The Hang Seng Index started the day with a decline of 135 points, or 0.53%, settling at 25,531 points. The China Enterprises Index dropped 41 points, or 0.45%, to 9,216 points, while the Hang Seng Tech Index fell 29 points, or 0.51%, to 5,713 points. Technology stocks faced downward pressure, with Kuaishou sliding by 1.57%, Alibaba dropping 1%, Tencent falling 0.9%, and Trip.com Group losing 0.39%. Xiaomi Group recorded a marginal decline of 0.09%, while Meituan remained unchanged. Financial stocks showed a mixed trend. AIA Group saw the largest drop, down 1.89%, followed by Ping An...
The Nikkei 225 Index jumped 1.1% to above 38,400 while the broader Topix Index gained 0.4% to 2,655 in post-holiday trade on Tuesday, as a solid corporate outlook, helped in part by a weaker yen, supported Japanese equities. Investors also continued to assess the monetary policy outlook in the country after the Bank of Japan held interest rates steady at 0.25% last week and highlighted diminishing global economic risks that could set the stage for further rate hikes. Meanwhile, investors remained cautious ahead of the closely contested US presidential election and the latest Federal...
The Hang Seng Index rose for the second day, climbing 0.3%, or 61.09 to 20,567.52 in Hong Kong. Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.1%. Trip.com Group Ltd. had the largest increase, rising 4.8%. Today, 48 of 82 shares rose, while 26 fell; all sectors were higher, led by commerce and industry stocks. Source : Bloomberg
European markets are expected to start the week on a mostly positive note Monday, with all eyes on Tuesday's presidential election in the U.S. The U.K.'s FTSE 100 index is expected to open 4 points lower at 8,173, Germany's DAX up 11 points at 19,261, France's CAC up 2 points at 7,415 and Italy's FTSE MIB up 74 points at 34,507, according to data from IG. Earnings are set to come from BioNTech and Ryanair and data releases include European manufacturing purchasing managers' index data. Global markets are gearing up for a historic week, with the highly anticipated U.S. presidential election...
Hong Kong's stocks rose 51 points, or 0.25%, to 20,557 in early trade on Monday, up for the second session after the Saudi sovereign wealth fund announced last Friday a USD 1 billion financial commitment on the final day of the 2024 FII summit. China's parliament is set to begin its meeting today, with expectations to announce more details on fiscal stimulus measures when the meeting concludes on Friday. Source : Trading Economicsmuannya hari ini, dengan harapan untuk mengumumkan rincian lebih lanjut tentang langkah-langkah stimulus fiskal saat pertemuan berakhir pada hari Jumat....
Stocks rallied Friday to kick off November as Amazon led big technology stocks into the green and traders looked past a disappointing jobs report. The Dow Jones Industrial Average gained 288.73 points, or 0.69%, ending at 42,052.19. The S&P 500 advanced 0.41% to close at 5,728.80, and the Nasdaq Composite rose 0.8% to 18,239.92. Amazon rallied 6.2% as strength in the cloud and advertising businesses propelled the ecommerce giant above Wall Street's earnings expectations. Intel popped 7.8% after exceeding analysts' forecasts for revenue and offering strong guidance. The two stocks...