Category: Stock Market

Jun 29
Asian shares fell on Monday, tracking losses on Wall Street

Asian shares fell on Monday, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. Asian Shares Tokyo’s Nikkei 225 index lost 1.3% in early trading. Shares also fell in Hong Kong, Sydney, Shanghai and South Korea. The Nikkei 225 lost 297.39 points to 22,214.69 while the […]

Jun 25
European Stock Markets are Mixed on Thursday

European stock markets are set to open mixed Thursday, consolidating after the sharp selloff in the previous session aided by a rebound in consumer confidence in Germany. However,  arket confidence has been hit by increasing U.S. coronavirus cases and a global growth downgrade from the International Monetary Fund. European and Asian Stock Markets The DAX […]

Jun 23
Asian stocks climb after volatile trade on U.S.-China trade confusion

Asian stocks bounced on Tuesday after U.S. President Donald Trump said the U.S.-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate of the deal. Jitters emerged early in the Asian day after White House trade adviser Peter Navarro said the trade deal with China was “over”, linking […]

Jun 22
Asian shares mostly higher as US reports surging virus cases

Asian shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply. Asian Shares The Nikkei 225 index edged 0.1% higher to 22,499.32,. The Hang Seng in Hong Kong lost 0.3% to 24,581.34. The Kospi in South Korea slipped 0.1% to 2,138.42,. In […]

Jun 19
Asian Stocks Mixed amid concern over coronavirus hotspots

Asian stocks were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections. Global markets have recovered most of this year’s losses as investors look ahead to a possible rebound from the deepest economic slump since the 1930s. But analysts say […]

Jun 18
Asian shares slip as global rally eases off the accelerator

Asian Shares were mostly lower on Thursday after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. Asian Shares Japan’s Nikkei 225 shed 0.4% to 22,365.00. The Hang Seng in Hong Kong also fell 0.4%, to 24,385.84. South Korea’s Kospi slipped 0.5% to 2,130.52. India’s Sensex […]

Jun 17
Asian share markets took a breather on Wednesday

Asian share markets took a breather on Wednesday as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in US retail sales in May broke all records. Asian Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan went flat, having climbed 2.8% the previous day, with […]

Jun 16
Asian shares jump, yields rise as Fed readies corp bond buying

Asian shares and Wall Street futures rallied on Tuesday as the formal start of the Federal Reserve’s corporate bond buying programme boosted global investor sentiment and calmed earlier worries about a second wave of coronavirus infections. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 2.2%, its biggest one-day gain since June 1. […]

Jun 15
Asian stocks, oil sell off on second wave fears

Asian stocks stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% with Australian shares off 0.1%. South Korea easing […]

Jun 12
Asian Stocks came off their lows on Friday

Asian stocks came off their lows on Friday (June 12) after a selloff in the wake of a Wall Street rout triggered by concerns that the epic rally since March was excessive, given the emergence of a second wave of coronavirus infections in the United States. Asian Stocks Singapore shares plunged at the open with the Straits Times Index sinking 3.4 […]