|Day's range||27,745.85 - 28,294.74|
|52-week range||26,674.50 - 33,484.08|
After regaining strength last week, China’s Shanghai Composite Index started this week on a weaker note and declined in the first four trading days. Carrying forward the weakness, the Shanghai Composite Index opened lower on Friday and regained strength as the day progressed. The Shanghai Composite Index rebounded on Friday and recovered most of the losses incurred this week.
China’s Shanghai Composite Index started this week on a weaker note and declined in the first three trading days of the week. The Shanghai Composite Index opened higher on July 19. However, the index lost strength as the day progressed and closed lower.
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index started this week on a weaker note and declined in the first two trading days amid the weak market sentiment. The Shanghai Composite Index opened slightly higher on July 18, lost strength as the day progressed, and closed the day at one-week low price levels.
Asian stocks are poised to advance after an upbeat assessment on the economy from Federal Reserve Chairman Jerome Powell lifted U.S. shares. The dollar rallied and Treasuries were little changed.
Equities rose, led by gains in financials and industrial companies, after Morgan Stanley earnings beat forecasts, helping to offset a slide in tech stalwarts such as Apple and Microsoft. The peso swung ...
After closing higher last week, China’s Shanghai Composite Index started this week on a weaker note by pulling back on Monday. Carrying forward the weakness, the Shanghai Composite Index opened lower on July 17 and declined as the day progressed.
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index opened lower and declined as the day progressed on Monday amid the weak market sentiment.
Data showing China's economy and factory production growth had slowed hurt Asian markets at the start of the week, as investors fret an escalating trade battle between China and the United States may soon start to hurt the real economy. Both rely on solid Chinese growth, but merger speculation concerning industrials helped outweigh the Chinese data. "Despite all the noise around China and Trump, you are going to get a real indication of macroeconomic health much more from company management.
China's stock exchanges said on Saturday they would not expand their stock connect scheme with Hong Kong to foreign firms, companies with different voting right structures and so-called "stapled" securities. The exchanges were responding to a move in May to include the three types of securities in Hong Kong's Hang Seng Composite Index starting from the third quarter of this year. The Shanghai stock exchange said in a statement it reached the decision after consulting with domestic brokerages.
China’s Shanghai Composite Index regained strength on Thursday and rose to two-week high price levels. However, the Shanghai Composite Index opened lower on Friday and closed the day with limited losses. The Shanghai Composite Index closed this week with a gain of 3.07%—the biggest weekly gain in two years.
China’s Shanghai Composite Index pulled back on Wednesday and broke the three-day gaining streak. Carrying forward the weakness, the Shanghai Composite Index opened lower on July 12. However, the Shanghai Composite Index regained strength as the day progressed and closed at two-week high price levels on Thursday.
Further to “ Xiaomi/Chinese IPOs: cell division ” (Lex, July 10): the compiler of the Hang Seng index has offered a reason as to why Xiaomi is not a sell. Its shares will be included into the index through ...
The US S&P 500 benchmark equity index closed at a five-month while the tech-heavy Nasdaq Composite hit an intraday record peak. The dollar hit a six-month high against the yen — reflecting “an unwinding in the [Japanese] currency’s built-in ‘haven’ premium, which has allowed market participants to re-focus on bullish fundamentals for dollar/yen”, said analysts at Action Economics. The headline consumer price index rose 2.9 per cent in the year to June — the fastest pace since 2012, while the core inflation rate — which strips out food and energy — rose to 2.3 per cent, an 18-month high.
Chinese stocks rose, reversing Wednesday’s slump, as state media sought to downplay recent market turbulence and the central bank set a stronger daily currency fixing than traders had expected. Xinhua News Agency said moves in financial markets were within a controllable range and valuations for some industries had fallen to lows. Signs of a bottom are emerging in China’s battered stock market.
Chinese stocks rose, reversing Wednesday’s slump, as state media sought to downplay recent market turbulence and the central bank strengthened the daily currency fixing more than expected. Xinhua News Agency said moves in financial markets were within a controllable range and valuations for some industries had fallen to lows. The yuan rose 0.3 percent in Hong Kong, after tumbling 1.1 percent late Wednesday in its biggest loss since January 2016.
Asia-Pacific equities rose on Thursday after declining in the previous session on the latest development in the US-China trade spat, while oil prices steadied following the biggest one-day tumble in more than two years. Hong Kong’s Hang Seng index nudged higher, rising 0.1 per cent following a 1.3 per cent fall in the previous session after Donald Trump began the process of imposing tariffs on a further $200bn of Chinese goods.
The dollar rose moderately against most of its main peers — and jumped against the Turkish lira — although the Canadian dollar hit a one-month high versus its US namesake after the Bank of Canada raised interest rates, as expected. The US currency’s broad strength — which helped push gold back towards a recent six-month low — came in spite of falling Treasury yields.
China’s commerce ministry said during the lunch time trading break that it was “shocked” by Washington’s latest actions and promised to retaliate against the tariffs. The Chinese ministry said the US actions “were hurting China, hurting the entire world and hurting the US itself” and that the “irrational action was unpopular”.
Global markets already caught in the crossfire of Donald Trump’s escalating trade conflict with China took yet another hit Wednesday after the U.S. pushed ahead with plans to impose tariffs on an additional $200 billion in Chinese goods. The 10 percent tariffs proposed on items from clothing to television components to refrigerators further escalates a trade conflict that’s helped wipe out $2 trillion in value from global stock markets in the past month, according to data compiled by Bloomberg. “The fear is that the trade war is far from being over and tariffs will be enacted on both sides, reducing international trade and causing inflation, hurting investor sentiment,” Tim Ghriskey, chief investment strategist with Inverness Counsel, said in a phone interview.
China-focused stocks led a broad sell-off in Asia-Pacific equities on Wednesday after the US started the process of imposing tariffs on a further $200bn of imports from China, escalating the trade war ...
After declining for seven consecutive trading weeks, China’s Shanghai Composite Index started this week on a stronger note by rebounding on Monday. Carrying forward the strength, the Shanghai Composite Index opened higher on July 10 and closed the day at ten-day high price levels.
“In terms of the detail, the market is no nearer to being able to consider the implications of Brexit on the UK economy and, of equal concern, companies are reining back investment until those ramifications can be understood” — Richard Hunter, head of markets at Interactive Investor. The pound moved back above the flatline, rising from intraday losses that followed weak economic data, as investors bet that the cabinet accord on Brexit will survive two senior ministerial departures. Sterling rose 0.1 per cent overall at $1.3276, having been as low as $1.3222, after the weaker than expected data served as a reminder of the complex economic fundamentals faced by UK assets.
The share price rise came after news that the Chinese firm will be included in the Hang Seng Index. Xiaomi shares dipped Monday after the company went public on concerns over its business model. Shares of Chinese electronics-maker Xiaomi 1810-HK surged over 13 percent Tuesday on just its second day of trade following its initial public offering (IPO).
The Dow Jones Industrial Average had its best day in a month Monday as investors focused on a strong jobs report from late last week and the coming earnings season, despite heightened trade tensions. Some fear the protectionist trade policies will slow corporate activity and crimp global growth, hurting a range of assets from stocks to commodities. Now, many are looking ahead to second-quarter earnings season, which begins in earnest Friday with results from some of the nation’s largest banks, to see how the trade threat is affecting companies.
China’s Shanghai Composite Index closed lower last week and clocked the seventh consecutive weekly drop. However, the Shanghai Composite Index opened higher on Monday and rose to one-week high price levels.