Category: Stock Market

May 25
Asian shares climb, Tokyo gains on hopes for reopening

Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. Asian Shares Japan’s benchmark Nikkei 225 added 1.5% in morning trading to 20,682.78. South Korea’s Kospi gained 0.6% to 1,981.92. Australia’s S&P/ASX 200 jumped 1.4% to 5,572.30. Hong Kong’s Hang Seng […]

May 21
Global stocks slip as US-China tensions add to economic concerns

Global stocks slipped on Thursday, with investors still cautious over the health of the global economy and tensions between the US and China rising. Stock Markets European stocks fell in morning trading, with London’s FTSE 100 down 0.7 per cent. Frankfurt’s Xetra Dax slipping 1.3 per cent. Japan’s benchmark Topix fell 0.2 per cent. China’s […]

May 20
Asian shares mixed as virus worries counter recovery hopes

Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Asian Shares Japan’s benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of emergency still in effect for Tokyo and seven other […]

May 19
Asian shares, oil rally on vaccine hopes, euro at two-week highs

Asian shares jumped on Tuesday and oil extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. The vaccine optimism sent treasury yields surging overnight as investors dumped bonds, while gold came off its peak. Spot prices were […]

May 18
Asian stocks rise after Fed chief optimistic about recovery

Asian stocks rose Monday after the chief U.S. central banker expressed optimism the the American economy might start to recover this year from the coronavirus pandemic. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced Asian and EU Stocks Stocks The Stoxx Europe 600 Index climbed 1.9%. Futures on the S&P 500 Index rose […]

May 15
Asian shares were mixed Friday as markets reopening

Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. Asian Shares Japan’s benchmark Nikkei 225 edged down nearly 0.2% to 19,881.46 in morning trading. South Korea’s Kospi fell 0.3% to 1,919.51. Australia’s S&P/ASX 200 gained 0.6% to 5,362.80. Hong […]

May 14
Stock markets drop and bonds were in demand on Thursday

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the head of the U.S. Federal Reserve dashed hopes for a quick economic recovery. “The path ahead is both highly uncertain and subject to significant downside risks,” Fed Chair Jerome […]

May 13
Global markets fell on Wednesday; US-China tension

Global markets fell on Wednesday, under pressure from rising US-China tension and concerns over the timeline for reopening economies during the coronavirus pandemic. Global Markets London’s FTSE 100 slipped 0.9 per cent in opening trading, as stocks across Europe lost ground. The Stoxx 600 index, which offers a snapshot of the region’s largest companies, was […]

May 12
Asian shares decline on jitters over new outbreaks of virus

Asian shares fell  on Tuesday as worries over fresh outbreaks of coronavirus cases overshadowed hopes over reopening economies. Asian Shares Japan’s Nikkei 225 lost 0.1%. The Hang Seng in Hong Kong dropped 1.8%. The Shanghai Composite index fell 0.6% to 2,877.71. Hong Kong’s benchmark shed 438.77 points to 24,163.29. The Nikkei 225 gave up 28.64 […]

May 11
Asian Shares push higher as more countries ease lockdowns

Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases. Asian Shares MSCI (NYSE:MSCI)’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) firmed 1.1%. Japan’s Nikkei (N225) added 1.6%. Chinese blue chips (CSI300) 0.7%. E-Mini […]