Feb 8, 2013
Asian markets rise on China trade data, Nikkei kills weekly winning streak
Japan's Nikkei Stock Average fell again on Friday, -1.80% , putting an end to the weekly winning streak that was lasting for 12 weeks. However, most Asian equity indexes moved higher: Hong Kong's Hang Seng (+0.23%), China's Shanghai Composite (+0.51%), South Korea's Kospi (+0.99%), India's Bombai Sensitive (+0.26%) rose on Friday. Investors cheered China's trade data, with both imports (25.0% vs 17.0% consensus) and exports (28.8% vs 23.3% consensus) coming in higher than expected in January, as well as the trade surplus (29.2B vs 22.0B consensus).
Baca lagi
Previous