• Asian Stocks close: most stocks increased due to the increasing consumer price inflation in China

Notícias do Mercado

10 junho 2014

Asian Stocks close: most stocks increased due to the increasing consumer price inflation in China

Most Asian stock rose due to the increasing consumer price inflation in China. The Chinese consumer price index increased 2.5% in May, after a 1.8% gain in April. Analysts had expected a 2.4% rise.

The Chinese producer price index declined 1.4% in May, after a 2.0% decrease in April. Analysts had expected a 1.5% fall.

Japan’s preliminary machine tool orders decreased to 24.1% in May from 48.7% in April. April’s figure was revised down from 48.8%.

Japanese tertiary industry activity index dropped to -5.4% in April from 2.4% in March. Analysts had expected the index to fall -3.3%.

Indexes on the close:

Nikkei 225                         14,994.80                 -129.20            -0.85%

Hang Seng                         23,315.74                 +198.27           +0.86%

Shanghai Composite          2,052.53                   +22.03            +1.08%

LG Innotek Co., a supplier of camera modules for smartphones, rose 7.6%.

LG Display Co., a supplier of panels for Apple Inc., climbed 6.4%.

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