Thursday November 5, 10:52 PM
STOCKS NEWS ASIA-Shares to climb on Wall St gains
WELLINGTON, Nov 6 (Reuters) - Asian stocks are set to jump on
Friday as a combination of strong company results and positive
ecomomic data sent Wall St up.
The main U.S. share indices closed as much as 2.4 percent
higher, boosted by strong results from Cisco Systems (NASDAQ: CSCO - news) and
positive data on jobless claims and non-farm productivity.
British and European shares closed up to 0.6 percent higher
after the strong U.S. data, and the Bank of England and European
Central Bank (CBSU.PK - news) both left interest rates unchanged.
Japanese shares are expected to open firmer with Nikkei (news)
futures traded in Chicago 170 points above the last
closing level in Osaka.
Australian stocks are also set to rise, with share index
futures at 4,571, a 63 point premium to the underlying
S&P/ASX 200 index's close on Thursday.
The U.S. dollar rose slightly, as investors took positions
ahead of the closely watched non-farm payrolls report, with the
greenback 0.1 percent higher against the yen.
Oil prices dipped nearly 1 percent to below $80 a
barrel as doubts about future demand outweighed the positive
data.
HEADLINES:
> Wall St jumps on economic data, Cisco
> US productivity surges, job growth should follow
> US Oct retail sales suggest tepid holiday season
> Top cenbanks yet to move for exit, some eye door
> IMS agrees to $4 bln deal, biggest LBO this year
> US insider trading probe widens, ensnares 14 more
> Starbucks (NASDAQ: SBUX - news) beats view, raises target, shares up
> Boost for U.S. health reform before close vote
> Exxon-led group clinches Iraq's W.Qurna contract
> Major oil exporters eye Argus (A078670.KQ - news) switch
> Russia says GM (NYSE: GM - news) pouring US scorn on Europe
--
KEY INDEXES pct change
Bank of New York Asia ADR index +1.35
Dow Jones Industrial Average +2.08
Nasdaq Composite Index +2.42
MSCI Asia Pacific ex-Japan -2.22
Nikkei futures in Chicago 9,870
Nikkei futures in Osaka 9,700
--
ASIAN ADR ACTION:
5 most actively traded: pct change
TSMC 1.14
UMC 2.40
Siliconware 3.12
China Unicom (0762.HK - news) 4.23
AU Optronics 1.09
Top 5 performers: pct change
China Eastern 10.42
Guangshen Railway 7.88
Patni Computer 7.29
Tom Online (8282.HK - news) 6.75
Mahanagar Tel 6.33
Bottom 5 performers: pct change
Novogen -5.77
Alumina (Frankfurt: 164281 - news) -2.39
Lihir Gold (Munich: 897459 - news) -2.02
Konami Corp. -1.09
Wacoal Corp. -0.86
--
TOP ASIA EVENTS:
For more Asian company earnings, see
JAPAN - Olympus Corp H1 results
- Kirin Holdings Q3 results
- Ajinomoto H1 results
AUSTRALIA - RBA statement on monetary policy
HONG KONG - Greens Holdings Ltd trading debut
STH KOREA - Court decision on Ssangyong Motor (003620.KS - news) 's
self-rescue plan
(Reporting by Adrian Bathgate)
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