Japanese stocks fell after the close on Monday (6/23), as losses in the Paper & Pulp, Transportation and Communications sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.01%. The best performers on the Nikkei 225 were Chugai Pharmaceutical Co., Ltd. (TYO:4519), which rose 4.47% or 321.00 points to trade at 7,510.00 at the close. Meanwhile, Sapporo Holdings Ltd. (TYO:2501) rose 4.38% or 315.00 points to close at 7,500.00 and Bandai Namco Holdings Inc. (TYO:7832) gained 2.17% or 106.00 points to 5,000.00 in late trade. The worst performers on the session were...
The STOXX 50 fell 0.6% and the STOXX 600 fell 0.4% on Monday, reflecting a slight flight to safety as tensions in the Middle East escalated. Market sentiment was shaken after the US became more involved in the Israeli conflict, launching an attack on Iran over the weekend. Despite the heightened geopolitical risks, the market reaction was less severe than anticipated, with traders awaiting Iran's response and hoping the conflict could be resolved. The main concern remains the potential closure of the Strait of Hormuz, which could significantly disrupt oil markets. Meanwhile, flash PMIs...
The Hang Seng Index rose for the second day, climbing 0.7%, or 158.65 to 23,689.13 in Hong Kong. Today, commerce and industry stocks led the market higher, as 3 of 4 sectors gained; 58 of 85 shares rose, while 23 fell. Meituan contributed the most to the index gain, increasing 2.2%. Li Auto Inc. had the largest increase, rising 5.5%. Source: Bloomberg