Friday’s World Markets: Asia-Pacific

Friday’s World Markets: Asia-Pacific

Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks fall on lagging worries about virus, recession

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks fall on lagging worries about virus, recession

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks fall on lagging worries about virus, recession Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. Japan’s benchmark Nikkei 225 dropped 1.7% in morning trading to 18,588.90. Adding to […]

Thursday’s World Stock Markets Update: Asia and Oceania

Thursday’s World Stock Markets Update: Asia and Oceania

Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]

Shanghai: SSE Composite Index (.SSEC) – Asian stocks mixed as economic toll of virus worsens

Shanghai: SSE Composite Index (.SSEC) – Asian stocks mixed as economic toll of virus worsens

Shanghai: SSE Composite Index (.SSEC) – Asian stocks mixed as economic toll of virus worsens Asian stocks were mixed Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak’s global economic cost increased. Benchmarks in Tokyo and Sydney declined […]

FTSE Bursa Malaysia KLCI (.KLSE) falls 28.23 points; Asian markets slugged

FTSE Bursa Malaysia KLCI (.KLSE) falls 28.23 points; Asian markets slugged

FTSE Bursa Malaysia KLCI (.KLSE) falls 28.23 points; Asian markets slugged  Bursa Malaysia finished the first trading of the second quarter lower on Wednesday, in line with broader Asia markets. At closing, the FBM KLCI retreated 28.23 points, or 2.09% to 1,322.66. The index opened 5.99 points lower at 1,344.90 this morning. Losers outnumbered gainers […]

Wednesday’s World Markets: Asia and Oceania

Wednesday’s World Markets: Asia and Oceania

Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]

Shanghai: SSE Composite Index (.SSEC) stocks firm as investors expect more stimulus measures

Shanghai: SSE Composite Index (.SSEC) stocks firm as investors expect more stimulus measures

Shanghai: SSE Composite Index (.SSEC) stocks firm as investors expect more stimulus measures China stocks on Wednesday started the second quarter of the year on a firm note, as investors expected more stimulus measures to counter the economic impact from the coronavirus pandemic. At the midday break, the Shanghai Composite index was up 0.3% at […]

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years Hong Kong’s stocks are so beaten down that the Hang Seng Index is now trading below its net asset value for only the third time in almost 30 years. The 50-member benchmark was […]

FTSE Bursa Malaysia KLCI (.KLSE) closes higher but down 15% in 1Q, battered by Covid-19

FTSE Bursa Malaysia KLCI (.KLSE) closes higher but down 15% in 1Q, battered by Covid-19

FTSE Bursa Malaysia KLCI (.KLSE) closes higher but down 15% in 1Q, battered by Covid-19 Bursa Malaysia’s FBM KLCI ended Tuesday, the first quarter of 2020, on a downbeat note as the Covid-19 ravaged global and Asian markets, which was worse than the 2008 Global Financial Crisis. At 5pm, the KLCI was up 22.01 points […]

Shanghai world’s top IPO market as Hong Kong falls to sixth place in first quarter

Shanghai world’s top IPO market as Hong Kong falls to sixth place in first quarter

Shanghai overtook Hong Kong as the world’s top initial public offering (IPO) destination in the first three months of the year, but mega deals waiting in the wings for calmer markets could yet shake up the full-year rankings. The Shanghai exchange’s stellar performance in the first quarter was in part due to the 30.7 billion […]

Shanghai: SSE Composite Index (.SSEC) stocks climb as factory activity rebounds, spurs hopes of recovery

Shanghai: SSE Composite Index (.SSEC) stocks climb as factory activity rebounds, spurs hopes of recovery

Shanghai: SSE Composite Index (.SSEC) stocks climb as factory activity rebounds, spurs hopes of recovery China shares climbed on Tuesday after the country reported a better-than-expected industrial activity, spurring hopes that the world’s second-largest economy is starting to recover from the shock of the coronavirus pandemic. At the midday break, the Shanghai Composite index was […]

Tuesday’s World Markets: Asia and Oceania

Tuesday’s World Markets: Asia and Oceania

Southeast Asian stock markets rose Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating. Indian shares edged up Tuesday, tracking broader Asian peers, after upbeat factory data from China gave investors hope of […]

Hong Kong: HANG SENG INDEX (.HSI) likely to find renewed support

Hong Kong: HANG SENG INDEX (.HSI) likely to find renewed support

Hong Kong: HANG SENG INDEX (.HSI) likely to find renewed support The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had accelerated almost 1,850 points or 8.3 percent. The Hang Seng Index now rests just above the 23,175-point plateau […]

Shanghai: SSE Composite Index (.SSEC) – Asia shares suffer virus chills, central banks offer cold comfort

Shanghai: SSE Composite Index (.SSEC) – Asia shares suffer virus chills, central banks offer cold comfort

Shanghai: SSE Composite Index (.SSEC) – Asia shares suffer virus chills, central banks offer cold comfort Asian shares slid on Monday as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. U.S. and European futures also turned […]

Hong Kong: HANG SENG INDEX (.HSI) tipped to open under pressure

Hong Kong: HANG SENG INDEX (.HSI) tipped to open under pressure

Hong Kong: HANG SENG INDEX (.HSI) tipped to open under pressure The Hong Kong stock market rebounded on Friday, one day after it had snapped the two-day winning streak in which it had accelerated almost 1,850 points or 8.3 percent. The Hang Seng Index now rests just above the 23,480-point plateau although it’s tipped to […]

Thursday’s World Markets: Asia and Oceania

Thursday’s World Markets: Asia and Oceania

Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start Asian stocks were poised for a mixed start, following the first back-to-back gains for global equities since mid-February, as negotiations in Congress continued toward a vote on the U.S. stimulus bill later this week. S&P 500 futures fluctuated in Asia after the […]

Wednesday’s World Markets: Asia and Oceania

Wednesday’s World Markets: Asia and Oceania

Australian shares jumped 5% Wednesday, ending just short of the 5,000 mark, fuelled by a bout of last-minute buying after the US government agreed on a massive stimulus package to mitigate the impact of the coronavirus pandemic. The S&P/ASX 200 index unofficially ended the session about 3.2% higher but clocked a gain of over 2% […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy Asia-Pacific stocks rallied on Tuesday after the US Federal Reserve launched unlimited bond buying and took other steps while the US Congress appeared closer to a deal on a massive stimulus package to boost […]

Tuesday’s World Markets: Asia, Oceania and EU

Tuesday’s World Markets: Asia, Oceania and EU

Just in: S&P 500 futures Vs fair value: +108.60. NAS Comp futures Vs fair value: +352.30. $SPY $QQQ Most Southeast Asian stock markets rebounded on Tuesday as global and regional stimulus measures to stem the financial impact of the coronavirus pandemic lifted investor sentiment, while Thailand prepared to enter a month-long emergency. Thai shares gained […]

Hong Kong: HANG SENG INDEX (.HSI) Shares in Asia fail to hold

Hong Kong: HANG SENG INDEX (.HSI) Shares in Asia fail to hold

Hong Kong: HANG SENG INDEX (.HSI) Shares in Asia fail to hold Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading Thursday. Investors are in search of cash as fears of a […]

Thursday’s World Markets Outlook: Asia and Oceania

Thursday’s World Markets Outlook: Asia and Oceania

Philippines plunged 24% Thursday on reopening after a 2-day hiatus, while other Southeast Asian stock markets also sustained heavy losses on fears over the economic damage from the coronavirus pandemic. Indonesian equities fell 5%, triggering a circuit breaker for the 4th time in 6 sessions. Financial and consumer stocks were the biggest losers, with Bank […]

Hong Kong: HANG SENG INDEX (.HSI) now trades at 99% of book value

Hong Kong: HANG SENG INDEX (.HSI) now trades at 99% of book value

Hong Kong: HANG SENG INDEX (.HSI) now trades at 99% of book value A month into one of the fastest global market meltdowns in recent history, investors aren’t willing to pay more than liquidation value for stocks in Hong Kong. The 50-member Hang Seng Index now trades at 99% of book value, a level only […]

Wednesday’s World Markets: Asia and Oceania

Wednesday’s World Markets: Asia and Oceania

Japanese stocks advanced Wednesday after Wall Street staged a strong rebound as policymakers across the world cobbled together packages to counter the severe restrictions on various regular activities aiming at slowing the spread of the coronavirus. Australian shares are set to open slightly lower on Wednesday as unnerved investors took note of the US Fed […]

Shanghai: SSE Composite Index (.SSEC) – COVID-19: Global markets fall into bear territory

Shanghai: SSE Composite Index (.SSEC) – COVID-19: Global markets fall into bear territory

Shanghai: SSE Composite Index (.SSEC) – COVID-19: Global markets fall into bear territory Markets fell sharply this week, as the rapid spread of the COVID-19 virus continues to weigh on business activities around the globe. U.S markets fell in excess of 16% this week, with the Dow Jones Industrial Average plunging 10%, its highest drop […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares plunge after Wall Street’s worst day since ’87

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares plunge after Wall Street’s worst day since ’87

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares plunge after Wall Street’s worst day since ’87 Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. Markets worldwide have retreated as fears […]

‘Zero-sum game’ for FTSE Bursa Malaysia KLCI (.KLSE) amid COVID-19 fears

‘Zero-sum game’ for FTSE Bursa Malaysia KLCI (.KLSE) amid COVID-19 fears

‘Zero-sum game’ for FTSE Bursa Malaysia KLCI (.KLSE) amid COVID-19 fears Malaysia’s equity market experienced a ‘zero-sum game’ last week as the outflow and inflow of funds were equal despite mounting fears over the COVID-19 pandemic that had triggered panic in the overseas markets. The local market was well supported by buying activities from both […]

Hong Kong: HANG SENG INDEX (.HSI) stocks fall on doubts over stimulus efforts against virus

Hong Kong: HANG SENG INDEX (.HSI) stocks fall on doubts over stimulus efforts against virus

Hong Kong: HANG SENG INDEX (.HSI) stocks fall on doubts over stimulus efforts against virus Hong Kong stocks closed lower on Wednesday, tracking Asian markets that fell due to growing uncertainty over global policy efforts to arrest the economic loss from the coronavirus epidemic. The Hang Seng index fell 0.6% to 25,231.61, while the China […]

FTSE Bursa Malaysia KLCI (.KLSE) sinks as selling in global equities accelerates

FTSE Bursa Malaysia KLCI (.KLSE) sinks as selling in global equities accelerates

FTSE Bursa Malaysia KLCI (.KLSE) sinks as selling in global equities accelerates Bursa Malaysia tracked the performance of the major markets lower amid the escalating threat of the Covid-19 outbreak. At the end of the morning session, 887 counters on the local stock exchange were in the red versus 134 in positive territory and 173 […]

Hong Kong: HANG SENG INDEX (.HSI), Shanghai stocks slip despite US boost

Hong Kong: HANG SENG INDEX (.HSI), Shanghai stocks slip despite US boost

Hong Kong: HANG SENG INDEX (.HSI), Shanghai stocks slip despite US boost Hong Kong and Shanghai stocks ended with losses on Wednesday as an early rally fuelled by US economic support gave way to longstanding worries about the economic impact of the coronavirus outbreak. Hong Kong’s Hang Seng Index lost 0.6 percent, to 25,231. On […]

FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend to close higher

FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend to close higher

FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend to close higher Bursa Malaysia closed higher Wednesday, bucking the trend of its regional peers, boosted by positive investors sentiment following several announcements made by the government to address the economic slowdown in the country. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.36 points […]

Shanghai: SSE Composite Index (.SSEC) – Profit Taking Drives China Stock Markets to Lower Close After Early Rise

Shanghai: SSE Composite Index (.SSEC) – Profit Taking Drives China Stock Markets to Lower Close After Early Rise

Shanghai: SSE Composite Index (.SSEC) – Profit Taking Drives China Stock Markets to Lower Close After Early Rise Investors cashed in their chips in the afternoon following Chinese stock markets’ buoyant opening after yesterday’s rise in the US, thus undermining the day’s earlier gains and drawing the overall market down as the curtain fell. The Shanghai Composite […]

FTSE Bursa Malaysia KLCI (.KLSE) rebounds but sentiment on oil & gas stocks remains fragile

FTSE Bursa Malaysia KLCI (.KLSE) rebounds but sentiment on oil & gas stocks remains fragile

FTSE Bursa Malaysia KLCI (.KLSE) rebounds but sentiment on oil & gas stocks remains fragile While the broader market and the energy index staged a technical rebound today after a steep fall on Monday, some heavily sold oil & gas (O&G) stocks remained in negative territory as investors remain wary about the sector’s outlook. Dayang […]

Hong Kong: HANG SENG INDEX (.HSI) stock market rally as tapering new cases of coronavirus spur traders to hunt for bargains after Monday’s sell-off

Hong Kong: HANG SENG INDEX (.HSI) stock market rally as tapering new cases of coronavirus spur traders to hunt for bargains after Monday’s sell-off

Hong Kong: HANG SENG INDEX (.HSI) stock market rally as tapering new cases of coronavirus spur traders to hunt for bargains after Monday’s sell-off Asian stock markets recovered from Monday’s rout as traders returned to hunt for bargains in the belief that the panic sell-off a day earlier had been overdone. Benchmark indexes rose in […]

FTSE Bursa Malaysia KLCI (.KLSE) plunges to nine-year low as oil prices crash

FTSE Bursa Malaysia KLCI (.KLSE) plunges to nine-year low as oil prices crash

FTSE Bursa Malaysia KLCI (.KLSE) plunges to nine-year low as oil prices crash The oil price rout triggered panic selling on Bursa Malaysia today, with the FBM KLCI plunging as much as 60.45 points or 4.1% to 1,422.65 points at one stage, the biggest drop since the 2008 global financial crisis. However, the key index […]

Shanghai: SSE Composite Index (.SSEC) – Asia stocks plunge on virus fears, oil prices

Shanghai: SSE Composite Index (.SSEC) – Asia stocks plunge on virus fears, oil prices

Shanghai: SSE Composite Index (.SSEC) – Asia stocks plunge on virus fears, oil prices Stock markets plunged around Asia on Monday, as panic selling set in with traders fretting over the economic impact of the new coronavirus and digesting a free-fall in the oil price. By mid-morning, the benchmark Nikkei 225 index had dropped 5.10 […]

Hong Kong: HANG SENG INDEX (.HSI) stocks plunge more than 1,000 points in worst fall in more than two years

Hong Kong: HANG SENG INDEX (.HSI) stocks plunge more than 1,000 points in worst fall in more than two years

Hong Kong: HANG SENG INDEX (.HSI) stocks plunge more than 1,000 points in worst fall in more than two years The benchmark stock index of Asia’s third-largest financial market made its biggest intraday percentage drop in more than two years, as plunging oil prices added to the weight of a spreading coronavirus outbreak in driving […]

Shanghai: SSE Composite Index (.SSEC) – China’s trade economy slowly coming back to life, but US$190 billion export hit expected

Shanghai: SSE Composite Index (.SSEC) – China’s trade economy slowly coming back to life, but US$190 billion export hit expected

Shanghai: SSE Composite Index (.SSEC) – China’s trade economy slowly coming back to life, but US$190 billion export hit expected China’s trade economy is slowly coming back to life, but the coronavirus outbreak has already inflicted huge and lasting damage to global trade. A series of metrics showed that this week, China made significant progress […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares drop as virus fears grip markets again

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares drop as virus fears grip markets again

Hong Kong: HANG SENG INDEX (.HSI) – Asian shares drop as virus fears grip markets again Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan’s benchmark Nikkei dived 3.1% to 20,663.32. Australia’s S&P/ASX 200 lost 2.1% to 6,259.20. South Korea’s Kospi dropped 2.3% to 2,037.08. Hong Kong’s Hang […]

Hong Kong: HANG SENG INDEX (.HSI), mainland markets soar on rate cuts

Hong Kong: HANG SENG INDEX (.HSI), mainland markets soar on rate cuts

Hong Kong: HANG SENG INDEX (.HSI), mainland markets soar on rate cuts Hong Kong and Shanghai shares rallied on Thursday following a surge on Wall Street, while investors were cheered by global central bank moves to mitigate the impact of the coronavirus. Hong Kong’s Hang Seng Index jumped 2.1 percent, to 26,767. On the mainland, […]

Singapore: STI Index (.STI) Market Expected To Extend Its Gains

Singapore: STI Index (.STI) Market Expected To Extend Its Gains

Singapore: STI Index (.STI) Market Expected To Extend Its Gains The Singapore stock market has tracked higher in consecutive trading days, gathering more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,025-point plateau and it’s tipped to open in the green again on Thursday. The […]

FTSE Bursa Malaysia KLCI (.KLSE) ends slightly higher

FTSE Bursa Malaysia KLCI (.KLSE) ends slightly higher

FTSE Bursa Malaysia KLCI (.KLSE) ends slightly higher Bursa Malaysia ended slightly higher, mostly in range-bound trading with bargain-hunting interspersing profit takings in heavyweight stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.08 points better at 1,491.03 from Wednesday’s close of 1,489.95. After opening 2.41 points higher at 1,492.36 this morning, the […]

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally Hong Kong’s Hang Seng Index gave up gains made earlier in the day and ended up in the red while mainland markets continued their rally as global central banks pledged action to support economic growth. The Hang Seng Index ended the day, down […]

Singapore: STI Index (.STI) – Singapore manufacturing shrinks in February at fastest pace since 2014 on coronavirus outbreak

Singapore: STI Index (.STI) – Singapore manufacturing shrinks in February at fastest pace since 2014 on coronavirus outbreak

Singapore: STI Index (.STI) – Singapore manufacturing shrinks in February at fastest pace since 2014 on coronavirus outbreak Manufacturing shrank in February at the fastest pace in more than five years, reflecting the disruption caused by the coronavirus outbreak. The decline was led by the electronics sector, which had expanded in January for the first […]

FTSE Bursa Malaysia KLCI (.KLSE) ends on firm note

FTSE Bursa Malaysia KLCI (.KLSE) ends on firm note

FTSE Bursa Malaysia KLCI (.KLSE) ends on firm note Bursa Malaysia ended on a firm note today, supported by buying in heavyweight stocks amid positive market sentiment following Bank Negara Malaysia’s (BNM) move to cut the Overnight Policy Rate (OPR). At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 11.31 points to 1,489.95 from […]

Shanghai: SSE Composite Index (.SSEC) lower as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop

Shanghai: SSE Composite Index (.SSEC) lower as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop

Shanghai: SSE Composite Index (.SSEC) lower as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop China and Hong Kong stocks were flat on Wednesday as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop following the U.S. Fed’s surprise rate cut. The CSI300 index was unchanged […]

Shanghai: SSE Composite Index (.SSEC) – Asian Shares Rise Ahead of Central Bankers’ Conference Call

Shanghai: SSE Composite Index (.SSEC) – Asian Shares Rise Ahead of Central Bankers’ Conference Call

Shanghai: SSE Composite Index (.SSEC) – Asian Shares Rise Ahead of Central Bankers’ Conference Call The major Asia-Pacific stock indexes were mostly higher on Tuesday as expectations grew central banks will ease policies to cushion the economic impact from a fast-spreading coronavirus. Stocks were primarily guided by an overnight surge on Wall Street. Global equity […]

FTSE Bursa Malaysia KLCI (.KLSE), global equities jump on expectation of policy stimulus for economy

FTSE Bursa Malaysia KLCI (.KLSE), global equities jump on expectation of policy stimulus for economy

FTSE Bursa Malaysia KLCI (.KLSE), global equities jump on expectation of policy stimulus for economy The FBM KLCI opened on a sharp rebound as it sought to retrace the losses of the previous session amid postive vibes over anticipated policy stimulus among the world’s key central banks. At 9.05am, the index was up 13.75 points […]

Singapore: STI Index (.STI) – Singapore factory activity hit by sharpest fall in more than 5 years amid COVID-19 outbreak

Singapore: STI Index (.STI) – Singapore factory activity hit by sharpest fall in more than 5 years amid COVID-19 outbreak

Singapore: STI Index (.STI) – Singapore factory activity hit by sharpest fall in more than 5 years amid COVID-19 outbreak Singapore’s factory activity contracted sharply in February, amid an ongoing COVID-19 outbreak that has disrupted global supply chains and affected production in the region. The Singapore Purchasing Managers’ Index (PMI) fell 1.6 points from the […]

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally

Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally Hong Kong’s Hang Seng Index gave up gains made earlier in the day and ended up in the red while mainland markets continued their rally as global central banks pledged action to support economic growth. The Hang Seng Index ended the day, down […]

Shanghai: SSE Composite Index (.SSEC) Chinese equity market a beacon for rebound on global markets

Shanghai: SSE Composite Index (.SSEC) Chinese equity market a beacon for rebound on global markets

Shanghai: SSE Composite Index (.SSEC) Chinese equity market a beacon for rebound on global markets China’s stock market staged a strong rebound from Friday’s massive sell-offs on Monday, which experts said could herald global markets’ recovery following last week’s rout on rising COVID-19 epidemic fears.  The experts predict that China’s equities market, supported by the […]

FTSE Bursa Malaysia KLCI (.KLSE) partially recovers as investors take stock of policy measures

FTSE Bursa Malaysia KLCI (.KLSE) partially recovers as investors take stock of policy measures

FTSE Bursa Malaysia KLCI (.KLSE) partially recovers as investors take stock of policy measures The FBM KLCI retraced most of its losses after diving 26 points to a low of 1,456.08 in the morning session. At 12.30pm, the index bounced higher to just 7.65 points in the red at 1,474.99 as investors took in the […]

Singapore: STI Index (.STI) sinks 3.2% amid global worries over Covid-19 spread

Singapore: STI Index (.STI) sinks 3.2% amid global worries over Covid-19 spread

Singapore: STI Index (.STI) sinks 3.2% amid global worries over Covid-19 spread Singapore stocks plunged to a 15-month low, which suggests that the global markets are increasingly convinced of the possibility that the Covid-19 outbreak will result in a pandemic. After reaching a 15-month low at 3,008.460, the benchmark Straits Times Index (STI) fell by […]

Hong Kong: HANG SENG INDEX (.HSI) stocks end higher on stimulus hopes

Hong Kong: HANG SENG INDEX (.HSI) stocks end higher on stimulus hopes

Hong Kong: HANG SENG INDEX (.HSI) stocks end higher on stimulus hopes The Hang Seng index rose 0.6% to 26,291.68, while the China Enterprises Index gained 1.8% to 10,485.17 points. The HSCE, an index tracking mainland firms, outperformed as downbeat data reinforced expectations of further stimulus to support China’s economy. Factory activity in China contracted […]

Hong Kong: HANG SENG INDEX (.HSI) – Coronavirus causes intrepid investors to look east for bargains

Hong Kong: HANG SENG INDEX (.HSI) – Coronavirus causes intrepid investors to look east for bargains

Hong Kong: HANG SENG INDEX (.HSI) – Coronavirus causes intrepid investors to look east for bargains There is no lack of superlatives for the drubbing Asia stocks took to end February in the face of soaring coronavirus cases outside of China: Friday was the worst day for regional equities since October 2018, ending the poorest […]

Singapore: STI Index (.STI) market plunges amid global bloodshed on virus fears

Singapore: STI Index (.STI) market plunges amid global bloodshed on virus fears

Singapore: STI Index (.STI) market plunges amid global bloodshed on virus fears Fears that the coronavirus outbreak could turn into a worldwide pandemic sparked panicked selling across the region yesterday. The local market was among several Asian bourses that fell by more than 3 per cent to extend a collapse in New York and Europe […]

FTSE Bursa Malaysia KLCI (.KLSE) plunges to almost a nine-year low

FTSE Bursa Malaysia KLCI (.KLSE) plunges to almost a nine-year low

FTSE Bursa Malaysia KLCI (.KLSE) plunges to almost a nine-year low Malaysia saw its net outflow dominated the equity market last week, surpassing a net sell of over RM1.15 billion compared with the previous week’s RM447.9 million due to the unnerving political turmoil which culminated in the scramble among political parties seeking to form the next government. An analyst […]

Shanghai: SSE Composite Index (.SSEC) stocks gain on China virus toll drops

Shanghai: SSE Composite Index (.SSEC) stocks gain on China virus toll drops

Shanghai: SSE Composite Index (.SSEC) stocks gain on China virus toll drops Hong Kong and Shanghai stocks ended higher on Thursday as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside. The Hang Seng Index added 0.3 […]

Hong Kong: HANG SENG INDEX (.HSI) slips as investors unmoved by budget boost

Hong Kong: HANG SENG INDEX (.HSI) slips as investors unmoved by budget boost

Hong Kong: HANG SENG INDEX (.HSI) slips as investors unmoved by budget boost Hong Kong shares went into the break with fresh losses on Thursday as traders unmoved by a big-spending budget from the city’s finance chief aimed at shoring up the struggling economy. The Hang Seng Index fell 0.7 percent, to 26,519 by the […]

Singapore: STI Index (.STI) stocks close 0.19 pct lower

Singapore: STI Index (.STI) stocks close 0.19 pct lower

Singapore: STI Index (.STI) stocks close 0.19 pct lower Singapore stocks closed lower on Thursday, with the benchmark Straits Times Index (STI) going down 0.19 percent, or 5.82 points, to close at 3,111.7. A total of 1.82 billion shares changed hands with a turnover of 1.66 billion Singapore dollars (about 1.19 billion U.S. dollars). Losers […]

FTSE Bursa Malaysia KLCI (.KLSE) ends higher driven by economic stimulus

FTSE Bursa Malaysia KLCI (.KLSE) ends higher driven by economic stimulus

FTSE Bursa Malaysia KLCI (.KLSE) ends higher driven by economic stimulus Bursa Malaysia main index, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended on a high driven by the economic stimulus package announced by the interim Prime Minister, Tun Dr Mahathir Mohamad today. At the close, the index strengthens 10.40 points to 1,505.59 compared with […]

Hong Kong: HANG SENG INDEX (.HSI) falls as Asian investors run for cover

Hong Kong: HANG SENG INDEX (.HSI) falls as Asian investors run for cover

Hong Kong: HANG SENG INDEX (.HSI) falls as Asian investors run for cover Hong Kong stocks ended sharply lower again on Wednesday, in line with a worldwide plunge as the extensive spread of the coronavirus fans fears about a severe hit to the global economy. The Hang Seng Index retreated 0.7 percent, to close at […]

FTSE Bursa Malaysia KLCI (.KLSE) falls below 1,500 on political uncertainty

FTSE Bursa Malaysia KLCI (.KLSE) falls below 1,500 on political uncertainty

FTSE Bursa Malaysia KLCI (.KLSE) falls below 1,500 on political uncertainty The FBM KLCI broke below the psychologically 1,500-point mark on Wednesday as the country’s political uncertainty drags on, amid announcement by Interim Prime Minister Tun Dr Mahathir Mohamad to put aside all politics and concentrate on resolving country’s economic issues. In a televised address […]

Hong Kong: HANG SENG INDEX (.HSI) gains on bargain hunting, Asian markets mixed

Hong Kong: HANG SENG INDEX (.HSI) gains on bargain hunting, Asian markets mixed

Hong Kong: HANG SENG INDEX (.HSI) gains on bargain hunting, Asian markets mixed Hong Kong stocks snapped a three-day losing streak on Tuesday to end with a small gain on bargain buying, but investors remain on edge over fears of a coronavirus pandemic. The Hang Seng Index rose 0.3 percent, to close at 26,893. On […]

Singapore: STI Index (.STI) stocks in relief rebound, most of Asia still shaky day after coronavirus-fuelled global rout

Singapore: STI Index (.STI) stocks in relief rebound, most of Asia still shaky day after coronavirus-fuelled global rout

Singapore: STI Index (.STI) stocks in relief rebound, most of Asia still shaky day after coronavirus-fuelled global rout Singapore stocks enjoyed a relief rebound on Tuesday morning (Feb 25) even as most of Asia continued their slide as signs that the coronavirus outbreak here seems to be largely contained overcame bearish sentiment after a 1,000-point […]

FTSE Bursa Malaysia KLCI (.KLSE) stages mild rebound as KLCI closes at 1,500

FTSE Bursa Malaysia KLCI (.KLSE) stages mild rebound as KLCI closes at 1,500

FTSE Bursa Malaysia KLCI (.KLSE) stages mild rebound as KLCI closes at 1,500 Some mild buying of Tenaga, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level. At 5pm, the KLCI was up 10.82 points or 0.73% to 1,500.88 but […]

Singapore: STI Index (.STI) – Core inflation hits lowest in more than 4 years at 0.3%

Singapore: STI Index (.STI) – Core inflation hits lowest in more than 4 years at 0.3%

Singapore: STI Index (.STI) – Core inflation hits lowest in more than 4 years at 0.3% Singapore’s core inflation gauge in January hit its lowest level in four years, data on Monday (Feb 24) showed, due to lower services and retail prices that authorities said would persist as the coronavirus outbreak takes a hit on […]

FTSE Bursa Malaysia KLCI (.KLSE) extends losses below 1,500 as selling pressure continues

FTSE Bursa Malaysia KLCI (.KLSE) extends losses below 1,500 as selling pressure continues

FTSE Bursa Malaysia KLCI (.KLSE) extends losses below 1,500 as selling pressure continues The FBM KLCI fell below the 1,500 support level in Monday morning trade amid the political uncertainty shaking investor sentiment, and is looking towards its next support at 1,470. As investors reacted to the negative news, the index gapped down at Monday’s […]

Hong Kong: HANG SENG INDEX (.HSI) slides as airlines, casino stocks fall sharply

Hong Kong: HANG SENG INDEX (.HSI) slides as airlines, casino stocks fall sharply

Hong Kong: HANG SENG INDEX (.HSI) slides as airlines, casino stocks fall sharply Hong Kong suffered more big losses on Monday as investors fret that the coronavirus could become a global pandemic, with energy firms and companies linked to tourism among the worst hit. The Hang Seng Index fell 1.8 percent, over 487 points, to […]

Hong Kong: HANG SENG INDEX (.HSI) stocks close lower on virus worries

Hong Kong: HANG SENG INDEX (.HSI) stocks close lower on virus worries

Hong Kong: HANG SENG INDEX (.HSI) stocks close lower on virus worries Hong Kong stocks closed lower Thursday as traders tried to work out if the new coronavirus would have a lasting impact on corporate earnings and economic growth.  The Hang Seng Index fell 0.2 percent, or 46.65 points, to 27,609.16.  Mainland China’s benchmark Shanghai […]

Singapore: STI Index (.STI) stocks close 0.47 pct lower

Singapore: STI Index (.STI) stocks close 0.47 pct lower

Singapore: STI Index (.STI) stocks close 0.47 pct lower Singaporean stocks closed lower on Thursday, with the benchmark Straits Times Index (STI) going down 0.47 percent, or 15.03 points, to close at 3,198.68. A total of 1.64 billion shares changed hands with a turnover of 1.16 billion Singapore dollars (about 834.5 million U.S. dollars). Gainers […]

FTSE Bursa Malaysia KLCI (.KLSE) remains in positive territory

FTSE Bursa Malaysia KLCI (.KLSE) remains in positive territory

FTSE Bursa Malaysia KLCI (.KLSE) remains in positive territory Bursa Malaysia remained in the positive territory Thursday, lifted by buying in selected heavyweights namely in utilities, finance and plantation-related counters. Tenaga, Public Bank, CIMB and Sime Darby Plantation contributed 4.074 points to the composite index. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched […]

Hong Kong: HANG SENG INDEX (.HSI) – Asia markets bounced back

Hong Kong: HANG SENG INDEX (.HSI) – Asia markets bounced back

Hong Kong: HANG SENG INDEX (.HSI) – Asia markets bounced back Asia markets mostly recovered on Wednesday after tumbling a day before, with investors closely monitoring China’s progress in returning to work as the country deals with the coronavirus outbreak. Oil prices also bounced back. Hong Kong’s Hang Seng index rose 0.47% in the afternoon. […]

Singapore: STI Index (.STI) – Government announced a Budget which featured $5.6 billion to help firms

Singapore: STI Index (.STI) – Government announced a Budget which featured $5.6 billion to help firms

Singapore: STI Index (.STI) – Government announced a Budget which featured $5.6 billion to help firms Singapore stocks rose on Wednesday (Feb 19) morning, reversing their losses from the previous day when the Government announced a Budget which featured $5.6 billion to help firms, workers and households cope with the coronavirus (Covid-19) outbreak. The latest Budget […]

FTSE Bursa Malaysia KLCI (.KLSE) slips 0.19% as glove counters fall amid slowdown in Covid-19 infections

FTSE Bursa Malaysia KLCI (.KLSE) slips 0.19% as glove counters fall amid slowdown in Covid-19 infections

FTSE Bursa Malaysia KLCI (.KLSE) slips 0.19% as glove counters fall amid slowdown in Covid-19 infections he FBM KLCI slid 0.19% on Wednesday, weighed down by glove counters following a declining trend in new cases of Covid-19 infections. The benchmark index erased early gains to close 2.92 points lower at 1,534.16, dragged by profit-taking in […]

Shanghai: SSE Composite Index (.SSEC) markets bounce back

Shanghai: SSE Composite Index (.SSEC) markets bounce back

Shanghai: SSE Composite Index (.SSEC) markets bounce back Hong Kong stocks ended the morning session higher on Wednesday on hopes for a limited economic fallout from the new coronavirus, which has killed more than 2,000 people. The Hang Seng Index rose 0.4 percent, to 27,651 by the break. On the mainland, the Shanghai Composite Index […]

Shanghai: SSE Composite Index (.SSEC) Stock Recovery Nearing $1 Trillion Is Drawing Skeptics

Shanghai: SSE Composite Index (.SSEC) Stock Recovery Nearing $1 Trillion Is Drawing Skeptics

Shanghai: SSE Composite Index (.SSEC) Stock Recovery Nearing $1 Trillion Is Drawing Skeptics Concern is mounting over the speed of a nearly $900 billion rebound in Chinese equities that’s been driven by bets of sustained government support. The CSI 300 index of stocks in Shanghai and Shenzhen has climbed 10% since a record sell-off earlier […]

Hong Kong: HANG SENG INDEX (.HSI) drops sharply over corporate profit warnings

Hong Kong: HANG SENG INDEX (.HSI) drops sharply over corporate profit warnings

Hong Kong: HANG SENG INDEX (.HSI) drops sharply over corporate profit warnings Hong Kong stocks closed sharply lower on Tuesday as the deadly new coronavirus took a toll on corporate earnings and economic growth. The Hang Seng Index fell 1.5 percent, to close at 27,530. On the mainland, the Shanghai Composite Index was up 0.1 […]

Singapore: STI Index (.STI) Stock Market May Test Support At 3,200 Points

Singapore: STI Index (.STI) Stock Market May Test Support At 3,200 Points

Singapore: STI Index (.STI) Stock Market May Test Support At 3,200 Points The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,220-point plateau and it’s expected to open under pressure again on […]

FTSE Bursa Malaysia KLCI (.KLSE) closes flat, techs under pressure after Apple caution

FTSE Bursa Malaysia KLCI (.KLSE) closes flat, techs under pressure after Apple caution

FTSE Bursa Malaysia KLCI (.KLSE) closes flat, techs under pressure after Apple caution Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc’s warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus. The FBM KLCI was more resilient unlike recent days […]

Hong Kong: HANG SENG INDEX (.HSI) stocks hit near 4-week high as China steps up support

Hong Kong: HANG SENG INDEX (.HSI) stocks hit near 4-week high as China steps up support

Hong Kong: HANG SENG INDEX (.HSI) stocks hit near 4-week high as China steps up support Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the coronavirus outbreak. The Hang Seng index closed up 0.5% at 27,959.60, after […]

FTSE Bursa Malaysia KLCI (.KLSE) slightly lower at midday, bargain-hunters target bank stocks

FTSE Bursa Malaysia KLCI (.KLSE) slightly lower at midday, bargain-hunters target bank stocks

FTSE Bursa Malaysia KLCI (.KLSE) slightly lower at midday, bargain-hunters target bank stocks There was some bargain-hunting in bank stocks following the previous week’s sell-off although the FBM KLCI remained in negative territory for most of the morning session. At 12.30pm, the index had fallen 1.18 points to 1,543.28. Trading volume was 1.77 billion shares […]

Shanghai: SSE Composite Index (.SSEC) stocks advance as sentiment remains positive on Beijing stimulus

Shanghai: SSE Composite Index (.SSEC) stocks advance as sentiment remains positive on Beijing stimulus

Shanghai: SSE Composite Index (.SSEC) stocks advance as sentiment remains positive on Beijing stimulus Stocks in Hong Kong and mainland China advanced Friday on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus. The Hang Seng Index rose 0.3 per cent to 27,815.6. That left Hong Kong’s benchmark with […]

Stocks in Hong Kong: HANG SENG INDEX (.HSI) and mainland China advance on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus

Stocks in Hong Kong: HANG SENG INDEX (.HSI) and mainland China advance on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus

Stocks in Hong Kong: HANG SENG INDEX (.HSI) and mainland China advance on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus Stocks in Hong Kong and mainland China advanced Friday on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus. The Hang […]

FTSE Bursa Malaysia KLCI (.KLSE) Stock Market Likely To Remain Rangebound

FTSE Bursa Malaysia KLCI (.KLSE) Stock Market Likely To Remain Rangebound

FTSE Bursa Malaysia KLCI (.KLSE) Stock Market Likely To Remain Rangebound The Malaysia stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just above the 1,540-point […]

Jump in virus cases sends Hong Kong: HANG SENG INDEX (.HSI) into the red

Jump in virus cases sends Hong Kong: HANG SENG INDEX (.HSI) into the red

Jump in virus cases sends Hong Kong: HANG SENG INDEX (.HSI) into the red Hong Kong stocks ended the morning session down on Thursday, after mainland authorities reported a dramatic rise in the number of coronavirus deaths and infections in the mainland. The Hang Seng Index dropped 0.1 percent, to 27,784 by the break. On […]

Shanghai: SSE Composite Index (.SSEC) rise on Wall Street lead

Shanghai: SSE Composite Index (.SSEC) rise on Wall Street lead

Shanghai: SSE Composite Index (.SSEC) rise on Wall Street lead Hong Kong stocks ended the morning session higher on Wednesday, following a positive lead from Wall Street and an apparent easing of investor concerns about the coronavirus outbreak. The Hang Seng Index rose 0.7 percent, to 27,774 by the break. On the mainland, the Shanghai […]

Banks lead FTSE Bursa Malaysia KLCI (.KLSE) lower as weaker-than-forecast GDP results weigh

Banks lead FTSE Bursa Malaysia KLCI (.KLSE) lower as weaker-than-forecast GDP results weigh

Banks lead FTSE Bursa Malaysia KLCI (.KLSE) lower as weaker-than-forecast GDP results weigh The FBM KLCI retreated 0.55% today to erase early gains, following weaker-than-expected GDP growth data for Malaysia in the fourth quarter of 2019. The benchmark index rose to a high of 1,555.66 points today, before retreating from noon onwards to close 8.54 […]

Hong Kong: HANG SENG INDEX (.HSI) continues rally, most Asian markets up

Hong Kong: HANG SENG INDEX (.HSI) continues rally, most Asian markets up

Hong Kong: HANG SENG INDEX (.HSI) continues rally, most Asian markets up Hong Kong stocks closed higher on Wednesday, a second consecutive day of gains as concerns eased about the economic impact of the coronavirus outbreak in China. The Hang Seng Index rose 0.9 percent, to 27,823. On the mainland, the Shanghai Composite Index closed […]

Singapore: STI Index (.STI) Set To Open In The Green

Singapore: STI Index (.STI) Set To Open In The Green

Singapore: STI Index (.STI) Set To Open In The Green The Singapore stock market on Tuesday ended the two-day slide in which it fell almost 70 points or 2.3 percent. The Straits Times Index now rests just above the 3,175-point plateau and it’s expected to open slightly higher again on Wednesday. The global forecast for […]

Shanghai: SSE Composite Index (.SSEC) – Asian markets rebound after fresh Wall Street records

Shanghai: SSE Composite Index (.SSEC) – Asian markets rebound after fresh Wall Street records

Shanghai: SSE Composite Index (.SSEC) – Asian markets rebound after fresh Wall Street records Asian markets rebounded yesterday spurred by fresh Wall Street records but investors remained jittery about the global economic impact of the coronavirus outbreak in China. Eyes are on China as the world’s second-largest economy sputters back up after a forced extension […]

FTSE Bursa Malaysia KLCI (.KLSE) Tipped To Rebound

FTSE Bursa Malaysia KLCI (.KLSE) Tipped To Rebound

FTSE Bursa Malaysia KLCI (.KLSE) Tipped To Rebound The Malaysia stock market on Monday halted the four-day winning streak in which it had advanced more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,545-point plateau although it’s expected to open higher again on Tuesday. The global forecast […]

Hong Kong: HANG SENG INDEX (.HSI) bounces back despite coronavirus fears

Hong Kong: HANG SENG INDEX (.HSI) bounces back despite coronavirus fears

Hong Kong: HANG SENG INDEX (.HSI) bounces back despite coronavirus fears Hong Kong stocks ended on Tuesday with gains, recovering after a jittery start to the week but investors remained cautious about the economic impact of the coronavirus outbreak on the economy. The Hang Seng Index rose 1.3 percent, to close at 27,583. On the […]

Singapore: STI Index (.STI) expected to find support

Singapore: STI Index (.STI) expected to find support

Singapore: STI Index (.STI) expected to find support The Singapore stock market has tracked lower in two straight sessions, sliding almost 70 points or 2.3 percent in that span. The Straits Times Index now rests just beneath the 3,165-point plateau although it’s expected to find support on Tuesday. The global forecast for the Asian markets […]

FTSE Bursa Malaysia KLCI (.KLSE) ends in the red in line with regional markets

FTSE Bursa Malaysia KLCI (.KLSE) ends in the red in line with regional markets

FTSE Bursa Malaysia KLCI (.KLSE) ends in the red in line with regional markets Bursa Malaysia ended in the red today, in line with regional markets, as concerns over the unrelenting 2019 novel coronavirus outbreak continue to cloud market sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 11.69 points to 1,542.80 from […]

Singapore: STI Index (.STI) Banks close lower but stocks related to healthcare outperform market

Singapore: STI Index (.STI) Banks close lower but stocks related to healthcare outperform market

Singapore: STI Index (.STI) Banks close lower but stocks related to healthcare outperform market Asian equity markets continued their slide to start the week, with investors keeping a close eye on the fast-spreading coronavirus. New cases of infection within China have slowed in the past week, but Mr Stephen Innes, AxiCorp’s chief market strategist, noted […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian Markets Fall on Impact Woes of China Virus

Hong Kong: HANG SENG INDEX (.HSI) – Asian Markets Fall on Impact Woes of China Virus

Hong Kong: HANG SENG INDEX (.HSI) – Asian Markets Fall on Impact Woes of China Virus Markets across the Asia-Pacific region were in the red on Monday with investors worried about the impact of the new coronavirus outbreak on the global economy. The virus has killed more than 900 people, infected 40,000 across mainland China […]

Coronavirus Fears Wipe $393 Billion Off Shanghai: SSE Composite Index (.SSEC) Stock Market

Coronavirus Fears Wipe $393 Billion Off Shanghai: SSE Composite Index (.SSEC) Stock Market

Coronavirus Fears Wipe $393 Billion Off Shanghai: SSE Composite Index (.SSEC) Stock Market Investors erased $393 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports

Hong Kong: HANG SENG INDEX (.HSI) – Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports

Hong Kong: HANG SENG INDEX (.HSI) – Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. […]

Australia: S&P/ASX 200 (.AXJO) expected to edge higher

Australia: S&P/ASX 200 (.AXJO) expected to edge higher

Australia: S&P/ASX 200 (.AXJO) expected to edge higher The S&P/ASX 200 index looks set to start the week on a mildly positive note. According to the latest SPI futures, the ASX 200 is poised to edge 7 points or 0.1% at the open. This is despite a disappointing end to the week on Wall Street […]

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