Fri, January 27, 2023

Asian stocks trading

Stocks and central banks

Stocks hover around record highs as traders wait for data

Stocks globally reached their records on Tuesday. At the same time, the dollar almost reached its recent lows as markets awaited jobs data in the US. Besides, central bank meetings in the US and the EU should guide the interest rates outlook. Asia-Pacific shares outside Japan touched a three-month high. However, the profits were pulled …

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Warner Music Group and its plans, stock market

Global Stocks trade mixed with inflation in focus

The Federal Reserve has insisted that the current pace of inflation is unlikely to be sustained after the initial burst of activity associated with the reopening of the economy. Despite considering that the price increase will be “transitory,” several central bank participants begin to discuss a plan to adjust the rate of purchase of assets …

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The majority of Southeast Asian stock markets closed in red

Southeast Asian stock markets closed higher, except Bangkok

The Southeast Asian stock markets ended their sessions this Friday with rises. It resulted from optimism due to the signs of economic recovery in the United States. Besides, there is still caution in the face of the new wave of the COVID-19 in Asia. Among the Asian stock exchanges that ended the day with gains, …

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Asian Stock Market: Businessman writing the trading graph of the stock market. broker

Asian stocks recovered but struggled to hold onto gains

Asia Pacific stock exchanges closed Tuesday with bullish results, except for slight losses in Indonesia and Vietnam. The recovery of US equity futures boosted the stocks and pushed regional currencies against the dollar.  In Singapore, the city-state stock market advanced 37.37 points, 1.22%, and the Straits Times composite indicator remained at 3,108.53 units. In Malaysia, …

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stock exchanges concept; wall street sign – Wibestbroker

Volatility takes over Wall Street in last trading session

On Friday, stock-index futures traded mostly higher in uneven price action. It happened after rising Treasury yields sparked a tech-led selloff. It left the Nasdaq Composite with its most significant one-day loss since October.  Dow Jones futures today are down 0.43% 0.2%, to 31,313. Those of the S&P 500 saw a 0.18% increase, they were …

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Wibest – Bank of China: Chinese yuan bills.

Negative sentiment prevailed in Asian markets

The European shares opted for caution after rising without much energy in the opening. The negative sentiment has predominated in the Asian markets, where investors have taken profits, and the falls in Wall Street futures dragged the Asian indices. Only the German Dax manages to trade with slight gains, but the rest registered small decreases. …

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Stocks and various factors

Stocks in Asia-Pacific and Europe on Tuesday

It was an interesting day, as stocks in Asia-Pacific mostly advanced on February 9 with mainland Chinese stocks leading gains. However, European stocks closed slightly lower on Tuesday as the rally that’s seen global stocks nudging to record highs appeared to be cooling. It is worth noting that, the benchmark Shanghai Composite added 2.01% to …

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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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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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Huawei –banners of Huawei outside a building – Wibest

United Kingdom bans Huawei 5G telecoms equipment

Relations between Chinese tech giant Huawei and the U.S. are quite complicated. However, the U.S. is not the only country that decided to take measures against the tech giant. For example, the U.K.’s government decided to ban the installation of new Huawei 5G equipment from September 2021. The government plans to remove the Chinese firm’s …

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