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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

23/05/05

Permalink 04:16:40 pm, Categories: Tokyo Nikkei & Topix, 158 words  

Asia equities strong on Mizuho

Equities markets in Tokyo rose on Monday despite the fact that some heavy industry firms saw losses after news that they were suspected of engaging in bid-rigging in relation to bridge construction projects.

The positive movement of the markets came on news of a better-than-expected earnings report form Mizuho Financial Group, Japan’s biggest bank when ranked by assets. Friday’s good performance by Nasdaq in New York also helped.

The automotive sector saw gains, with Toyota rising 0.8 percent to close at ¥3,920 and Isuzu gaining 1.2 percent to sit at ¥257. Isuzu’s positive result came after its announcement on Friday that it would increase its involvement in Chinese light truck manufacturer Qingling Motors.

Shares in Mizuho were up 1.4 percent to ¥499,000. Technology stocks followed Friday’s New York results and advanced in Tokyo, where Sony was up 2.2 percent to ¥4,120, while Canon closed at ¥5,790, 0.7 percent higher.

The Nikkei 225 was up 1.1 percent to close at 11,158.65, and the Topix index advanced 0.7 percent to 1,137.69.

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