For the final session of the year, the Asian market is in the green, in the wake of Wall Street. But the major indexes were down this year, the Nikkei yielding 17.3%, its worst year since 1982. The Asian market ended its last meeting in 2011 up slightly. The Nikkei in Tokyo closing on Friday up 0.67% to 8455.35 points. This does not prevent the index recorded a heavy loss of 17.46% over the year (the worst since 1982), marked in Japan by the devastating earthquake and tsunami of March 11 and the nuclear disaster at Fukushima . The plant operator Tepco has also lost more than 90% of its value since March. The Nikkei sign and its second consecutive annual decline and reaches its lowest level since year-end 1982.
Hong Kong now shows an increase of 0.29% to 18,450.75 points while Shanghai rose 0.77% to 2190.25 points. Annual performance of the two Chinese places is worse than that of Tokyo: the Hang Seng lost 21.81% and the index of Shanghai loose compost 22.10%. Only the Sydney Stock Exchange now lost 0.36% to 4056.60 points. Note that Seoul is closed because of a national holiday. Asian markets fall in the wake of Wall Street, revitalized yesterday by the publication of macroeconomic indicators reassuring: ISM index of activity in the Chicago area held steady in December, While analysts were expecting a slowdown. In addition, the promise of home sales jumped their highest level since April 2010. This good news has rEdon confidence to European marketsHitherto gloomy after bond issue halftone of Italy.
Another reason for caution: the signs of a slowdown in Chinese growth is increasing. According to the PMI purchasing managers released today by HSBC, China’s manufacturing activity continued to deterorier in December, weighed down by the crisis on the European and American markets. Beijing also announced yesterday that it would limit foreign investments of car manufacturers on its soil to encourage its domestic industry. China is now the biggest car market in the world.
As for currencies, the euro barely back on their feet after the sudden drop against the dollar yesterday. Faced with the Japanese currency: the European currency this morning is 100.28 yen after touching a low of 100.03 yen to ten years.