Thursday, August 23, 2018

Asian stock markets supported

Asian stock markets supported the Fed's decision

After the decision was announced
Fed's decommissioning program
quantitative easing in Asia
market there is a slight increase. So,
Japan's Nikkei index rose during
Bid 0.9%, Australian S P / ASX 200 -
It rose to 0.5%, and only Hong Kong
Hang Seng went down by 0.6%.


"Uncertainty,
related to the economic situation
outside of Japan, weakened, and the positive
statements of US companies support
stock market - said portfolio
Managing Tokio Marine Nichido Fire Insurance Co.
in Tokyo, Yusuke Kuwayama. - Japanese companies,
especially exporters, are also showing
good results".


Shares in companies, too
We went into growth - securities Japanese
semiconductor manufacturer Renesas
Electronics Corp. rose by 7.8%, but shares
Yahoo Japan Corp. fell by 6.1% due to weak
profit guidance. largest oil
PetroChina Company also lose value
shares 1.1% - its net profit for the past
quarter was the lowest two
of the year.


Another drop -
China's largest bank Industrial Commercial Bank
of China noted a decrease of 1% of shares after
publishing reports that since 2006,
increased the number "bad" loans
credit portfolio of the organization.



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