Warren Buffett, the Chairman of Berkshire Hathaway Inc., says that the slump in Japanese equities subsequent to the March 11 earthquake is a buying opportunity
Japan’s Nikkei Stock Index lost 11% of its value Tuesday as nervous investors sold shares rapidly and at high volumes, while Dow Jones Industrial Average Futures are down more than 200 points.
Asian stock markets were predominantly lower Tuesday as stocks in China fell on concerns about further tightening measures, however the Seoul market was up amid a tense calm on the Korean peninsula. Japan’s Nikkei Stock Average fell 1.5%, Australia’s S&P/ASX 200 dropped 0.6%, South Korea’s Kospi Composite was up 0.3%, China’s Shanghai Composite Index fell [...]
Asian stock markets were predominantly higher Thursday: Japan’s Nikkei Stock Average was up 0.8%, Australia’s S&P/ASX 200 jumped 0.2% and New Zealand’s NZX-50 fell 0.1%. Dow Jones Industrial Average futures were 27 points higher in screen trade. Macquarie Private Wealth division director Martin Lakos affirmed: ”It does appear that the markets are prepared to look [...]
Asian stock markets fluctuated Tuesday, with Seoul’s market weighed down by the Bank of Korea’s decision to raise its key policy rate by 0.25 percentage point to 2.50%, as the central bank continued its monetary-policy tightening campaign to stop inflationary pressures. Japan’s Nikkei Stock Average fell 0.3%, Australia’s S&P/ASX 200 was down 0.1%, South Korea’s [...]
Asian stock markets were up Monday, as Japanese stocks were bolstered by better-than-expected economic growth in the third quarter: Japan’s real gross domestic product surged 3.9% in annualized terms, beating expectations for a 2.5% expansion. Japan’s Nikkei Stock Average was jumped 0.5%, Australia’s S&P/ASX 200 was up 0.3%, South Korea’s Kospi Composite was 0.3% higher [...]
Asian stock markets fluctuated Thursday, as the Shanghai market rebounded from the prior session sell off as positive China data was released. Japan’s Nikkei Stock Average rose by 0.3%, Australia’s S&P/ASX 200 was up 0.6%, South Korea’s Kospi Composite was up 0.2%, Hong Kong’s Hang Seng Index increased 1.0% and China’s Shanghai Composite was up [...]
Asian shares fluctuated Wednesday due in part to concerns Beijing may introduce new monetary policy tightening measures. Subsequently, Japan’s Nikkei Stock Average fell 0.8%, Australia’s S&P/ASX 200 slumped 1.0% and South Korea’s Kospi Composite rose just 0.2% and Hong Kong’s Hang Seng Index dropped 1.0%, while China’s Shanghai Composite was down 1.1%. Dow Jones Industrial [...]
Asian stock markets were predominantly higher Thursday with Tokyo markets rising on positive earnings reports, while investors largely welcomed the U.S. Federal Reserve’s latest stimulus package. Japan’s Nikkei Stock Average rose 2.2% as trading resumed after Wednesday’s national holiday, while Australia’s S&P/ASX 200 was up 0.4%, South Korea’s Kospi Composite increased 0.4%, China’s Shanghai Composite [...]
Asian stock markets were predominantly higher Monday, but the Tokyo market was dragged down by concerns over the outlook for earnings and a strong yen. STORY HIGHLIGHTS: 1. Japan’s Nikkei Share Average was off 0.1%, Australia’s S&P/ASX 200 was up 0.6%, South Korea’s Kospi Composite was up 0.3% and New Zealand’s NZX-50 was up 0.2%. [...]
