Stocks in Asia traded higher on Wednesday. The Japanese stocks rose as we can see that the Nikkei 225 index increased by 0.38%. The stocks advanced on the back of weaker Japanese Yen, which suffered some losses due to speculation over pension fund reform. When the Japanese currency depreciated, the export increase, which boost the sales of electronic, companies e.g. Sony (which finished today 2.7% up). The Hong Kong’s index HSI reached the 6-year maximum. The main driver were equities of Bank of China which increased by 2.79%.
Stock in Europe are slightly up, boosted by recent turnover in Ukraine. Russian president Putin and Ukrainian president Poroshenko agreed on a ceasefire. This step calmed down the nervousness on the market and caused the movement up in the European indices. DAX is rising 1.47% with a main leaders – Commerzbank AG (3.21%), Deutsche Bank AG (3.13%) .
American stocks were traded mixed. Price of Intel Corp decreased by 1% despite the fact that Intel has employed an ex-senior executive at competitor, Qualcomm. Also compare to the other industry stock, the price of Intel is relatively inexpensive in terms of forecasted earnings.
September 3, 2014 – Stock Market News
Hot Asset For Today: Intel
Stocks in Asia traded higher on Wednesday. The Japanese stocks rose as we can see that the Nikkei 225 index increased by 0.38%. The stocks advanced on the back of weaker Japanese Yen, which suffered some losses due to speculation over pension fund reform. When the Japanese currency depreciated, the export increase, which boost the sales of electronic, companies e.g. Sony (which finished today 2.7% up). The Hong Kong’s index HSI reached the 6-year maximum. The main driver were equities of Bank of China which increased by 2.79%.
Stock in Europe are slightly up, boosted by recent turnover in Ukraine. Russian president Putin and Ukrainian president Poroshenko agreed on a ceasefire. This step calmed down the nervousness on the market and caused the movement up in the European indices. DAX is rising 1.47% with a main leaders – Commerzbank AG (3.21%), Deutsche Bank AG (3.13%) .
American stocks were traded mixed. Price of Intel Corp decreased by 1% despite the fact that Intel has employed an ex-senior executive at competitor, Qualcomm. Also compare to the other industry stock, the price of Intel is relatively inexpensive in terms of forecasted earnings.
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