Page 8 - Asian Shares

Asian equities face outflows in February due to rise in US bond yields

Taiwan and South Korea witnessed the biggest net sales

Asian shares mostly higher amid coronavirus vaccine optimism

Asian shares were mostly higher Tuesday despite a sell-off of shares in technology companies on Wall Street. Japanese markets were closed for a national holiday. South Korea's Kospi slipped 0.4% in morning trading to 3,066.60. Australia's S&P/ASX 200 gained 0.6% to 6,821.70. Hong Kong's Hang Seng jumped 1.2% to 30,681.83, while the Shanghai Composite rose 0.3% to 3,653.62. Thankfully, for society at large, there is more optimism than fear today, with vaccines showing scientific results on the ground that validate efficacy and effectiveness over transmission, leading the world back to normality starting soon, said Stephen Innes, chief global markets strategist at Axi. Although the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines is raising hopes for a recovery from the pandemic. On Wall Street, the S&P 500 fell 0.8% to 3,876.50, extending its losses to a fifth straight day. The benchmark index was just about evenly split ...

Asian shares extend gains on global optimism, vaccine hopes

Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating. US markets were closed Monday for Washington's Birthday, a national holiday. Shanghai was still closed for the Lunar New Year. Japan's benchmark Nikkei 225 jumped 1.3 per cent to finish at 30,467.75, after closing the day before above 30,000 for the first time since August 1990. In Hong Kong, the Hang Seng added 1.9 per cent to 30,746.66. South Korea's Kospi gained 0.5 per cent to 3,161.78, while Australia's S&P/ASX 200 added 0.7 per cent to 6,917.30. Despite data that show regional economies have been hit hard by the pandemic, investors are still sending indexes ever higher. Analysts think Asian shares will continue to rally, cheered by the recent gains on the US and European markets. Hopes for a recovery are being driven partly by the COVID-19 vaccine rollouts, said Prakash Sakpal, senior economist Asia at ING. Gains will still likely be capped

Asian shares hit record highs on hopes of recovery; oil prices rise

Japan's Nikkei climbed 1.9 per cent, reclaiming the 30,000 point level for the first time in over three decades

Asian shares slip for 5th straight session, silver gets retail boost

Indeed, a survey from China on Sunday showed factory activity grew at the slowest pace in five months in January as restrictions took a toll in some regions

Asian shares set to end 2020 at record high, riskier currencies in favour

Asian shares edged up and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies

Asian shares jump on US stimulus, Japan's Nikkei hits 29-year high

Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites

Asian stocks hit record-high on hopes of US stimulus package, Covid vaccine

A gauge of Asian shares hit a record peak on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March

Asian shares rise on hopes for rapid coronavirus vaccine rollout

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday

Asian stocks hit record high as investors set aside Covid-19 fears

Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan

Asian shares near a three-year peak, dollar soft in US deadlock trade

A gauge of Asian shares was set to cling to a near 3-year peak while the dollar stayed sluggish as prospect of a divided US legislature dimmed the chance of major policy changes, lifting risk appetite

Asian share markets follow Wall Street higher on US gridlock bets

Asian share markets firmed while bonds held big gains as investors awaited a clear result from the US election, with the likely prospect of policy gridlock seemingly welcomed by Wall Street overnight

Market Ahead, June 8: Top factors that could guide markets this week

The SGX Nifty is indicating a gap-up open today with the Nifty likely to open at around 10,260 levels on the back of firm global cues

Market Ahead, May 29: All you need to know before the opening bell

Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Market Ahead, May 19: Top factors that could guide markets today

Today, 18 companies, including Bajaj Finance, Apollo Tyre, and Ujjivan Small Finance Bank, are scheduled to announce their March quarter earnings

Asian shares slump; gold, oil soar after Iran missile strike on US forces

US crude soared 4.42% to $65.47 a barrel

Asian shares hit 18-month high on hopes of US-China trade deal

In an indication of a positive start on Wall Street, the S&P 500 e-mini futures gained 0.12 per cent

Recession bullet dodged? Markets eye new high on US-China trade truce hopes

Hopes of a trade truce between the United States and China this month fuelled the optimism, with some more details being filled in on what's expected to be a "phase one" agreement.

Asian shares see heavy foreign sell-off in August as trade war bites

The MSCI's broadest index of Asia-Pacific shares, fell 3.4% last month, its biggest decline since May