Stock Of Asia Raised Overnight
Holing the successful sale of bonds made by the France government has helped the Asian stock market to rise. This was happen today (17th Jan 2012) and the economic growth of China is growing slowly.
As dollar has fell down again euro and yen, hence the benchmark oil has raise near by $100 /barrel. The stock of Japan’s Nikkei 255 has added the index to 0.7 percent to 8,435.78 percent. Whereas, the shares of Hong Kong’s Hang Seng and South Korea’s Kospi has risen to 1.9 percent and 1.4 percent respectively.
In China the shares has fallen down and the government has said that it is the worlds second economic fallen down in year 2011 to 8.89 percent.
The market hasn’t rejected the news and has predicting the 8.7 percent of settlement as per said by the analysts. This shows that the Economy of China is not slowing down. To settle down the China’s overwhelmed economy it was the plan of the government to slow down the China’s economy.
On Monday other benchmark has seen a gain in the stock that has hold up the bonds of French. It was also seen that there was a stock raise in the country like Taiwan, India, Singapore, and New Zealand.
France has sold up the debt of $10.9 billion along with the bond of 25 and 51 weeks.
Investor feeling suffers from manifold headwinds as the latest news for being Standard & Poor’s downgrade of the eurozone’s save finance by one cut to AAA. This should affect the ability of funds to resolve the debt crises. This could affect the fund’s ability to increase the bailout of cheap money to resolve the continent’s increase in the debt crisis.
The financial group of Japan known as Sumitomo Mitsui has risen to 1.1 percent. They got this benefit in the shares after purchasing Royal Bank of Scotland Group’s aviation leasing business, as they are the fourth book values in the world.
After there was a huge gain in gold, oil, and copper overnight has really helped a lot to the commodity market. As compare to others the big gainers were the Australian shares and because of public holiday U.S markets were closed.
For currency trading euro were raised to $1.27 on last Friday and because of which dollars were fallen down.