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Friday, July 14, 2006

Asia Markets 7/14/2006

Stocks: (FUJ)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(HBC)(PCW)

Asian markets were down sharply on rising oil. The Bank of Japan also raised interest rates.

The Nikkei was down 1.7% to 14,845. Daiwa Securities was down 1.8% to 1303. Fuji Photo was down 2.1% to 3770. Fujitsu was down 1% to 818. Honda was down 1.7% to 3500. Japan Air was down 3.8% to 254. NEC was down 1.6% to 568. NTT was down 1% to 574000. Docomo was down .6% to 166000. Sony was down 2.8% to 4790. Softbank was down .7% to 2105. Toyota was down 1.7% to 5720. Toshiba was down 4.4% to 677.

The Hang Seng Index was down 1.2% to 16,112. China Mobile was off 1.7% to 44. Cathay Pacific was off 1.5% to 13.5. China Unicom was down 4.3% to 6.7. HSBC was down 1% to 135.5. Lenovo was down 2% to 2.475. PCCW was off 1% to 5.05.

The KOPSI was down 2.3% to 1,255.

The Straits Times Index was off1.2% to 2,369.

The Shanghai Composite was up .6% to 1,655.

Douglas A. McIntyre
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