Tuesday, 16 July 2019
New York
Tuesday, 16 July 2019 03:25 WIB

Hong Kong shares rose on Monday after China's upbeat retail sales and factory output numbers pointed to some stabilisation in the world's second-largest economy, and as China's second-quarter economic growth met expectations. At the close of trade, the Hang Seng index was up 83.26 points, or 0.29%, at 28,554.88. The Hang Seng China Enterprises index rose 0.47% to 10,838.99. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector gained 1.37%, the financial sector ended 0.01% lower and the property sector dipped 0.28%. China™s economic growth slowed to 6.2% in...

European Stocks Close Flat Following Euro Zone, China Data; Thomas Cook Plunges 60%
Friday, 12 July 2019 23:13 WIB | Stoxx 600 SahamEropa

European stocks closed flat,  +0.4% to 386.85 on Friday as investors reacted to new Chinese trade data and euro zone industrial production figures. The pan-European Stoxx 600 was in positive territory at the closing bell, chemicals stocks leading the gains with a 1.2% climb while autos recovered from an early fall to trade 0.8% higher. Health care was the worst performing sector, shedding 1.3%. An official report Friday revealed that Chinas exports fell less than expected in June, with dollar-denominated exports falling 1.3% from the same period a year ago. Economists polled by...

S&P 500 and Dow open at new record highs Friday supported by prospect of Fed interest rate cuts
Friday, 12 July 2019 20:51 WIB | Indeks Nasdaq Indeks S&P 500 Indeks Dow Jones SahamAS

U.S. stocks opened at new record highs Friday helped by Federal Reserve Chairman Jerome Powell's testimony to Congress this week which bolstered investor expectations for an interest-rate cut at the end of the month. The Dow Jones Industrial Average was up 70 points at 27,156 while the S&P 500 gained 4.30 points to 3,004 and Nasdaq was 16 points higher at 8,212. On Thursday the Dow closed 27,000 for the first time and the S&P 500 also pushed up further record territory. The Nasdaq Composite scored a record close on Wednesday. Meanwhile, weak data overnight from both Singapore and...

Dow futures slightly higher after Fed chief hints at rate cut ahead
Friday, 12 July 2019 16:13 WIB | Indeks saham berjangka A.S.

U.S. stock index futures were slightly higher Friday morning, amid optimism rooted in expectations of a Federal Reserve rate cut later this month. At around 04:25 a.m. ET, Dow futures rose 87 points, indicating a positive open of more than 83 points. Futures on the S&P and Nasdaq were both seen slightly higher. Federal Reserve Chairman Jerome Powell suggested on Thursday that the U.S. central bank has room to ease monetary policy at its next meeting. Powells comments came during his second day of testimony before Congress. Source: Bloomberg

Hong Kong stocks end week on a positive note
Friday, 12 July 2019 15:29 WIB | IndeksHangSeng Saham HongKong Indeks Shanghai Composite

Hong Kong stocks ended Friday with a small gain, in line with an Asia-wide advance on expectations the Federal Reserve will cut interest rates at the end of the month. The Hang Seng Index rose 0.14 percent, or 39.82 points, to 28,471.62. The benchmark Shanghai Composite Index rose 0.44 percent, or 12.79 points, to 2,930.55 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.51 percent, or 7.84 points, to 1,556.77. Source : AFP

China stocks track Wall Street's gain; economic data in focus
Friday, 12 July 2019 14:51 WIB | Saham Cina Shanghai composite

China stocks ended higher on Friday ahead of a slew of economic data and tracking Wall Street's fresh highs overnight buoyed by renewed U.S. rate-cut hopes, but the main domestic indexes closed down for the week. The blue-chip CSI300 index rose 0.6%, to 3,808.73 points, while the Shanghai Composite Index gained 0.4% to 2,930.55 points. China is due to release June trade and lending data on Friday, while second-quarter GDP figures are scheduled for Monday. China's economy is expected to have slowed to its weakest pace in at least 27 years, raising hopes for more stimulus ahead. Meanwhile,...