Asian Stocks Swing Between Gain, Loss; Sun Hung Kai Drops

30/03/2012 07:53 AST

Asian stocks swung between gains and losses as the region’s benchmark equity index headed toward its biggest quarterly gain since 2010. Japanese manufacturers slid after the nation’s industrial production unexpectedly fell and investors waited for U.S. data on income and spending.

Industrial & Commercial Bank of China Ltd., the world’s most profitable lender, climbed 1.6 percent after posting earnings that exceeded estimates. Fanuc Corp. (6954), Japan’s biggest maker of factory robots, fell 2.3 percent. Sun Hung Kai Properties Ltd. (16), the world No. 2 real estate company, plunged 12 percent in Hong Kong after the firm’s co-chairmen were arrested in a corruption probe.

For more on this Click Here

Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
STC 54.89 1,262,071
QNBK 161.6 110,486
MARK 35 280,144
NBK 570 11,851,363
BATELCO 0.3 6,241
SABIC 83.83 2,118,124
ZAIN 365 9,854,706
Recent News

Banking stocks steal limelight on Muscat stock market
Despite low volume, gains in banking stocks drove the MSM 30 Index to 5,592.88 points, up 0.17 per cent. However, the MSM Shariah Index ended at 857.58 points, down 0.15 per cent.

Bank Soh

Omani bourse needs market makers to develop bond market: CMA chief
Oman’s bourse needs market-makers to develop an active secondary market for debt instruments, said a top-level official at the Capital Market Authority (CMA). The market makers, who are prevalent in

Al Khaliji reports QR425mn profit for first nine months
Khaliji, a new generation lender, has reported a net profit of QR425mn in the first nine months of this year. “Given the decline in energy prices and the challenging global market conditions, the r

Ahli Bank posts 9-month net profit of QR503.5mn
Ahli Bank has posted a net profit of QR503.5mn for nine months up to September, thus “maintaining its underlying performance” as against the corresponding period of 2015. The bank’s balance sheet gr

Mega projects drive insurance growth in Qatar’
Mege projects and this is why, as an international company, we are interested in Qatar,” country head Salim Mansour told Gulf Times on the sidelines of the opening of AXA’s new shop at The Pearl. The

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Looking ahead, what change you are more likely to make in investing in your domestic stock market?