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20110823 Follow Me 104 王航
王航
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2011-08-23
Asian Markets Descend Wall of Worry
Most Asian markets surrendered gains to end lower Monday as worries about the European debt crisis and global economic outlook kept investors on edge.

"Weak growth outlook remains the headwind for risky assets," said Prakash Sakpal, an economist at ING Financial Markets Research. "We expect no lasting respite from the ongoing risk aversion until a clear direction on additional [U.S. Federal Reserve] stimulus emerges and until [there's a] significant reduction in euro-zone debt anxiety."

Japan's Nikkei Stock Average ended 1% lower at 8623.13, as hopes that authorities would intervene to curb the yen's strength pulled the currency back from a postwar record level against the dollar, but not enough to lift shares of most exporters.

South Korea's Kospi slid 2% to 1710.70, China's Shanghai Composite dropped 0.7% to 2515.86, Australia's S&P/ASX 200 index lost 0.5% to 4082.3 and Taiwan's Taiex fell 0.4% to 7312.59.
On the plus side, India's Sensex gained 1.2% to 16341.70, and Hong Kong's Hang Seng Index overcame a drop in mainland China property developers—which skidded after China Resources Land's earnings fell short of some analysts' expectations—to finish a roller-coaster session with 0.5% gain, to 19486.87
.
"The markets are worried about liquidity in Europe," said Linus Yip, strategist at First Shanghai Securities in Hong Kong, calling the worries "understandable"—though saying there is little evidence at this point that liquidity is drying up there

The higher finish in Hong Kong came as European stocks advanced in early trading and as Dow Jones Industrial Average futures climbed in electronic trading. The DJIA futures are currently up 67.
Among index heavyweight shares, HSBC Holdings rose 2% to recover some recent losses, while China Mobile added 2.9%, benefiting from its low valuation and its appeal as a defensive stock.

But overall gains were restricted. China Resources Land, which tumbled 7.4% after first-half results disappointed some analysts, dragged some other Chinese property developers down with it: China Overseas Land & Investment fell 6.5% and Shimao Property Holdings fell 3.7%.

China Unicom Hong Kong lost 4.7% after the mobile-service provider's 3G subscriber additions in July fell short of expectations.

First Shanghai's Mr. Yip said expectations that the July consumer-price-index reading will be high were "one reason" for the high volatility in the Hong Kong market Monday.

Korean shipbuilders remained under selling pressure on worries about global demand, with Daewoo Shipbuilding & Marine Engineering losing 4.9% and Hyundai Heavy Industries shedding 4.4%.
In Tokyo, the U.S. dollar rebounded from Friday's postwar low, but continued to trade around ¥77.00. Several exporters were pressured by worries the local currency would affect their earnings and on fears about the global economic outlook.

Toyota Motor and Honda Motor each shed 2.5%, while Sony gave up 1%.

In the resources sector, gold miners rode higher on the back of surging prices, with Newcrest Mining climbing 1.7% in Sydney, Zhaojin Mining Industry gaining 0.9% in Hong Kong and Shandong Gold-Mining edging 1% higher in Shanghai. But several energy producers declined on weaker crude-oil prices: Inpex dropped 3.9% in Tokyo, Woodside Petroleum shed 1.1% in Sydney.

In Sydney, Bluescope Steel shares fell 5.7% after the company said it would close a blast furnace and abandon its export business—meaning a cut of around 1,000 jobs—as it swung to a fiscal-year loss.

PS. 大家谁愿意第二天发帖，在回帖的时候表明 OK，老会员都应该晓得，希望这个能够继续下去，便于选取the best哈，新学期马上就要到了，愿大家能够再次一起学习


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全部回复
wusi126
2011-8-23 09:09:59

South Korea's Kospi slid 2% to 1710.70, China's Shanghai Composite dropped 0.7% to 2515.86, Australia's S&P/ASX 200 index lost 0.5% to 4082.3 and Taiwan's Taiex fell 0.4% to 7312.59.
这句话应该好好学习下，用不同的词表达相同的意思 slid，drop，lost，fell
Shanghai Composite slid so much quickly，i lost a few of money

headwind  n. 1. 顶头风,逆风

ongoing   a. 1. 前进的;进行的;不间断的 n. 1. 前进 2. (常复数)举止;事态

aversion   n. 1. 厌恶,反感[S1][(+to)] 2. 讨厌的人(或事物) 3. 【废】转变方向;背离

stimulus   1.刺激源、信号资料群 2.激励 3.复数

roller coaster   1.游乐场过山车 2.娱乐场的环形滑车道 3.过山车、云霄飞车

defensive  1.为……而辩护 2.防御性 3.自卫的 4.防御的;防卫的;防守的 5.辩护的

furnace  1.炉子；熔炉 2.焊炉；熔炉 3.壁炉 4.炉膛 5.马弗炉

fiscal  1.国库的，财政的 2.财政的；会计的 3.公款的，财政的


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cglee
2011-8-23 10:49:00
There is undoubtedly still lots of uncertainties lying in the future. Even so, I think the stock index at present is relatively safety, and maybe it's time for buying.
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happylife87
2011-8-23 10:59:57
I bought a small amount of shares yesterday morning, and I lost 2% after a few hours! But I feel confident for what I've bought!
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骆驼祥子
2011-8-23 11:01:00
文章不错！下午的火车，回老家几天，发帖不是很方便，回复还行，期待新学期和大家一起学习。
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泰斗
2011-8-23 12:47:20
大家谁愿意第二天发帖，在回帖的时候表明 OK——啥意思啊？我不是老会员可以吗？
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