Showing posts with the label and US Markets Closing Report.

Asia, Europe, and US Markets Closing Report | August 16, 2022:

  ASIA Source: Asia-Pacific markets were mixed as BHP and Chinese real estate shares soar 12-15 minutes Asia-Pacific shares were mixed on Tuesday as strong rallies from Chinese real estate companies and Australian miners were offset by muted Japanese and Hong Kong markets. Mainland China closed in positive territory. The Shanghai Composite gained 0.05% to 3,277.89 and the Shenzhen Component was up about 0.08% at 12,470.11. Hong Kong's Hang Seng finished the day 1.05% lower. MSCI broadest index of Asia-Pacific shares outside Japan decreased 0.02%. Japan's Nikkei 225 finished flat at 28,868.91 while the Topix index dipped 0.15% to 1,981.96. The Kospi closed higher by 0.22% to settle at 2,533.52. The S&P/ASX 200 in Australia rose 0.58% to 7,105.4 with the major miners all posting strong returns led by BHP's rise of 4.09% following a sterling full-year profit result. The annual who

Asia, Europe, and US Markets Closing Report | August 12, 2022:

ASIA Source: Japan's Nikkei 225 rises around 2% on return to trade; Asia shares mixed Abigail Ng 4-5 minutes SINGAPORE — Japan stocks surged on return to trade, while shares in the Asia-Pacific were mixed on Friday following strong gains in the previous session as investors digested the U.S. inflation report. The Nikkei 225 jumped 2.62% to 28,546.98, while the Topix index rose 2.04% to 1,973.18. Japanese markets were closed Thursday for a holiday. Japan's Prime Minister Fumio Kishida on Friday said he will ask his government to come up with ways to address rising fuel and food prices in the country, Reuters reported. Inflation in Japan is not as hot as in other countries, but is hovering above the central bank's 2% target. In Australia, the  S&P/ASX 200 shed 0.54% to 7,032.5. But I think there are growth downside risks, particularly for China and that, I think, will keep a l

Asia, Europe, and US Markets Closing Report | August 11, 2022:

  ASIA   Source: Hong Kong's Hang Seng leads gains, Asia stocks rise after better-than-expected U.S. inflation report Abigail Ng 3-4 minutes SINGAPORE — Asia-Pacific markets climbed on Thursday after a better-than-expected inflation report in the U.S. sent stocks spiraling higher. Hong Kong's Hang Seng index advanced 2.4% to 20,082.43, with the Hang Seng Tech index rising 3.67%. Mainland China markets also ticked up. The Shanghai Composite gained 1.6% to close at 3,281.67 and the Shenzhen Component climbed 2.05% to 12,474.03. We doubt very much that one monthly data point will be sufficient to get the Fed to drop its hawkish guard. Brian Martin, Daniel Hynes ANZ Research Australia's S&P/ASX 200 rose 1.12% to end the session at 7,071. The Kospi in South Korea was 1.73% higher at 2,523.78 and the Kosdaq jumped 1.45% to 832.15. MSCI's broadest index of Asia-Pacif