By the end of the trading session, the MSCI Asia Pacific index grew by 1.47% to 756.82 points. Japan’s Nikkei 225 saw growth by 2.05% to 9301.32 points. China’s Shanghai Composite increased by 1.54%, while Taiwan’s Taiex went up by 0.78%. South Corea’s Kospi gained 0.70%. India’s Sensex grew by 1.86%.
Foster’s Group Ltd., the largest Australian producer of beer and wine, reported losses in the second half of the fiscal year after a writedown in its wine business. Brewing company’s net loss amounted to 820.1 million Australian dollars in the first half-year that ended in June, compared with a net profit of 27 million Australian dollars previous year, the company said.
China’s largest retailer of women’s shoes Belle International Holdings has published data on the growth of profit in the first half by 37%. It is reported that net profit rose to 1.56 billion yuan ($ 229 million) or 0.18 yuan per share, compared with 1.14 billion yuan or 0.13 yuan per share for the same period a year earlier.
The Dow Jones Industrial Average continues to lose in price. The Dow Jones Industrial is 10,321.92 points, decreasing by 0.55%. United Technologies Corporation (NYSE: UTX) is close to 70.62 points, losing -0.65 (-0.91%) today. The Coca-Cola Company (NYSE: KO) shares go into the red zone.
Nestle SA, the largest food company in the world, reported a more rapid growth in sales in the first half than expected. Their volume for January-June increased by 6,1%, while analysts predicted an increase of 6%.
The Herbalife Ltd. (NYSE: HLF) started the U.S. stock market trading in the green zone. Herbalife Ltd. shares rose 55.13 points to mark. Herbalife played with bears +5.94 points (12.08%).
The Procter & Gamble Company (NYSE: PG) up 62.06 points, gaining +0.90 up to the U.S. stock market trading yesterday. Pre-market for Procter & Gamble Co closed in the red zone: 59.90 (-3.48%). Dow Jones Industrial Average may go into the red zone against the background of several blue chips fall.
Genzyme Corporation (NASDAQ: GENZ) stayed in the green area at around 70.36 yesterday. Genzyme Co shares gained +0.80 (1.15%). Pre-market today: 71.88 +1.52 (2.16%). The good news are supporting the bulls.
Asia’s largest producer of semiconductors, flat-screen televisions and mobile phones Samsung Electronics (LON:SMSN) said that profit in the second quarter increased by 83% to a record due to the increased demand for microchips for computers.
The world of luxury remains true to tradition. Employer aging politicians (Tony Blair and Mikhail Gorbachev) LVMH records highest revenue in recent years. Experts say the restoration of luxury goods sales. The world’s largest producer of luxury goods LVMH (Moet Hennessy Louis Vuitton) has reported about net profit 53% increasing to 1.05 billion euros ($ 1.36 billion)for the first half of the year.