Category: Stock Market

Jan 22
Asian shares recover from losses sparked by the coronavirus outbreak

Asian shares recovered a little ground Wednesday after a new virus originating in China drove markets into the red earlier this week and disrupted plans for the millions of people traveling over the Lunar New Year. Asian Shares China’s Shanghai Composite (SHCOMP) was last up 0.4%, reversing earlier losses. The index had fallen more than 1% Wednesday morning. Hong […]

Jan 20
Asian shares mostly higher before central banks’ decisions

Asian shares were mostly higher Monday as investors awaited central bank decisions and earnings reports due out in coming weeks. U.S. stock markets will be closed in observance of the Martin Luther King Jr. holiday. Asian Shares Japan’s benchmark Nikkei 225 edged 0.2% higher to 24,096.21. Australia’s S&P/ASX 200 added 0.4% to 7,088.50. South Korea’s […]

Jan 13
Asian Shares mostly rose on Monday

Asian shares mostly rose by the close on Monday as investors await the signing of a phase-one trade deal between the U.S. and China. Asian Shares Mainland China markets jumped by the close. The Shanghai composite rose 0.75% to close at 3,115.57. The Shenzhen composite jumped 1.36% to 1,822.35. The Shenzhen component was up 1.47% […]

Jan 10
Asian markets were mostly in positive territory on Friday

Major Asian markets were mostly in positive territory on Friday afternoon following the easing of U.S.-Iran tensions, and after U.S. stocks shot to new highs overnight. Asian Markets In Japan, the Nikkei 225 rose 0.47% to close at 23,850.57, while the Topix was up 0.35% to 1,735.16. The Kospi jumped 0.91% to close at 2,206.39. The Shanghai composite inched […]

Jan 09
Asian stocks rebounded on Thursday and oil edged up

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1%. Hong Kong’s Hang Seng .HSI and Shanghai blue chips .CSI300, reversing Wednesday’s losses. Japan’s Nikkei .N225 rose […]

Jan 08
Asian shares tumbled on Wednesday; Oil and gold

Asian shares tumbled on Wednesday, while oil, safe-haven Treasury prices and gold shot higher after Iran fired rockets at U.S.-led forces in Iraq, stoking fears of a wider conflict in the Middle East. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.72%, having dropped more than 1% earlier in the day. […]

Jan 07
Asian shares rebound despite Middle East tensions

Asian shares rebounded on Tuesday as investors bet that tensions in the Middle East would subside following a US air raid that assassinated senior Iranian military leader Qassem Soleimani in Baghdad last week. Asian Shares Shares had fallen sharply on Monday as Iran and the US traded threats after an US air attack killed a top Iranian commander. […]

Jan 03
Asian Shares slipped on Friday; oil and currencies

Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS had touched its highest point since June 15, 2018 in early trade, but fell after […]

Dec 30
Asian shares rose to an 18-month high on Monday

A broad gauge of Asian shares rose to an 18-month high on Monday as Chinese equities gained, while oil touched three-month highs on a combination of US crude inventory drawdowns, trade optimism and unrest in the Middle East. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.09 per cent lower. Chinese blue […]

Dec 27
Asian shares hit 18-month top in festive cheer; oil, gold hold gains

Asian shares jumped to an 18-month high on Friday (Dec 27) while gold and oil prices stayed buoyant in a holiday-shortened week, as investor optimism was boosted by hopes a US-China trade deal would soon be signed. Traders returned from their Christmas and Boxing Day break to digest comments from Beijing that it was in […]