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
Japan's Nikkei fell on Monday after an unexpectedly strong U.S. job data dampened market expectations for aggressive rate cuts this month. Also denting the mood was weak domestic economic data. Japan's core machinery orders fell by the most in eight months in a worrying sign that global trade tensions are taking a greater toll on corporate investment. The Nikkei share average dropped 0.9% to 21,555.60 points by midmorning. The broader Topix dropped 0.7% to 1,582.15. Source : Reuters
Hong Kong stocks sank at the start of trade Monday as a forecast-busting US jobs report dashed hopes for a steep cut in interest rates by the Federal Reserve this month. The Hang Seng Index fell 0.91 percent, or 261.69 points to 28,513.14. The benchmark Shanghai Composite Index slipped 0.44 percent, or 13.25 points, to 2,997.81, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.22 percent, or 3.49 points, to 1,597.71. Source : AFP
Asian shares slipped on Monday as investors wagered on a less aggressive policy easing in the United States, while the Turkish lira held near two-week lows after the country's president dismissed its central bank governor over the weekend. Global equities have generally been bolstered by expectations that central banks will keep interest rates at or near record lows to boost economic growth. Those expectations were tempered by a U.S. labor report that showed nonfarm payrolls jumped 224,000 in June, beating forecasts for 160,000, in a sign the world's largest economy still had fire. Asian...
Tokyo stocks opened lower on Monday, tracking falls on Wall Street, as geopolitical worries linked to Iran added to the market's woes. The benchmark Nikkei 225 index was down 0.35 percent or 76.43 points at 21,669.95 in early trade, while the broader Topix index was down 0.25 percent or 3.99 points at 1,588.59. Source : AFP
Hong Kong stocks finished Friday with small losses after fluctuating throughout the day as investors trod cautiously ahead of the release of key US jobs data later in the day. The Hang Seng Index edged down 0.07 percent, or 20.94 points, to 28,774.83. The benchmark Shanghai Composite Index gained 0.19 percent, or 5.81 points, to 3,011.06 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.63 percent, or 9.96 points, to 1,601.20. Source: AFP