The Hong Kong stock market opened on a positive note today (22 July), with the Hang Seng Index rising by 30 points, or 0.12%, to 25,024 points. The China Enterprises Index gained 11 points, or 0.13%, to 9,051 points, while the Technology Index increased by 4 points, or 0.08%, to 5,589 points. Among financial stocks, HSBC Holdings rose by 0.81% to HK$99.25, Ping An Insurance recorded a slight increase of 0.09%, and Hong Kong Exchanges and Clearing edged up by 0.14%. However, AIA Group saw a decline of 0.58%. Major tech stocks showed mixed performances. Xiaomi Group advanced by 0.26%,...
European markets slid on Tuesday, trading around a three-month low, as concerns over Russia reared their head once again.The pan-European Stoxx 600 was down 0.67% at 4:07 p.m. London time. Most sectors and all regional bourses pulled back, with bank stocks falling 1.78% and travel down 1.4%.Global markets saw a shift into safe havens as events in Russia sparked concern around the world. The Kremlin on Tuesday said it had expanded the circumstances under which it will consider nuclear retaliation. Meanwhile, its defense ministry said Ukraine had already deployed six contentious U.S.-made...
Stocks fell Tuesday as investors fled to safety amid rising geopolitical tensions between Ukraine and Russia. The Dow Jones Industrial Average shed 400 points, or 0.9%. The S&P 500 and Nasdaq Composite lost 0.5% and 0.2%, respectively. Treasurys increased as investors moved into the safe haven, driving yields lower. Gold futures also gained. The market pressure began overnight after Russian President Vladimir Putin warned the U.S. that the threshold for the use of nuclear weapons had lowered, a new stance coming after President Joe Biden allowed Ukraine to use U.S. weapons to strike...
The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positive sentiment from Wall Street on Monday, with lower U.S. Treasury yields boosting the appeal of equities. Meanwhile, Chinese Vice President He Lifeng highlighted the increasing certainty in Hong Kong's economic growth, as Beijing commits to strengthening the city's competitiveness, especially in its financial industry to attract more foreign investment. The gains were broad-based, led by the technology and consumer sectors. However, the gains were capped by caution...
Japanese stocks rose after the close on Tuesday (11/19), as gains in the Paper & Pulp, Steel and Warehousing sectors boosted shares. At the close in Tokyo, the Nikkei 225 was up 0.45%. The best performers on the Nikkei 225 were Japan Steel Works Ltd (TYO:5631), which rose 11.55% or 673.00 points to trade at 6,499.00 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) rose 7.17% or 378.00 points to close at 5,650.00 and Ebara Corp. (TYO:6361) gained 5.21% or 115.00 points to 2,323.00 in close. The worst performers on the session were Bandai Namco Holdings Inc (TYO:7832), which fell 3.83%...
European equity markets are set to open higher on Tuesday (11/19) as investors look ahead to key economic data and earnings reports. Final Eurozone inflation figures for October are due later in the session, while earnings are expected from Imperial Brands and Thyssenkrupp. Markets are also closely watching comments from European Central Bank officials for further insight into the region's monetary policy outlook. In pre-market trading, Euro Stoxx 50 and Stoxx 600 futures were both up around 0.3%, signaling an upbeat start to the session. Source: Trading Economics