Stocks in the Asia-Pacific region were mixed on Wednesday as investors weighed macroeconomic figures as well as corporate news. In particular, the Japan reported a larger-than-expected increase in exports for July compared to the same month last year. Its 19 percent export growth beat the 18.2 percent analysts polled by Refinitiv had expected, thanks to […]
Tag: Asian Market
Mixed picture with little volatility in Asian markets
In the midst of countervailing forces, the stock markets in the Asia-Pacific region in the wake of macroeconomic data for China and the reduction of interest rates decided by the country’s central bank and while investment interest turns to economic data expected from Japan and India. In particular, China’s economy presented unexpected slowing trends in […]
Mixed signs in Asian markets after slowdown in China
Major stock indexes in the Asia-Pacific region were mixed but broadly flat as investors weighed weaker-than-expected economic data from China. In particular, mainland Chinese markets are moving in a different direction, with the Shanghai Composite down slightly by 0.1% to 3,272 points and the Shenzhen Component up by 0.4% to 12,462 points. In Hong Kong, […]
Mixed signs in Asia with Nikkei rallying 2.6%
Indices in the Asia/Pacific were mostly mixed, except for Japan’s Nikkei, with investors welcoming the anti-inflation measures announced by Prime Minister Kishida. Notably, returning to trading after yesterday’s national holiday holiday, the Nikkei rallied 2.6% to close at 28,546, while Japan’s broader Topix index also jumped 2% to 1,973. Investors appeared to welcome Prime Minister […]
Asian markets gain boosted by US inflation
Major Asian stocks edged higher on Thursday, boosted by better-than-expected U.S. inflation data that boosted hopes for less aggressive rate hikes from the Federal Reserve. According to data released yesterday in the US, the Consumer Price Index rose in July at an annual rate of 8.5%, down significantly from June’s 41-year high of 9.1%. A […]
Asia is in the red against the background of the 2-year high of Chinese inflation
Stocks in the Asia-Pacific region were lower as investors digested inflation data from China and also awaited US consumer price index numbers. In particular, the consumer price index in China climbed to a 2-year high with an increase of 2.7% in July compared to the same month in 2021, while analysts expected a 2.9% increase. […]
Mild rise in Asia with the exception of the Nikkei 225 – SoftBank plunges 7%
Markets in the Asia-Pacific region were muted, with Hong Kong and Japan the counterweights of today’s session, weighed down by trading in some heavyweights. In particular, in Japan the Nikkei 225 fell 0.87% and the Topix lost 0.66%. “Weighed” SoftBank shares slide 7% after the $21.68 billion loss it announced yesterday for its investment unit […]
Countervailing forces in Asia – ‘Plunge’ for tech giants in Hong Kong
Markets in the Asia-Pacific region are showing mixed signs at the start of the week, with tech giants in Hong Kong to mark “dips” dragging down the general index. In particular, Alibaba loses about 4% and JD.com slips 3%, squeezing the Hang Seng by about -0.75%. Cathay Pacific, on the other hand, jumped 2.36% after […]
The positive climate in the Asian stock markets is maintained
Asian stock markets edged higher on Friday as corporate results kept the mood positive against geopolitical concerns over China’s military exercises around the island of Taiwan in the wake of a visit by US House Speaker Nancy Pelosi. Japan’s defense ministry said Chinese missiles had landed in its exclusive economic zone, calling China’s military exercises […]
Asia gains in wake of Pelosi visit
Most Asian markets were positive on Thursday after yesterday’s rally on Wall Street, with investors putting behind US-China tensions over Nancy Pelosi’s visit to Taiwan and turning their attention to her path corporate profitability and in the estimates for the course of monetary policy in the coming months. On the board, the Japanese Nikkei 225 […]
