The Magazine for Asian Investors
The Hang Seng in Hong Kong closed down 75.82 points, or -0.42%, at 18,012.15 points, after the market gained more than 1,000 points yesterday. The worst performers were Kiddieland International (-26.67%), Bc Technology (-23.17%), and Tongfang Kontafarma (-22.50%). The best…
Tokyo’s Nikkei closed up 128.32 points, or +0.48%, at 27,120.53 as investors eased concerns about the Federal Reserve’s accelerated rate hikes after weaker-than-expected U.S. jobs data. Rakuten Inc+2.83%, Japan Steel Works+2.72%, and Shin-Etsu Chemical+2.51% were the gainers. Losers were Nippon…
The Tokyo Nikkei closed up almost 3% at 26,992.21 points, up 776.42 points, or 2.96%, boosted by the announcement of the UK government to cancel the massive tax cuts that had caused turmoil in the financial markets last week. Itochu…
Tokyo Nikkei closed at 26,215.79, up 278.58 or +1.07%, after the market fell earlier due to poor sentiment among Japanese manufacturers. The gainers were Nippon Sheet Glass+5.48%, Nippon Yusen K.K+5.35%, and Shinsei Bank+5.35%. The losers were Kansai Electric Power-5.28%, Unitika-5.03%,…
In Australia, the S&P/ASX 200 closed at 6,474.20, down 80.80 or -1.23%, and the All Ordinaries closed at 6,678.70, down 81.90 or -1.21%, in line with the sharp decline in Asian stock markets today after the U.S. stock markets plunged…
Hong Kong’s Hang Seng closed down 85.01 points, or -0.49%, at 17,165.87, after rising more than 200 points in the morning. Investors remain concerned that the U.S. Federal Reserve (Fed) and other central banks will raise interest rates to curb…
Tokyo’s Nikkei closed at a 3-month low of 26,173.98, down 397.89, or -1.5%. It followed the Dow Jones, which closed in the red for the sixth straight day on Tuesday (Sept. 27) after reports that Apple decided to cancel plans…
The Nikkei recovered to close up 140.32 points, or +0.53%, at 26,571.87 as investors got back into stocks after yesterday’s sharp decline. The gainers were Konamil Corp +4.01%, Hitachi Zosen Corp +3.86%, and Mitsui Engineering & Shipbuilding+2.82%. The losers were…
Asian stock markets closed lower today as investors feared a global recession after the U.S. Federal Reserve (Fed) and other central banks insisted on tightening monetary policy further. Investors expect the Fed to raise interest rates by 0.75% at its…
In Australia, the S&P/ASX 200 closed at 6,574.70, down 125.50, or -1.87%, and the All Ordinaries closed at 6,788.70, down 132.70, or -1.92%, amid fears of a rate hike after a survey showed the Reserve Bank of Australia will raise…
