Hong Kong stocks suffered another sell-off Monday as concerns about the rumbling China-US trade war overshadowed a broad advance across most of Asia. The Hang Seng Index fell 0.57 percent, or 158.85 points, to 27,787.61. The benchmark Shanghai Composite Index ended 0.41 percent, or 11.70 points, down at 2,870.60, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.75 percent, or 11.50 points, to 1,521.72. Source : AFP
Japanese share prices were capped on Wednesday by concerns about the broader economic impact of rising tensions between Washington and Beijing, while an array of disappointing corporate earnings added to the downcast mood. The Nikkei share average was off 0.08% at 21,051, after spending much of the session under water, even after seven straight days of losses until Tuesday. The broader Topix, which hit a four-month low the previous day, was down 0.03% at 1534.51. Trade-sensitive stocks came under pressure, even though global shares have somewhat stabilised after U.S. President Donald...
Hong Kong stocks opened with small gains Wednesday following another sell-off the day before but investors are cautiously keeping track of developments in the China-US trade war. The Hang Seng Index in Hong Kong edged up 0.18 percent, or 49.30 points, to 28,171.32. And the benchmark Shanghai Composite Index added 0.66 percent, or 19.03 points, to 2,902.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.86 percent, or 13.33 points, to 1,555.40. Source : AFP
Asian stocks struggled near a 3-1/2-month low on Wednesday on lingering concerns over the economic impact of a U.S.-China trade war, although an overnight bounce on Wall Street helped limit the losses. MSCIs broadest index of Asia-Pacific shares outside Japan edged down 0.05%. The index had fallen to its lowest level since the end of January the previous day as a trade conflict between the United States and China intensified. Beijing on Monday imposed a tariff hike on U.S. goods following Washingtons decision last week to hike its levies on Chinese imports. Source : Reuters
Tokyo stocks opened almost flat on Wednesday, with trade war fears lingering despite optimistic comments from US President Donald Trump that helped US shares recover losses from earlier in the week. The benchmark Nikkei 225 index was up just 0.01 percent or 1.85 points at 21,069.08 in early trade, while the broader Topix index was up 0.13 percent, or 2.02 points, at 1,537.00. Source : AFP
Shares in Hong Kong sank Tuesday, in line with a sell-off across Asia and following a hammering on Wall Street as China's retaliation against US tariff hikes fanned fears of an all-out trade war between the economic titans. The Hang Seng Index fell 1.50 percent, or 428.22 points, to 28,122.02. The benchmark Shanghai Composite Index lost 0.69 percent, or 20.10 points, to 2,883.61 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.62 percent, or 9.68 points, to 1,542.07. Source : AFP