Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose 2.01 percent, or 62.24 points, to 3,152.81 while the Shenzhen Composite Index on China's second exchange rallied 1.28 percent, or 25.84 points, to 2,041.89. Source : AFP
European stocks made a muted start to Wednesdays session as comments from U.S. President Donald Trump reignited fears over trade. The pan-European Stoxx 600 traded just below the flatline at 388.85 after the opening bell, oil and gas stocks tumbling 1.2% while household goods were the strongest early performers with a 0.5% rise. Market focus is largely attuned to the U.S.-China trade spat. President Trump on Tuesday said that the U.S. and China still have a œlong way to go on trade, adding that Washington could slap tariffs on an additional $325 billion in Chinese goods œif we...
Tokyo stocks closed lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index lost 0.31 percent, or 66.07 points, to close at 21,469.18, while the broader Topix index inched down 0.08 percent, or 1.33 points, at 1,567.41. Source : AFP
Hong Kong shares started Wednesday on a negative note after Donald Trump sparked fresh trade war worries by warning he could hit China with more tariffs whenever he wanted. The Hang Seng Index fell 0.54 percent, or 155.85 points, to 28,463.77. The benchmark Shanghai Composite Index dropped 0.38 percent, or 11.25 points, to 2,926.37 but the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.08 percent, or 1.31 points, to 1,573.12. Source : AFP
Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and a Brexit-driven dive in the pound. Oil prices also took a spill on hints U.S. tensions with Iran could be easing and as data showed stockpiles fell by less than expected last week. Early action was muted with MSCIs broadest index of Asia-Pacific shares outside Japan off 0.18%. Japans Nikkei eased 0.3% and South Korea 0.8%. E-Mini futures for the S&P 500 were flat. Source : Reuters
Tokyo stocks opened lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks receded after recent comments from both sides. The benchmark Nikkei 225 index was down 0.24 percent or 52.58 points at 21,482.67 in early trade, while the broader Topix index was down 0.27 percent or 4.17 points at 1,564.57. Source : AFP