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Tag Archives: Asian stocks

Asian stocks mostly weaker, Tokyo’s Nikkei 225 falls 0.7%, Hang Seng dips 0.6pc

SEOUL: Asian stocks were mostly weaker on Tuesday as worry about Greek political affairs and the shaky Russian ruble spoiled confidence in the global economy. Tokyo’s Nikkei 225 fell 0.7 percent to 17,610.13 while South Korea’s Kospi dropped 0.7 percent to 1,913.50. China’s Shanghai Composite Index shed 0.4 percent to 3,155.28 and Hong Kong’s Hang Seng was also down 0.6 ... Read More »

Asian stocks mostly surge after Christmas break; Tokyo adds 0.31%, Hong Kong up 1.48%

HONG KONG: Asian stocks mostly high on Monday in early trade after the Christmas break, with the confidence boost up by Chinese easing measures and another Wall Street record. Shares in AirAsia tumbled after one of the budget carrier’s jets went missing with 162 people on board Sunday and had still not been found early Monday. Tokyo added 0.31 per ... Read More »

Asian stocks climb on stronger Wall Street rally

BEIJING: Asian stocks were mostly higher on Tuesday after Wall Street ended at record highs in traditional pre-Christmas sales. The Shanghai Composite Index gained 0.2 percent to 3,135.08 and Hong Kong’s Hang Seng added 0.1 points to 23,432.19. Seoul’s Kospi declined 0.1 percent to 1,940.42 and Tokyo was closed for a holiday. Singapore, New Zealand and Jakarta rose while Sydney ... Read More »

Asian stocks rise as crude oil extends rally, Asia Pacific Index climbs 0.7pc

ROME: Asian stocks surged with the regional index headed for its three-day advance in almost two months, as commodity shares hiked due to an enlarged rally in Brent oil. The dollar remained two years high against euro. The MSCI Asia Pacific Index climbed 0.7 percent by 1:49 p.m. in Tokyo, bringing its gain since Dec. 18 to 3.1 percent. Australia’s ... Read More »

Asian stocks record biggest gains in 15 months

RUSSIA: Asian stock enjoyed their superb day in 15 months on Friday, as following Wall Street showed its largest two-day advance since 2011 amid relief the Federal Reserve was in no hurry to remove stimulus from the US economy. The gains came even as oil stayed under pressure, suggesting equity investors were beginning to see the positives in lower fuel ... Read More »

Asian stocks rise after largest surge in US stocks since Oct 2013

ROME: Asian stocks climbed, following the largest surge in U.S. stocks since October 2013, after the Federal Reserve commitment patience on interest-rate increases and the yen damaged, boosting Japanese stocks. The MSCI Asia Pacific Index (MXAP) climbed 0.7 percent to 134.55 as of 9:04 a.m. in Tokyo. The measure slumped 2.5 percent the previous three days as a slump in ... Read More »

Asian stocks jump back as shareholders eye Fed meeting

ROME: Asian stocks started higher in early trade on Wednesday, brushing off a poor close in the US overnight and sustained weakness in the oil markets, as shareholders look ahead to the Federal Reserve’s monthly meeting. A below-view trade report from Japan weighed on Japanese shares at the open, but stocks soon rebounded. Japanese exports rose 4.9 percent on year, ... Read More »

Asian stocks tumble, dollar declines on falling oil prices

TOKYO: Asian stocks fell, Japanese yen strengthened, and the dollar destabilized after oil’s destruction caused the biggest loss for US stocks since October and sent shareholders towards Treasuries and the yen. The Topix index retreated 1.5 per cent by 9.11am in Tokyo, while Australia’s S&P/ASX 200 Index dropped 1.1 per cent. Futures on the Standard & Poor’s 500 Index slipped ... Read More »

Asian stocks mostly down on dull Wall Street rally

HONG KONG: After Wall Street was damaged by sinking oil prices, Asian stocks mostly descended again, while the dollar rose after dipping against the yen. Analysts said traders were taking their cash off the table before the end of the year after enjoying a surge over the past few weeks that has been supported by strong US data, Japanese easing ... Read More »

Asian stocks surge, China’s Shanghai Composite up 3.1%, Tokyo shares climb 0.42%  

Hong Kong: Asian stocks edged for the first time in four days because energy shares rebounded from the lowest level in more than five years and China’s markets rallied amid speculation for further easing. Inpex Corp., an oil explorer, climbed 3.2 percent in Tokyo. China Minsheng Banking Corp. jumped 10 percent in Shanghai as mainland financial shares jumped. Haitong Securities ... Read More »

Asian stocks mostly up on US economic data, German growth

HONG KONG: Asian markets were mostly higher Wednesday following better-than-expected US economic growth data and report that Germany had intently turned away depression. The dollar struggled to resume its uptrend against the yen, with analysts forecasting the pairing were close to finding their plateau. Tokyo fell 0.27 per cent owing to the stronger yen, but Hong Kong added 0.13 per ... Read More »

Asian stocks remain mixed, Tokyo climbs 195.74 pts; Shanghai drops 8.87 pts

SINGAPORE: Asian markets remained Thursday after a record-breaking rally on Wall Street finally came to an end, while China released another batch of disappointing data indicating a slowdown in the economic giant. Japanese shares extended their run upwards thanks to the weaker yen, with attention turning to Prime Minister Shinzo Abe as speculation swirls that he may put off a ... Read More »

Asian stocks dip, Tokyo shares up 10%

TOKYO: Asian markets fell but Tokyo reversed and added 10 per cent rally since the Bank of Japan’s surprise monetary easing announcement last week. The US dollar hit a seven-year high against the yen in response to news Republicans had captured both houses of the US Congress and the head of the Bank of Japan reasserted his determination to beat ... Read More »

Asian shares slightly higher, dollar struggles ahead of Fed meeting

TOKYO: Asian shares went modestly higher while the dollar remained steady on Tuesday, as investors awaited the outcome of the US Fed meeting for clues to the direction of US interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan shrugged off early losses and a lackluster performance on Wall Street to rise about 0.3 percent. But Japan’s Nikkei stock ... Read More »

Hong Kong’s Hang Seng down 1.2%, Shanghai Composite drop .7%

HONG KONG: Hong Kong’s Hang Seng Index suffered a loss of 1.2% in early trading, while the Shanghai Composite Index dropped down 0.7%. The Hong Kong Exchanges & Clearing Ltd., the biggest bourse operator by market value, slumped 3.4%, after the stock exchange said Sunday that a trading connection with Shanghai still hadn’t received regulatory approval. Investors previously expected the ... Read More »

Tokyo stocks dip 0.39%, Hong Kong shares drop 0.29%

HONG KONG: Asian markets tumbled on profit-taking on Thursday following the previous day’s robust gains. Tokyo fell 0.39 per cent, Hong Kong dropped 0.29 per cent, Shanghai eased 0.24 per cent, Seoul shed 0.22 per cent and Sydney remained flat. Regional markets have enjoyed a mostly positive run since Monday as concerns eased over the global economy that fuelled a ... Read More »

Tokyo shares fly high, up 2.64%, add 391.49 points

TOKYO: Tokyo stocks flew high on Wednesday with 2.64 per cent jump, adding 391.49 points to close at 15,195.77, reversing a sharp drop the previous day. The Nikkei 225 index at the Tokyo Stock Exchange added 391.49 points to finish at 15,195.77 and the broader Topix index of all first-section shares rose 2.58 per cent, or 31.05 points, to 1,236.41. ... Read More »

Japan’s Nikkei stocks bounce back with 253.19 points surge

TOKYO: Tokyo stocks climbed high with a jump of 1.71 percent on Wednesday morning, recovering from a deep decline the previous day. The Nikkei 225 index at the Tokyo Stock Exchange, added 253.19 points to 15,057.47 by the break. The broader Topix index of all first-section shares rose 1.84 percent, or 22.15 points, to 1,227.51. Shares in Takata were flat ... Read More »

China stocks remain positive, Hang Seng adds 302.57 points

SHANGHAI: China stocks made a good start on Wednesday, driven by hopes of added stimulus to support a slowing economy. The CSI300 index of the largest companies listed in Shenzhen and Shanghai rose 10.022 points, or 0.41 percent, in the morning session to 2,443.413, the Shanghai Composite Index gained 8.8227 points, or 0.38 percent, to 2,348.4797. Chinese stock markets are ... Read More »