Category: Stock Market

Asian shares were mostly lower Monday in Asia while crude prices gained more than $1 per barrel after OPEC and other oil producing nations agreed to cut output to reflect the collapse of demand due to the pandemic. Asian Shares Markets in Hong Kong, Sydney and some other regional markets were closed for Easter holidays. […]

Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve’s titanic effort to support the economy through the coronavirus crisis. Asian Shares Many regional markets were closed. Japan’s Nikkei 225 index edged 0.1% lower to 19,326.78. The Shanghai Composite index […]

Asian shares rose today as hopes grew the global coronavirus outbreak is reaching its peak and oil prices grew on expectations of a production cut. Asian Shares Hong Kong’s Hang Seng index rose 0.65 per cent despite Japan’s Nikkei dropping 0.33 per cent overnight. The Nikkei sank as coronavirus infections rose in Japan, after the government […]

Asian shares were mostly lower, gyrating in early Wednesday trading amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world. Asian shares Japan’s Nikkei 225 inched up 0.1% to 18,974.06 in morning trading. Australia’s S&P/ASX 200 was down 0.3% at 5,234.60. South Korea’s Kospi lost nearly 0.4% to 1,816.84. Hong […]

Asian stock markets rallied for a second day on Tuesday and riskier currencies rose, on tentative signs the coronavirus crisis may be levelling off in New York and receding in Europe. Gains, however, lacked Monday’s momentum as the number of coronavirus cases kept rising globally and an economic crash on a scale not seen for […]

Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Asian Shares & U.S. Futures The Nikkei 225 NIK, +4.24% in Tokyo gained 2.2%. Hong Kong’s Hang Seng HSI, 2.313% rose 1%. South Korea’s Kospi 180721, +3.71% added 2.5% The […]

Asian stocks were little changed on Friday following a record surge in oil prices overnight that saw U.S. crude futures soaring more than 24%. Asian Stocks Mainland Chinese stocks were lower on the day, with the Shanghai composite down 0.6% to about 2,763.99 while the Shenzhen composite shed 0.47% to around 1,689.57. Hong Kong’s Hang Seng index dipped about 0.6%, as of […]

Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak’s global economic cost increased. Asian Stocks and Tokyo’s Nikkei 225 lost 0.3% to 18,007.46, adding to the previous session’s 4.5% loss. The Hang Seng in […]

Asian shares clung to gains on Wednesday, helped by a bounce in Australian shares, but risks for equities remain large as the coronavirus pandemic rattles the underpinnings of the global economy. Asian shares E-Mini futures for the S&P 500 traded 1.39% lower in Asian trade, highlighting the cautious mood. MSCI’s broadest index of Asia-Pacific shares […]

Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies’ announcements of developments that could aid in the coronavirus outbreak. Asian Shares Japan’s benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.91. Australia’s S&P/ASX 200 added 2.0% to 5,285.50. South Korea’s Kospi picked up 1.6% to 1,743.84. Hong […]