Wed, May 22, 2024

Stock Markets

Shares of Cathay Pacific

Shares of Hong Kong’s Cathay Pacific Fell More than 9%

It was not an easy day, as stocks in major Asian-Pacific markets fell on January 28. However, before discussing stocks in Asia-Pacific, let’s have a look at the shares of Hong Kong’s flag carrier Cathay Pacific.  Interestingly, shares of Cathay Pacific fell 9.71% after the firm said that it would issue convertible bonds worth 6.74 …

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Johnson & Johnson and its results

Johnson & Johnson Surpassed Expectations in the Q4

Johnson & Johnson ( J&J) is a world-famous company the develops various products. This week more precisely on Tuesday the New Jersey-based company reported fourth-quarter earnings and revenue that surpassed Wall Street’s expectations. The revenue in the fourth quarter reached $22.48 billion.  Interestingly J&J also said it would release key details regarding its coronavirus vaccine …

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Investor sentiment on Monday

Coronavirus Pandemic and Stocks on January 25

The coronavirus pandemic created numerous challenges in 2020. Unfortunately, the pandemic is not over yet and this issue remains one of the most discussed topics in the world. It is worth mentioning that, stocks in Asia-Pacific strengthened their positions on Monday. Interestingly, investors continued to monitor the situation surrounding the coronavirus pandemic, and this factor …

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Stock futures

Hong Kong-listed Shares of Oil Giant CNOOC Fell on Friday

It was a tough day for stocks in the Asia Pacific, as shares of oil giant CNOOC in Hong Kong fell on Friday. Interestingly, China National Offshore Oil Corporation (CNOOC) is one of the largest national oil companies in the country. Shares of CNOOC dropped 5.57%. Importantly, that came after index provider MSCI announced that …

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Alibaba and its shares

Shares of Chinese Tech Giant Alibaba Jumped More than 8%

Stocks in major Asia-Pacific markets were mostly higher on January 20, but before discussing stocks, let’s have a look at the shares of world-famous tech giant Alibaba. It is worth noting that, Hong Kong-listed shares of Alibaba jumped 8.52% following the reappearance of founder Jack Ma.  As a reminder, the company’s founder appeared in a …

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Stocks and various factors

Investors, Chinese Economic Data, and Stocks on Monday

Stocks in Asia-Pacific were mixed on Monday, but before discussing stocks from across the region, let’s have a look at the shares of firms related to Samsung Group. Importantly, Samsung heir Jay Y. Lee received a 2-½-year jail term. This news affected the shares of the firms related to the group.  Importantly, industry heavyweight Samsung …

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Aviation and stock market

Why it Makes Sense to Invest in Biopharma Stocks

In 2020, the coronavirus pandemic created tons of challenges for the public as well as private organizations. However, the sector’s stocks repeated 2019’s underperformance. However, this year should be different according to industry analysts, as it ushers in an administration supportive of the Affordable Care Act as well as a return to pre-Covid levels of …

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Last Week’s Stock Market Overview

Mainland Chinese Stocks Saw Gains on the Last Day of 2020

Today is the last of 2020, and let’s have a look at the stocks in Asia-Pacific on the last day of the year. Interestingly, stocks in Asia-Pacific were mixed as multiple markets in the region early for New Year’s Eve.  Let’s start with mainland Chinese stocks. The Shanghai Composite added 1.72% to 3,473.07. At the …

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