SHENZHEN COMPONENT INDEX

Asia-Pacific markets rise; Reserve Bank of Australia decision ahead
World

Asia-Pacific markets rise; Reserve Bank of Australia decision ahead

SINGAPORE — Shares in the Asia-Pacific traded higher as investors look ahead to the Reserve Bank of Australia’s rate decision. South Korea’s Kospi increased 1.29%, and the Kosdaq advanced 3.25%. SK Hynix jumped 3.37% while Naver rose 3.19%. The Nikkei 225 in Japan gained 0.82%, while the Topix index rose 0.4%. Hong Kong’s Hang Seng […]

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Shares in the Asia Pacific fall; Australia retail sales rise
World

Shares in the Asia Pacific fall; Australia retail sales rise

SINGAPORE — Shares in the Asia-Pacific fell on Wednesday after Wall Street’s negative performance on Tuesday. Investors will also be looking forward to Japan’s consumer confidence data release. Hong Kong’s Hang Seng index declined about 1% in early trade, while the Hang Seng Tech index dropped 1.44%. In South Korea, the Kospi dropped 1.55%, while […]

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Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading
World

Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading

SINGAPORE — Shares in Asia-Pacific were mixed on Monday, with Chinese stocks leading gains regionally as tech stocks in Hong Kong surged. Hong Kong’s broader Hang Seng index closed 2.71% higher at 21,653.90. Shares of Chinese tech firms in Hong Kong soared following a Wall Street Journal report that regulators in China are concluding probes […]

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Shares in Asia-Pacific nudge higher; New Zealand central bank hikes rates again
World

Shares in Asia-Pacific nudge higher; New Zealand central bank hikes rates again

SINGAPORE — Shares in Asia-Pacific nudged higher in Wednesday trade, with New Zealand’s central bank announcing yet another rate hike. Hong Kong’s Hang Seng index advanced 0.64% by the afternoon, while the Shanghai Composite in mainland China edged about 0.6% higher and the Shenzhen Component gained 0.145%. The Nikkei 225 in Japan climbed 0.11% while […]

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Only two Asia-Pacific markets are in positive territory so far this year
World

Only two Asia-Pacific markets are in positive territory so far this year

As of the Wednesday’s market close, Singapore’s Straits Times index was the top performer across Asia-Pacific markets, having risen 3.25% year-to-date. Singapore’s skyline is pictured here with Marina Bay in the background. Suhaimi Abdullah | Nurphoto | Getty Images There are only two major indexes across Asia-Pacific that are in positive territory so far in […]

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Asia-Pacific stocks trade mixed; data shows Japan’s economy shrank less than expected in the first quarter
World

Asia-Pacific stocks trade mixed; data shows Japan’s economy shrank less than expected in the first quarter

SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday trade. following overnight comments from U.S. Federal Reserve Chairman Jerome Powell, who said he’s resolved to raise rates until inflation comes down. The Nikkei 225 in Japan rose 0.71% while the Topix index traded 0.78% higher. Japan’s economy shrank 1% on an annualized basis in January-March as compared […]

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Most Asia markets give up gains, China stocks fall after economic numbers disappoint
World

Most Asia markets give up gains, China stocks fall after economic numbers disappoint

SINGAPORE — Shares in the Asia-Pacific gave up early gains on Monday, after China reported disappointing economic numbers as a result of Covid restrictions. Tech stocks in Hong Kong surged in before paring some gains following bad news from China on the economic front. The Hang Seng Tech index was up more than 2% at […]

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Hong Kong’s Hang Seng index drops more than 3% following Wall Street tumble
World

Hong Kong’s Hang Seng index drops more than 3% following Wall Street tumble

SINGAPORE — Shares in Asia-Pacific largely declined in Friday morning trade after an overnight drop on Wall Street sent the Dow Jones Industrial Average to its worst day since 2020. Hong Kong’s Hang Seng index led losses regionally as it fell 3.27%. In mainland China, the Shanghai Composite slipped 1.56% while the Shenzhen Component shed […]

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Hong Kong’s Hang Seng rises nearly 2%, mainland China stocks mixed on return from holidays
World

Hong Kong’s Hang Seng rises nearly 2%, mainland China stocks mixed on return from holidays

It was the push back on a 75bp hike from the US Fed Chair Powell that set the market rally in motion. Lavanya Venkateswaran economist, Mizuho Bank The S&P/ASX 200 in Australia climbed 0.64%, while MSCI’s broadest index of Asia-Pacific shares outside Japan traded 1.35% higher. Markets in Japan and South Korea are closed on […]

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European markets head for higher open; Ukraine war remains in focus
World

European markets head for higher open; Ukraine war remains in focus

LONDON — European stocks are expected to open higher Thursday as investors keep an eye on developments in the war between Russia and Ukraine. The U.K.’s FTSE index is seen opening 16 points higher at 7,636, Germany’s DAX 45 points higher at 14,392, France’s CAC 40 up 14 points at 6,638 and Italy’s FTSE MIB 12 […]

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