Wednesday, August 27, 2014

Seoul stock exchange closes at an all-time high of 0.33%, drawn by Samsumg

SAO PAULO-The Asian exchanges closed without direction only on Tuesday, with the Hang Seng index, the Hong Kong stock exchange, registering low of 0.62%, to 24,918 .75 points, and the other major markets of the continent ending sessions in high light, pulled by the tech stocks. The local market sentiment was tempered by optimism about the pace of global economic recovery, amid expectations that the European Central Bank (ECB) will take new initiatives to support loosening the resumption in the euro area.
In Seoul, the Kospi index ended 0.33 percent on high, to 2,074 .93 points, with Samsung at a high of 0.7%. The local market was spurred by the perception that stimulus measures adopted by the Government and the interest rate cut by the Bank of Korea reference this month will contribute to reduce the decrease in exposure of investors to bonds and expand participation in actions, says report by Barclays.
In Tokyo, caution prevailed after the series of recently accumulated gains for the local market. With that, the Nikkei index closed near the day high stability of 0.09%, to 15,534 .82 points.
In China, the Shanghai Composite Index ended the day with a gain of 0.11 percent, to 2,209 .47 points, while in Hong Kong the Hang Seng Index closed down for the second consecutive session, of 0.62%, to 24,918 .75 points, with few signs of corporate results. "There has been very little volatility in Asia and operators, to a large extent, have preferred to stay on the sidelines, keeping their positions, no matter in which asset class," says the IG.
Valor Econômico - 27/08/2014
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