Page 31 - Asian Markets

Asian shares mostly higher after US rally, economic aid package hopes

Asian shares were mostly higher in muted trading on Monday, as worries about the pandemic kept optimism in check despite a rally that closed out last week on Wall Street. Investors growing wary over upcoming earnings reports have been cashing in recent gains, helping pull Japanese shares lower. Tokyo's benchmark Nikkei 225 index lost 0.3% to 23,543.95. Big exporters logged some of the largest losses, with Toyota Motor Corp falling 0.6% and Honda Motor Co shedding 1.8%. Japan reported core private sector machinery orders edged 0.2% higher in August, contrary to forecasts for a decline. But overall, economic indicators remain weak. Other regional benchmarks were rising. South Korea's Kospi gained 0.6% to 2,406.87. Australia's S&P/ASX 200 inched up nearly 0.2% to 6,113.40. Hong Kong's Hang Seng jumped 1.3% to 24,434.17, while the Shanghai Composite added 1.7% to 3,325.98. While US politics remain centre stage, a string of Asia releases and monetary policy meeting decisions will be ...

FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October

According to the depositories data, overseas investors pumped in a net Rs 5,245 crore into equities and withdrew Rs 4,159 crore from the debt market during October 1-9

Asian markets to inch up as US economic stimulus talks restart

In energy markets, oil prices rallied on production shutdowns ahead of a storm in the US Gulf of Mexico and the possibility of supply cuts from Saudi Arabia and Norway

Asian shares to open higher on renewed US economic stimulus hopes

The Dow Jones Industrial Average rose 1.91%, the S&P 500 gained 1.74% and the Nasdaq Composite added 1.88%

Asian shares mixed after Trump calls off stimulus talks to boost economy

Stocks were mixed in Asia despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy

Asian stocks at two-week high as Donald Trump returns to White House

Bonds and the dollar nursed losses amid the improving risk appetite, while oil extended gains

Asian shares shed gains, oil sinks after Trump tests positive for virus

US stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for the new coronavirus. The future contracts for both the S&P 500 and the Dow industrials lost 1.9 per cent. Oil prices also slipped. Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after travelling with the president several times this week. To say this potentially could be a big deal is an understatement, Rabobank said in a commentary. Anyway, everything now takes a backseat to the latest incredible twist in this US election campaign. Trading in Asia was thin, with markets in Shanghai and Hong Kong closed. The Nikkei 225 index shed strong early gains, losing 0.8 per cent to 22,999.75 after the Tokyo Stock Exchange resumed trading following an all day outage due to a technical failure. Reports that the Japanese government is preparing new stimulus measures t

Tokyo Stock Exchange resumes after outage debacle, market steady

The glitch was the result of a hardware problem at the bourse's "Arrowhead" trading system, and a subsequent failure to switch to a back-up

Asian markets mixed in early trade, Tokyo reopens after trading glitch

Japan's Nikkei 225 index was up 0.19% after the Tokyo Stock Exchange resumed normal trading after its worst-ever outage brought the world's third-largest equity market to a standstill

Asian shares rise ahead of China holiday, US presidential debate

Asian shares were mostly higher in muted trading on Monday, ahead of the first US presidential debate and a national holiday in China later in the week. Japan's benchmark Nikkei 225 rose 0.7% to 23,371.70, while South Korea's Kospi added 1.5% to 2,312.96. Australia's S&P/ASX 200 gained nearly 0.2% to 5,973.70. Hong Kong's Hang Seng rose 0.5% to 23,349.80, while the Shanghai Composite index was little changed at 3,217.87. China is celebrating Mid-Autumn Day on October 1, followed by a weeklong holiday through October 8. China's statistical bureau reported Sunday that industrial profits rose 19% in August from a year earlier, as the economy recovered from the pandemic downturn. Regional markets are seeing signs of improvement in economic activity despite the coronavirus pandemic, as businesses strive to achieve a new normal with social distancing and mask-wearing. Investors are hoping for additional fiscal stimulus measures from the US House Speaker Nancy Pelosi has said she hopes .

India may be one of the most vulnerable EMs, say Lambregts & Erken

EMs may struggle in the short term on the back of rising geopolitical developments, say Jan Lambregts and Hugo Erken

Asian stocks fall on concerns about fresh lockdowns, banking sector

On Wall Street, the Dow Jones Industrial Average fell 1.84%, the S&P 500 lost 1.16%, and the Nasdaq Composite dropped 0.13

Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting

The Fed is due to announce its decision on Wednesday, followed by a news conference from Jerome Powell

Asian shares set to dip as investors await key data, central bank meetings

Australia's S&P/ASX 200 futures were down 0.22% and Hong Kong's Hang Seng index futures lost 0.08%

Global Markets: Asian shares buoyed by coronavirus vaccine hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%, poised for its second straight session of gains

Asian shares mixed after technology fall leads US stock fall on Wall Street

Asian shares were mixed on Friday following a selloff of technology shares on Wall Street. Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off, said Stephen Innes, chief global market strategist at AxiCorp. Japan's benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading at 23,314.98. South Korea's Kospi dropped 0.3% to 2,389.21, while Australia's S&P/ASX 200 lost nearly 0.9% to 5,856.40. Hong Kong's Hang Seng gained 0.3% to 24,377.42, while the Shanghai Composite was little changed at 3,235.07. Concerns about the coronavirus pandemic and the big hope over a vaccine in the works overshadow the global market, analysts say. While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices shot too high. The catch is that progress in curbing COVID-19 could hurt technology shares, Innes said. But keep your eye

Asian stock markets gain following tech bounce, euro waits for ECB

MSCI's broadest index of Asia-Pacific shares outside Japan gained half a percent, lifting away from a one-month low made on Wednesday

Asian shares start cautiously amid elevated valuations, oil skids

Australian shares slipped 0.4% while South Korea and New Zealand's benchmark index were off 0.1% each

Asian stocks slip after Wall Street selloff dents tech scrips rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.6% and looked set for a 2.4% weekly loss, its biggest since April

Global Markets: Asian shares set to rise as recovery comes into focus

Investors in Asia await Australia's gross domestic product data, which is expected to confirm the economy fell into its deepest slump since the Great Depression