Stock Market News

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Stock Market News (European Open) – Bullish sentiment across global equity markets; European equity gains though limited

Posted on November 22, 2017 at 9:21 am GMT

Asian stock markets extended their gains during today’s trading with major benchmarks hitting fresh multi-year highs or coming close to recently hit multi-decade peaks. In Japan, the Nikkei 225 and Topix indices added 0.5% and 0.3%, coming closer to their highest since the early 1990s. Hong Kong’s Hang Seng rose by 0.6%, closing at a fresh decade high as well as above the 30,000 mark, while the Shanghai Composite advanced by 0.6%. Australia’s S&P/ASX 200 gained 0.4%. The Dow Jones [..]

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Stock Market News (European Open) – European stocks head lower, losses limited though; Hang Seng at decade high

Posted on November 21, 2017 at 9:37 am GMT

Equities in Asia were broadly on the rise during today’s trading. The Nikkei 225 and the Topix, which more widely gauges Japanese equity performance, finished the day higher by 0.7% and 0.65% respectively. Hong Kong’s Hang Seng added 1.9%, closing at its highest in a decade, and the Shanghai Composite rose by 0.55%. Australia’s S&P/ASX 200 advanced by 0.3% as RBA minutes pertaining to the central bank’s early November meeting showed policymakers not being confident about rising wage growth and [..]

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Stock Market News (European Open) – European stocks post short-lived losses on failed German coalition talks; Asian shares weaken

Posted on November 20, 2017 at 12:04 pm GMT

In Asia, Tokyo’s Topix Index declined by 0.20%, while the Nikkei 225 was trading 0.60% lower amid losses on Wall Street due to tax uncertainties in the US and a stronger yen. Chinese stocks rebounded despite the PBOC unveiling new regulations to mitigate financial risks in the asset management industry after investors realized that the new rules would take effect at a gradual pace. Hong Kong’s Hang Seng index gained 0.21%. The Shangai Composite index climbed by 0.28%. In Australia, the S&P/ASX 200 index was [..]

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Stock Market News (European Open) – European stocks edge lower; Japanese indices fail to sustain gains as yen rises

Posted on November 17, 2017 at 10:50 am GMT

In Asian equities, the Japanese Nikkei 225 and Topix indices managed to extend yesterday’s gains though their advancing was subdued; the Nikkei added 0.2% and the Topix 0.1%. Both benchmarks rose by more than 1% earlier in the day, before retreating to stand only slightly higher on the day. Moreover, they are both lower on the week. Hong Kong’s Hang Seng rose by 0.6%, closing at its highest in a decade, while the Shanghai Composite slid 0.5%. Australia’s S&P/ASX 200 [..]

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Stock Market News (European Open) – Equity markets in recovery mode; US House of Representatives votes on tax bill

Posted on November 16, 2017 at 9:37 am GMT

In Asia, major benchmarks were posting gains for the most part during today’s trading, putting a halt to losses from previous sessions. The Japanese Nikkei 225 and Topix indices added 1.5% and 1.0% respectively. All but one industry sector – energy – finished higher in the Topix, Japan’s broader gauge of equity performance. Hong Kong’s Hang Seng Index advanced 0.6% while the Shanghai Composite edged lower by 0.1%. Australia’s S&P/ASX 200 gained 0.2%. The PBOC proceeded with another cash injection [..]

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Stock Market News (European Open) – Sea of red in both Asia and Europe; energy stocks hurt on declining oil

Posted on November 15, 2017 at 9:30 am GMT

Major Asian indices extended yesterday’s decline during today’s trading with some of them recording sizable losses. In Japan, The Nikkei 225 and the Topix fell by 1.6% and 2.0% respectively, further distancing themselves from last week’s multi-decade high closes. The Topix, which more broadly gauges Japanese equity performance, slid for the fifth straight day for the first time since September 2016 while posting its sharpest fall since March. Hong Kong’s Hang Seng lost 1.0% and the Shanghai Composite finished lower [..]

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Stock Market News (European Open) – European blue-chips mostly edging higher; tax reform dominates attention in US

Posted on November 14, 2017 at 9:57 am GMT

Major benchmarks in Asia finished the day in the red today. The Nikkei 225 finished flat after gaining as much as 0.7% and losing as much as 0.3% during the day. Japan’s broader gauge of equity performance, the Topix, lost 0.3%. Hong Kong’s Hang Seng closed 0.1% down, while the Shanghai Composite fell by 0.5%. Australia’s S&P/ASX 200 declined by 0.9%. Chinese data on fixed asset investment, industrial production and retail sales all came in below analysts’ expectations, perhaps hampering [..]

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Stock Market News (European Open) – FTSE boosted by falling sterling; Japanese indices extend losses

Posted on November 13, 2017 at 9:49 am GMT

In Asian equities, the Japanese Nikkei 225 and Topix indices finished the day lower by 1.3% and 0.9% respectively, further distancing themselves from the multi-decade highs recorded last week. The Nikkei recorded its worst daily performance since May. Hong Kong’s Hang Seng added 0.2% to finish at its highest in almost ten years and the Shanghai Composite climbed by 0.5%, closing at its highest in more than one year. Australia’s S&P/ASX 200 slid 0.1%, being not far below its highest [..]

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Stock Market News (European Open) – Europe in red, though losses contained; US tax story remains a major driver of sentiment

Posted on November 10, 2017 at 10:04 am GMT

Following yesterday’s sharp reversal that saw the Japanese Nikkei 225 and Topix indices retreat from multi-decade highs, the two benchmarks extended losses today, finishing lower by 0.8% and 0.7% respectively. Hong Kong’s Hang Seng lost 0.05%, staying near its highest in almost 10 years, while the Shanghai Composite added 0.2% to record a more than one-year high close. There were reports that China will allow foreign firms to take controlling stakes in local securities as well as remove foreign ownership [..]

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Stock Market News (European Open) – European stocks edge slightly lower; Japanese equities reverse gains; Nvidia eyed

Posted on November 9, 2017 at 9:39 am GMT

In an unusual day for Japanese equities, the Nikkei 225 finished the day lower by 0.2% and the Topix down by 0.25%. Earlier in the day, the Nikkei and the Topix added 2.0% and 1.5% at their highest, with the former exceeding the 23,000 mark for the first time since January 1992. While it wasn’t clear what prompted the reversal, some attributed it to technical trading. It could had also come – at least in part – on the back [..]

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