Asia stocks rebound while Japan declines

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

Most of Asian stock markets opened lower on Thursday, but during day recovered and closed higher. Hong Kong's Hang Seng Index edged up 0.5%, Australia's S&P/ASX 200 index advanced 0.2% whereas Shanghai Composite Index and South Korea's Kospi each added 0.3% and 0.6% respectively. Only Japanese equities extended losses as investors returned from holiday and share prices reflected yesterday's global developments. 

Back to articles

Actual Topics

Thu, 24 Nov 2011 07:18:11 GMT

Japan may be close to downgrading from S&P

According to Japanese Prime minister's administration, Standard and Poor's may reduce country's credit rating in nearest future. Takahira Ogawa, executive of sovereign credit ratings at S&P in Singapore told that Japanese financial situation is worsening every day. He confirmed that Japan is close to downgrade but did not predict when the actual rating cut could take place. Currently Japan is AA- rated by Standard and Poor's.

Thu, 24 Nov 2011 07:17:41 GMT

US stocks fall on European worries

On Wednesday US market indexes closed at about 2% lower as weak German bond auction increased European yields. S&P 500 Index fell 2.2% or 26.25 to 1,161.79, Nasdaq Composite lost 2.4% or 61.2 points to 2,460.08 while Dow Jones Industrial Average declined 2.1% or 236.17 reaching 11,257.55. Phil Orlando, Federated Investors' strategist claims that investors' confidence of Europe's ability to tackle debt affliction is ruined. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.