Asian equities traded mixed on Wednesday following an uninspiring lead from US peers and as caution set in ahead of regional central bank decisions.
China’s Shanghai Composite gained 0.63 percent or 12.58 points at 2,020.89. Hong Kong’s Hang Seng was flat at 23,049.44.
Japan’s Nikkei was flat...
The S&P materials index rose 0.6 percent as one of the best performing major S&P indexes, led by a 6.6 percent gain in Dow Chemical to USD 45.93. Activist investor and hedge fund manager Daniel Loeb has taken a stake in the company and wants it to spin off its petrochemical arm.
The Dow Jones...
Asian equities rose on Thursday, extending the previous day’s rally, amid growing confidence in the global economic recovery but Shanghai bucked the trend due to fears of tight liquidity.
Hong Kong’s Hang Seng was up 0.39 percent or 88.77 points at 22,990.77.
Japan’s Nikkei gained 0.22 percent...
US stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signaled that the economy was improving.
The Dow Jones industrial average rose 108.08 points, or 0.66 percent, to end at 16,481.94. The Standard & Poor’s 500...
Asian markets were trading mixed on Friday. China’s Shanghai Composite fell 0.36 percent or 7.35 points at 2,020.27.
Hong Kong’s Hang Seng was up 0.18 percent or 40.44 points at 22,827.77.
Japan’s Nikkei shed 0.45 percent or 70.81 points at 15,809.52.
Singapore’s Straits Times was flat at...
The S&P retail sector index slipped 0.2 percent after a number of retailers, including Bed Bath & Beyond and Family Dollar, slashed their earnings forecasts.
The Dow Jones industrial average fell 17.98 points or 0.11 percent, to end at 16,444.76. The S&P 500 inched up just 0.64 of a point, or...
The market opens in green. The Sensex is up 60.58 points at 20773.95, and the Nifty gains 10.50 points at 6178.85. About 264 shares have advanced, 78 shares declined, and 251 shares are unchanged.
Asian markets were trading weak on Monday. China’s Shanghai Composite shed 1.31 percent or 27.30 points at 2,055.83. Hong Kong’s Hang Seng slipped 0.95 percent or 216.27 points at 22,601.01.
Japan’s Nikkei tumbled 2.17 percent or 353.36 points at 15,937.95.
Singapore’s Straits Times was flat...
The Sensex is down 59.04 points at 20792.29, and the Nifty is down 21.65 points at 6189.50. About 447 shares have advanced, 267 shares declined, and 491 shares are unchanged.
Indian ADRs closed higher on Friday. Among banks, ICICI Bank rose 0.5 percent to USD 36.18 per ADR and HDFC Bank was unchanged at USD 33.78.
In the technology space, Infosys climbed 2.92 percent to USD 57.15 and Wipro jumped 2.6 percent to USD 12.65.
Among others, Tata Motors advanced 0.95...
The Dow Jones industrial average was up 28.64 points, or 0.17 percent, at 16,469.99. The Standard & Poor's 500 Index was down 0.62 points, or 0.03 percent, at 1,831.36. The Nasdaq Composite Index was down 11.16 points, or 0.27 percent, at 4,131.91.
Asian stocks traded in a narrow range on the final day of the year in extremely light trade with markets in Japan, South Korea shut for holidays.
China’s Shanghai Composite was up 0.10% or 2.01 points at 2,099.53.
Hong Kong’s Hang Seng rose 0.34% or 80.14 points at 23,325.01.
Singapore’s...