Tag: Asian Shares

Nov 02
Asian shares buoyed by upbeat China factory activity, oil drops

Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) climbed 0.36%. Australian shares (AXJO) rose 0.4%. Japan’s Nikkei (N225) […]

Oct 30
Asian shares fell for a third straight session on Friday

Asian shares fell for a third straight session on Friday as jitters over next week’s U.S. presidential election and a shaky global economic outlook enveloped markets. Asian Shares E-Mini futures for S&P500 ESc1 skidded 1.5%, a signal Wall Street would open in the red later in the day. MSCI’s broadest index of Asia-Pacific shares outside of Japan .MIAPJ0000PUS was […]

Oct 29
Asian shares lower, US futures up after S&P 500 sinks 3.5%

Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. Asian Shares In Thursday trading, Hong Kong’s Hang Seng lost 1% to 24,452.65. The Nikkei 225 in Japan fell 0.5% to 23,294.51. In South Korea, the Kospi lost 1.7% to 2,305.70. The Shanghai […]

Oct 21
Asian stocks gain, yuan soars as traders bet on U.S. stimulus, again

Asian shares and U.S. stock futures rose on Wednesday as renewed hopes for a new round of U.S. stimulus drew money into equities from government debt. Asian Shares and EU Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.51%, while Tokyo shares .N225 gained 0.42%. Australian stocks .AXJO edged up by 0.09%, but shares in China .CSI300 fell 0.33% European […]

Oct 07
Asian shares mixed after Trump calls off stimulus talks

Asian shares were mixed on Wednesday despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy. Asian shares Markets rose in Hong Kong and Sydney but fell in Tokyo. Hong Kong’s Hang Seng rose 0.4% to 24,087.46 and the Kospi in […]

Oct 05
Asian shares rise on optimism about Trump’s recovery

Asian shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trump’s health after he tested positive for the coronavirus. Asian Shares Japan’s benchmark Nikkei 225 gained 1.2% to 23,316.08. South Korea’s Kospi jumped 1.3% to 2,356.80. Australia’s S&P/ASX 200 surged 2.4% to 5,932.40. Hong Kong’s Hang Seng rose 1.5% […]

Sep 15
Asian shares extended gains on Tuesday

Asian shares extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. Asian shares Chinese blue chips added 0.4%, buoyed by data showing China’s industrial output rose 5.6% in August from a year ago, expanding for a fifth straight month. MSCI’s broadest index of Asia-Pacific […]

Sep 14
Asian shares rise as coronavirus vaccine hopes renew

Asian shares have firmed on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial, although sentiment was still cautious before a big week of central bank meetings in the United Kingdom, Japan and the United States. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7 percent on Monday, […]

Sep 11
Asian Shares Mixed After Another Wall Street Tech Sell-Off

Asian shares were mixed Friday following a selloff of technology shares on Wall Street. While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices have surged too high. “Big tech stocks might have seemed like safe havens, but they have […]

Aug 18
Asian shares set to follow Wall Street’s tech-driven rally

Asian shares were poised to track Wall Street’s tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing “We saw some strength in tech again with semiconductors driving the boat,” said Thomas Hayes, chairman at Great […]