Bulletin
Investor Alert

Asia Markets Archives | Email alerts

June 14, 2013, 5:05 a.m. EDT · CORRECTED

Japanese, Thai stocks rise as Asia rebounds

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NIKKEI 225 Index (NIK)
  • X
    Japanese Yen (USDJPY)

or Cancel Already have a watchlist? Log In

By V. Phani Kumar, MarketWatch

1 2

The stock gains in Japan also followed minutes of the Bank of Japan’s last meeting released Friday, which showed a few members of the policy-setting board believed the current monetary-policy framework doesn’t rule out the possibility of further measures, if needed.

Global Dow


MarketWatch Topics: Middle East
Asia Markets | Europe Markets | Lat. Am.
Canadian Markets | Israel Stocks | London
U.S.: Market Snapshot | After Hours

Tools
Latin American and Canadian indexes
European indexes | Asian indexes

More on the Markets
Global Economic Calendar
Bond Report | Oil News | Earnings Watch
Currencies | U.S. Economic Calendar
/conga/story/misc/international.html 140756

Also reversing some recent losses, real-estate major Mitsui Fudosan Co. /zigman2/quotes/205394574/delayed JP:8801 -0.91% /zigman2/quotes/208297288/delayed MTSFF -3.41%  jumped 3.8%, and rival Mitsubishi Estate Co. /zigman2/quotes/208910776/delayed JP:8802 -0.21%   /zigman2/quotes/204837054/delayed MITEY -0.74%  climbed 4.2%. Both stocks still looked set to end the week sharply lower.

Kawasaki Heavy Industries Ltd. /zigman2/quotes/206655821/delayed JP:7012 -1.87%   /zigman2/quotes/200808822/delayed KWHIY -3.08% climbed 4.3% after the Nikkei newspaper reported the board of directors had dismissed the company’s president and scuttled merger talks with Mitsui Engineering & Shipbuilding Co. Mitsui Engineering /zigman2/quotes/203763780/delayed JP:7003 -1.49% /zigman2/quotes/205829695/delayed MIESF -34.11% gave up early gains to tumble 5.5%.

Mining issues jumped in Sydney, including a 4.7% gain in Rio Tinto Ltd. /zigman2/quotes/202627887/composite RIO -5.15%   /zigman2/quotes/200083756/delayed AU:RIO +0.72%  and a 1.4% rise for gold producer Newcrest Mining Ltd. /zigman2/quotes/203840223/delayed AU:NCM 0.00%   /zigman2/quotes/206026738/delayed NCMGF -3.30%

High-yield-dividend banking shares moved higher as the Australian dollar /zigman2/quotes/210560947/realtime/sampled AUDUSD -0.0130%  strengthened. Shares of Australia & New Zealand Banking Group /zigman2/quotes/205482049/delayed AU:ANZ +0.24%   /zigman2/quotes/203732563/delayed ANZBY -0.79%  bounced 3%, and Westpac Banking Corp. /zigman2/quotes/203084975/delayed AU:WBC +1.52%   /zigman2/quotes/206661702/composite WBK +0.12%  rose 2.7%.

Relief-buying also lifted several beleaguered shares in Seoul. Heavyweight Samsung Electronics Co. /zigman2/quotes/209800866/delayed KR:005930 -1.90% /zigman2/quotes/202367843/delayed SSNLF 0.00% rose 0.9%, and Kia Motors Corp. /zigman2/quotes/206019389/delayed KR:000270 -3.66% /zigman2/quotes/205439169/delayed KIMTF +8.21%  added 0.9%.

Among the notable gainers in Manila, Philippine Long Distance Telephone Co. /zigman2/quotes/206673237/delayed PH:TEL +0.69%   /zigman2/quotes/207980691/composite PHI -0.16%  rose 2.2% and San Miguel Corp. /zigman2/quotes/207924970/delayed PH:SMC -0.39%  jumped 6%.

Banks were leading the charge in afternoon trading in Indonesia and Thailand.

Bank Negara Indonesia ID:BBNI -1.94% soared 6.7%, and Bank Rakyat Indonesia ID:BBRI -3.98% /zigman2/quotes/206633425/delayed BKRKY -2.41%  advanced 4.1% in Jakarta; in Bangkok, Kasikornbank PCL TH:KBANK -1.26%  surged 7.6% and Siam Commercial Bank PCL TH:SCB -0.54%   climbed 5.2%.

/zigman2/quotes/205394574/delayed
JP : Japan: Tokyo
¥ 2,063.00
-19.00 -0.91%
Volume: 2.23M
Jan. 15, 2021 3:00p
P/E Ratio
15.90
Dividend Yield
2.13%
Market Cap
¥1984.90 billion
Rev. per Employee
¥91.34M
loading...
/zigman2/quotes/208297288/delayed
US : U.S.: OTC
$ 20.14
-0.71 -3.41%
Volume: 0.00
Jan. 12, 2021 5:20p
P/E Ratio
16.90
Dividend Yield
N/A
Market Cap
$19.51 billion
Rev. per Employee
$840,062
loading...
/zigman2/quotes/208910776/delayed
JP : Japan: Tokyo
¥ 1,667.00
-3.50 -0.21%
Volume: 3.01M
Jan. 15, 2021 3:00p
P/E Ratio
14.91
Dividend Yield
1.50%
Market Cap
¥2231.41 billion
Rev. per Employee
¥135.38M
loading...
/zigman2/quotes/204837054/delayed
US : U.S.: OTC
$ 15.99
-0.12 -0.74%
Volume: 23,821
Jan. 15, 2021 3:45p
P/E Ratio
15.47
Dividend Yield
1.20%
Market Cap
$21.48 billion
Rev. per Employee
$1.25M
loading...
/zigman2/quotes/206655821/delayed
JP : Japan: Tokyo
¥ 2,516.00
-48.00 -1.87%
Volume: 2.05M
Jan. 15, 2021 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥420.28 billion
Rev. per Employee
¥45.18M
loading...
/zigman2/quotes/200808822/delayed
US : U.S.: OTC
$ 9.77
-0.31 -3.08%
Volume: 1,832
Jan. 15, 2021 3:57p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$4.05 billion
Rev. per Employee
$415,504
loading...
/zigman2/quotes/203763780/delayed
JP : Japan: Tokyo
¥ 397.00
-6.00 -1.49%
Volume: 1.45M
Jan. 15, 2021 3:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
¥32.10 billion
Rev. per Employee
¥58.66M
loading...
/zigman2/quotes/205829695/delayed
US : U.S.: OTC
$ 3.67
-1.90 -34.11%
Volume: 0.00
Nov. 27, 2020 11:44a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$288.41 million
Rev. per Employee
$539,498
loading...
/zigman2/quotes/202627887/composite
US : U.S.: NYSE
$ 80.47
-4.37 -5.15%
Volume: 2.04M
Jan. 15, 2021 4:00p
P/E Ratio
18.20
Dividend Yield
4.80%
Market Cap
$134.99 billion
Rev. per Employee
$942,111
loading...
/zigman2/quotes/200083756/delayed
AU : Australia: Sydney
$ 120.52
+0.86 +0.72%
Volume: 1.14M
Jan. 15, 2021 4:10p
P/E Ratio
18.36
Dividend Yield
4.70%
Market Cap
$175.27 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/203840223/delayed
AU : Australia: Sydney
$ 26.68
0.00 0.00%
Volume: 2.18M
Jan. 15, 2021 4:10p
P/E Ratio
21.40
Dividend Yield
1.34%
Market Cap
$21.73 billion
Rev. per Employee
$6.29M
loading...
/zigman2/quotes/206026738/delayed
US : U.S.: OTC
$ 20.21
-0.69 -3.30%
Volume: 100.00
Jan. 15, 2021 3:02p
P/E Ratio
24.32
Dividend Yield
N/A
Market Cap
$16.73 billion
Rev. per Employee
$4.22M
loading...
/zigman2/quotes/210560947/realtime/sampled
US : Tullett Prebon
0.7696
-0.0001 -0.0130%
Volume: 0.0000
Jan. 15, 2021 4:59p
loading...
/zigman2/quotes/205482049/delayed
AU : Australia: Sydney
$ 24.66
+0.06 +0.24%
Volume: 5.14M
Jan. 15, 2021 4:10p
P/E Ratio
20.93
Dividend Yield
2.43%
Market Cap
$69.94 billion
Rev. per Employee
$778,092
loading...
/zigman2/quotes/203732563/delayed
US : U.S.: OTC
$ 18.88
-0.15 -0.79%
Volume: 51,026
Jan. 15, 2021 3:59p
P/E Ratio
23.62
Dividend Yield
2.24%
Market Cap
$53.87 billion
Rev. per Employee
$527,016
loading...
/zigman2/quotes/203084975/delayed
AU : Australia: Sydney
$ 21.35
+0.32 +1.52%
Volume: 9.40M
Jan. 15, 2021 4:10p
P/E Ratio
33.84
Dividend Yield
1.45%
Market Cap
$78.23 billion
Rev. per Employee
$826,888
loading...
/zigman2/quotes/206661702/composite
US : U.S.: NYSE
$ 16.35
+0.02 +0.12%
Volume: 140,193
Jan. 15, 2021 4:00p
P/E Ratio
38.27
Dividend Yield
1.38%
Market Cap
$60.25 billion
Rev. per Employee
$560,067
loading...
/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
88,000.00
-1,700 -1.90%
Volume: 33.43M
Jan. 15, 2021 3:30p
P/E Ratio
24.03
Dividend Yield
1.61%
Market Cap
₩589196.94 billion
Rev. per Employee
₩2.19B
loading...
/zigman2/quotes/202367843/delayed
US : U.S.: OTC
$ 44.20
0.00 0.00%
Volume: 350.00
Jan. 15, 2021 5:20p
P/E Ratio
14.41
Dividend Yield
N/A
Market Cap
N/A
Rev. per Employee
$1.88M
loading...
/zigman2/quotes/206019389/delayed
KR : S. Korea: KRX
71,100.00
-2,700 -3.66%
Volume: 4.44M
Jan. 15, 2021 3:30p
P/E Ratio
32.68
Dividend Yield
1.62%
Market Cap
₩28506.21 billion
Rev. per Employee
₩1.63B
loading...
/zigman2/quotes/205439169/delayed
US : U.S.: OTC
$ 30.30
+2.30 +8.21%
Volume: 100.00
Nov. 20, 2017 12:00a
P/E Ratio
16.57
Dividend Yield
N/A
Market Cap
N/A
Rev. per Employee
$1.40M
loading...
/zigman2/quotes/206673237/delayed
PH : Philippines: Manila
PhP 1,463.00
+10.00 +0.69%
Volume: 66,185
Jan. 15, 2021 12:58p
P/E Ratio
11.99
Dividend Yield
5.26%
Market Cap
PhP316.09 billion
Rev. per Employee
PhP9.01M
loading...
/zigman2/quotes/207980691/composite
US : U.S.: NYSE
$ 30.73
-0.05 -0.16%
Volume: 13,304
Jan. 15, 2021 4:00p
P/E Ratio
12.64
Dividend Yield
3.58%
Market Cap
$6.58 billion
Rev. per Employee
$173,946
loading...
/zigman2/quotes/207924970/delayed
PH : Philippines: Manila
PhP 126.50
-0.50 -0.39%
Volume: 150,610
Jan. 15, 2021 12:58p
P/E Ratio
N/A
Dividend Yield
1.11%
Market Cap
PhP300.88 billion
Rev. per Employee
PhP21.38M
loading...
ID : Indonesia: Jakarta
Rp 6,325.00
-125.00 -1.94%
Volume: 52.80M
Jan. 15, 2021 12:00a
P/E Ratio
15.16
Dividend Yield
N/A
Market Cap
Rp117828.91 billion
Rev. per Employee
Rp2.79B
loading...
ID : Indonesia: Jakarta
Rp 4,580.00
-190.00 -3.98%
Volume: 204.71M
Jan. 15, 2021 12:00a
P/E Ratio
23.76
Dividend Yield
N/A
Market Cap
Rp561486.67 billion
Rev. per Employee
Rp2.40B
loading...
/zigman2/quotes/206633425/delayed
US : U.S.: OTC
$ 16.59
-0.41 -2.41%
Volume: 24,675
Jan. 15, 2021 3:59p
P/E Ratio
24.54
Dividend Yield
4.18%
Market Cap
$40.05 billion
Rev. per Employee
$169,694
loading...
TH : Thailand: Bangkok
฿ 118.00
-1.50 -1.26%
Volume: 14.87M
Jan. 15, 2021 12:00a
P/E Ratio
11.61
Dividend Yield
3.81%
Market Cap
฿282.40 billion
Rev. per Employee
N/A
loading...
TH : Thailand: Bangkok
฿ 92.75
-0.50 -0.54%
Volume: 11.15M
Jan. 15, 2021 12:00a
P/E Ratio
11.36
Dividend Yield
5.93%
Market Cap
฿315.28 billion
Rev. per Employee
N/A
loading...

Varahabhotla Phani Kumar is a reporter in MarketWatch's Hong Kong bureau. Follow him on Twitter @MktwKumar.

1 2
This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.