{"id":43773,"date":"2013-11-05T05:22:51","date_gmt":"2013-11-05T10:22:51","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=43773"},"modified":"2013-11-05T05:22:51","modified_gmt":"2013-11-05T10:22:51","slug":"asian-stocks-mixed-on-mixed-earnings","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/11\/05\/asian-stocks-mixed-on-mixed-earnings\/","title":{"rendered":"Asian Stocks Mixed On Mixed Earnings"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Asian stocks were seen trading mixed on Tuesday, extending its highly volatile session while investors awaits key figures scheduled for the second half of the week.<\/p>\n

Asian stocks opened higher for the second straight session; however some of them dropped towards the market close, especially gauges in China and South Korea.<\/p>\n

China\u2019s Communist Party\u2019s eighteenth Central Committee meeting is scheduled to commence from November 9-12, where members of the party are expected to discuss China\u2019s economic agenda.<\/p>\n

In the previous session, shares in the Asian-pacific region ended in losses, while the European and US session closed with gains.<\/span><\/p>\n

Asian Stocks – Japan<\/span><\/h2>\n

The Japanese benchmark the Nikkei 225 advanced 0.17% higher to 14,225.37, while Tokyo\u2019s Topix index eased 0.04% to 1,182.58. The country\u2019s stock exchanges were closed due to a public holiday on Monday.<\/p>\n

Nisan Motor saw its biggest decline in five years, dropping 10.4%, while Minebea Corporation gained 16.9%. Machinery producer, Kubota Corporation edged 7.9% higher, beating analysts\u2019 forecasts.<\/p>\n

Asian Stocks – China<\/span><\/h2>\n

Losses were seen during China\u2019s trading session; with Hong Kong\u2019s benchmark Hang Seng losing 0.45% to 23,088.40, while the mainland Shanghai Composite index climbed 0.32% to 2,154.68.<\/p>\n

“Facing these conditions we didn’t panic. We stuck to the rule of neither\u00a0loosening nor tightening liquidity. We required the People’s Bank of China and commercial banks to\u00a0step up liquidity management and maintain appropriate money supply but we did\u00a0not ease liquidity as a result of this. We chose to hold steady on fiscal and\u00a0monetary policy,”\u00a0China\u2019s prime minister,\u00a0Li Keqiang commented on the country\u2019s banking sector.<\/p>\n

China\u2019s central bank is expected to launch a negotiable certificate deposit (NCD) later this month, according to a bank official from commercial bank.<\/p>\n

China\u2019s Prime Minister Li Keqiang also commented on the nation\u2019s growth target, stating the country needs to grow at least 7.2% gross domestic product (GDP) to ensure a stable job market.<\/p>\n

HSBC Holdings was the session\u2019s top winner, jumping 1.8% higher after it released its upbeat third-quarter earnings in the previous session.<\/p>\n

 <\/p>\n

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The post Asian Stocks Mixed On Mixed Earnings<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Asian stocks were seen trading mixed on Tuesday, extending its highly volatile session while investors awaits key figures scheduled for the second half of the week. Asian stocks opened higher for the second straight session; however some of them dropped towards the market close, especially gauges in China and South … <\/p>\n

Continue reading “Asian Stocks Mixed On Mixed Earnings”<\/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-43773","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43773","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=43773"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43773\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=43773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=43773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=43773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}