Posts

Showing posts with the label Europe & US Markets at Close Report

Asia, Europe & US Markets at Close Report

Image
                                                                            ASIA Asia shares mostly lower as US futures point to further turmoil stateside Eustance Huang Major stocks indexes in Asia were mostly lower on Thursday as U.S. futures pointed to another volatile session for Wall Street after Apple lowered guidance for first quarter and warned of weaker sales in China . South Korea’s Kospi fell 0.81 percent to finish its trading day at 1,993.70 as shares of Apple suppliers Samsung Electronics and SK Hynix dropped 2.97 percent and 4.79 percent, respectively. Over in the Greater China region, the Hang Seng index gave up earlier gains to slip 0.22 percent, as of its final hour of trade. The mainland Chinese markets, watched in relation to Beijing’s ongoing tariff fight with Washington, reversed its earlier gains. The Shanghai composite closed largely flat at about 2,464.36 while the tech-heavy Shenzhen composite fell 0.798 percent to finish its trading da

Asia, Europe & US Markets at Close Report.

Image
                                        ASIA Asian stocks see losses on the first trading day of 2019 Eustance Huang Shares in Asia were mostly lower on the first trading day of 2019, on the back of a turbulent 2018 that saw most major global stock exchanges end the year with significant losses. South Korea’s Kospi slipped 1.52 percent to close at 2,010.00, despite shares of industry heavyweight Samsung Electronics and chipmaker SK Hynix gaining 0.13 percent and 0.17 percent, respectively. The ASX 200 in Australia ended its trading day lower by 1.57 percent at 5,557.80. The heavily-weighted financial subindex fell 2.01 percent as shares of the so-called Big Four banks Down Under declined. Australia and New Zealand Banking Group dropped 2.45 percent, Commonwealth Bank of Australia slipped 1.96 percent, Westpac declined by 2.24 percent and National Australia Bank shed 1.83 percent. The Japanese stock markets were closed for a public holiday on Wednesday. One in

Asia, Europe & US Markets at Close Report.

Image
                                                                            ASIA As rest of Asia rises on Friday, Japan solidifies first annual decline since 2011 Eustance Huang Japanese stocks ended their trading year in negative territory on Friday. The Nikkei 225 and Topix index both struggled for gains on the day: The former slipped 0.31 percent to close at 20,014.77 while the latter shed 0.5 percent to finish its trading week at 1,494.09. The declines came on the back of two straight days of gains for both indexes. Those losses saw the Nikkei 225 post its first annual loss since 2011. The Topix also booked its largest annual loss since 2011, according to Reuters. The Japanese markets are closed next Monday, making Friday their final trading day of 2018. The moves in Japan came after the country’s central bank released its summary of opinions from its December monetary policy meeting, where it noted the “heightening” of downside risks to economic activity. “Reg