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Asian Markets Mixed; Shenzhen Down 1.03%, Hang Seng Rises 0.13%.

Shares in Asia-Pacific were mixed on Friday as some major markets in the region, including Hong Kong and Singapore, closed early for Christmas Eve. Hong Kong’s Hang Seng index advanced 0.13% on the day to close at 23,223.76. Mainland Chinese stocks, on the other hand, closed lower. The Shanghai Composite fell 0.69% to 3,618.05 while …

Asian Markets Mixed; Shenzhen Down 1.03%, Hang Seng Rises 0.13%. Read More »

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Asian Markets Mixed, Austria’s Economy Grows Higher than Expected in Q12020

Shares in Asia-Pacific were mixed on Wednesday, with official data showing higher-than-expected growth in Australia’s economy for the first quarter. The Nikkei 225 in Japan gained 0.46% to close at 28,946.14 while the Topix index climbed 0.84% to finish the trading day at 1,942.33. In South Korea, the Kospi closed nearly 0.1% higher at 3,224.23. Hong Kong’s Hang Seng index shed …

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Asian Markets

Asian Stock Markets Hit Six Week High, Investors Watch Out For U.S GDP Data.

Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising COVID-19 cases in the region weighed on sentiment, pushing oil prices lower. In morning trade, the Nifty 50 in India jumped about 1.2%, while the BSE Sensex advanced 1.32%.   Elsewhere regionally, the Nikkei …

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Asia Markets Traders

Asia Pacific Stocks Edge Higher, China Markets Lead Gains Despite Rising COVID-19 Cases in India.

Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge in Covid-19 infections. Mainland Chinese stocks led gains among the region’s major markets, with the Shanghai composite up 1.49% on the day to 3,477.55 while the Shenzhen component surged 2.894% to 14,117.80. India’s markets tumbled in Monday trade …

Asia Pacific Stocks Edge Higher, China Markets Lead Gains Despite Rising COVID-19 Cases in India. Read More »

Asia Markets

Asian Pacific Stocks Edge Lower Despite Wall Street’s Thursday Gains.

Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record closing high overnight. Hong Kong’s Hang Seng index dipped 0.72% by the afternoon. Shares of Tencent-backed financial technology firm Linklogis surged more than 9% from their issue price by the afternoon in its Hong Kong debut on …

Asian Pacific Stocks Edge Lower Despite Wall Street’s Thursday Gains. Read More »

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Asian Markets Close Higher; Nikkei 225 Closes Past 30,000 for the First Time in 30 Years

Asian stock markets closed higher on Monday following the record closing highs on Wall Street on Friday and as a slowdown in the rate of coronavirus infections and rollouts of Covid-19 vaccine worldwide boosted optimism about the global economic recovery. Markets in China, Taiwan and Hong Kong remained closed for the Lunar New Year holidays. …

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