{"id":39778,"date":"2013-07-09T04:37:38","date_gmt":"2013-07-09T08:37:38","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=39778"},"modified":"2013-07-09T04:37:38","modified_gmt":"2013-07-09T08:37:38","slug":"asian-shares-rises-on-profit-outlook","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/09\/asian-shares-rises-on-profit-outlook\/","title":{"rendered":"Asian shares rises on Profit Outlook"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Shares in the Asian market were seen climbing on Tuesday, recovering from the previous fall from the last session.<\/p>\n<p>The broader Topix closed 2.1% higher at 1,196.89, while the Nikkei 225 gained 2.60% at 14,472.90.<\/p>\n<p>The Hong Kong Hang Seng climbed 0.53% to 20,692.86, while the Chinese Shanghai Composite gained 0.31% at 1,963.71.<\/p>\n<p>The S&amp;P\/ASX 200 rose 1.66% higher at 4,889.30, while in South Korea, the Kospi index closed 0.74% higher at 1,830.35 at the time of writing.<span id=\"more-2078\"><\/span><\/p>\n<p>Aluminum company Alcoa, shifted earnings of \u00a27 per share, while the revenue for the company dropped to $5.85 billion in the second quarter, compared to previous record of $5.96 billion last year.<\/p>\n<p>In China, the Consumer Price Index (CPI) advanced by 2.7% in June year-on-year, increased by 2.1% from previous month, according to the reports released by the National Bureau of Statistics.\u00a0 Although there have been a rise in prices, analysts predict China is not likely to attain its target of 3.5% for the year.<\/p>\n<p>Yellow Metal in China advanced to $1,254.67 an ounce, highest since July 1 and exceeding yesterday\u2019s 1.1% increase.\u00a0 While silver rose 1.5% to $19.3874 an ounce.<\/p>\n<p>The MSCI Market Index rose 0.5%, recovering from its 14 percent loss for the past two days.<\/p>\n<p>Meanwhile, investors are looking forward to the outcome of the upcoming Fed mid-June meeting due on Wednesday. The meeting may possibly hint the next step the US Federal Reserve plan to take with the slowdown of its asset-purchase program.<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/stocks\/asian-shares-rises-on-profit-outlook.html\">Asian shares rises on Profit Outlook<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Shares in the Asian market were seen climbing on Tuesday, recovering from the previous fall from the last session. The broader Topix closed 2.1% higher at 1,196.89, while the Nikkei 225 gained 2.60% at 14,472.90. The Hong Kong Hang Seng climbed 0.53% to 20,692.86, while the Chinese Shanghai Composite gained &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/09\/asian-shares-rises-on-profit-outlook\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Asian shares rises on Profit Outlook&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39778","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=39778"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39778\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=39778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=39778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=39778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}