Tag: composite

Asia stocks subdued as weak Europe data fuel growth fears

Stocks in Asia struggled for direction on Tuesday as weak economic data in Europe fueled fears of slowing growth and weighed on investor sentiment. The Shenzhen composite also rose 0.331% to approximately 1,665.56. The Topix index also gained 0.42% to end its trading day at 1,622.94. Over in South Korea, the Kospi closed 0.45% higher at 2,101.04, while Australia’s S&P/ASX 200 finished its trading day just below the flatline at 6,748.90. Overall, the MSCI Asia ex-Japan index rose 0.05%.

Stocks in Asia struggled for direction on Tuesday as weak economic data in Europe fueled fears of slowing growth and weighed on investor sentiment. The Shenzhen composite also rose 0.331% to approximately 1,665.56. The Topix index also gained 0.42% to end its trading day at 1,622.94. Over in South Korea, the Kospi closed 0.45% higher at 2,101.04, while Australia’s S&P/ASX 200 finished its trading day just below the flatline at 6,748.90. Overall, the MSCI Asia ex-Japan index rose 0.05%.
Asia stocks subdued as weak Europe data fuel growth fears Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-24  Authors: eustance huang
Keywords: news, cnbc, companies, trading, shenzhen, shares, hong, weak, higher, composite, closed, subdued, growth, europe, rose, asia, data, stocks, index, fears, day, fuel

Asia stocks subdued as weak Europe data fuel growth fears

Stocks in Asia struggled for direction on Tuesday as weak economic data in Europe fueled fears of slowing growth and weighed on investor sentiment.

Shares on mainland China edged up on the day, with the Shanghai composite adding 0.28% to about 2,985.34 and the Shenzhen component gaining 0.31% to 9,811.38. The Shenzhen composite also rose 0.331% to approximately 1,665.56.

Meanwhile, Hong Kong’s Hang Seng index advanced 0.24%, as of its final hour of trading. Shares of Anheuser-Busch InBev’s Asian business were priced at HK$27 apiece, the bottom of the range in the firm’s second attempt at listing in Hong Kong. The stock is scheduled to start trading on Sept. 30.

In Japan, the Nikkei 225 closed fractionally higher at 22,098.84 despite shares of index heavyweights Fast Retailing and Softbank Group declining 1.16% and 1.82%, respectively. The Topix index also gained 0.42% to end its trading day at 1,622.94.

Over in South Korea, the Kospi closed 0.45% higher at 2,101.04, while Australia’s S&P/ASX 200 finished its trading day just below the flatline at 6,748.90.

Overall, the MSCI Asia ex-Japan index rose 0.05%.

Company: cnbc, Activity: cnbc, Date: 2019-09-24  Authors: eustance huang
Keywords: news, cnbc, companies, trading, shenzhen, shares, hong, weak, higher, composite, closed, subdued, growth, europe, rose, asia, data, stocks, index, fears, day, fuel

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Stocks in Asia mixed as investors await ECB interest rate decision; Apple suppliers mostly jump

Shares in Asia were mixed on Wednesday as investors awaited the European central bank’s interest rate decision later in the week. Mainland Chinese shares were lower on the day, with the Shenzhen component declining 0.935% to about 1,671.54 and the Shenzhen composite down 1.12% to 9,853.72. Meanwhile, Hong Kong’s Hang Seng index rose 1.51%, as of its final hour of trading. Elsewhere in Japan, the Nikkei 225 rose 0.96% to close at 21,597.76 while the Topix index gained 1.65% on the day to 1,583.66

Shares in Asia were mixed on Wednesday as investors awaited the European central bank’s interest rate decision later in the week. Mainland Chinese shares were lower on the day, with the Shenzhen component declining 0.935% to about 1,671.54 and the Shenzhen composite down 1.12% to 9,853.72. Meanwhile, Hong Kong’s Hang Seng index rose 1.51%, as of its final hour of trading. Elsewhere in Japan, the Nikkei 225 rose 0.96% to close at 21,597.76 while the Topix index gained 1.65% on the day to 1,583.66
Stocks in Asia mixed as investors await ECB interest rate decision; Apple suppliers mostly jump Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-11  Authors: eustance huang
Keywords: news, cnbc, companies, stocks, decision, tariffs, shares, rose, asia, index, ecb, shenzhen, investors, rate, day, south, china, mixed, suppliers, interest, jump, await, composite

Stocks in Asia mixed as investors await ECB interest rate decision; Apple suppliers mostly jump

Shares in Asia were mixed on Wednesday as investors awaited the European central bank’s interest rate decision later in the week.

Mainland Chinese shares were lower on the day, with the Shenzhen component declining 0.935% to about 1,671.54 and the Shenzhen composite down 1.12% to 9,853.72. The Shanghai composite slipped 0.41% to around 3,008.81. Meanwhile, Hong Kong’s Hang Seng index rose 1.51%, as of its final hour of trading.

Elsewhere in Japan, the Nikkei 225 rose 0.96% to close at 21,597.76 while the Topix index gained 1.65% on the day to 1,583.66. South Korea’s Kospi closed 0.84% higher at 2,049.20. Over in Australia, the S&P/ASX 200 advanced 0.36% to end its trading day at 6,638.00.

Overall, the MSCI Asia ex-Japan index rose 0.64%.

On the trade front, China’s Ministry of Finance announced that 16 American products will be exempted from additional tariffs. On Tuesday, the South China Morning Post reported that China has offered to increase U.S. agricultural purchases in exchange for a delay in tariffs and easing of a supply ban against telecommunications giant Huawei Technologies.

Company: cnbc, Activity: cnbc, Date: 2019-09-11  Authors: eustance huang
Keywords: news, cnbc, companies, stocks, decision, tariffs, shares, rose, asia, index, ecb, shenzhen, investors, rate, day, south, china, mixed, suppliers, interest, jump, await, composite

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Asia stocks mixed amid positive signals from Beijing on US-China trade

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now. In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now. In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1
Asia stocks mixed amid positive signals from Beijing on US-China trade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: eustance huang
Keywords: news, cnbc, companies, trade, uschina, asia, signals, stocks, amid, beijing, index, shenzhen, shares, higher, composite, close, positive, day, mixed, trading, korea, rate

Asia stocks mixed amid positive signals from Beijing on US-China trade

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now.

In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86.

Similar gains were seen in South Korea, where the Kospi finished the session 1.78% higher at 1,967.79 as chipmaker SK Hynix saw its stock soar 5.59%.

The Bank of Korea left its benchmark interest rate unchanged on Friday, a decision that was in line with expectations of analysts surveyed by Reuters. The central bank had cut its base rate for the first time in three years in July.

Australia’s S&P/ASX 200 jumped 1.49% to close at 6,604.20.

Mainland Chinese shares, on the other hand, slipped on the day. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1,579.25.

Hong Kong’s Hang Seng index was fractionally higher, as of its final hour of trading, with the city remaining in a state of turmoil as planned protests for the weekend were cancelled and pro-democracy activist Joshua Wong was arrested.

Overall, the MSCI Asia ex-Japan index gained 0.95%.

Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: eustance huang
Keywords: news, cnbc, companies, trade, uschina, asia, signals, stocks, amid, beijing, index, shenzhen, shares, higher, composite, close, positive, day, mixed, trading, korea, rate

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Asia stocks mixed amid positive signals from Beijing on US-China trade

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now. In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now. In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1
Asia stocks mixed amid positive signals from Beijing on US-China trade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: eustance huang
Keywords: news, cnbc, companies, higher, index, asia, uschina, rate, close, signals, trading, positive, korea, day, stocks, shenzhen, trade, shares, amid, composite, beijing, mixed

Asia stocks mixed amid positive signals from Beijing on US-China trade

Stocks in Asia were mixed on Friday as Beijing hinted that it will not retaliate against the latest round of tariffs from Washington for now.

In Japan, the Nikkei 225 rose 1.19% to close at 20,704.37 as shares of index heavyweight and robot maker Fanuc surged 2.73%. The Topix index also added 1.46% to end its trading day at 1,511.86.

Similar gains were seen in South Korea, where the Kospi finished the session 1.78% higher at 1,967.79 as chipmaker SK Hynix saw its stock soar 5.59%.

The Bank of Korea left its benchmark interest rate unchanged on Friday, a decision that was in line with expectations of analysts surveyed by Reuters. The central bank had cut its base rate for the first time in three years in July.

Australia’s S&P/ASX 200 jumped 1.49% to close at 6,604.20.

Mainland Chinese shares, on the other hand, slipped on the day. The Shanghai composite was down 0.16% to about 2,886.24 and the Shenzhen component shedding 0.35% to 9,365.68. The Shenzhen composite fell 0.744% to approximately 1,579.25.

Hong Kong’s Hang Seng index was fractionally higher, as of its final hour of trading, with the city remaining in a state of turmoil as planned protests for the weekend were cancelled and pro-democracy activist Joshua Wong was arrested.

Overall, the MSCI Asia ex-Japan index gained 0.95%.

Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: eustance huang
Keywords: news, cnbc, companies, higher, index, asia, uschina, rate, close, signals, trading, positive, korea, day, stocks, shenzhen, trade, shares, amid, composite, beijing, mixed

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Asia stocks slip amid US-China trade uncertainty

Shares in mainland China slipped on the day: The Shanghai composite shed 1.56% to about 2,777.56 while the Shenzhen component fell 1.39% to 8,859.47. The Shenzhen composite tumbled 1.777% to approximately 1,490.30. In Hong Kong, the Hang Seng index slipped 0.67% to close at 25,976.24, after earlier dropping more than 2%. Japan’s Nikkei 225 fell 0.65% on the day to 20,585.31 while the Topix index declined 0.44% to end its trading day at 1,499.23. In South Korea, the Kospi shed 1.51% to close at 1

Shares in mainland China slipped on the day: The Shanghai composite shed 1.56% to about 2,777.56 while the Shenzhen component fell 1.39% to 8,859.47. The Shenzhen composite tumbled 1.777% to approximately 1,490.30. In Hong Kong, the Hang Seng index slipped 0.67% to close at 25,976.24, after earlier dropping more than 2%. Japan’s Nikkei 225 fell 0.65% on the day to 20,585.31 while the Topix index declined 0.44% to end its trading day at 1,499.23. In South Korea, the Kospi shed 1.51% to close at 1
Asia stocks slip amid US-China trade uncertainty Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: eustance huang
Keywords: news, cnbc, companies, trade, amid, slipped, composite, shed, earlier, index, stocks, asia, uschina, day, fell, shenzhen, slip, trading, uncertainty

Asia stocks slip amid US-China trade uncertainty

Asia markets pared earlier losses but still saw declines on Tuesday as the U.S.-China trade war intensified, after Beijing confirmed it is suspending agricultural product purchases in response to new American tariffs.

President Donald Trump said last week the U.S. is putting 10% tariffs on another $300 billion worth of Chinese goods starting Sept. 1.

Shares in mainland China slipped on the day: The Shanghai composite shed 1.56% to about 2,777.56 while the Shenzhen component fell 1.39% to 8,859.47. The Shenzhen composite tumbled 1.777% to approximately 1,490.30.

In Hong Kong, the Hang Seng index slipped 0.67% to close at 25,976.24, after earlier dropping more than 2%.

Japan’s Nikkei 225 fell 0.65% on the day to 20,585.31 while the Topix index declined 0.44% to end its trading day at 1,499.23.

In South Korea, the Kospi shed 1.51% to close at 1,917.50, Australia’s S&P/ASX 200 slipped 2.44% to finish its trading day at 6,478.10.

The MSCI Asia ex-Japan index declined 0.79%, as of 4:15 p.m. HK/SIN.

The Tuesday session in Asia followed overnight declines on Wall Street, where the Dow Jones Industrial Average plunged more than 700 points, the S&P 500 dropped nearly 3% and the Nasdaq Composite fell 3.5%. It was the worst percentage drop for all three indexes this year.

Company: cnbc, Activity: cnbc, Date: 2019-08-06  Authors: eustance huang
Keywords: news, cnbc, companies, trade, amid, slipped, composite, shed, earlier, index, stocks, asia, uschina, day, fell, shenzhen, slip, trading, uncertainty

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Europe stocks trade higher as China data meets expectations; Galapagos up 17%

European stocks traded higher Monday morning, despite worries that China’s economy is slowing amid a trade war with the U.S. Traders kept a close watch on the latest economic figures out of China. The country posted second-quarter figures on Monday that showed its economy grew 6.2% in the second-quarter, at its slowest pace in 27 years. Still, China’s GDP (gross domestic product) growth was in line with expectations, and data for industrial production, retail sales and fixed-asset investment cam

European stocks traded higher Monday morning, despite worries that China’s economy is slowing amid a trade war with the U.S. Traders kept a close watch on the latest economic figures out of China. The country posted second-quarter figures on Monday that showed its economy grew 6.2% in the second-quarter, at its slowest pace in 27 years. Still, China’s GDP (gross domestic product) growth was in line with expectations, and data for industrial production, retail sales and fixed-asset investment cam
Europe stocks trade higher as China data meets expectations; Galapagos up 17% Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, secondquarter, composite, europe, galapagos, figures, chinas, watch, economy, trade, stocks, data, 17, worries, expectations, meets, china, higher

Europe stocks trade higher as China data meets expectations; Galapagos up 17%

European stocks traded higher Monday morning, despite worries that China’s economy is slowing amid a trade war with the U.S.

The pan-European Stoxx 600 edged 0.5% higher in early deals. Basic resources leading led the gains with a 1.3% rise while food and beverage stocks slipped 0.2% and were the only sector trading in negative territory.

Traders kept a close watch on the latest economic figures out of China. The country posted second-quarter figures on Monday that showed its economy grew 6.2% in the second-quarter, at its slowest pace in 27 years. Still, China’s GDP (gross domestic product) growth was in line with expectations, and data for industrial production, retail sales and fixed-asset investment came in above analyst expectations.

Chinese stocks got a boost from the fresh data, with the Shanghai composite climbing 0.76% and the Shenzhen composite up 1.26%. MSCI’s broadest index of Asian shares outside Japan rose 0.26%.

Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, secondquarter, composite, europe, galapagos, figures, chinas, watch, economy, trade, stocks, data, 17, worries, expectations, meets, china, higher

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China’s stocks rise as data shows lowest quarterly growth in 27 years

Chinese stocks recovered from an earlier slip to finish the trading day higher on Monday, following the release of GDP data that showed the Chinese economy growing at its slowest pace in at least 27 years. The Shanghai composite added 0.4% to 2,942.19, while the Shenzhen component rose 1.04% to 9,309.42. The Shenzhen composite also gained 1% to 1,572.34. Elsewhere, South Korea’s Kospi ended the trading day in Seoul 0.2% lower at 2,082.48. overall, the MSCI Asia ex-Japan index rose 0.28%.

Chinese stocks recovered from an earlier slip to finish the trading day higher on Monday, following the release of GDP data that showed the Chinese economy growing at its slowest pace in at least 27 years. The Shanghai composite added 0.4% to 2,942.19, while the Shenzhen component rose 1.04% to 9,309.42. The Shenzhen composite also gained 1% to 1,572.34. Elsewhere, South Korea’s Kospi ended the trading day in Seoul 0.2% lower at 2,082.48. overall, the MSCI Asia ex-Japan index rose 0.28%.
China’s stocks rise as data shows lowest quarterly growth in 27 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: eustance huang
Keywords: news, cnbc, companies, stocks, trading, chinese, lowest, quarterly, shows, shenzhen, wealth, rose, growth, index, 27, data, chinas, day, company, added, rise, composite

China's stocks rise as data shows lowest quarterly growth in 27 years

Chinese stocks recovered from an earlier slip to finish the trading day higher on Monday, following the release of GDP data that showed the Chinese economy growing at its slowest pace in at least 27 years.

The Shanghai composite added 0.4% to 2,942.19, while the Shenzhen component rose 1.04% to 9,309.42. The Shenzhen composite also gained 1% to 1,572.34.

Hong Kong’s Hang Seng index added 0.22%, as of its final hour of trading, with the city still stuck in turmoil surrounding a controversial extradition bill. Meanwhile, the Budweiser initial public offering in Hong Kong, which was set to be the world’s biggest listing of 2019, was canceled by parent company Anheuser-Busch InBev.

Elsewhere, South Korea’s Kospi ended the trading day in Seoul 0.2% lower at 2,082.48.

Over in Australia, the S&P/ASX 200 declined 0.65% to close at 6,653.00 as most sectors slipped. Shares of wealth manager AMP plunged 15.81% after the company said it was “highly unlikely to proceed ” with the sale of its life insurance and wealth protection business.

overall, the MSCI Asia ex-Japan index rose 0.28%.

Markets in Japan were closed on Monday for a holiday.

Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: eustance huang
Keywords: news, cnbc, companies, stocks, trading, chinese, lowest, quarterly, shows, shenzhen, wealth, rose, growth, index, 27, data, chinas, day, company, added, rise, composite

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Asia stocks subdued as investors look ahead to jobs report stateside

Stocks in Asia were muted on Friday ahead of the release of the U.S. nonfarm payrolls report, which may provide clues as on whether the Federal Reserve will cut interest rates at its July monetary policy meeting. Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.19% to about 3,011.06 and the Shenzhen component adding 0.8% to 9,443.22. The Shenzhen composite was higher by 0.626% to approximately 1,601.20. Over in Hong Kong, the Hang Seng index was 0.13% lower, as of

Stocks in Asia were muted on Friday ahead of the release of the U.S. nonfarm payrolls report, which may provide clues as on whether the Federal Reserve will cut interest rates at its July monetary policy meeting. Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.19% to about 3,011.06 and the Shenzhen component adding 0.8% to 9,443.22. The Shenzhen composite was higher by 0.626% to approximately 1,601.20. Over in Hong Kong, the Hang Seng index was 0.13% lower, as of
Asia stocks subdued as investors look ahead to jobs report stateside Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-05  Authors: eustance huang
Keywords: news, cnbc, companies, trading, asia, composite, investors, economy, look, shenzhen, day, fell, subdued, stocks, report, ahead, budget, yearsin, jobs, stateside, higher

Asia stocks subdued as investors look ahead to jobs report stateside

Stocks in Asia were muted on Friday ahead of the release of the U.S. nonfarm payrolls report, which may provide clues as on whether the Federal Reserve will cut interest rates at its July monetary policy meeting.

Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.19% to about 3,011.06 and the Shenzhen component adding 0.8% to 9,443.22. The Shenzhen composite was higher by 0.626% to approximately 1,601.20.

Over in Hong Kong, the Hang Seng index was 0.13% lower, as of its final hour of trading.

India’s Nifty 50 fell below the 11,900 level as the country announced its budget for the fiscal year from April 1, 2019 to March 31, 2020.

In her budget speech, Finance Minister Nirmala Sitharaman said India needs to invest heavily in infrastructure, digital economy and job creation in small and medium-sized firms to achieve its goal of becoming a $5 trillion economy over the next several years.

In Japan, the Nikkei 225 added 0.2% to close at 21,746.38 and the Topix rose 0.18% to end its trading day at 1,592.58.

Meanwhile, South Korea’s Kospi finished its trading day fractionally higher at 2,110.59, as shares of industry heavyweight Samsung Electronics fell 0.76% after reporting that second-quarter profit likely dropped 56% as compared to a year ago.

Australia’s S&P/ASX 200 closed 0.5% higher at 6,751.30 as most of the sectors advanced.

Company: cnbc, Activity: cnbc, Date: 2019-07-05  Authors: eustance huang
Keywords: news, cnbc, companies, trading, asia, composite, investors, economy, look, shenzhen, day, fell, subdued, stocks, report, ahead, budget, yearsin, jobs, stateside, higher

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Asian markets decline as trade worries weigh on investor sentiment

Major Asian markets declined on Wednesday as global trade concerns weighed on investor sentiment. The Nikkei 225 slipped 0.53% to close at 21,638.16, while the Topix fell 0.65% to end its trading day at 1,579.54. In mainland China, the Shanghai composite was lower by 0.94% to close at 3,015.26 and the Shenzhen component shed 1.32% to 9,419.84. The Shenzhen composite fell 1.18% to close at 1,600.02. Over in Australia, the S&P/ASX 200 bucked the overall trend in the region as it ended its trading

Major Asian markets declined on Wednesday as global trade concerns weighed on investor sentiment. The Nikkei 225 slipped 0.53% to close at 21,638.16, while the Topix fell 0.65% to end its trading day at 1,579.54. In mainland China, the Shanghai composite was lower by 0.94% to close at 3,015.26 and the Shenzhen component shed 1.32% to 9,419.84. The Shenzhen composite fell 1.18% to close at 1,600.02. Over in Australia, the S&P/ASX 200 bucked the overall trend in the region as it ended its trading
Asian markets decline as trade worries weigh on investor sentiment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: eustance huang
Keywords: news, cnbc, companies, worries, composite, slipped, asian, trade, sentiment, decline, day, declined, trading, fell, weighed, markets, shenzhen, weigh, world, investor, close

Asian markets decline as trade worries weigh on investor sentiment

Major Asian markets declined on Wednesday as global trade concerns weighed on investor sentiment.

The Nikkei 225 slipped 0.53% to close at 21,638.16, while the Topix fell 0.65% to end its trading day at 1,579.54.

In mainland China, the Shanghai composite was lower by 0.94% to close at 3,015.26 and the Shenzhen component shed 1.32% to 9,419.84. The Shenzhen composite fell 1.18% to close at 1,600.02.

A private survey on Wednesday showed that growth in China’s services sector slowed to a four-month low in June.

Meanwhile, South Korea’s Kospi also declined 1.23% to close at 2,096.02. Over in Australia, the S&P/ASX 200 bucked the overall trend in the region as it ended its trading day 0.49% higher at 6,685.50.

Hong Kong’s Hang Seng index slipped more than 0.2%, as of its final hour of trading.

“I think recessionary signals are rising,” Rainer Michael Preiss, executive director at Taurus Wealth Advisors, told CNBC’s “Street Signs” on Wednesday. “Every number in … many countries around the world that I look at seem to imply that the economies are weakening much faster than equity prices.”

Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: eustance huang
Keywords: news, cnbc, companies, worries, composite, slipped, asian, trade, sentiment, decline, day, declined, trading, fell, weighed, markets, shenzhen, weigh, world, investor, close

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Asia Pacific stocks advance as investors await Trump-Xi meeting

Markets in Asia Pacific advanced on Thursday as investors awaited the meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit. The Nikkei 225 rose 1.19% to close at 21,338.17, while the Topix index added 1.23% to finish its trading day at 1,553.27. Mainland Chinese shares rose on the day, with the Shanghai composite adding 0.69% to 2,996.79 and the Shenzhen component rising 1.28% to 9,239.48. The Shenzhen composite also advanced 1.092% to 1,577.56. In Sout

Markets in Asia Pacific advanced on Thursday as investors awaited the meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit. The Nikkei 225 rose 1.19% to close at 21,338.17, while the Topix index added 1.23% to finish its trading day at 1,553.27. Mainland Chinese shares rose on the day, with the Shanghai composite adding 0.69% to 2,996.79 and the Shenzhen component rising 1.28% to 9,239.48. The Shenzhen composite also advanced 1.092% to 1,577.56. In Sout
Asia Pacific stocks advance as investors await Trump-Xi meeting Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-27  Authors: eustance huang
Keywords: news, cnbc, companies, await, advance, rose, meeting, shenzhen, index, advanced, investors, trading, president, close, stocks, chinese, pacific, day, asia, composite, trumpxi

Asia Pacific stocks advance as investors await Trump-Xi meeting

Markets in Asia Pacific advanced on Thursday as investors awaited the meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit.

The Nikkei 225 rose 1.19% to close at 21,338.17, while the Topix index added 1.23% to finish its trading day at 1,553.27.

Shares of troubled Apple supplier Japan Display soared 18.33% after Japanese media reported that the tech giant would inject $100 million into the company.

Mainland Chinese shares rose on the day, with the Shanghai composite adding 0.69% to 2,996.79 and the Shenzhen component rising 1.28% to 9,239.48. The Shenzhen composite also advanced 1.092% to 1,577.56.

Hong Kong’s Hang Seng index also added 1.36%, as of its final hour of trading.

In South Korea, the Kospi gained 0.59% to close at 2,134.32, while Australia’s S&P/ASX 200 rose 0.39% to end its trading day Down Under at 6,666.30.

Company: cnbc, Activity: cnbc, Date: 2019-06-27  Authors: eustance huang
Keywords: news, cnbc, companies, await, advance, rose, meeting, shenzhen, index, advanced, investors, trading, president, close, stocks, chinese, pacific, day, asia, composite, trumpxi

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