Tag: Asian Stocks

Apr 21
Asian stocks decline following overnight drop in US crude prices

Asian stocks fell in Tuesday afternoon trade as U.S. crude prices plunged to negative levels overnight. Asian Stocks The Shanghai composite down 1.35% while the Shenzhen composite shed 1.556%. Hong Kong’s Hang Seng index fell 2.29%. In Japan, the Nikkei 225 fell 2.18% as shares of index heavyweights Fast Retailing and Softbank Group dropped at least 4% each. The Topix index also shed 1.35%. […]

Apr 16
Asian Stocks fell in Thursday afternoon trade

Asian Stocks fell in Thursday afternoon trade as concerns over the scale of the economic fallout of the coronavirus pandemic continued to weigh on sentiment. Asian Stocks The Nikkei 225 in Japan fell 1.45% in afternoon trade as shares of Fanuc declined 2.74%. The Topix index dropped 0.96%. South Korea’s Kospi shed 0.28%. Mainland Chinese stocks edged lower in early trade, […]

Apr 07
Asian stock markets rallied for a second day on Tuesday and riskier currencies rose

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 […]

Mar 31
Asian shares rise after Wall Street health-care-led rally

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 […]

Feb 24
Asian stocks, currencies fall sharply as coronavirus cases surge

Asian Stocks – Shares and currencies across Asia slumped on Monday as the number of coronavirus infections rose sharply in South Korea, Italy and Iran, sending investors scurrying to safe havens such as gold. The World Health Organization said it was worried about the growing number without any clear link to the epicentre of the […]

Feb 06
Asian Stocks gain after China cuts trade tariffs, solid US data

Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, and after China announced a cut in tariffs on some imported goods from the United States. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.3per cent. Japan’s Nikkei rose 2.47per cent. Mainland Chinese shares […]

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 […]

Dec 20
Asian Stocks digest meaty gains, oil and currency

Asian stocks snoozed near 18-month highs on Friday as trade thinned in the run-up to Christmas and investors seemed content to digest the chunky gains already made so far this month. Asian Stocks In early trading, the pan-region Euro Stoxx 50 futures (STXEc1) were up 0.3%. German DAX futures (FDXc1) 0.1%. FTSE futures (FFIc1) were a […]

Nov 26
Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S.

Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S. efforts to end their acrimonious trade dispute and as Chinese e-commerce giant Alibaba made a strong Hong Kong debut in the world’s largest share sale this year. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.4% to a one-week high. Australian shares […]

Nov 07
Stocks Rise as China Spurs Trade Hopes; Bonds Slip

Stocks climbed in Europe along with S&P 500 futures after China said it agreed with the U.S. to roll back tariffs on each other’s goods in phases as they work toward a trade deal. Treasuries and gold slipped. Stocks The Stoxx Europe 600 Index climbed 0.3% as of 10:37 a.m. London time. Futures on the […]