving sentiment in the global economy, which in turn positively affect the earnings of commodity companies and manufacturers of electronic products. Rio Tinto Group - rose by 3.7% to six heights. Shares David Jones Ltd .- the second largest retail chain in Australia grew by 11% after the forecast increase in profits, while the shares of NEC Electronics Corp. increased by 3.1% in relation to the management of the company commented that the worst is behind us .. Fujifilm Holdings Corp. and Nikon Corp. receiving most of the profits outside Japan, rose by more than 6% after improving the recommendation to buy from Mizuho Securities Co.

NIKKEI 225	174.97	1.79%
HANG SENG INDEX	95.74	0.52%
SHANGHAI SE A SHARE INDX	-16.88	-0.54%
SHANGHAI SE B SHARE INDX	0.99	0.52%
KOSPI INDEX	1.62	0.12%

United States

The American stock market was closed on Monday in the black thanks to the success of theoil sector, as well as the fund managers' desire to fill up their portfolios with securities that at the end of the quarter showed growth. Shares of energy companies is well made in the last quarter, a rise of oil on Monday only helped them gain employment at the Heights. Leaders of growth in the Dow index had become the paper Exxon Mobil Corp, which added 2.2 percent. Fund managers remained faithful habit of get up their portfolios at the end of the quarter, selling the failed securities and buying winners. There will also enjoy the success of financial stocks and technology companies. Microsoft Corp Shares went up by 2.2 per cent.