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
Japanese shares rose on Thursday, with the Tokyo Stock Exchange's Topix index hitting a four-month high, as signs of a thaw in U.S.-China trade frictions lift cyclical stocks such as machine makers. The Nikkei share average rose 0.89% to 21,789.46, while the broader Topix gained 0.73% to 1,595.22, hitting its highest since early May. U.S. President Donald Trump said on Wednesday Washington has agreed to delay increasing tariffs on $250 billion worth of Chinese imports by two weeks after Beijing said it would exempt 16 types of U.S. products from import tariffs. Source : Reuters
Hong Kong stocks rose again on Thursday morning after Donald Trump delayed the latest round of tariffs on Chinese goods, fuelling fresh hopes for an easing of trade tensions between the two biggest economies. The Hang Seng Index added 0.46 percent, or 124.92 points, to 27,283.98. And the benchmark Shanghai Composite Index added 0.26 percent, or 7.82 points, to 3,016.63 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, also rose 0.26 percent, or 4.28 points, to 1,675.82. Source : AFP
Stocks in Asia traded higher Thursday morning amid positive developments on the U.S.-China trade front. Markets also expect further easing measures by the European Central Bank when it announces its decision on interest rates later today. The Nikkei 225 rose 0.86% in early trade, while the Topix added 0.55%. Shares of Yahoo Japan jumped more than 4.5% in early trade after reports that the company will launch a takeover bid for online clothing retailer Zozo. In Australia, the S&P/ASX 200 gained 0.57% as majority of the sectors advanced. Overall, the MSCI Asia ex-Japan index gained...
Tokyo stocks opened higher on Thursday extending rallies on Wall Street, as the yen eased further against the dollar and concerns over the US-China trade dispute receded. The benchmark Nikkei 225 index was up 1.01 percent or 217.06 points at 21,814.82 in early trade, while the broader Topix index was up 0.76 percent or 12.00 points at 1,595.66. Source : AFP
Hong Kong stocks closed sharply higher Wednesday, in line with healthy gains across Asia on optimism about the outlook for next month's China-US trade talks and following Beijing's decision to further open up its financial markets. The Hang Seng Index rallied 1.78 percent, or 475.38 points, to 27,159.06. However, the benchmark Shanghai Composite Index fell 0.41 percent, or 12.39 points, to 3,008.81 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.93 percent, or 15.77 points, to 1,671.54. Source : AFP