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Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and... More
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  • Koyal Group Enhances Middle Eastern Equity Research

    Koyal Group is pleased to announce the hiring of four new team leaders to perform research markets in the Middle East. They will cover Dubai, Abu Dhabi, Kuwait, and Qatar where markets have soared this year.

    Aug. 29, 2013 - TOKYO, Japan - Despite recent tension Syria, Middle Eastern stock markets are thriving, filling the gap left by emerging markets such as China, India, and Brazil where growth is faltering. The Dubai Financial Market General Index has soared 60% this year, including a 7% drop on Tuesday the 27th of August. In Abu Dhabi the market has jumped 50%, in Kuwait the market has climbed 30% and In Oman and Qatar markets are up 20% respectively.

    Koyal Group has made four key hires in order to strengthen its emerging markets research department. The four new hires will head newly created research teams, investigating the markets in Dubai, Abu Dhabi, Kuwait, and Qatar. Jarah Bazzi will be responsible for Dubai, Azad Nassar will cover Abu Dhabi, Matak Salib will cover Kuwait, and Pias Maloof will cover Qatar. They will be based in Tokyo and report to the Global Head of Investment Analysis, Mr Nathan Andrews. The rest of the members of their teams will be announced at a later date, after the heads complete their selection process.

    "The Middle East has had some of the best performing markets in the world this year. There are a number of sectors in the region that are particularly alluring for us; most obviously the region is a major oil producer, the property and tourism sectors have performed quite well over the past year," said CEO Edward Neilson. He continued, "I have the utmost confidence in my new hires, they are from the region which will facilitate communication, as they take business trips to meet with management teams and do on site investigations of potential investment targets."

    Oct 16 11:18 AM | Link | Comment!
  • Koyal Group Analysts Report European Stocks Finish At Lowest Level Since June

    European stocks traded lower on Tuesday over concerns of military intervention in Syria. Banking and mining were two of the worst performing sectors. The Italian market counties to fall over threats to bring down the government.

    Aug. 28, 2013 - TOKYO, Japan -- The Stoxx Europe 600 Index fell 1.8% to finish the day at 299.01, suffering the biggest one day drop since the end of June. A number of factors drove the market down on Tuesday; investors are concern about military intervention in Syria, political unrest in Italy and concerns over tapering buy the US Federal Reserve Bank.

    Although the IFO institute state that German business sentiment improved in August to 107.5 this month from 106.2 in July, reinforcing the idea that the country is on pace for recovery, the DAX 30 Index fell 2.3%. In Paris the CAC 40 Index gave up 2.4% and in London the FTSE 100 Index fell 0.8%.

    In Rome the FTSE MIB Index declined 2.3% after falling 2.1% on Monday. Concerns are rising in the country over the stability of the government. After being convicted of tax fraud, the Italian senate will vote on whether to expel former Prime Minister Silvio Berlusconi. If he is expelled members of his People of Freedom party have threatened to topple the current government. 7 Banks, which are generally sensitive to risk, were some of the biggest decliners in the British markets on Tuesday. Royal Bank of Scotland Group PLC fell 4.1%, Lloyds Banking Group declined 2.9%, and HSBC Holdings PLC lost 1.3%.

    The mining sector also performed poorly, Antofagasta PLC dropped 3.3%, after they reported a 37% fall in pretax profit for the first half of 2013. Rio Tinto PLC fell 2.5%, BHP Billiton PLC face up 1.4% and Anglo American PLC declined 1.8%.

    Oct 11 7:59 AM | Link | Comment!
  • Koyal Group Reports Indonesia Rebounds As India Falls Further

    The Asian markets had a mixed performance as they positioned themselves for the release of the Fed´s minutes. Indonesia´s finally rose after 4 straight losing sessions, but the Indian Rupee hit another all-time low against the dollar.

    Aug. 22, 2013 - TOKYO, Japan -- In Hong Kong, the Hang Seng fell 0.7%, while the Chinese mainland´s Shanghai Composite finished with a negligible gain. Japan´s Nikkei Stock Average finished the day 0.2% higher and in Seoul the Kospi lost 1.1%. In Sydney, the S&P/ASX 200 closed 0.4% higher. Analysts at Koyal Group believe that the data suggests that the US Federal Reserve will began tapering its bond buying program and the markets are positioning themselves for that eventuality.

    Indonesia´s JSX rose 1.6% after suffering substantial loses on Monday falling 5.6% and 3.2% on Tuesday. Investors in the country were concerned over sub-par local economic data and rising yields from the US Treasury, believing that foreign funds would be taken out of the market.

    India´s S&P BSE Sensex Index fell to its lowest level in over a year, finishing the day down 1.96% to close at 17,905.91. There has been a 4% drop on the index this week. Not only did the Sensex hit a yearly low, the Rupee fell to a new all-time low against the US Dollar from 64.53 rupees to 64.08.

    Among notable movers were Tokyo Electric Power Co. fell 9.3% after it was reported that 300 metric tons of extremely radioactive water leaked from its damaged Fukushima nuclear power plant. The government has declared the situation as "serious." In Hong Kong, drilling firm Cnooc Ltd. climbed 5% after it announced a 7.9% rise in first half of the year profits, caused by an increase gas and oil production. In Australia, BHP Billiton Ltd. shares dropped 2.2% as the mining company reported a 30% decline in fiscal year ended June 30th profits driven by a drop in commodities prices.

    Oct 07 8:54 AM | Link | Comment!
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