MONTREAL - Asian equity markets were down sharply last week, and volatility was very highly (0.91) correlated with the extent of individual indexes' move.
Showing posts with label Asia Pacific Index. Show all posts
Showing posts with label Asia Pacific Index. Show all posts
Wednesday, November 30, 2011
Saturday, February 19, 2011
Asian Stocks Rebound on Economic Outlook From Japan, U.S., Profit Growth
Asian stocks rebounded this week after U.S. and Japanese central banks raised their growth outlooks and companies posted better-than-estimated earnings, boosting confidence in the global recovery.
Toshiba Corp. and Elpida Memory Inc. rallied more than 3 percent in Tokyo after Dell Inc., the world’s third-largest personal-computer maker, reported profit that topped forecasts. Qantas Airways Ltd. jumped 6.3 percent after Australia’s biggest airline quadrupled net income. AMP Ltd. rose 4.3 percent as Goldman Sachs Group Inc. recommended the asset manager citing “solid” earnings results.
Toshiba Corp. and Elpida Memory Inc. rallied more than 3 percent in Tokyo after Dell Inc., the world’s third-largest personal-computer maker, reported profit that topped forecasts. Qantas Airways Ltd. jumped 6.3 percent after Australia’s biggest airline quadrupled net income. AMP Ltd. rose 4.3 percent as Goldman Sachs Group Inc. recommended the asset manager citing “solid” earnings results.
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