понедельник, 5 августа 2013 г.

ASIA STOCKS closed mixed

Japanese stocks retreated Monday as several financial and technology firms pulled back from strong recent advances, but Hong Kong shares edged higher after data showing an improvement in China’s services-sector activity.



The Nikkei Stock Average dropped 1.4% in Tokyo, after rallying in the previous two sessions, while Australia’s S&P/ASX 200 slipped 0.2% and South Korea’s Kospi eased 0.1%.

In China, Hong Kong’s Hang Seng Index rose 0.2%, though the Shanghai Composite Index slipped 0.2% in choppy trade.

Data released Monday by HSBC put its China’s Services Business Activity Index for July at 51.3, unchanged from the level seen in the June survey.

The figure followed a government-sponsored version of the service-sector survey over the weekend, which showed the July non-manufacturing index accelerated to 54.1 from 53.9 in June.

In Hong Kong trading, shares of China Resources Land Ltd. rose 2.5%, Internet major Tencent Holdings Ltd. added 1.3%, and Bank of China Ltd. gained 0.9% in Hong Kong after the Chinese services-sector data.

Among the notable decliners in Tokyo, Advantest Corp. dropped 1.3%, NTT Data Corp. shed 1.6%, insurer T&D Holdings Inc. gave up 4.3%, and banking major Mitsubishi UFJ Financial Group Inc. declined 2%.

Shares of Toyota Motor Corp. fell 0.6%, even as the auto giant posted better-than-expected earnings and lifted its annual profit outlook.

Financials declined in Sydney after strong recent gains, with Macquarie Group Ltd. losing 0.3%, and Australia & New Zealand Banking Group dropping 0.6%.

Paladin Energy Ltd. plunged 28%, after the uranium miner raised funds through a private placement of shares.

Also lower, shares of Virgin Australia Holdings Ltd. declined 3.3% after the carrier warned of a yearly loss of up to 110 million Australian dollars ($97.8 million).    



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