Category: Stock Market

Apr 19
Asian markets remain closed for Good Friday

Asian markets traded higher on Friday while other Asia Pacific markets, including Australia, Hong Kong, Singapore and Indonesia, were closed for a public holiday. Asian markets “Recent Chinese data is boosting confidence in the Chinese economy while earnings have not been bad either,” said Yukino Yamada, senior strategist at Daiwa Securities. The Nikkei 225 in Japan rose […]

Apr 16
Asian stocks ticked up on Tuesday

Asian stocks ticked up on Tuesday staying near a nine-month as hopes of stabilization in the Chinese economy helped investors shrug off Wall Street’s underperformance that followed disappointing bank earnings. Asian Stocks “Recent Chinese data is boosting confidence in the Chinese economy while earnings have not been bad either,” said Yukino Yamada, senior strategist at […]

Apr 15
Asian shares neared nine-month highs on Monday

Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy. Asian Shares   MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.4 percent. Chinese shares were buoyant, […]

Apr 12
Asian shares were mixed on Friday

Asian shares were mixed in Friday afternoon trade as investors awaited the release of Chinese trade data for March. Stronger U.S. economic data helped offset some concerns about global growth. Asian Shares    MSCI’s broadest index of Asia-Pacific shares outside Japan was barely higher, up 0.03 percent. Australia’s S&P/ASX 200 index up 0.7 percent. Japan’s Nikkei […]

Apr 11
Asian stocks stepped back from near eight-month highs

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as European and U.S. central banks reinforced investor worries about the global economic outlook and trade protectionism. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.3. Hong Kong’s Hang Seng index stumbled 0.6 percent. Chinese shares were subdued with the […]

Apr 10
Asian stocks retreat from eight-month high

Asian stocks slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions. Asian Stocks MSCI’s broadest gauge of the world’s stock markets was down slightly from Tuesday’s six-month peak but it […]

Apr 09
Asian shares weighed by cautious mood, oil settles

Asian shares struggled to make gains on Tuesday as investors braced for key events later in the week, including the start of the U.S. earnings season and a crucial Brexit summit, while broader concerns about slowing global growth checked sentiment. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was basically flat. Japan’s Nikkei dipped […]

Apr 08
Asian shares off seven-month peak

Asian shares briefly brushed seven-month peaks on Monday as investors cheered a rebound in U.S. payrolls and hints of more stimulus in China, but caution soon surfaced ahead of what is likely to be a tough U.S. earnings season. Asian Shares Japan’s Nikkei was off 0.1 percent after reaching its high of the year so far. E-Mini […]

Apr 05
Asian shares up on Friday

Asian shares consolidated their weekly gains on Friday as Sino-U.S. talks produced a lot of headlines but no conclusions, while caution ahead of U.S. payrolls and a holiday in China dampened volatility. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent. The index was still up 1.8 percent for the week […]

Apr 04
Asian shares near eight-month highs

Asian shares held near an eight-month peak on Thursday as investors awaited developments on Sino-U.S. trade talks, with both sides appearing closer to signing a deal and improved risk appetite weighing on safe-haven assets like the yen. Asian shares Chinese shares started firm with the blue-chip index up 0.9 percent. Hong Kong’s Hang Seng index was […]