Wednesday, December 26, 2007

Japan stocks rise on thin trading

Japanese stocks jumped to close at a two-week high with the benchmark Nikkei index ending trading up 1.9% to finish Tuesday's business at 15,552.59.

Trading was light after Monday's holiday in Japan and with most overseas investors closed for Christmas.Japanese shipping companies, financial groups and industrial companies such as Hitachi led the gains.
The Nikkei-225 stock index has so far dropped nearly 10% this year after gaining 6.9% in 2006.
A slightly weakening US dollar and a rally on Wall Street contributed to Tuesday's gains, said analysts.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ICICI Bank

ICICI Bank is India's second-largest bank with total assets of Rs. 3,446.58 billion (US$ 79 billion) at March 31, 2007 and profit after tax of Rs. 31.10 billion for fiscal 2007. ICICI Bank is the most valuable bank in India in terms of market capitalization and is ranked third amongst all the companies listed on the Indian stock exchanges in terms of free float market capitalisation*. The Bank has a network of about 950 branches and 3,300 ATMs in India and presence in 17 countries. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in Singapore, Bahrain, Hong Kong, Sri Lanka and Dubai International Finance Centre and representative offices in the United States, United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established a branch in Belgium.
ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).