Moscow. On 26 November. Stock indices in the Asia-Pacific region grow on Thursday, as investors turned their attention to increasing tensions with Russia and Turkey on regional issues and statistics from the United States, writes Financial Times.
The Japanese Nikkei 225 rose 0.6% and the broader Topix index, South Korean Kospi added 1.1%. Hong Kong’s Hang Seng rose 1%, Chinese Shanghai Composite and Australian S&P/ASX 200 – by 0.3%.
The Australian market has significantly slowed the growth after the publication of the record data on the declining investment in Australia in the third quarter by 9.2% compared with April-June, adjusted for seasonal variation. Economists on average had expected a decline of 2.9%.
“Statistics from the US was broadly in line with expectations and has calmed the market, – considers the head of Ichiyoushi Asset Management Co. Mitsushige Aquino. – Investors expect growth after raising interest rates in the US, because the uncertainty will be resolved”.
Costs Americans last month increased 0.1%, while experts expected growth rate of 0.3%. The income of the U.S. population in October increased by 0.4% compared with the previous month, as expected.
The volume of orders for durable goods in the U.S. last month jumped by 3% compared with the previous month, after falling 0.8% in September, while the consensus forecast provided for an increase of 1.7%.
Orders excluding aircraft and military equipment, an indicator of business investment rose last month by 1.3%, while experts expected increase of 0.2%.
The number of Americans who first applied for unemployment benefits last week fell by 12 thousand to 260 thousand a month from a revised 272 thousand a week earlier. Analysts surveyed by Bloomberg expected a decline in the number of requests per 1 thousand to 270 thousand, with the previously announced level of 271 thousand
Sales of new U.S. homes in October rose to the highest in 14 months of 10.7% to 495 thousand homes in terms of annual rates. The consensus forecast included an increase of 6.8%.
Consumer confidence in the US economy improved in November, although not as substantially, as testified to preliminary estimates.
Amid weakening of the yen against the dollar after the publication of statistical data in the USA are getting more expensive paper Japanese exporters. Among them, Nissan Motor Co. added 1.3 percent.
The market value of one from the Japanese Apple’s suppliers – Japan Display Inc. – fell 6.8% because of the reports in the newspaper Nikkei, Apple will use a competing technology for the production of displays for iPhone with 2018.
Stock price PetroChina Co. grew by 1.4% in trading in Hong Kong. The company plans to sell some pipeline assets for 15.5 billion yuan.
The price of securities Aluminum Corp. of China Ltd. increased by 1.8% in Shanghai after announcing the upcoming sale of units in the Shanxi province for 2.4 billion yuan.
Shanghai stock exchange on November 26, celebrates its 25th anniversary. Since the creation of the major index exchange – Shanghai Composite index – surged by 3548% (excluding dividends). The MSCI Emerging Markets index rose during this time 348%, Standard & Poor’s 500 – 533%.