Asia: pharmacists are jubilant, but the markets in the region can not boast of success

by admin on February 12th, 2010

 

Wednesday, January 20, the major stock markets in the Asian region with a few exceptions, have shown negative dynamics. Shares of the oil sector went into negative after the devaluation of “black gold”, as Chinese banks retreated due to the introduction of a regulator of restrictions on lending. Representatives of the Commission on banking regulation in China, said that set limits on lending to individual banks, given that some national lenders have failed to meet the requirements for the required amount of capital.

A positive trend during the session was observed in the pharmaceutical sector, where rumors that Republicans win elections in Massachusetts will break Obama”s plans to reform the health system, supported securities of pharmaceutical companies.

As a result of trades Japanese Nikkei 225 index sank 0.25%, and the Chinese CSI 300 has become easier to 3,22%. Australia SP /ASX 200 added 0.14% - consumer confidence in Australia has increased in January to a maximum for the last 6 months the value of 5,6% and reached 120.1 points. Regional indicator MSCI Asia Pacific has lowered from its asset 0,7%, to close at a mark of 124.45 points.

So, following statements by the Chinese regulator to set credit limits for individual banks, the paper China Construction Bank “thinner” at 3,1%, but rates Bank of China fell 3.4%.

Shares of Chinese insurer Ping An Insurance Group and China Life Insurance retreated to 2,3% and 1,5% respectively. National regulatory authorities in the field of insurance China Insurance Regulatory Commission said the company should improve its system for evaluating the profitability of sales made through banks, and to avoid price competition. Representatives of the regulator stated that they could revoke the licenses of insurance companies, if ulichat them in carrying out such practices to increase sales.

Against the backdrop of lower oil prices, shares of China”s leading oil producer PetroChina and Chinese company specializing in oil and gas exploration on the high seas, C1000nooc became easier on 1,7% and 1,2% respectively.

Papers of pharmaceutical companies were in demand by investors against the backdrop of expected violations of Obama”s plans to reform health care. Japanese pharmacist Astellas Pharma, receiving about 27% of its revenue from activities in North America, has added to its asset 2,7%. Market capitalization of Takeda Pharmaceuticals rose, in turn, to 1,7%.

Japanese trading company Toyota Tsusho, an affiliate of Toyota Motor, plans to establish a joint venture with the Australian Orocobre to develop lithium deposit in Argentina. As a result, shares of Toyota Tsuho and Orocobre risen by 6% and 32% respectively.

Papers of the leading South Korean companies to provide telephone and Internet service provider KT left in plus on 6,8% to 48 700 won after the Shinhan Investment analysts have raised their predictive value of 18% to 57 000 won, setting the rating to “buy” .

Credit Suisse analyst lowered the rating of Japanese equities broking sector. As a result, quotes, Nomura Holdings, Daiwa Securities and Matsui Securities fell by 3,8%, 2,4% and 3,7% respectively.

-318.67
Index Country Closing (items) Delta day (items) Change day (%) value at beginning of year (the last closing in 2009) Change YTD
SP /ASX 200 Australia 4,868.20 7 0.14% 4870.64 -0.05%
All Ordinaries Australia 4,895.10 5.5 0.11% 4882.71 0.25%
Ho Chi Minh Vietnam 489.5 -6.01 — 1.21% 494.77 -1.07%
Hang Seng Hong Kong 21,286.17 -391.81 -1.81% 21872.5 -2.68%
Hang Seng H-shares Hong Kong 12,282.09 -2.53% 12794.13 -4.00%
BSE 30 (Sensex) India 17,474.49 -11.57 -0.07% 17464.81 0.06%
Jakarta Composite Indonesia 2,667.27 1.2 0.04% 2534.36 5.24%
Shanghai A-shares China 3,304.95 -99.96 -2.94% 3437.46 -3.85%
CSI 300 China 3,394.43 -113.05 -3.22% 3575.68 -5.07%
KLSE Composite Malaysia 1,306.62 6.27 0.48% 1272.78 2.66%
NZSE 50 New Zealand 3,227.25 -0.34 -0.01% 3230.15 -0.09%
Karachi 100 Pakistan 9,907.17 -47.24 -0.47% 9386.92 5.54%
Straits Times Singapore 2,893.13 -19.79 -0.68% 2897.62 -0.15%
Bangkok SET Thailand 516.51 -3.31 -0.64% 520.69 -0.80%
TAIEX Taiwan 8,220.93 -28.07 -0.34% 8188.11 0.40%
PSEi Philippines 3,083.86 -0.71 -0.02% 3052.68 1.02%
Colombo All-Shares Sri Lanka 3,532.41 49.11 1.41% 3385.55 4.34%
KOSPI South Korea 1,714.38 4.16 0.24% 1682.77 1.88%
Nikkei 225 Japan 10,737.52 -27.38 -0.25% 10546.44 1.81%
Topix Japan 944.72 -5.04 -0.53% 907.59 4.09%


Kommersant: ISD Corporation lost Serbian Carriage Works
Today hydrocarbon market again reigned downward trend, the pressure on the quotation of the dollar has strengthened
Traditional buying precious metals at the beginning of the year from foundations and the dollar”s decline will provide sustained support for quotations of gold and silver
Coming in the second half of the trading day pool statistics define the mood of the closure of Russiad32″s market
Recommendations on the shares of Gazprom, Transneft, FSK, RTS Index futures, oil and natural gas
At 13.00 Moscow time trade on the MICEX Stock Exchange amounted to 88.5463 billion rubles
“Finam” teach swing trading
Overview of the oil market for 19.01.10
China has banned a number of under-capitalization of banks to issue loans and limit the total amount of lending in the country

Leave a Reply

Note: XHTML is allowed. Your email address will never be published.

Subscribe to this comment feed via RSS