Southeast Asian stock exchanges closed lower

The stock exchanges in Southeast Asia had a day with negative results motivated by distrust of economic growth, with exceptions such as Thailand.

The Nikkei average sank to its lowest level in 16 months after its sharp fall of 3.55% driven by declines in Wall Street yesterday and a lack of confidence in the measures undertaken to curb the rise of the yen because the Asian stock closed lower..
The Nikkei index lost 325.20 points to 8824.06 units while the Topix index, which groups all the values of the first section, yielded 24.54 points, or 2.95% to 804.67 integersand the Southeast Asian stock closed lower.

The Shanghai Stock Exchange closed the day with a drop of 0.52% due mainly to losses of the securities of insurance companies and brokers.

Southeast Asian stock closed lower

The Shanghai Composite Index (convertible and non-convertible shares) ended its daily trading integers 2638.80, 0.52 or 13.86% less units below the previous asian stock close lower.
The benchmark Stock Exchange of Hong Kong, the Hang Seng lost 200.73 points, or 0.97% after which the whole stood at 20536.49.
Seoul's stock market closed with losses close to 1% yesterday down by the setbacks of the New York market, which particularly affected the technology stocks.The Kospi index of South Korean market fell 17.38 points, or 0.99% to close at 1742.75 integers, while the indicator Kosdaq technology stocks fell 1.38 points, or 0.30% up to 464.71 units.

Asian stock market lower

In Thailand, Bangkok's stock market grew by 3.54 units or 0.39% to bring the SET index in the mark of 913.19 points.In Singapore, the floor of the city-state whole fell 6.73 or 0.23%, which placed the Straits Times Index 2950.33 integersand asian stock close lower.

Yen rises across the board

The yen rose across the board on Monday after the Bank of Japan announced aggressive monetary easing measures to halt the yen's appreciation in an emergency meeting because he preferred a program only to expand the money supply.
Investors understand the measures as a symbolic gesture that will do little to stem the currency's rally, moving the pressure the Japanese government, for this act if the yen continues to rise.
Japan's currency touched an intraday high against the dollar and euro after the Bank of Japan governor, Masaaki Shirakawa, said after meeting with Prime Minister Naoto Kan that had not made any requests regarding the bank's monetary policy centralHe also declined to comment on recent exchange rate movements, following the escalation of the yen to 15-year highs against the dollar and a ceiling of nine years against the euro reached last week, which some investors took as a green light to continue buying yen.

Yen rises

"At the end of the day, extending the loan program and economic measures are too timid to produce a dramatic reversal in the rise of the yen," said Roberto Mialich, currency strategist at Unicredit in Milan.
Kan said the government will implement measures to help the economy using its reserves budget of 920,000 million yen.
Earlier, Shirakawa said that the monetary policy measures will be tied to the movement of the yen and stock markets, and that the Japanese currency's rally was due to risk aversion.

The extent of the Bank of Japan official comments encouraged investors to bet on long positions in yen, and that the comments were seen as a sign that Japan's foreign exchange intervention is not imminent.
At 1032 GMT, the dollar fell 0.7 percent on the day at least the day of 84.62 yen according to Reuters data. The dollar sank from the roof of the meeting at around 85.90 yen before Japan's central bank announced its decision.

Yen Japan`s currency

"People are betting on new short positions in the dollar / yen, after having reduced their long exposure before the meeting," said Niels Christensen, senior currency strategist at Nordea in Copenhagen.A trader in London said stop loss orders to sell dollars under the 84.90 yen accelerated the fall of the dollar.
The euro fell to about 1 percent to around 107.50 yen. The single currency lost 0.4 percent against the dollar, 1.2700.Apart from the yen exchange movements in Europe had limited due to closure of markets in London for a holiday.
Against a basket of currencies, the dollar slipped 0.1 percent to 82.842, while the dollars of Australia and New Zealand operated little changed against the dollar.

U.S. stocks closed flat on technical support

U.S. stocks rallied on Friday and closed with its biggest one-day gain in nearly four weeks, to overcome a lower sales warning from chip maker Intel and hawkish comments from Fed Chairman Ben Bernanke.
Strong buying interest from a key technical level and share purchases to cover short sales led the rebound, and the tone improved as investors assessed comments from Bernanke, in the sense that the Fed is ready to act if necessary . Bernanke said in a conference with central bankers that the recovery has weakened more than expected, and the u.s. stocks is closed but the central bank is ready to take further action if needed to stimulate the economy.

U.S. stocks

he Fed chairman downplayed concerns that the U.S. can fall back into recession. "Bernanke found the right tone by saying 'we know that things are weaker than expected, but still think we're going to overcome it,'" said Scott Marcouiller, technical strategist at Wells Fargo Advisors. the big problema that was generate the u.s. stock closed caused Intel Corp a momentary low in the major indexes to announce that its third-quarter sales may be over 1,000 million dollars under its provisions. However, u.s. stock closed and the chip maker's shares rose 1.1 percent to $ 18.37, after falling more than 15 percent since late July. The Dow Jones industrial average rose 164.84 points, or 1.65 percent, to 10150.65 points. The Standard & Poor's 500 Index gained 17.37 points, or 1.66 percent to 1064.59 points.

U.S. stocks closed

The Nasdaq Composite gained 34.94 points, or 1.65 percent, to 2153.63 points. For the week, the Dow Jones lost 0.6 percent, the S & P 500 fell 0.7 percent and the Nasdaq fell 1.2 percent. Both the Dow and the S & P 500 chained his third straight week of losses. The market and u.s. stock closed and had begun to rise, by a report of economic growth in the second quarter, but was revised down was better than expected. The debate over whether the economic recovery is losing momentum or the country is headed for a relapse into recession pressured the market. Actions that benefit most from the strength of the economy were among those who led the increases. The roles of heavy equipment maker Caterpillar rose 3 percent to $ 65.9, and those of Boeing gained 3 percent, to $ 63.16 and the u.s. stock close.

Wall Street falls on fears for economy

 U.S. stocks ended lower on Thursday and the Dow Jones industrial average fell below 10,000 points for the first time since early July, pending a revised report of economic growth in the second quarter and Wall Street falls.
The market is also aware of a speech he will give the Federal Reserve chairman, Ben Bernanke.Shares of big tech companies were among the biggest losers and the Nasdaq fell more than the Dow and the S & P 500.
Technology shares have been regarded as a barometer of economic growth. Shares of Cisco Systems fell 2.4 percent to $ 20.70, while Intel's stock slid 1.6 percent to $ 18.18 and Wall Street falls.
Stocks initially rose by data that showed initial claims for jobless benefits fell more than expected last week, but the number was still too high to show a change in the labor market.

Wall Street falls

The four-week average of initial claims, considered the best measure of trends, rose to the highest level since late November.

"The best thing you can say the optimists is that recovery is stabilizing, is no longer accelerating," said Linda Duessel, market strategist at Federated Investors."We think this is a soft patch and not a relapse into recession, but the market is setting the price and more for a relapse," he added.The Dow Jones industrial average lost 74.25 points, or 0.74 percent to 9985.81 points. The Standard & Poor's 500 gave up 8.11 points, or 0.77 percent to 1047.22 points. The Nasdaq Composite Index fell 22.85 points, or 1.07 percent to 2118.69 points.
It was the first time since July 6, the Dow closed below the psychologically important level of 10,000 points. From that time the market rebounded and chained seven consecutive sessions of gains.In his Friday speech, Bernanke may discuss the outlook for the economy, but is not expected to provide clues about whether the U.S. central bank will inject more cash into the economy to sustain ongoing recovery and Wall Street falls.
After the recent string of dismal economic data, there are fears that the GDP figures to show that the economy is weaker than originally thought.
It is expected that the reading of the Government is in a growth of 1.4 percent, below the 2.4 percent estimated a month ago.Estimates range from a range of 0.9 to 2.2 percent, according to a Reuters poll.
In the technical picture, investors are still looking for the level expected of 1,040 points on the S & P acted as a support. Some consider that a drop below that level would be a buying opportunity, as seen on Wednesday when the benchmark index briefly lost.In deal news, Dell Inc raised its bid for the data storage company 3PAR Inc. to $ 1,600 million, slightly higher than the rival Hewlett-Packard Co.
HP has released a revised proposal after the closing bell, sending a rise of 7.2 percent, to $ 27.90, the shares of 3PAR in electronic trading and Wall Street falls.

HP shares closed down 0.1 percent to $ 38.22, while Dell fell 0.3 percent to $ 11.75.

U.S. unemployment benefit applications down last week

New claims for unemployment benefits in the United States fell more than expected last week, but a measure on the underlying labor market trends rose to a nine months, data showed on Thursday the government.
Initial claims for unemployment benefits fell by 31,000 to a seasonally adjusted rate of 473,000 in the week ended Aug. 21, the Labor Department said.

U.S. unemployment applications down 

Analysts polled by Reuters had expected claims to fall to 490,000 from an initially reported figure of 500,000 the previous week, a figure that was revised up to show 504 000 in the report on Thursdayand the unemployment benefits fell.The four-week moving average of new initial claims, considered a better gauge of underlying labor market trends, rose 3250-486750, the highest since last November.