Category: Stock Market

Nov 12
Asian stocks pare gains amid caution about bets on coronavirus vaccine

Asian stocks pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares (CSI300) erased early gains and fell […]

Nov 11
Asian stocks up, bonds down as vaccine shields against second-wave worries

Asian stocks gained on Wednesday, as news of a working COVID-19 vaccine seemed to inoculate investors against worry about surging infections, while the kiwi leapt as traders pared bets on New Zealand imposing negative interest rates. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% . Japan’s Nikkei rose 1.8%, although most […]

Nov 10
Asian stocks rise for 2nd day on coronavirus vaccine hopes

Asian markets were muted in Tuesday trade as investors weighed the effect that promising news about Pfizer’s Covid-19 vaccine could have on the post-pandemic global recovery. Tech stocks sputtered. Asian Shares Hong Kong’s Hang Seng Index (HSI) gained 0.4%, losing some of the momentum it had built earlier in the morning. Japan’s Nikkei 225 (N225) rose 0.5%, also paring earlier gains. South Korea’s Kospi (KOSPI) was up […]

Nov 09
Asian shares rise over 1%, dollar hits two-month low

Asian shares and US futures rose on Monday (Nov 9) on relief the US presidential election results were finally decided, with Joe Biden the president-elect. Asian Shares Japan’s Nikkei 225 surged 1.9 per cent to 24,794.44. Australia’s S&P/ASX 200 added 1.6 per cent to 6,291.10. South Korea’s Kospi added 1.1 per cent to 2,444.13. Hong […]

Nov 06
Asian shares at near 3-year peak

Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite. Asian Shares Australian shares jumped 0.7% and MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.22% to a […]

Nov 05
Stocks Advance With Tech Rebound

Stocks rallied globally as investors piled into technology and health-care firms on bets that the U.S. election results will trigger no major changes to taxes or regulations that have underpinned the bull market for years. Stocks Futures on the S&P 500 Index increased 1.4% as of 8:19 a.m. London time. The Stoxx Europe 600 Index […]

Nov 03
Asian shares in broad-based rally on eve of U.S. election

Asian shares got off to a strong start on Tuesday, with investors buoyed by strong factory output data from major economies, while the dollar and gold held ground on political uncertainty ahead of U.S. elections. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 1%, up for the second straight day. South […]

Nov 02
Asian shares buoyed by upbeat China factory activity, oil drops

Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) climbed 0.36%. Australian shares (AXJO) rose 0.4%. Japan’s Nikkei (N225) […]

Oct 30
Asian shares fell for a third straight session on Friday

Asian shares fell for a third straight session on Friday as jitters over next week’s U.S. presidential election and a shaky global economic outlook enveloped markets. Asian Shares E-Mini futures for S&P500 ESc1 skidded 1.5%, a signal Wall Street would open in the red later in the day. MSCI’s broadest index of Asia-Pacific shares outside of Japan .MIAPJ0000PUS was […]

Oct 29
Asian shares lower, US futures up after S&P 500 sinks 3.5%

Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. Asian Shares In Thursday trading, Hong Kong’s Hang Seng lost 1% to 24,452.65. The Nikkei 225 in Japan fell 0.5% to 23,294.51. In South Korea, the Kospi lost 1.7% to 2,305.70. The Shanghai […]