Hong Kong shares fell on Monday following last week's healthy gains, while investors were also spooked by fresh violent protests in the city and data further highlighting weakness in the Chinese economy. The Hang Seng Index lost 0.83 percent, or 228.14 points, to 27,124.55. The benchmark Shanghai Composite Index was barely moved, inching down 0.49 points to 3,030.75, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.23 percent, or 3.86 points, to 1,685.09. Source: AFP
Hong Kong stocks opened with small gains on Friday as investors cheered a fresh round of stimulus measures from the European Central Bank, with hopes for a Federal Reserve interest rate cut next week. The Hang Seng Index added 0.25 percent, or 66.88 points, to 27,154.51. Mainland Chinese markets were closed for a public holiday. Source : AFP
Asian stocks advanced on Friday as hints of progress in the U.S.-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2%, while Japan's Nikkei rose 0.4%. Sentiment was also supported by U.S. President Donald Trumps announcement that his administration would unveil a tax overhaul plan aimed at middle-income households next year. The United States on Thursday welcomed China's renewed purchases of U.S. farm goods while maintaining the...
Tokyo stocks opened higher on Friday as investors cheered a massive stimulus programme from the European central bank that eased worries over the global economy, as well as a cheaper yen. The benchmark Nikkei 225 index was up 0.59 percent or 128.72 points at 21,888.33 in early trade, while the broader Topix index gained 0.26 percent or 4.12 points to 1,599.22. Source : AFP
Hong Kong stocks ended with slight losses on Thursday as profit-taking from a recent rally offset hopes for the China-US trade war after the two sides said they would delay some tariffs ahead of next month's talks. The Hang Seng Index dropped 0.26 percent, or 71.43 points, to 27,087.63. The benchmark Shanghai Composite Index added 0.75 percent, or 22.43 points, to 3,031.24 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.58 percent, or 9.69 points, to 1,681.23. Source : AFP
U.S. stocks advanced on Thursday, and the S&P 500 closed within striking distance of its all-time high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank. Based on the latest available data, the Dow Jones Industrial Average rose 47.11 points, or 0.17%, to 27,184.15, the S&P 500 gained 8.77 points, or 0.29%, to 3,009.7 and the Nasdaq Composite added 24.79 points, or 0.3%, to 8,194.47. Source : Reuters