Led Cap

By Camper Calvin  

Led Cap
Fall Energy bags Asia, Led by PetroChina?

(Bloomberg, August 15, 2006) – Asian stocks fell the most energy in nearly a month, led by PetroChina Co. and Woodside Petroleum Ltd., after a cease-fire in Lebanon drove oil prices lower. The Morgan Stanley Capital International Asia Pacific Index was little changed at 127.01 as of 11:40 am in Tokyo. Energy stocks were the biggest drop in percentage between the extent of 10 industry groups. “ The cease-fire in the Middle East is part of the reason why oil prices were weaker,'' Said Tim Barker at BT Financial Group, which manages and advises on the equivalent of $ 54 billion, including resources stocks. “ Oil stocks continued during the months of agree with him.''Japanese non-financial companies that issue non-bank credit cards, including Orix Corp. rose after the newspaper Nihon Keizai said the government may exempt some small loans from a cap rate schedule. Sony Corp. fell after Dell Inc. Source: http://www.zoomchina.com.cn/index.php?/content/view/11202/1/

Click OK. What is your question? And what is the pertenance in the last paragraph? Let me assume that the question might be Is this a good time to buy Petro China? Answer: Wait a few days and see if it falls more. If you notice, the oil reserves are subject to fluctuations price which usually last less than a month. The current recovery has been running 2 1 / 2 months. This is due to a correction. Could use at least 90.

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