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%,...
The Dow Jones Industrial Average erased earlier losses and squeezed out a small gain in thin trading Thursday after the market's strong back-to-back gains at the start of the holiday week. The blue-chip Dow closed the day 28.77 points, or 0.07%, higher to 43,325.80 after losing about 182 points earlier in the session. The S&P 500 dipped just 2.45 points, or 0.04%, to 6,037.59. The Nasdaq Composite also ended the day slightly lower, declining less than 0.1% to 20,020.36. The market was closed on Wednesday for Christmas Day. Thursday's action came after a solid Christmas Eve for the...
The Dow Jones Industrial Average fell 135 points, down for the first time in five sessions. The S&P 500 dipped 0.3% and the Nasdaq Composite also declined 0.3%. The market was closed on Wednesday for Christmas Day. The major averages could see their first down day this week after back-to-back gains. So far, the S&P 500 is up 1.6% this week, while the Dow has gained 0.8%. The strong rally in megacap tech lifted the Nasdaq up 2.1% week to date. Investors were enthusiastic about the so-called Santa Claus rally, which occurs in the last five trading days of the year and the first two...
Japanese stocks rose after the close on Thursday, as gains in the Shipbuilding, Automobiles & Parts and Chemicals, Oil & Plastics sectors helped stocks rise. At the close in Tokyo, the Nikkei 225 was up 1.39%. The best performers on the Nikkei 225 were J.Front Retailing Co., Ltd. (TYO:3086), which rose 8.27% or 165.00 points to trade at 2,159.00 at the close. Meanwhile, Isetan Mitsukoshi Holdings Ltd. (TYO:3099) gained 7.60% or 191.50 points to close at 2,711.50 and Nissan Motor Co., Ltd. (TYO:3099) gained 1.00% or 191.50 points to close at 2,711.50. (TYO:3099) rose 1.30% or 191.50...
Japanese stocks rose as a weaker yen provided support for exporters while a diplomatic agreement to promote travel from China boosted companies that rely on inbound tourism. The Topix rose 0.4% to 2,744.65 as of 9:24 a.m. in Tokyo The Nikkei 225 gained 0.3% to 39,264.60 Toyota Motor was the biggest contributor to the Topix's gain, rising 4.4%. Of the 2,124 stocks in the index, 1,082 rose and 857 fell, while 185 were unchanged. The yen was steady at 157.20 per dollar after falling for the past three days. Department stores including Isetan Mitsukoshi Holdings and Takashimaya rose after...
Asia's benchmark stock index rose as equities rose in Japan and South Korea, while several other regional markets remained closed for holidays. Sentiment improved after U.S. stocks extended this year's rally on Tuesday. Japan's Nikkei 25 rose for a second day, with retail stocks rising after a travel deal was agreed with China. Australia and Hong Kong remained closed for the Christmas holiday. U.S. equities were boosted Tuesday by a rally in technology shares, with the S&P 500 up more than 1% amid thin trading. Equity investors are pinning their hopes on what is known as the "Santa...