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

Bloomberg
Global News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 163.9 125,194
BKMB 0.46 415,058
BATELCO 0.28 241,014
SABIC 93.59 4,632,438
OTEL 1.44 122,206
RIBL 10.75 376,075
EEC 20.53 597,279
Recent News

Batelco to launch 'Bahrain WiFi' in all Seef Malls
Batelco, Bahrain's leading digital solutions provider, has signed a partnership with Seef Properties, Bahrain’s leading property management company, paving the way for the launch of ‘Bahrain WiFi’ ac

Qatar, Turkey chambers sign deal to enhance cooperation
tar Chamber has signed a cooperation agreement with the Union of Chambers and Commodity Exchanges of Turkey (TOBB) at the opening rites of the ‘2nd SMEs Conference’ held at the Ritz-Carlton Doha yest

Muscat bourse reacts again on listless trading
Downward trend continued on the Muscat bourse on Tuesday. The MSM30 Index continued its downward trajectory to close at 5,737.24 points, down by 0.15 per cent. The MSM Sharia Index ended at 858.35 p

QEWC and Nebras in deal with Masdar to develop renewable energy projec
Abu Dhabi’s renewable energy company Masdar has signed a cooperation agreement with Qatar Electricity & Water Company (QEWC) and Nebras Power at Abu Dhabi Sustainability Week to develop renewable and

UAE stocks close marginally higher on thin trade
UAE stocks rose marginally on Tuesday in lacklustre trade as oil prices continued to edge up, stoking increasing confidence of an economic rebound among market participants.

Investors have

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

Poll

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