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Showing posts with the label Asian and European Markets at Close Report.

Asian and European Markets at Close Report by MarketWatch on January 19, 2015

By LAURA HE ASIA MARKETS REPORTER HONG KONG (MarketWatch) — Chinese stocks dived the most in over six years Monday, with a wide sell-off sweeping across the financial sector as investors turned jittery over the latest move by securities regulators to clean up the margin-trading business. The benchmark Shanghai Composite Index  SHCOMP,  -7.70%    plunged 7.7% to close at 3,116.35, posting its biggest daily percentage decline since June 2008 . Prior to Monday’s heavy loss, the index was up 4.4% for the month to date, extending gains after finishing 2014 with a sharp 53% advance. The plunge in mainland China helped to push Hong Kong’s benchmark Hang Seng Index  HSI,  -1.51%   down 1.5%, with the Hang Seng China Enterprises — which tracks Hong Kong-listed mainland Chinese companies — off 5%. The China Securities Regulatory Commission, the nation’s top market watchdog, announced Friday that a dozen brokerage firms had been punished for violations of margin-trading rules af

Asian and European Markets at Close Report - November 26, 2014 | MarketWatch.

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Japan stocks decline as auto makers fall By LAURA HE ASIA MARKETS REPORTER HONG KONG (MarketWatch) — Japan stocks posted a second straight day of drops on Thursday, as auto makers suffered heavy losses after the U.S. regulators ordered a nationwide recall of air bags made by Japanese company Takata Corp. The Nikkei Average  NIK,  -0.78%   ended down 0.8%, with the broader Topix I0000,  +0.03%   dropping 1%. The yen  USDJPY,  +0.00%   , meanwhile, strengthened versus the greenback to ¥117.41 from ¥117.62 in the prior session. Auto-parts maker Takata Corporation  7312,  -4.79%   sank 4.8%, after the U.S. National Highway Traffic Safety Administration ordered the company to recall its driver-side air bags nationwide. Japanese auto makers suffered, with Honda Motor Co., Ltd.  7267,  -3.33%   sliding 3.3%. Honda Motor had recalled cars with Takata airbags in March 2002, two years earlier than previously thought, according to a Reuters report. Mazda Motor Corp.  726