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Hilbroy Advisory: Japanese stocks rebound on gains in Asia
Hilbroy Advisory: Japanese stocks rebound on gains in Asia
Tokyo stocks opened lower with exporters dragged down by a stronger yen, but both the Nikkei and the Topix recovered sharply in the afternoon as major Asian stock indices climbed.
Montreal,
Quebec,
Canada
(prbd.net)
01/03/2011
Montreal, Quebec, February 28, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports : Japanese stocks rebounded Monday, rising nearly 1 per cent after an early drop, as investor sentiment was boosted by gains in major Asian markets.
The benchmark Nikkei 225 Stock Average gained 97.33 points, or 0.92 per cent, to close at 10,624.09 while the broader Topix index was up 9.34 points, or 0.99 per cent, at 951.27. For the month, the Nikkei rose 3.77 per cent while the Topix was up 4.53 per cent.
Tokyo stocks opened lower with exporters dragged down by a stronger yen, but both the Nikkei and the Topix recovered sharply in the afternoon as major Asian stock indices climbed.
China's Shanghai Composite Index was up 0.71 per cent as of 1:45 pm (0545 GMT) while Hong Kong's Hang Seng Index rose 0.78 per cent as of 12:30 pm (0430 GMT).
The Japanese government said the nation's industrial production climbed a seasonally adjusted 2.4 per cent in January from the previous month, marking the third-consecutive monthly increase.
While the figure was below the 3.8-per-cent rise forecast by economists in a survey by the Kyodo News agency, the Ministry of Economy, Trade and Industry said in a preliminary report that production 'continues to show an upward movement.'
Despite the sharp stock rebound, investors were still concerned about ongoing political turmoil in the Middle East, especially in Libya, a major oil producer.
On Sunday, Libyan leader Moamer Gaddafi insisted Libya's capital, Tripoli, remained under his control as his opponents took control of more Libyan cities.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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