SSE Composite Index, Hang Seng and the Nikkei 225 will have different vectors today

SSE Composite Index, Hang Seng and the Nikkei 225 will begin trading without the support of the U.S. stock market

In brief: Asian stock market: SSE Composite Index may drop, Hang Seng will grow, and the Nikkei 225 will remain at flat.

SSE Composite Index, Hang Seng and Nikkei 225 – These three indices are stuck in the leaders of Asia stock market today. Hang Seng has a much better chance of growth than other market indicators. Trading on the stock exchanges in Asia will demonstrate multidirectional quotes on a background of commodity prices, exchange rates, lack of guidance from the States, as well as macroeconomic data.

It should be recalled, that trading in the U.S. on Friday finished lower indices. Players for a long time analyzing conflicting economic data, which led to volatility in the auction. Last week the indices suffered heavy losses. As a result of trading the index of “blue chips” Dow Jones Industrial Average fell 46.05 points or 0.47%, to 9,686 points. The index of wide market S & P 500 closed lower by 4.79 points or 0.47%, at around 1023 points. “High-tech” Nasdaq Composite closed at lowering 9,57 points or 0.46% at around 2092 points. Last week the index Dow Jones Industrial Average fell by 4,5%, the index of wide market S & P 500 fell by 5%, and high-tech Nasdaq Composite has fallen off to 5.9%. The price of oil fell on Friday on the day and week under pressure from published economic data. The August futures for delivery of petroleum of mark WTI have fallen by 1,1% to $ 72.14 per barrel. Last week, oil fell by 8,5%. Gold prices rose Friday on a background of low trading volumes in the run-up to long weekend in the U.S.. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have increased by 0,4% to $ 1,207.70 per troy ounce. Last week, gold has fallen in price by 4%. The July futures for the supply of silver fell $ 0.07 to $ 17.72 per ounce. September futures for delivery of copper have fallen in price on 1,4% to $ 2.92 per pound. By buying at low prices on Monday at the close of trading on the Tokyo Stock Exchange Nikkei index rose by 0.69%. At the close of the trading session the index, reflecting the quotation of securities 225 leading companies in Japan, amounted to 9,266.78 points, which is 63.07 points higher than the previous trading day. At the close of trading Topix index increased 5.91 points, or 0.71% to 836.89 points.

In connection with the celebration of Independence Day in the U.S. trading volume was low. At the time of closing Hang Seng index in Hong Kong Stock Exchange amounted to 19,842 points, fell by 63 points or 0.32% compared with the previous trading session. Index of shares in public enterprises inland areas of China, listed on the Stock Exchange, was at the close of trading 11,184 points, fell by 63 points or 0.56%. Covokupny index of securities on the Shanghai Stock Exchange at the close of trading amounted to 2363.95 points, fell by 18.95 points or 0.8% compared with the previous trading session.

Ukrainian Globalist
2010-07-05 23:45, Economics.

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