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Showing posts with the label Asian Markets at Close Report by MarketWatch; July 4

Hong Kong, Australia stocks stage rebound: Asian Markets at Close Report by MarketWatch; July 4, 2013.

By V. Phani Kumar , MarketWatch  HONG KONG (MarketWatch) — Stocks in Hong Kong and Australia bounced back on Thursday after better-than-expected U.S. economic data spurred gains on Wall Street, while a strengthened yen dragged on Japanese shares.  The Hang Seng Index HK:HSI +1.60%  climbed 1.6% in Hong Kong and the S&P/ASX 200 AU:XJO +1.07%  advanced 1% in Sydney after both benchmarks suffered big losses Wednesday after a weak set of data on the services sector in China.  China’s Shanghai Composite CN:SHCOMP +0.59%  overcame early losses to end 0.6% higher, while South Korea’s Kospi