CALDEIRÃO DE BOLSA

batigol Escreveu:Será esta a correcção que já muitos vislubravam ou é uma sobrereação ao escandalo da empresa IT (2 dias atrás)e dos pessimos resultados de Intel e Yahoo?



Grazze mille

batigol Escreveu:Os fundamentais da economia japonesa continuam bem, o governo japonês está determinado em relançar a economia e até o USDJPY está a ajudar....que pensam sobre isto? é de esquecer o Nikkei por uns tempos ou vale a pena aproveitar para entrar? Grazze mille

FRM Escreveu:Ontem no Nikkei no final da sessão houve uma paragem forçada por excesso de ordens. Alguém tem mais informação sobre isto?

Foi apurado se foi por razões técnicas?

JB05FLOP Escreveu:Olá a todos, estou investidissimo no Japão (fundos de investimento), face aos bons resultados, estou a pensar reforçar, através de um call warrant com maturidade de Jun/06 e preço de exercício 17000 JPY.

Será boa altura?

Têm vindo a ser criadas LTAs cada vez mais pronunciadas, anda muito dinheiro estrangeiro a entar, resultado das boas prespectivas macro e aparentemente caminho livre até aos 1700.
A enorme força da subida pode não ser muito saudável e o índice está sobrecomprado, pelo que tenho alguma dúvida em investir mais.

Alguém segue? Algém tem opinião se puderem fazer uma análise...

Desde já obrigado

Nikkei slips for 3rd session as high yen weighs
Fri Dec 16, 2005 03:02 AM ET
(Adds Kao, comments)
By Eriko Amaha

TOKYO, Dec 16 (Reuters) - The Nikkei share average slipped 0.53 percent on Friday, extending losses to a third session, as investors sold exporters including Matsushita Electric Industrial Co. Ltd. (6752.T: Quote, Profile, Research) due to a stronger yen.

Teikoku Oil Co. Ltd. (1601.T: Quote, Profile, Research) and other energy stocks fell as oil stayed below $60 a barrel, but NTT DoCoMo Inc. (9437.T: Quote, Profile, Research) rose 0.6 percent to 179,000 yen after it said on Thursday it would buy 10 percent of South Korea's KTF Co. Ltd. (032390.KS: Quote, Profile, Research) .

Analysts said indices would struggle to rise as the holiday season approached and as caution after recent large, rapid gains put a lid on the market.

"It looks like foreign investors are squaring positions ahead of Christmas in instruments they have amassed such as the dollar, gold and Japanese stocks," said Masayoshi Yano, senior manager of investment information at Tokai Tokyo Securities Co. Ltd.

Nagayuki Yamagishi, a strategist at Mitsubishi UFJ Securities, said the Nikkei would likely face a short-term correction next quarter in which it could fall to the 14,000 level.

"The market has factored in all the good news, and the current levels look a bit high," he said.

"Investors may be looking for an exit," he added.

The Nikkei closed down 81.37 points at 15,173.07, after falling as low as 15,095.56 in the morning. The benchmark had lost more than 500 points in the previous two sessions and suffered its first three-day fall in two months.

The Nikkei fell 1.5 percent on the week, its biggest such loss since mid-October.

The broader TOPIX index was down 0.18 percent on the day at 1,580.78.

The yen shot to a six-week high against the dollar and a one-month peak versus the euro on Friday, keeping some technology stocks from advancing.

Matsushita Electric Industrial Co. Ltd. (6752.T: Quote, Profile, Research) , maker of Panasonic products, fell 1.8 percent to a month low of 2,215 yen. Its rival Sony Corp. (6758.T: Quote, Profile, Research) fell 1.2 percent to 4,280 yen.

TDK Corp. (6762.T: Quote, Profile, Research) ended down 1.4 percent at 9,260 yen after it told Reuters it posted a record month of sales in November on robust demand for flat-panel TVs and notebook PCs, and predicted a seasonal orders dip in January-March 2006 would be smaller than usual. [ID:nTKV002428]

Oil developer Teikoku Oil tumbled 3.8 percent to 1,482 yen and refiner Nippon Oil Corp. (5001.T: Quote, Profile, Research) lost 0.9 percent to 916 yen after U.S. crude oil futures held just below $60 in ACCESS electronic trade. That followed forecasts for milder U.S. weather that sent natural gas prices down 6.1 percent on Thursday.

Mizuho Financial (8411.T: Quote, Profile, Research) , Japan's second-largest lender, gained 1.4 percent to 941,000 yen. Resona Holdings Inc. (8308.T: Quote, Profile, Research) , the fourth-biggest bank, added 1.3 percent to 484,000 yen.

Nippon Sheet Glass Co. Ltd. (5202.T: Quote, Profile, Research) fell 4.9 percent to 525 yen after its revised bid was turned down by British glass maker Pilkington Plc (PILK.L: Quote, Profile, Research) . Nippon Sheet said the two companies were no longer in talks but that it was reviewing its position.

CORRECTION NEEDED

Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management, said the short-term correction was necessary but he expected the market to surge in the next fiscal year, backed by easing monetary policy and steady economic growth. "It's been only a year or two since the long bear market ended. It's still a young bull market," he said.

"This is a market where the price-to-earnings ratio for the Nikkei could rise as high as to 27 times," he added.

Meanwhile, after the market closed, Japan's state-backed turnaround body said a consortium led by the country's top household products maker, Kao Corp. (4452.T: Quote, Profile, Research) , would buy cosmetics and food group Kanebo.

Kao ended up 0.7 percent at 3,120 yen.

Trade activity hit its lowest so far this month, with 2.46 billion shares changing hands on the Tokyo exchange's first section. Decliners beat advancers 892 to 665.

Bolsas asiáticas em máximos de mais de 5 anos
As bolsas asiáticas atingiram máximos de mais de cinco anos, com os dados económicos nos Estados Unidos a indicarem um crescimento económico, sem aumento da inflação.
Paulo Moutinho
paulomoutinho@mediafin.pt


As bolsas asiáticas atingiram máximos de mais de cinco anos, com os dados económicos nos Estados Unidos a indicarem um crescimento económico, sem aumento da inflação.

O Nikkei, da bolsa de Tóquio, valorizou 1,92% para 15.421,60 pontos, o valor de fecho mais elevado desde Outubro de 2000. Outras bolsas asiáticas também atingiram máximos, suportadas pelos ganhos acima de 1% verificados ontem nos índices norte-americanos.

A Sony, a Samsung e os fabricantes de automóveis Honda e Toyota, os principais exportadores asiáticos para os EUA, estão a beneficiar de um forte crescimento da economia do norte-americana, bem como da valorização do dólar face ao iene.

Os dados revelados nos últimos dias indicam uma subida nos gastos dos consumidores e um aumento das encomendas às fabricas, ao mesmo tempo que o número de primeiros pedidos de subsídio de desemprego e os gastos das fábricas registam uma diminuição, dando sinais de que a economia dos EUA está a crescer, com a inflação controlada.

heterocedastico Escreveu:E agora? Apontas para os 21000?

Obrigado

Japan Stocks May Rise, Helping to Send the Nikkei Above 14,000

Nov. 4 (Bloomberg) -- Japanese stocks may rise, taking the Nikkei 225 Stock Average above 14,000 for the first time in more than four years. Exporters such as Canon Inc. may gain after reports showed the biggest part of the U.S. economy was stronger than forecast, while worker productivity increased.

``We'll be trying for 14,000'' on the Nikkei, said Yutaka Miura, an equities manager at Shinko Securities Co. in Tokyo. The U.S. reports ``will likely help gains in technology'' and other export related shares.

The last time the Nikkei was above 14,000 was on May 23, 2001. Nikkei 225 futures expiring in December closed in Chicago at 14,070, up from their previous closes of 13,840 in Osaka and 13,850 in Singapore.

On Nov. 2, the Nikkei gained 0.2 percent to 13,894.78 in Tokyo, the highest since May 24, 2001. The broader Topix index added 0.1 percent to 1474.25, the highest since Oct. 10, 2000.

Japanese markets were closed yesterday to celebrate the Culture Day holiday.

Companies that rely on sales in the U.S., Japan's biggest export market, may gain. Canon, the world's largest seller of digital cameras, generated 75 percent of its sales from overseas last year. Toyota Motor Corp., the world's largest automaker by value, had 60 percent of its sales outside Japan last fiscal year

The Institute for Supply Management's measure of non- manufacturers that make up 87 percent of the U.S. economy rose to 60 last month from 53.3, the biggest jump in three years.

U.S. Economy

U.S. productivity last quarter rose by the most in a year, while labor costs fell for the first time in more than a year.

Meanwhile, Federal Reserve Chairman Alan Greenspan said economic growth in the U.S. remains ``firm.''

Semiconductor-related shares may climb after Qualcomm Inc., the world's second-largest maker of chips for mobile phones, reported a quarterly profit that beat some analysts forecasts.

Elpida Memory Inc., Japan's largest maker of memory chips used in computers and consumer electronics, and Murata Manufacturing Co., the largest maker of ceramic capacitors used to regulate electricity in mobile-phone handsets, may gain.

Elsewhere, oil producers such as Inpex Corp., Japan's biggest, may gain along with a jump in oil prices. Crude oil for December delivery rose 3.4 percent to $61.78 a barrel in New York, the highest close since Oct. 25.

Teikoku Oil Co. may report a 60 percent jump in full-year profit to a record 15 billion yen ($128 million) as higher oil prices boost earnings, the Nihon Keizai newspaper said yesterday.

Teikoku raised its full-year profit forecast to 13.8 billion yen in August when it released first-half earnings results.

AFX News Limited
Tokyo shares close at four-year highs after system glitch cuts session UPDATE
11.01.2005, 02:35 AM

(Updating with full report)

TOKYO (AFX) - Share prices closed sharply higher, with the benchmark Nikkei index hitting its highest level in more than four years, in a session cut short by a system glitch, dealers said.

Dealers said investors snapped up shares when trading at the Tokyo Stock Exchange resumed more than four hours after the market opened amid optimism on the Japanese economy following an upbeat outlook from the Bank of Japan and a cabinet revamp.

The Nikkei 225 Stock Average closed up 261.36 points or 1.9 pct at 13,867.86, its high of the day. It was the highest close for the index since May 24, 2001, when it ended at 13,895.79.

The broader TOPIX index of all First Section shares surged 28.29 points or 2.0 pct to 1,473.02, also its best level for the day.

Gainers overwhelmed losers 1,211 to 355, with 97 issues unchanged.

The shortened trading session cut volume turnover to 1.80 bln shares from 2.71 bln shares yesterday.

Trading at the TSE started only at 1.30 pm (0430 GMT) because of a technical glitch.

It was the bourse's first major system failure since Aug 1, 1997.

TSE managing director Tomio Amano blamed the suspension on a defect in software introduced in October for processing data from securities companies.

He said the TSE may seek compensation from Fujitsu Ltd, the company that developed the software, which was introduced as part of a system expansion in response to rising trading volume.

'Yesterday, the TOPIX was already strong, and investors had expected stocks would rise today. So even during the suspension, futures were really bullish,' said Hideyuki Suzuki, a strategist at SBI Securities.

The bourse said trading of futures and options were not affected.

Suzuki attributed the market's bullish sentiment to the cabinet reshuffle ordered by Prime Minister Junichiro Koizumi yesterday as well as the Bank of Japan's latest outlook on economic activity and prices.

In its biannual report, the central bank said it expects the economy to escape decisively from deflation by next year. The BoJ upgraded its growth forecast for gross domestic product for the current year to March 2006 to 2.2 pct from 1.3 pct growth projected six months ago.

For the next fiscal year to March 2007, the board sees Japan's GDP growth slowing to 1.8 pct but still above the nation's growth potential estimated at around 1.0 pct.

Suzuki said those news reassured investors that the government is bent on pursuing structural reforms and that the economy is on the path to recovery.

Almost all sectors gained particularly construction, real estate and banking.

Among construction contractors, Toa jumped 22 yen or 9.1 pct to 264, Obayashi leapt 50 yen or 5.9 pct to 899, Kajima climbed 27 yen or 4.5 pct to 628 and Taisei added 17 yen or 3.3 pct to 530.

In the banking sector, Sumitomo Mitsui Financial Group gained 80,000 yen or 7.5 pct to 1,150,000, Resona Holdings surged 26,000 yen or 7.8 pct to 361,000, Mitsubishi UFJ Financial Group rose 70,000 yen or 4.8 pct to 1,520,000 and Mizuho Financial Group soared 31,000 yen or 4.0 pct to 803,000.

Among real estate firms, Daikyo leapt 90 yen or 14.1 pct to 730, Sumitomo Reality and Development jumped 122 yen or 6.5 pct to 1,992 and Heiwa Real Estate rose 28 yen or 4.7 pct to 622.

Mitsui Fudosan climbed 145 yen or 7.3 pct to 2,135 after Japan's largest property developer said it made a net profit of 23.25 bln yen in the first half to September, reversing a loss of 7.5 bln a year earlier, as property demand recovered lifting prices.

Suzuki Motor surged 145 yen or 7.3 pct to 2,135 after the automaker said its net profit for the first half rose 7.9 pct to a record 30.9 bln yen, owing to brisk sales and foreign exchange gains.

Hitachi gained 9 yen or 1.3 pct to 720 despite posting a net loss in the first half due to falling prices of its digital consumer electronic products and devices which forced it to slash its full-year forecasts.

Pioneer retreated 17 yen or 1.2 pct to 1,444 after it said it incurred a first-half net loss of 12.26 bln yen, against a profit of 4.81 bln last year.

TDK jumped 520 yen or 6.7 pct to 8,330 after the world's largest maker of magnetic heads for hard disk drives said its first-half net profit rose to 21.67 bln yen from 19.87 bln a year earlier.

kiyori.ueno@xfn.com

ku/mas