Tag: Asian Shares

Feb 13
Asian shares pare gains as US-China tensions intensify

Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the United States, while the euro rose to a four-month high on the prospect of stimulus ahead of a crucial EU summit. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.14%, after rising […]

Dec 02
Asian shares edge lower but stimulus, vaccine hopes provide support

Asian shares shed early gains from a strong Wall Street lead on Wednesday, as some investors booked profits on a stellar run to record highs, but hope for additional U.S. economic stimulus and a coronavirus vaccine kept market sentiment well supported. Asian Stocks The Stoxx Europe 600 Index declined 0.3% as of 8:26 a.m. London […]

Dec 01
Asian Stocks Rise on Signs of Growth Upturn

Asian stocks climbed along with U.S. and European futures Tuesday, aided by positive factory activity data and optimism that vaccines will bolster the global economy. The dollar dipped. Asian Stocks S&P 500 futures rose 0.9% as of 7:03 a.m. in London. The S&P 500 Index dipped 0.5%. Topix index rose 0.8%.Australia’s S&P/ASX 200 Index rose […]

Nov 30
Asian shares fall despite fresh records on Wall Street

Asian shares slipped Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy. Asian Shares Japan’s benchmark Nikkei 225 dipped 0.8% to 26,433.62 as markets throughout the region quickly lost early gains. South Korea’s Kospi lost 0.9% to […]

Nov 17
Asian shares rise buoyed by news on coronavirus vaccine

Asian shares rose Tuesday, after the Dow Jones Industrial Average hit a record high on optimism that a vaccine may soon control the coronavirus and the economic destruction it’s caused. Asian Shares Japan’s benchmark rose 0.2% to 25,968.22 in morning trading, after momentarily reaching a 29-year high of above 26,000. Australia’s S&P/ASX 200 gained 0.4% to 6,512.00. […]

Nov 13
Asian shares drop amid worries over spreading COVID-19 cases

Asian shares have opened lower as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamstrung by pandemic restrictions on travel and businesses. Reports of surging COVID-19 cases have had a sobering effect on markets that had advanced on hopes for a vaccine and […]

Nov 10
Asian stocks rise for 2nd day on coronavirus vaccine hopes

Asian markets were muted in Tuesday trade as investors weighed the effect that promising news about Pfizer’s Covid-19 vaccine could have on the post-pandemic global recovery. Tech stocks sputtered. Asian Shares Hong Kong’s Hang Seng Index (HSI) gained 0.4%, losing some of the momentum it had built earlier in the morning. Japan’s Nikkei 225 (N225) rose 0.5%, also paring earlier gains. South Korea’s Kospi (KOSPI) was up […]

Nov 09
Asian shares rise over 1%, dollar hits two-month low

Asian shares and US futures rose on Monday (Nov 9) on relief the US presidential election results were finally decided, with Joe Biden the president-elect. Asian Shares Japan’s Nikkei 225 surged 1.9 per cent to 24,794.44. Australia’s S&P/ASX 200 added 1.6 per cent to 6,291.10. South Korea’s Kospi added 1.1 per cent to 2,444.13. Hong […]

Nov 06
Asian shares at near 3-year peak

Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite. Asian Shares Australian shares jumped 0.7% and MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.22% to a […]

Nov 03
Asian shares in broad-based rally on eve of U.S. election

Asian shares got off to a strong start on Tuesday, with investors buoyed by strong factory output data from major economies, while the dollar and gold held ground on political uncertainty ahead of U.S. elections. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 1%, up for the second straight day. South […]