Tuesday, February 8, 2011

Asian Stocks Mixed As The Dow Jones Hits Two Years Atitudes

This pressrelease asian stocks were mixed Tuesday with the outbreak of Tokyo before the back of a rally by the Dow Jones at a high price of oil in two years.

While in Egypt reduced tensions cooled. Tokyo’s Nikkei finished the session 0.41 percent or 43.94 points, to 10,635,98, a level not seen since last May.

Toyota Motor said after the close of the session that its net income for the nine months to December has almost quadrupled, despite a decrease of 39 percent in the third quarter, the municipality for the benefit of a season that has driven Japanese stocks.


Largest telecommunications company KDDI rose 5.74 percent, to 506.000 yen after Credit Suisse raised its recommendation. Tokyo Electron rose 2.73 percent to 5640.Sydney closed down 0.45 percent, or 21.9 points higher at 4890.4, a child of 10 months, as financial firms have been affected by a lift by their U.S. counterparts.

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Hong Kong closed down 0.29 percent or 69.29 points to 23,484.30.Seoul closed down 0.58 percent or 12.04 points to 2069.70 amid concerns about possible measures of adjustment across Asia, as countries seek to contain inflation in the region.Shanghai was closed for the Lunar New Year holiday.

Merchants obtained a solid mark on Wall Street where the Dow Jones Industrial Index surged 0.57 percent to its highest finish since June 2008, while the Nasdaq was 0.53 percent and the S & P 500 rose 0.62 per cent. U.S. markets were lifted by an improving economic outlook, which in turn gives an impetus to global equities, dealers said.

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