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Asia Market Update

Nikkei in Tokyo Searches Direction, Industrial Production Pace Quickens
May 31, 2013 9:12 AM ET
Market indexes in Tokyo closed higher in a volatile week of trading as the indexes search a level to settle. The Nikkei has soared more than 70% in the last one year of trading and has corrected 11% from its peak in May and has struggled to find a direction in the last ten trading days. >>

India Movers: BEL, Berger, DLF, GMR, MMTC, SAIL, Suzlon, Torrent
May 31, 2013 8:20 AM ET
BEL profit and sales surged. Berger Paints net edged up. DLF net swung to loss as revenue declined 16%.GMR Infra net swung to profit. MMTC and SAIL net tumbled. Suzlon Energy net loss widened. Torrent Pharma net swung to profit. >>

Nikkei Plunges 5%
May 30, 2013 9:34 AM ET
The Nikkei index plunged 5% and the Topix index dropped 3.8% as investors feared market surge may have been overdone. The yen eased and electronics exporters and automakers led the decliners. Fast Retailing plunged 11%. >>

India Movers: Cadila, Cipla, IOC, M&M, NMDC, ONGC, Tata, Torrent
May 30, 2013 8:37 AM ET
Cadila Health net surged 54% but Cipla net declined 8%. IOC net profit climbed but ONGC profit plunged. M&M net surged. Madras Cements and NMDC net tumbled. Tata Motors net swung to a loss. Torrent Power net plunged. >>

India Movers: Aditya Birla, Godrej, Hindalco, Power Grid, Sun Pharma
May 29, 2013 8:20 AM ET
Aditya Birla Nuvo sales and profit jumped. Godrej net surged and HDIL net swung to loss. Hindalco and NHPC profit plunged more than 25%. Power Grid and REC net climbed. Sun Pharma net soared 23% and Vardhman profit surged. >>

Nikkei and Japanese Bond Yields Rise, Yen Eases
May 29, 2013 8:09 AM ET
Nikkei index in Tokyo closed higher as retail investors increased stock exposure and the yen weakened. Life insurance companies gained after 10-year Japanese government bond yield rose to 0.95%. >>

Nikkei Reverses Course for Now as the Yen Slides
May 28, 2013 9:16 AM ET
The Nikkei index in Tokyo jumped as much as 1.4% after two-day decline of more than 10%. The yen reversed its course and export sensitive companies led the rebound. Sony and Panasonic are increasingly focusing on the markets in India as the demand for electronic devices boom. >>

India Movers: Colgate, CESE, GAIL, Jindal, Nalco, Tata Chemicals
May 28, 2013 8:17 AM ET
Colgate profit slid but sales jumped. CESE revenue grew 9%. GAIL (India) net and revenues climbed. Havell''s net surged and Nalco net dropped. Tata Chemicals net swung to loss. Tata Global Beverages profit soared 19%. >>

Rise-and-Rise in Nikkei is Followed by 2-Day Fall
May 27, 2013 12:17 PM ET
Stocks in Tokyo extended losses for the second day and compounded 2-day loss to 10% as retail investors and computer based trading retrenched. The today’s decline was prompted by the cautionary tone in the latest minutes of meeting released by the Bank of Japan. >>

India Movers: Britannia, Crompton, CCI, Jet Airways, Oil India, Wockhardt
May 27, 2013 9:55 AM ET
Britannia sales and profit surged. Crompton sales rose but net plunged 75%. CCI net edged down and Gujarat NRE Coke net swung to profit. Jet Airways net loss widened. Oil India profit soared 72%. RCom raised mobile call rates by 33%. Wockhardt net swung to profit. >>

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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc