Category: Stock Market

Jun 11
Asian shares slide after Wall Street retreat

Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. Asian Shares Japan’s benchmark Nikkei 225 lost 1.2% to 22,842.90. South Korea’s Kospi edged 0.2% lower to 2,190.74. Hong Kong’s Hang Seng gained 0.3% to […]

Jun 10
Asian shares slipped today after most US stocks pared gains

Asian shares slipped today after most US stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight day at a record high as oil prices rose. Asian Shares Australian S&P/ASX 200 fell 0.4 per cent. Japan’s Nikkei 225 index lost 0.8 per cent. South Korea’s Kospi slipped 0.3 per […]

Jun 09
Asian Shares mostly higher; Wall St rally

Asian shares were mostly higher on Tuesday after the Nasdaq composite touched a fresh record as enthusiasm about reopening the economy pushed Wall Street still higher. Asian Shares Japan’s benchmark Nikkei 225 lost 0.4% to finish at 23,091.03. South Korea’s Kospi was flat at 2,184.57. Hong Kong’s Hang Seng jumped 1.7% to 25,189.65. The Shanghai […]

Jun 05
Stocks, Futures Resume Rally; Dollar Extends Loss

Stocks climbed alongside U.S. futures as investors cheered fresh stimulus measures to aid the global economy, while awaiting the latest American job figures. The dollar headed for the biggest weekly drop in two months. Stocks Futures on the S&P 500 Index gained 0.8% as of 8:10 a.m. London time. The Stoxx Europe 600 Index rose […]

Jun 04
Asian stocks reach two-month high on economic recovery hopes

Asian stocks rose to a two-month high on Thursday as expectations of further government stimulus supported investor confidence in an economic recovery from the global coronavirus pandemic. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.43%, earlier touching the highest since March 9. Euro Stoxx 50 futures were down 0.03%, German DAX […]

Jun 03
Asian Shares rise as Wall Street gains for 3rd straight day

Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Asian Shares Japan’s benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. Australia’s S&P/ASX 200 rose 0.8% to 5,882.60. South Korea’s Kospi surged 2.6% to 2,141.28. […]

Jun 02
Asian Shares Mostly Higher Following Wall Street Gains

Asian shares were mostly higher in Asia on Tuesday, lifted by moves to reopen many regional economies from shutdowns aimed at containing the coronavirus pandemic. Asian Shares Japan’s Nikkei 225 rose 0.9% in morning trading to 22,264.22. Hong Kong’s Hang Seng gained 0.4% to 23,833.76. South Korea’s Kospi added 0.8% to 2,082.37. Australia’s S&P/ASX 200 […]

Jun 01
Asian shares scale 3 month peak

Asian shares advanced to three-month highs on Monday as progress on re-opening economies helped offset jitters over riots in U.S. cities and unease over Washington’s power struggle with Beijing. Asian Shares Hong Kong managed to rally 3.3%, while Chinese blue chips put on 2.54%. Currency In afternoon trade, the dollar was 0.3% softer on a […]

May 28
Asian stocks were mixed; Hong Kong lower

Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Hong Kong pro-democracy activists are urging the international community to pressure Beijing to withdraw proposed national security legislation that could further reduce the semi-autonomous Chinese territory’s civil liberties. Asian Stocks Hong Kong’s […]

May 26
Asian Shares Up as Recovery Hopes Overshadow Virus Worries

Asian shares rose on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check. Asian Shares Tokyo’s benchmark Nikkei […]