MARKETS ASIA / Japan leads stock exchanges – copper price very firm | 02/22/21

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SHANGHAI / TOKYO (Dow Jones) – No uniform trend emerged on the stock exchanges in East Asia and Australia on Monday.  The  markets continue to move in the area of ​​tension between the burden of rising yields and the hope that is fueled by additional government spending and the loose monetary policy worldwide. © www.de24.news

 The  focus is still on vaccination campaigns and falling numbers of new infections.

On the Japanese market, the Nikkei-225 is up 0.8 percent to 30,243 points. According to media reports, vaccination of older people is scheduled to start in early April, albeit at a slower pace because Pfizer production is delayed. We are looking for financial and railway stocks.

Tighter monetary policy is slowing Shanghai

© www.de24.news

 The  market in Shanghai recorded minimal discounts. Participants see the fact that Beijing tightened monetary policy after the New Year celebrations as a negative factor. KGI Securities expects this to limit price gains in the Shanghai and Hong Kong markets in the near future. Nevertheless, the market in Hong Kong is continuing the rally that started the month, with the HSI gaining 0.5 percent.

On the Korean market, the index turned opening gains into the red. © www.de24.news

 The  leading index was initially driven by auto and technology stocks. Investors were encouraged by the preliminary trading data, which indicated a jump in exports of 17 percent year-on-year for the first twenty days of February. © www.de24.news

 The  heavyweight Samsung Electronics is advancing by 1.3 percent. Botox manufacturer Daewoong Pharmaceutical is 13 percent more expensive after the US partner has settled a legal dispute with competitors.

© www.de24.news

 The  share of the mobile phone manufacturer Xiaomi is now 2.6 percent in the red after strong markups on Friday. © www.de24.news

 The  fantasy about an automobile project of the company has evaporated with a denial by the company.

© www.de24.news

 The  commodity rally continues and is driving copper values ​​in particular. For the first time since 2011, the price of copper has risen above $ 9,000 per metric ton. Jiangxi Copper is 13 percent more expensive among stocks.

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Index (stock exchange) last +/-%% YTD end

S&P/ASX 200 (Sydney) 6.780,90 -0,19% +2,94% 06:00

Nikkei-225 (Tokio) 30.211,88 + 0,65% + 9,38% 07:00

Kospi (Seoul) 3.085,47 -0,71% +7,38% 07:00

Shanghai Comp. 3,696.17 -0.15% + 6.26% 08:00

Hang-Seng (Hongk.) 30,604.66 -0.13% + 12.57% 09:00

Straits-Times (Sing.) 2.891,23 +0,37% +1,30% 10:00

KLCI (Malaysia) 1,580.79 -0.26% -2.60% 10:00

Forex last +/-% 00:00 Fri, 8:21 am

EUR/USD 1,2122 -0,0% 1,2123 1,2104

EUR/JPY 128,07 +0,1% 127,89 127,84

EUR/GBP 0,8646 -0,0% 0,8649 0,8659

GBP/USD 1,4019 +0,0% 1,4015 1,3978

USD/JPY 105,66 +0,1% 105,51 105,62

USD/KRW 1105,00 -0,2% 1105,00 1106,71

USD/CNY 6,4577 -0,5% 6,4577 6,4641

USD / CNH 6.4630 + 0.2% 6,4509 6.4539

USD/HKD 7,7531 -0,0% 7,7533 7,7530

AUD/USD 0,7882 +0,1% 0,7871 0,7795

NZD / USD 0.7315 + 0.3% 0.7296 0.7237

Bitcoin

BTC / USD 56,230.50 -2.0% 57,390.50 51,716.50

ROHOEL finally VT-Settl. +/-% +/- USD

WTI/Nymex 60,00 59,24 +1,3% 0,76

Brent/ICE 63,85 62,91 +1,5% 0,94

METALS last day before +/-% +/- USD

Gold (Spot) 1.788,52 1.784,00 +0,3% +4,52

Silver (spot) 27.50 27.28 + 0.8% + 0.22

Platinum (Spot) 1,290.20 1,279.03 + 0.9% +11.18

Kupfer-Future 4,20 4,07 +3,0% +0,12

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Contact the author: [email protected]

DJG / raz / thl

(END) Dow Jones Newswires

February 22, 2021 01:06 ET (06:06 GMT)





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MARKETS ASIA Japan leads stock exchanges copper price firm

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