equityresearch
Equity Research
Most Asian stocks declined amid concerns a rally that took the MSCI Asia Pacific Index to a 10‐ week high yesterday had overvalued earnings prospects. Seven stocks declined for every six that rose on the MSCI Asia
Pacific Index, which lost 0.2 % to 125.68. The gauge has climbed 10 %
from a more‐ than‐two‐month low on Feb. 8 as improving U.S. jobs data, a Federal Reserve pledge to keep borrowing costs low and a Japanese bank‐lending program eased concern that budget deficits in Europe will derail the revival in the global economy.
http://www.nirmalbang.com/Upload/Daily310310.pdf
Pacific Index, which lost 0.2 % to 125.68. The gauge has climbed 10 %
from a more‐ than‐two‐month low on Feb. 8 as improving U.S. jobs data, a Federal Reserve pledge to keep borrowing costs low and a Japanese bank‐lending program eased concern that budget deficits in Europe will derail the revival in the global economy.
http://www.nirmalbang.com/Upload/Daily310310.pdf