On Tuesday, stocks in Asia-Pacific suffered losses after a volatile session overnight on Wall Street. In Japan, the Nikkei 225 dropped 2.13% as auto and tech stocks were largely down. The Topix declined 2.13%. In Hong Kong, the Hang Seng index fell more than 2% before recovering slightly to decline 1.65%. Australia’s ASX 200 pared …
Stock futures jumped on Monday morning. They rose, following the S&P 500’s worst week in a long time, more precisely since March 2020, as investors awaited more corporate earnings results as well as a key policy decision from the central bank. U.S. stocks declined on Friday. Notably, the Nasdaq Composite was hit the hardest with …
Stock Futures Strengthened Their Positions on Monday Read More »
Stocks in Asia-Pacific declined on January 21, tracking declines on Wall Street overnight. In the meantime, oil prices plunged from the 2014 highs earlier in the week, falling about 2%. In Japan, the Nikkei 225 dropped 0.9% to end its trading day at 27,522.26. The Topix fell 0.59% to close at 1,927.18. On January 21, …
On Thursday, a small blank-check firm supported by state investor Temasek made its debut, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type. Vertex’s debut came four months after Singapore Exchange allowed special purpose acquisition companies (SPACs) or shell firms to …
European stocks declined on Tuesday as global investors remain attuned to the policy direction of the Federal Reserve. They are also waiting for the corporate earnings season. The pan-European Stoxx 600 declined 1.2% by late morning, with tech and travel stocks each dropping 2.2% to lead losses. In terms of individual share price movement, Auto1 …
European as well as Asian Stocks Suffered Losses Read More »
Mainland Chinese stocks rose on Monday in a mixed trading session across the Asia-Pacific as official data showed the country’s economy grew faster than expected between October and December. The Shanghai Composite gained 0.58% to end its trading day at 3,541.67. The Shenzhen component added 1.51% to 14,363.57. The world’s second-largest economy rose by 8.1% …
Mainland Chinese Stocks and the Country’s Economy Read More »
It was not an easy day for stocks in Asia-Pacific. Stocks in South Korea, as well as Japan, led losses in major markets across the region on Friday as the recent rally in U.S. stocks broke momentum with the Nasdaq Composite breaking a three-day winning streak. U.S. stocks declined on Thursday. The S&P 500 fell …
Stocks in South Korea and Japan Suffered Significant Losses Read More »
U.S. stocks rose on January 12 after an important inflation report showed a historic gain but largely matched expectations. On January 12, the S&P 500 gained roughly 0.28% to 4,726.35. The Nasdaq Composite advanced 0.23% to 15,188.39 for its third straight positive day. Meanwhile, the Dow Jones Industrial Average, which shuffled between modest gains and …
Key Inflation Report and its Influence on Stocks Read More »
Chinese markets saw gains on the day, tracking gains in other Asia-Pacific markets. In Hong Kong, the Hang Seng index jumped 2.79% to end its trading day at 24,402.17. The Hang Seng tech index added nearly 5%, with Tencent rallying 4.52%. On Wednesday, Alibaba added 5.89%, Meituan gained 9.33%, and J.D. added 11.05%. Mainland Chinese …
Hang Seng Index Jumped on Wednesday Thanks to Tech Stocks Read More »
European stocks rose on Tuesday as investors waited for the subsequent U.S. inflation reading on Wednesday. They also monitor comments from the U.S. Federal Reserve. The pan-European Stoxx 600 added 1% by noon, mostly recouping the 1.3% decline by Monday’s close. Tech stocks gained 2.3% to lead gains as most sec and major bouses entered …
European Stocks Rose As Investors Monitor Inflation Data Read More »
Stocks in Asia-Pacific were mixed on January 5, as technology stocks in the region came under pressure amid rising U.S. bond yields. Hong Kong-listed shares of Tencent dropped 4.31% on January 5. One day earlier, the tech giant announced that it will be divesting 2.6% of its equity interest in Sea Limited. Shares of other …
U.S. stocks jumped on Monday as investors began 2022 by betting the economy could overcome the latest surge in Covid cases and lifted two of their favorite stocks to significant milestones. Shares of Apple rose to become the first company ever with a $3 trillion market valuation. Meanwhile, shares of Tesla gained 13.5%. Apple’s shares …
U.S. Stocks Rose on the First Trading Day of the Year Read More »
Stocks in Asia-Pacific were mixed on January 3 as trading in 2022 kicked off, with some major markets in the region closed. In Hong Kong, the Hang Seng index dropped 0.53% to end its trading day at 23,274.75. China’s one of the major real estate developers, China Evergrande Group, suspended trading in Hong Kong on …
Stocks in Asia-Pacific were mixed on December 30 in spite of gains overnight on Wall Street. On December 29, the S&P 500, as well as the Dow Jones Industrial Average, reached great results. In Hong Kong, the Hang Seng index gained 0.11% to close at 23,112.01. Shares of SenseTime Group gained more than 4% from …
Chinese Stocks Demonstrated Their Strength on December 30 Read More »
Stocks in Asia-Pacific were mixed on December 29 as analyzed the impact of the omicron Covid variant. Mainland Chinese stocks declined on December 29. The Shanghai composite dropped 0.91% to finish its trading day at 3,597. The Shenzhen component fell 1.24% to close at 14,653.82. In Hong Kong, the Hang Seng index dropped about 1%, …
Stocks Were Mixed As Investors Assessed Omicron’s Impact Read More »
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