Showing posts with the label Asian Markets at Close Report by CNBC.

Asian Markets at Close Report by CNBC on April 22, 2015: Shanghai, Tokyo stocks outperform to hit multi-year highs.

Shanghai, Tokyo stocks outperform to hit multi-year highs See Kit Tang |  @SeeKit_T Asian stocks traded higher across the board on Wednesday, tracking the mixed finish on Wall Street overnight, with bourses in Japan and Shanghai closing at new multi-year highs. Overnight, some U.S. stock indices finished lower, failing to hold momentum from Monday on the back of lackluster earnings. The blue-chip  Dow  and the  S&P 500  closed down 0.5 and 0.2 percent each, while the  Nasdaq  bumped up 0.4 percent with biotech shares leading advances. Symbol Name Price   Change %Change NIKKEI Nikkei 225 Index 20133.90   224.81 1.13% HSI Hang Seng Index 27933.85   83.36 0.30% ASX 200 S&P/ASX 200 5837.49   -34.85 -0.59% SHANGHAI Shanghai Composite Index 4399.88   106.26 2.47% KOSPI KOSPI Index 2143.89   -0.90 -0.04% CNBC 100 CNBC 100 ASIA IDX 7757.13   40.79 0.53% Nikkei rises 1.1%

Asian Markets at Close Report by CNBC ON April 21, 2015: Asian stocks join China stimulus-led global rally

Asian stocks join China stimulus-led global rally See Kit Tang |  @SeeKit_T Asian stocks jumped on Tuesday, drawing support from the global rally in the U.S. and Europe induced by China's move over the weekend to stimulate its cooling economy. The  People's Bank of China  (PBoC)  lowered the reserve requirement ratio  (RRR) for all banks by 100 basis points on Sunday, marking the deepest single reduction since 2008 and the second industry-wide cut in two months. However, Asian markets  failed to get a boost  from the supportive measure on Monday as concerns of further crackdowns on speculative trading by Chinese authorities weighed on sentiment. "China's monetary policy has been much too tight based on international standards and the RRR cut corrects that to some extent," Uwe Parpart, managing director and head of Research at Reorient Financial Markets, told CNBC Asia's " Squawk Box ." "We expect more of that this quarter.

Asian Markets at Close Report by CNBC - June 4, 2014: Asia stocks mixed; ECB meeting, US jobs report in focus

Asian equities were mixed on Wednesday as caution set in ahead of key risk events this week. Attention was on Thursday's European Central Bank meeting. Data on Tuesday showed  eurozone inflation hitting a four-year low in May , which experts say may be the final trigger to bring about new stimulus measures. Read More All eyes on the ECB: Negative rate looms Friday's U.S. nonfarm payrolls report was also in focus. Analysts are expecting 218,000 new jobs in May, according to a Reuters poll, which would be below April's 288,000 figure. Nikkei up 0.2% Japanese shares managed to end at a fresh 2-month peak for the third straight session following a choppy session of trade. A weaker currency underpinned gains with the  yen  at a one-month low of 102.79 per dollar. Steelmakers rallied after Credit Suisse raised the stock ratings of  Nippon Steel & Sumitomo Metal  and  JFE Holdings . Both stocks jumped over 3 percent each, sparking similar gains for  Nisshin

Asian Markets at Close Report by CNBC February 26, 2014: Asian shares choppy; Nikkei falls 0.6%.

 Published: Wednesday, 26 Feb 2014 | 5:50 AM ET Asian shares were volatile on Wednesday, following negative cues from Wall Street and amid lingering concerns over the global economic recovery. U.S. stocks eased from record territory on Tuesday as investors weighed a decline in consumer confidence and better-than-expected earnings from home-improvement retailer Home Depot . The blue-chip Dow shed 0.2 percent, while the Nasdaq and S&P 500 index inched down 0.1 percent. Name Price Change %Change NIKKEI Nikkei 225 Index 14970.97 -80.63 -0.54% HSI Hang Seng Index 22437.44

Asian Markets at Close Report by CNBC February 25, 2014: Asian shares mixed; Upbeat Nikkei rises 1.5%.

 By: See Kit Tang | News Assistant, CNBC Asia-Pacific  Asian shares were mostly higher on Tuesday, after a positive handover from U.S. equity markets boosted sentiment, with Japanese shares posting the biggest gains. Stocks on Wall Street rallied on Monday as investors cheered merger and acquisition news and continued to disregard lackluster economic data, attributing it to harsh winter weather. (Read more: Here are the winners in this record-setting market ) The blue-chip Dow and the Nasdaq added over 0.6 percent each. The S&P 500 index rose to a high of 1,858.76, clearing its record intraday high set on January 15, before pulling back in the last hours of trade to close with a 0.6 percent gain. Name Price Change %Change NIKKEI Nikkei 225 Index

Asian Markets at Close Report by CNBC February 21, 2014.Asian shares mostly higher, Nikkei rallies 3%.

  Published: Friday, 21 Feb 2014 | 5:51 AM ET An upbeat handover from Wall Street on Thursday inspired gains in most Asian shares on Friday, with Japanese equities in particular seeing a robust rally. Shrugging off a mixed bag of economic data, the blue-chip  Dow Jones Industrial Average  and  S&P 500  index both jumped 0.6 percent on Thursday, with the latter nearing its all-time high of 1,850.84. The  Nasdaq  climbed 0.7 percent. (Read more:  Give us smart, not less, regulation: Goldman Sachs ) Name Price Change %Change NIKKEI Nikkei 225 Index 14865.67 416.49 2.88% HSI Hang Seng Index 22568.24 174.16 0.78% ASX 200 S&P/ASX 200 5438.70 26.36 0.49% SHANGHAI Shanghai Composite Index 2113.69 -25.09 -1.17% KOSPI KOSPI Index 1957.83 27.26 1.41% CNBC 100 CNBC 100 ASIA IDX 7102.07 86.86 1.24% Tokyo 3% higher Japanese shares were the brightest spark in Asia, lifted by bargain-hunting following Thursday's losses and amid a weaker  yen . The