Showing posts with the label Markets at Close Report.

Asia-Pacific Markets at Close Report: Asia-Pacific Makets Mixed, The Reserve Bank of Indiab(RBI) Hrld Steady on Interest Rates.

Source: Eustance Huang 2 minutes SINGAPORE — Shares in Asia-Pacific were mixed on Friday, as the Reserve Bank of India held steady on interest rates. Hong Kong's Hang Seng index closed 0.17% lower at 28,918.10. In mainland China, the Shanghai composite rose 0.21% on the day to 3,591.84 while the Shenzhen component gained 0.744% to close at 14,870.91. In Japan, the Nikkei 225 fell 0.4% to close at 28,941.52 while the Topix index finished the trading day fractionally higher at 1,959.19. South Korea's Kospi closed 0.23% lower at 3,240.08. Meanwhile, stocks in Australia advanced, with the S&P/ASX 200 0.49% higher on the day to 7,295.40. Shares in India were lower in Friday trade, with the Nifty 50 declining 0.41% and the BSE Sensex falling 0.51%, as of 1:49 p.m. local time. The moves came after the Reserve Bank of India on Friday announced its decision to keep interest rates steady. MSCI's broadest index of

How did The U.S. Market Closed On Monday 1rst, 2021 | U.S. Sock Market at Close Report by MarketWatch: Dow Climbs More Than 200 Points on May 1rst.... Dow climbs more than 200 points on the first trading day of May, retail stocks lead gains Yun Li 4-5 minutes U.S. stocks climbed on Monday, the first trading day of May, as shares tied to the economic reopening rallied on relaxed pandemic restrictions. The Dow Jones Industrial Average rose 238.38 points, or 0.7%, to 34,113.23. The S&P 500 gained 0.3% to 4,192.66. The Nasdaq Composite fell 0.5% to 13,895.12, however, after Big Tech stocks pulled back following a strong month. Bets on the economic reopening led the market advance, especially retailers. Royal Caribbean and American Airlines rose more than 1% each. Gap rallied more than 7%. Dillard's rose nearly 10%, while Macy jumped 8%. Urban Outfitters and Kohl's both gained more than 5%. The rally in these stocks came after New York Governor Andrew Cuomo announced that most capacity restrictions will be lifted across New York,

Markets at Close Report on February 2, 2021

  ASIA Asia-Pacific stocks mostly rise; China announces new anti-monopoly rules aimed at tech giants Eustance Huang 3-4 minutes SINGAPORE — Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China's tech giants following the release of new anti-monopoly guidelines over the weekend. Chinese tech shares were mixed as concerns that Beijing was tightening restrictions on the country's tech giants weighed. By the Monday market close in Hong Kong, shares of Chinese tech giants listed in the city were mixed.  Tencent  was higher by 0.48% while  Meituan  gained 1.25%. Meanwhile,  declined 0.6% and  Alibaba  dipped 0.62%. China's State Administration for Market Regulation released a new set of rules that will likely put pressure on leading internet services in the country such as Alibaba's Taobao or Tencent's WeChat Pay, according

Markets at Close Report: How did The Stocks Markets Close Yesterday

 ASIA Asia-Pacific stocks mostly rise; video sharing app Kuaishou soars in Hong Kong debut Eustance Huang 3-4 minutes SINGAPORE — Shares in Asia-Pacific rose on Friday following overnight gains stateside that saw the S&P 500 hitting a record closing high. Shares of China's Kuaishou Technology soared in their Hong Kong debut, rocketing nearly 200% from their issue price of 115 Hong Kong dollars (about $14.83) per share. The stock later pared those initial gains, but was still up about 160.87% on the day. Meanwhile, the benchmark Hang Seng index in Hong Kong gained 0.6% to close at 29,288.68. Mainland Chinese stocks lagged as they closed lower: The Shanghai composite was down 0.16% to 3,496.33 while the Shenzhen component declined 0.653% to about 15,007.30 In Japan, the Nikkei 225 gained 1.54% to close at 28,779.19 while the Topix index rose 1.38% to finish its trading day

Markets at Close Report.

ASIA Asia-Pacific stocks mixed; private survey shows China's services activity growth slowed sharply in January Eustance Huang 3 minutes SINGAPORE — Stocks in Asia-Pacific were mixed on Wednesday as a private survey showed China's services sector activity growth slowing sharply in January . Mainland Chinese stocks declined on the day, with the Shanghai composite down 0.46% to 3,517.31 while the Shenzhen component slipped 0.668% to 15,233.15. Hong Kong's Hang Seng index nudged 0.2% higher to close at 29,307.46. The Caixin/Markit services Purchasing Managers' Index for January came in at 52, representing growth at its slowest pace in nine months. That compared against December's reading of 56.3. Levels above 50 in PMI readings represent expansion while those below that level signify contraction. PMI readings are sequential and show on-month expansion or contraction. Elsewhe

Markets at Close Report

 Asia Shares in Taiwan and Shenzhen jump 2% as Asia-Pacific markets rise Eustance Huang 3-4 minutes SINGAPORE — Stocks in Asia-Pacific rose on Tuesday following an overnight jump on Wall Street. The Shenzhen component in mainland China saw robust gains as it rose 2.073% on the day to 15,335.66. The Shanghai composite advanced 0.81% to 3,533.68. Hong Kong's Hang Seng index was 1.15% higher, as of its final hour of trading. The Taiex in Taiwan also saw strong gains as it rose 2.27% to close at 15,760.05. South Korea's Kospi jumped 1.32% to end its trading day at 3,096.81. India's Nifty 50 jumped 2.4% while the BSE Sensex also surged about 2%, as of around 1:10 p.m. local time. That came after India's finance minister on Monday presented the country's budget for the fiscal year that begins April 1 and ends March 31, 2022. In Japan, the Nikkei 225 gained 0.97% to close at 28,362.17 while t

How Did The Markets do Today?

Asia South Korea surges nearly 3% as Asia-Pacific stocks rise; China's manufacturing growth slowed in January Eustance Huang 2-3 minutes SINGAPORE — Stocks in Asia-Pacific surged on Monday as silver prices saw strong gains. South Korea's Kospi led gains among the region's major markets, jumping 2.7% to close at 3,056.53 as shares of biopharmaceutical firm Celltrion soared 14.51%. Hong Kong's Hang Seng index also saw robust gains, advancing 2.15% to finish its trading day at 28,892.86. Mainland Chinese stocks nudged higher on the day as the Shanghai composite rose 0.64% to 3,505.28 while the Shenzhen component advanced 1.365% to 15,024.24. A private survey showed Chinese manufacturing activity growth slowing in January, with the Caixin/Markit manufacturing Purchasing Managers' Index (PMI) coming in at 51.5. That compared against expectations for a reading of 52.7