A positive mood prevails in the markets of the Asia-Pacific region on Wednesday, closely following the euphoria that prevailed on Tuesday on Wall Street. On the board, the Japanese Nikkei gained 2.64% to 27,672.50 points, with the South Korean KOSPI to record gains of 0.65%, while in Hong Kong the Hang Seng increases by 1.55%. […]
Tag: Asian Market
Asian markets retreat, Nikkei 225 resists
Stocks in the Asia-Pacific region fell after a positive start to the week, with investors weighing minutes from the Reserve Bank of Australia’s meeting, which showed the board saw current interest rates as “way too low”, which suggests that further increases will be needed to bring inflation back to the target. Earlier this month, the […]
Asia gains boosted by +2.5% in Hong Kong
Stocks in the Asia-Pacific region are moving higher at the start of the week with Hong Kong leading the gains. “Positive momentum is the order of the day in Asian markets this week with macro-heavy announcements,” ING’s Robert Carnell and Iris Pang said in a note, highlighting the impact Friday’s mini-rally on Wall Street will […]
Mixed signs in Asia – Losses in China against the backdrop of the GDP ‘brake’
Indices in the Asia-Pacific region ended the week’s final trading with mixed signs, as an unexpected slowdown in China’s GDP weighed on the country’s indexes. Specifically, in Japan the Nikkei closed with a 0.5% increase at 26,770 points, while the Topix moved a little lower at +0.3% and 1,888 points. In South Korea the Kospi […]
Mixed signs in Asia – Plunge in China against the backdrop of the GDP ‘brake’
Indices in the Asia-Pacific region ended the week’s final trading with mixed signs, as an unexpected slowdown in China’s GDP weighed on the country’s indexes. Specifically, in Japan the Nikkei closed with a 0.5% increase at 26,770 points, while the Topix moved a little lower at +0.3% and 1,888 points. In South Korea the Kospi […]
Asian markets edged up for a second day
The main stock markets in the Asia-Pacific region are moving higher for the second consecutive session, with investor interest today focused on unemployment data in Australia and data on growth in Singapore. In Australia, the economy added an extra 88,400 jobs in June, official data showed, far more than the 30,000 jobs economists in a […]
Soft gains in Asia – Tianqi Lithium ‘Plunges’ up to 10% on debut
Most markets in the Asia-Pacific region were slightly higher, with investor interest focused on trade data from China and interest rate hike decisions by the central banks of Korea and New Zealand. In particular, data released by Beijing on Chinese trade showed a 13.2% increase in yuan-denominated exports for the first half of 2022, while […]
Nikkei and technology keep Asia in the red
Most stock markets in the Asia-Pacific region are down, with investors showing no appetite for risk, while the technology sector continues to “suffer”. Meanwhile, investors are eyeing US inflation data this week and China’s GDP report. The Bank of Korea is also meeting in the next few days. In this climate, in Japan the Nikkei […]
Strong losses of 3% in Hong Kong as Tencent and Alibaba plunge
“Plunge” 3% registers the Hang Seng index Hong Kong after news that China fined Tencent and Alibaba, tech-weighted Hang Seng Tech fell 4.16%. In particular, Beijing fined several companies, including tech giants Alibaba and Tencent, for failing to comply with antitrust rules on disclosure of transactions, according to Reuters. Hong Kong-listed Alibaba and Tencent slipped […]
Profits in Asian stock markets
Asian shares edged higher on Friday, following gains on Wall Street after two Federal Reserve officials gave encouraging remarks that the US economy may avoid a recession and amid reports that China may increase construction spending in a new attempt to stimulate its economy. On the board, Japan’s Nikkei 225 rose 0.1% to 26,517.19 points. […]
