Equities News Equities News
Equity Market News 06th February 2012

Equity Org Headlines:

Essar Energy adds 3 percent in mostly lower London energy sector

Antofagasta leads miners higher in London

Hunting plc leads energy sector lower

Sports Direct International leads London retailers higher

Pace plc drops 40 percent on profits warning

Royal Bank of Scotland leads London banks lower

Royal Bank of Scotland leads banks, FTSE 100 higher in London

Lloyds Banking Group drops 8 percent on first-quarter loss

Lloyds shares down on PPI claims

Aquarius Platinum adds 7 percent amid mostly lower mining sector

19/04/05

Permalink 05:03:35 pm, Categories: Tokyo Nikkei & Topix, 147 words  

Topix and Nikkei make small recovery

The Nikkei 225 was up 1.2 percent to 11,066. This compares to losses of 7.1 percent since last Monday. The Topix index was up by 1.55 percent, to 1,127.

This rebound in the Tokyo markets was good news, but gains were relatively small compared to last weeks losses because worries remain about the current tensions between Japan and China as well as about economic growth in the United States.

Stocks in most sectors were generally higher, including airline stocks. The airlines had earlier taken serious hits amid a large number of cancelled business and holiday flights to China over fears for Japanese citizens safety there after recent anti-Japanese demonstrations.

Japan Airlines rose ¥7 to ¥338, and air transport shares generally rose by an average of 2 percent.

The news on Monday of a 12 percent rise in quarterly profits from Texas Instruments sent Japanese technology stocks higher. Information and communication stocks rose by an average of 0.9 percent.

Permalink