Showing posts with the label Asian Markets Closing Report

Asia-Pacific markets mixed as IMF raises global economic growth forecast Eustance Huang 3-4 minutes SINGAPORE — Stocks in Asia-Pacific were mixed on Wednesday as the International Monetary Fund (IMF) raised its growth forecast for the global economy this year . The Nikkei 225 in Japan rose 0.31% to close at 28,635.21 while the Topix index gained 0.65% to finish its trading day at 1,860.07. South Korea's Kospi closed 0.57% lower at 3,122.56. Mainland Chinese stocks nudged higher on the day: The Shanghai composite advanced 0.11% to 3,573.34 while the Shenzhen component gained 0.4% to 15,413.84. Hong Kong's Hang Seng index was above the flatline, as of its final hour of trading, with shares of Chinese tech giant Alibaba rising 2.76%. China's industrial profits rose 4.1% year-on-year in 2020, the country's National Bureau of Statistics announced Wednesday. For December, industrial profits in China soared 20.1% year-on-year. In Australia, the S&P/ASX 200

Asian Markets Closing Report: Japan shares drop more than 4% as investors await jobless claims data stateside

I am  being unable to publish the page in this blog relative to page: Asian Markets Closing Report, therefore, I am publishing this as a post, without getting any support at all from Google: Eustance  Huang 3-4 minutes - Source:  CNBC Stocks in Asia were mixed on Thursday as investors awaited the release of U.S.  jobless  claims data expected later in the day stateside. Shares in Japan led losses among the region’s major markets, with the  Nikkei 225  falling 4.51% to close at 18,664.60 as shares of index heavyweight  Fast Retailing  plunged 13.16 % while  the Topix index shed 1.78% to end its trading day at 1,399.32. Mainland Chinese stocks slipped on the day, with the  Shanghai composite  0.6% lower at about 2,764.91 and the Shenzhen composite shedding 0.799% to around 1,701.15. Hong Kong’s  Hang Seng index  also slipped 0.72%, as of their final hour of trading. South Korea’s  Kospi  finished its trading day 1.09% lower at 1,686.24. Meanwhile, the  S&P/ASX

Asian Markets Closing Report on May 13, 2019 | Mainland Chinese shares slip amid US-China trade uncertainty

Eustance Huang 3-4 minutes Mainland Chinese shares declined on Monday amid uncertainty on the U.S.-China trade front, after tariffs on Chinese goods were raised last Friday. The Shanghai composite tumbled 1.21% to close at 2,903.71 and the Shenzhen component fell 1.43% to finish its trading day at 9,103.36. The Shenzhen composite slipped 1.076% to close at 1,551.75. They had soared last Friday despite the U.S. raising tariffs from 10% to 25% on $200 billion worth of Chinese goods. Other major Asian markets also fell. The Nikkei 225 in Japan declined 0.72% to close at 21,191.28, with shares of index heavyweight Softbank Group falling 3.25%. The Topix index also slipped 0.53% to finish its trading day at 1,541.14. In South Korea, the Kospi fell 1.38% to close at 2,079.01, while Australia’s ASX 200 shed 0.21% to finish its trading day Down Under at 6,297.60. “Lack of activity data and public holidays in some countries will make it a slow start of the week fo

Asian Markets Closing Report | Asian markets mixed; China lowers its growth target

Eustance Huang 4-5 minutes Markets in Asia were mixed by the end of Tuesday, with China announcing at its annual parliamentary meeting that it has cut its growth target. Shares in mainland China were higher, with the Shenzhen component rising 2.252 percent to 9,595.74 and the Shanghai composite advancing 0.88 percent to 3,054.25. The Shenzhen composite advanced 2.282 percent to 1,635.98. Hong Kong’s Hang Seng index was around 0.1 percent higher, as of its final hour of trading. China kicked off its annual parliamentary meeting , the National People’s Congress, on Tuesday where Premier Li Keqiang said the country must be prepared for a “tough struggle” as it faces a “grave and more complicated environment.” Official economic growth target this year, he said, will be 6.0 to 6.5 percent, lower than the growth of 6.6 percent in 2018, the slowest pace since 1990. “I think the bigger point here is that they’re trying to essentially avoid crashin

Asian Markets Closing Report: Stocks in Asia mostly higher; Japan jumps more than 2 percent

Eustance Huang 9-11 minutes Stocks in major Asian stock markets closed higher on Tuesday, with stocks in Japan leading in the region. Japan's Nikkei 225 jumped 2.61 percent to close at 20,864.21, while the Topix gained 2.16 percent to finish its trading day at 1,572.60. Shares of Fast Retailing rose 3.01 percent while chip company Renesas Electronics skyrocketed 16.26 percent. Mainland Chinese markets were higher in the day. The Shenzhen component rose 1.149 percent to close at 8,010.07 while the Shenzhen composite advanced 1.203 percent to finish its trading day at 1,364.15. The Shanghai composite also went up 0.68 percent to close at 2,671.89. Hong Kong's Hang Seng index was largely flat, as of its final hour of trading. South Korea's Kospi gained 0.45 percent to close at 2,190.47, as shares of industry heavyweight Samsung Electronics and chipmaker SK Hynix jumped 2.33 percent and 2.43 percent, respectively. LG Electronics

Asian Markets Closing Report: Chinese stocks jump amid trade optimism; manufacturing data disappoints

Eustance Huang 4-5 minutes Stocks in China saw strong gains on the first trading day of February as hopes rise for a U.S.-China trade deal. However, the country’s manufacturing data came in below expectations. Mainland Chinese markets saw gains on the day, as the Shanghai composite rose 1.3 percent to close at around 2,618.23 while the Shenzhen component jumped 2.738 percent to finish its trading day at about 7,684.00. The Shenzhen composite also climbed higher by 2.765 percent to close at approximately 1,309.99. Hong Kong’s Hang Seng index slipped 0.23 percent, in the final hour of trade. A private survey on China’s manufacturing sector on Friday showed that factory activity contracted in January. The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) came in at 48.3 in January , compared to 49.7 in December. Analysts polled by Reuters had expected the Caixin PMI to be 49.5 last month. “The terrible decline in the Caixin PMI index from 49.7 in December t

How did Asia Closed Today? Asian Markets Closing Report: Asia stocks mostly higher amid improving investor sentiment following US gains

I ' am going to take advantage of the few hours I have Left to inform most relevance news I have before the maintenance takes place, as I announced to you yesterday night. Thank you very much for your comprehension.                                                 FGC / .                                                                                                                                                  ASIA Eustance Huang 6-8 minutes Asia stocks mostly gained Friday amid improved investor sentiment following overnight gains on Wall Street. The mainland Chinese markets, watched in relation to the ongoing trade war between Beijing and Washington, were higher on the day. The Shanghai composite was up about 0.74 percent to close around 2,553.83 while the Shenzhen composite gained 0.758 percent to about 1,313.36. The Shenzhen component also rose 0.611 percent to close around 7,474.01. Meanwhile, Hong Kong’s Hang Seng in