Wk 15 Asia mrkts, nos etc..12 Apr 2021 06:46
Stocks in Asia are mostly red only SK and Taiwan in the plus column. Japanese stocks were hit when mrkt bell- weather Yaskawa Electric a Robot maker missed the mrkts high earnings expectations. Shares off 7%. Q1 earnings season are about to be reported led off by Retailers.
In the wake of Hideki Matsuyama's win at the Masters Golf in the US Graphite Design a golf shaft maker jumped 16% along with Value Golf up 11%. Japan has over 2400 golf courses and c.10,000,000 play golf though the nos have been dropping due to the prohibitive costs. It's estimated that the ratio of players to courses is c.57,000 players to each course. The largest golf facility in the world is at Mission Hills Shenzen, a 12 course complex.
Nos:- Oil $63•02. Vix 16•70.
Gold $1739. Copper $3•998.
Palm $1126. Silver $25•200.
$1•369. €1•152. IDR 14,610.
MSCI(W) 2910. FF -22. DF -82.
Morning all.