Tag Archives: Hang Seng

Asian indexes closed on green

Asia stocks indexThe Asian indexes closed on green, for the second consecutive session. They were supported by hopes that the growth of the Chinese economy in the world finally stabilized. The investors are increasingly optimistic about China in recent sessions amid better economic data such as the July report on manufacturing activity. The positive news sent the benchmark Shanghai Composite to 7-month high. The Hong Kong’s Hang Seng index rose again to 4-year high. The main risk events to come later this week, were also in the spotlight. Wednesday is expected next meeting of the US Federal Reserve, to which the institution is likely to continue the course of lowering your monthly purchases of assets to 25 billion USD. The focus will be data on the US economic growth in the second quarter and the government index of purchasing managers in China. The Chinese Shanghai Composite rose 0.24% to 2,183.19 points, recording its eighth consecutive session of growth. Meanwhile, the CNY hit a new four-month high against the USD. The insurers reported mixed performance amid signs that Chinese regulators are considering new measures to tighten rules in an attempt to reduce the risk of failures. The capitalisation of New China Life Insurance slid more than 2%, while China Life Insurance added nearly 1%.

Asian indexes started the week with decreases

Asian trade marketsThe leading indices in Asia started the week with falls after heavy losses on Wall Street late last week. On Friday, the stock exchanges overseas technology sector suffered the most, as Nasdaq Composite slid 2.6%. The Japanese Nikkei 225 index fell to the bottom week after a strong yen weighed on exporters. The benchmark fell 1.69% to 14 808.85 points. In China, markets are closed for the celebration of the national holiday. The Hong Kong’s Hang Seng slid 0.65% to 22 363.52 points. In Australia, the index S&P ASX 200 is pulled away from its highest level in a month and eventually down 0.17% to 5 413.70 points. The South Korean KOSPI rose slightly by 0.08% to 1 989.70 points. In India, the leading measure of stock SENSEX a closed with a decline 0.64% to 22 215.97 points. The investors took winnings at the start of elections in the country that will continue for a month.
The stock exchanges in Japan tech companies being the biggest losers, commented the Finance News Wire. Shares of Rakuten and Yahoo Japan fell by 5% each, while those of Softbank and Panasonic – by over 4%. Daiichi Sankyo increased by 3% capitalization after the news that Sun Pharmaceutical Industries will buy its Indian unit Ranbaxy Laboratories. In turn, shares of Sun Pharmaceutical rose 2%, while those of Ranbaxy fell 2.5%.

Pessimism on the Asian markets

Asia financesThe leading stock markets in Asia stepped back during the session on Wednesday, led by investor caution before publication of the report of the last meeting of the Federal Reserve in July. Document is expected to give further guidance on the future of monetary incentives to US Bank. The growth rates among major regional indexes were observed only in Japan and Australia. Nikkei added 0.2 percent, while the S&P / ASX 200 ended the session with a rise of 0.4%. Wider Japanese benchmark Topix however fell 0.3%. The Hong Kong’s Hang Seng lost 0.7%, while South Korea’s Kospi slid 1.1%.
“Markets are preparing for the possibility of the Fed to launch a thinning of the incentives at its next meeting in September. Nevertheless, today’s report likely to give clear signals in this direction is very small”, said Ric Spooner, chief market analyst at CMC Markets. The minutes of the meeting of the Federal Open Market Committee (FOMC) in July is expected to be presented at 21:00 CET today. Meanwhile, China’s Shanghai Composite ended with a slight increase of 0.02 percent. Shortly before the end of the session in Indonesia JSX does climbed 1.3%.
The Indonesian benchmark retreated in the last four sessions, after rising yields on US government bonds and weak recent local economic data reinforced concerns about possible capital flight from the country.

Panic on the Asian markets

Asian MarketThe market participants reacted with mass sales of shares of the surprise decision to lower the credit rating of USA. Yesterday the indexes registered in the Middle East severely reduced and now scarlet Bay Asia. Against this background, oil prices sank by nearly 4% and gold literally shoots, going over 1700 dollars an ounce. The gold is rising by more than 52 dollars, or 3.2 per cent at the beginning of a new week, reaching hitherto unseen 1705 dollars an ounce. At the opposite pole is the lightest crude oil, whose price fell by 3.8 percent to 83.64 dollars per barrel. The Asian trading session began with mass sales. The main index in South Korea – KRX 100 drops by 5 percent and Japan’s Nikkei 225 fell 2.3%. In China and Hong Kong’s leading index – Shanghai Composite, respectively, and Hang Seng, erased a 3.7 and 4 per cent of its value.

High increase of Asian markets lead by Tokyo

Increase IndexThe stock indexes in Asia-Pacific region rose sharply in trading today and removed significant part of its loss from the previous four sessions, which reached 10% for Chinese index Shanghai Composite. Most increase the share price in Japan, Hong Kong and South Korea, and the banks ran the most profitable companies. Leading Japanese Nikkei 225 index rose 2.1 percent to 10 013.63 points. He jumped over the psychological level of 10 thousand points for the first time since June. In Hong Kong Hang Seng rose 1.8% to 23 637.39 points while the Shanghai Composite rose 0.9 percent to 2865 points. The regional index MSCI Asia Pacific added 1.4 percent to 131.65 points, after spending the previous four sessions at a loss of 4.5 percent which was the largest since August 2009. The sale of shares in the previous days were dictated by concerns about the measures the Chinese government to curb the growth of inflation, bank lending and the economy. Beijing confirmed yesterday that it may impose controls on the rise in commodity prices, which are of basic necessity. In Australia the S & P / ASX 200 rose 0.3 percent to 4640 points, so as to enhance and Taiwanese Taiex. Today it became clear that the Taiwanese economy has grown significantly with the 9.8% yoy in the third quarter. In the second gross domestic product increased by nearly 13 per cent.

The week started bad for Asian indexes

Decrease indexesMost Asian stock indexes began the new week with decreases because of speculation that the recovery of the global economy remains stuck, causing problems for export-oriented companies. The regional MSCI Asia Pacific Index retreated minimum to 118 points. In general bearish sentiments were particularly strong, and many of the markets decreases were minimal. The ratio of winners / losers for companies in the index was 3:2. The exchange in Tokyo the Nikkei 225 retreated by 0.7 per cent to 9117 points. With a major contribution to falls were companies exporting to the U.S.. Analysts say that the reason why expectations for disappointing data on gross domestic product of U.S., to be published on Friday. With the fall session and completed in Hong Kong where the Hang Seng fell 0.44 percent to 20,889 points. China’s main index CSI 300 fail to hold the increase, which moved throughout the session and ultimately ended with 0.07 per cent lower on Friday at 2896 points. The South Korean Kospi fell 0.4 percent, nearly as many losses and the leading index in the Singapore Straits Times.