Asia Markets 5/24/2006 SNE, CAJ, PCW, HMC, TM, NTT
Markets in Tokyo rallied sharply. According to a report by Reuters, traders now view stocks as "oversold". The Nikkei gained 2%, or 303 points, to close at 15,907. The Topix Index was up 1.7% to 1,606.
Shares in Bridgestone were up almost 4% to 2,505. Canon rose over 2% to 8,130. Daiwa Securities was up over 4% to 1,434. Fujitsu was off a fraction of a point to 835. Honda was up over 2% to 7,450. Izusu was up over 3% to 403. Mitsubish Corp. was up almost 4% to 2,405. NTT fell almost 1% to 558,000. Sony rose 2% to 5,160. Toyota was up over 3% to 6,140.
The Hang Seng Index was down slightly to 15,823. Cathay Pacific rose .4% to 12. China Mobile fell slightly to 41. HSBC was up a fraction to 135. Lenovo was off almost 2% to 2.55. PCCW was off over 1% to below 5.
The Kopsi Index was up slightly to 1,333.
The Straits Times Index was flat at 2,430.
The Shanghai Composite fell almost 1% to 1,591.
According to MarketWatch a rebound in metal prices helped commodity-related shares throughout the region.
Douglas A. McIntyre
Shares in Bridgestone were up almost 4% to 2,505. Canon rose over 2% to 8,130. Daiwa Securities was up over 4% to 1,434. Fujitsu was off a fraction of a point to 835. Honda was up over 2% to 7,450. Izusu was up over 3% to 403. Mitsubish Corp. was up almost 4% to 2,405. NTT fell almost 1% to 558,000. Sony rose 2% to 5,160. Toyota was up over 3% to 6,140.
The Hang Seng Index was down slightly to 15,823. Cathay Pacific rose .4% to 12. China Mobile fell slightly to 41. HSBC was up a fraction to 135. Lenovo was off almost 2% to 2.55. PCCW was off over 1% to below 5.
The Kopsi Index was up slightly to 1,333.
The Straits Times Index was flat at 2,430.
The Shanghai Composite fell almost 1% to 1,591.
According to MarketWatch a rebound in metal prices helped commodity-related shares throughout the region.
Douglas A. McIntyre
posted by douglas mcintyre at 4:06 AM
Subscribe
<< Home