Category: Stock Market

Feb 13
Asian shares pare gains as US-China tensions intensify

Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the United States, while the euro rose to a four-month high on the prospect of stimulus ahead of a crucial EU summit. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.14%, after rising […]

Feb 13
Asian stocks fall further amid oil market turmoil

Asian stocks markets fell further Wednesday as oil prices recovered some of their record-setting losses amid anxiety about the coronavirus pandemic’s mounting economic damage. Asian Stocks Tokyo’s Nikkei 225 fell 1.2% to 19,050.33. Hong Kong’s Hang Seng was down 0.7% at 23,626.04. The Shanghai Composite Index was off 2 points at 2,824.91. The Kospi in […]

Feb 13
Asian shares edged up on Tuesday lifted by gains in China

Asian shares edged up on Tuesday lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept a lid on gains. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.31%. U.S. S&P 500 e-mini futures rose 0.19% to 2,837.25. Chinese blue-chips rose 1.02%. […]

Jan 18
Asian shares mostly lower, China gains on GDP rebound

China gains on GDP rebound. Asian shares fell on Monday following a retreat on Wall Street, but benchmarks in Hong Kong and Shanghai rose after data showed the Chinese economy grew a solid 2.3% in 2020. Stocks S&P 500 futures slid 0.2% as of 6:57 a.m. in London. The index fell 0.7% on Friday. Japan’s […]

Jan 15
Asian shares edge higher as Biden unveils $1.9 trillion US stimulus plan

Asian shares edged up near record highs on Friday after US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world’s largest economy and accelerate its response to coivd-19. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1% around midday in Asia, just off a record high. Hong […]

Jan 14
Asian shares mixed after lackluster day on Wall Street

Asian shares were mostly higher on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Asian Shares Tokyo’s Nikkei 225 index climbed 1.2% to 28,828.10. The Hang Seng in Hong Kong edged 0.2% higher to 28,295.90. South Korea’s Kospi was flat at […]

Jan 13
Asian shares make cautious gains after choppy Wall Street session

Asian shares opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while tight supply expectations pushed oil prices to their highest in a year. Asian Shares Asia’s open, however, was mixed with Japan’s Nikkei 225 up 0.11per cent, Australia’s S&P/ASX 200 down […]

Jan 12
Asian stocks gain as markets watch for Biden stimulus plan

Asian stocks advanced Tuesday as investors watched for details of President-elect Joe Biden’s promised economic stimulus plan. Shanghai, Tokyo and Hong Kong were higher. Seoul declined while Sydney swung between gains and losses. Overnight, Wall Street declined following a string of record-setting gains. Asian stocks The Shanghai Composite Index rose 0.8% to 3,559.86. The Nikkei 225 […]

Jan 11
Asian stocks move upward as investor optimism defies evidence of pandemic’s impact

Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. Asian Shares South Korea’s Kospi jumped 2.5% in early trading to 3,230.15. Australia’s S&P/ASX 200 lost 0.7% to 6,714.20. Hong Kong’s Hang Seng edged up 0.2% to 27,945.18, while the Shanghai Composite added 0.4% to 3,584.97. […]