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AONNY Aeon Co Ltd (PK)

21.74
-0.36 (-1.63%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aeon Co Ltd (PK) USOTC:AONNY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.36 -1.63% 21.74 21.28 22.25 21.99 21.73 21.74 10,999 21:02:42

ASIA MARKETS: Australia Stocks Rise As Japan, Korea Waver

10/07/2013 2:39am

Dow Jones News


Aeon (PK) (USOTC:AONNY)
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By V. Phani Kumar, MarketWatch

HONG KONG (MarketWatch) -- Australian stocks advanced Wednesday after U.S. equities clinched a fourth straight day of gains, while Japanese shares wavered one day ahead of the central bank's decision on monetary policy.

Australia's S&P/ASX 200 rose 0.9%, while South Korea's Kospi fell 0.3%, also turning choppy ahead of the Bank of Korea's decision on interest rates due Thursday.

The Nikkei Stock Average rose 0.3% in choppy trading in Tokyo that saw the benchmark fall earlier in the morning. The Nikkei Average had ended at a six-week high on Tuesday.

U.S. stocks extended their rally Tuesday on an improving economic outlook, pushing the Standard & Poor's 500 Index (SPX) closer toward its all-time high, with commodity prices also booking gains overnight.

Energy shares gained as U.S. benchmark oil prices ended at their best level in 14 months. Following those gains, Australia's Origin Energy Ltd. (ORG.AU) climbed 1.4%, and Woodside Petroleum Ltd. (WOPEY) rose 1% in Sydney, while Inpex Corp. (IPXHF) edged up 0.2% in Tokyo.

Australian miners also rose after aluminum producer Alcoa Inc. (AA) played down concerns about a slowdown in China and as gold prices rose for a second day.

BHP Billiton Ltd. (BHP) and Rio Tinto Ltd. (RIO) rose by 1.9% each, and Alumina Ltd. (AWC) advanced 2.4%.

Meanwhile, the Tokyo market was weighed by a decline in some technology shares after recent advances.

 
   Shares of Trend Micro Inc.   (TMICY) fell 1.7%, and Toshiba Corp. (TOSYY) eased 1%. 
 

Gains for consumer and retail stocks supported the market, however, with Suntory Beverage & Food Ltd. rising 3%, and Asahi Group Holdings Ltd. (ASBRY) climbing 1.5%.

Shares of retailer Aeon Co. (AONNY) gained 2.3% after reporting an increase in its quarterly profits.

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