外匯新聞

China Shares May Stop The Bleeding On Tuesday

The China stock market has moved lower in back-to-back sessions, stumbling more than 50 points or 1.9 percent along the way. The Shanghai Composite Index now sits just above the 2,735-point plateau although it's expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The SCI finished sharply lower on Monday following losses from the financial shares, property stocks and resource companies. For the day, the index dropped 29.32 points or 1.06 percent to finish at 2,736.49 after trading between 2,726.97 and 2,756.56. The Shenzhen Composite Index lost 8.95 points or 0.59 percent to end at 1,496.23. Among the actives, Industrial and Commercial Bank of China shed 0.53 percent, while Bank of China dropped 0.85 percent, China Construction Bank sank 0.84 percent, China Merchants Bank surrendered 3.23 percent, Agricultural Bank of China collected 0.22 percent, China Life Insurance shed 0.74 percent, Jiangxi Copper retreated 1.21 percent, Aluminum Corp of China (Chalco) tumbled 1.86 percent, Yankuang Energy plummeted 5.62 percent, PetroChina stumbled 2.74 percent, China Petroleum and Chemical (Sinopec) tanked 3.33 percent, Huaneng Power skidded 1.05 percent, China Shenhua Energy slumped 2.16 percent, Gemdale improved 0.83 percent, Poly Developments declined 1.95 percent and China Vanke weakened 1.55 percent.
RTTNews | 42天前
Renewed Support Predicted For Taiwan Stock Market

Renewed Support Predicted For Taiwan Stock Market

The Taiwan stock market on Monday snapped the two-day winning streak in which it had jumped more than 440 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 21,150-point plateau although it's expected to bounce higher again on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The TSE finished sharply lower on Monday following losses from the technology stocks and plastics companies, while the financials were mixed. For the day, the index retreated 290.75 points or 1.36 percent to finish at 21,144.44 after trading between 20,922.51 and 21,163.91. Among the actives, Cathay Financial slumped 1.57 percent, while Mega Financial collected 0.51 percent, CTBC Financial shed 0.61 percent, First Financial fell 0.37 percent, Fubon Financial dropped 2.38 percent, E Sun Financial rallied 1.45 percent, Taiwan Semiconductor Manufacturing Company stumbled 2.07 percent, United Microelectronics Corporation slumped 1.28 percent, Hon Hai Precision tanked 2.55 percent, Largan Precision retreated 1.46 percent, Catcher Technology rose 0.21 percent, MediaTek plunged 3.49 percent, Delta Electronics plummeted 3.46 percent, Novatek Microelectronics declined 1.52 percent, Formosa Plastics sank 2.70 percent, Nan Ya Plastics weakened 1.62 percent and Asia Cement lost 0.44 percent.
RTTNews | 42天前
Singapore Bourse May Extend Monday's Gains

Singapore Bourse May Extend Monday's Gains

The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day winning streak in which it had picked up almost 90 points or 2.8 percent. The Straits Times Index now sits just beneath the 3,500-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.
RTTNews | 42天前
Malaysia Stock Market Due For Support On Tuesday

Malaysia Stock Market Due For Support On Tuesday

The Malaysia stock market has moved lower in five straight sessions, slipping more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,650-point plateau although it's expected to open in the green on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.
RTTNews | 42天前
KOSPI Poised To End Losing Streak

KOSPI Poised To End Losing Streak

The South Korea stock market has finished lower in five straight sessions, plunging almost 150 points or 5.5 percent along the way. The KOSPI now rests just above the 2,535-point plateau although it may finally stop the bleeding on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The KOSPI finished slightly lower on Monday following losses from the financial shares and mixed performances from the technology and industrial sectors. For the day, the index shed 8.35 points or 0.33 percent to finish at 2,535.93 after trading between 2,491.30 and 2,543.22. Volume was 262.46 million shares worth 7.3 trillion won. There were 502 gainers and 371 decliners. Among the actives, Shinhan Financial tumbled 1.75 percent, while KB Financial slumped 1.20 percent, Hana Financial tanked 2.70 percent, Samsung Electronics rallied 2.58 percent, Samsung SDI rose 0.29 percent, LG Electronics plunged 2.02 percent, SK Hynix added 0.38 percent, Naver stumbled 1.40 percent, LG Chem lost 0.64 percent, S-Oil and KEPCO both sank 0.68 percent, SK Innovation improved 0.84 percent, POSCO perked 0.15 percent, SK Telecom surrendered 2.25 percent, Hyundai Mobis dropped 0.70 percent, Hyundai Motor advanced 0.88 percent, Kia Motors gained 0.80 percent and Lotte Chemical was unchanged.
RTTNews | 42天前
New Zealand Manufacturing Sales Data Due On Tuesday

New Zealand Manufacturing Sales Data Due On Tuesday

New Zealand will on Tuesday release Q2 data for manufacturing sales volume, highlighting a light day for Asia-Pacific economic activity. Sales were down 0.4 percent on quarter in the three months prior.
RTTNews | 42天前
TSX Snaps 4-day Losing Streak, Ends More Than 1% Up

TSX Snaps 4-day Losing Streak, Ends More Than 1% Up

The Canadian market ended on a strong note on Monday thanks to some hectic bargain hunting at several counters after four successive days of losses. Technology, healthcare, financials and industrials stocks were among the major gainers.
RTTNews | 42天前
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Dollar Rises Before Inflation Data

Dollar Rises Before Inflation Data

The U.S. dollar firmed against its major counterparts on Monday with traders awaiting U.S. consumer price inflation data due later in the week, and betting on hopes the Fed will not cut interest rate by more than 25 basis points next week.
RTTNews | 42天前
Swiss Market Ends Moderately Higher

Swiss Market Ends Moderately Higher

The Switzerland market ended higher on Monday, in line with markets across Europe, as investors looked ahead to key inflation data from the U.S., and the European Central Bank's monetary policy announcement this week.
RTTNews | 42天前
European Stocks Close On Firm Note

European Stocks Close On Firm Note

European stocks closed on a firm note on Monday, rebounding from recent losses, as investors indulged in some strong buying at several counters ahead of European Central Bank's monetary policy announcement, and U.S. inflation data, due later in the week.
RTTNews | 42天前
U.S. Dollar Rises Ahead Of Inflation Data

U.S. Dollar Rises Ahead Of Inflation Data

The U.S. dollar strengthened against its most major counterparts in the New York session on Monday, as expectations for larger Fed rate cuts faded and investors awaited August inflation data due later this week.
RTTNews | 42天前
U.S. Wholesale Inventories Rise Slightly Less Than Expected In July

U.S. Wholesale Inventories Rise Slightly Less Than Expected In July

Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories crept up by 0.2 percent in July, while revised data showed inventories were unchanged in June.
RTTNews | 42天前

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