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Asian stock markets closed mixed after the gains of the last few days

Tokyo’s Nikkei closed at 27,257.38, up 101.24, or +0.37%, as investors expected the U.S. Nasdaq to rise after Netflix, the major U.S. movie streaming provider, announced that its membership grew more than expected around the world, especially in the Asia-Pacific region. Gainers were Softbank Group Corp.+8.72%, Tokyo Electric Power Co, Inc.+2.73%, and Tokyo Gas+2.42%. The …

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Most of Asia’s stock markets closed higher, tracking the performance of the Dow

Markets

Tokyo’s Nikkei closed at 27,156.14, up 380.35, or 1.42%, boosted by the decision of the new UK Chancellor of the Exchequer to cancel the announced tax cuts in order to contain the turmoil in the financial markets. Recruit Holdings+5.05%, Yamaha Corp.+4.67%, and Konami Corp.+4.38% were the gainers. The losers were Tokyo Gas-0.98%, Chiyoda Corp.-0.82%, and …

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Asian stock markets closed mixed at the start of the week

Markets

Tokyo’s Nikkei closed at 26,775.79, down 314.97 or -1.16%, as investors took profits after the Nikkei closed up more than 3% on Friday. The losers were Daiichi Sankyo-3.29%, Mitsui-3.26%, and Itochu Corp.-3.20%. Kawasaki Kisen Kaisha+6.61%, Isetan Mitsukoshi Holdings+4.48%, and Mitsui O.S.K. Lines+3.76% were the gainers. In Australia, the S&P/ASX 200 closed at 6,664.40, down 94.40 …

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This is how the markets moved last week

Markets

The New York Dow closed more than 400 points lower as markets remained under pressure from rising inflation expectations that would prompt the Federal Reserve to raise interest rates more aggressively and could lead to a recession in the U.S. economy. Crude oil futures closed sharply lower on Friday (Oct. 14), with markets pressured by …

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Asian stock markets closed mostly higher following the rally in U.S. equities

Markets

Tokyo’s Nikkei closed up more than 3% at 27,090.76 points, up 853.34 points or +3.25%, boosted by speculative buying after four straight days of declines. The winners were Toyota Motor (+1.24%), Mitsubishi Motors Corp (+4.82%), and Tokyo Electric Power Co (+3.79%). The losers were West Japan Railway Co. +0.42%, Takashimaya+0.45%, and ANA Holdings. +0.48%. China’s …

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Asian stock markets closed lower on Thursday ahead of U.S. consumer price inflation data

Markets

Hong Kong’s Hang Seng closed down 311.92 points, or -1.87%, at 16,389.11 as investors sold stocks to mitigate risk ahead of today’s U.S. Consumer Price Index (CPI) release. The losers were Toho-3.84%, TOTO-3.10%, and Chiyoda Corp.-3.04%. The gainers were Mitsubishi Motors Corp.+2.14%, Tokyo Electron+1.91%, and Dainippon Screen Mfg.+1.84%. China’s Shanghai Composite closed down 9.15 points, …

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Asian stock markets closed mixed – Investors concerned about a global economic slowdown

Markets

Tokyo’s Nikkei closed slightly lower at 26,396.83 points, down 4.42 points or -0.02%, as investors slowed trading to await the release of U.S. inflation data for September this week. This could further increase the likelihood that the Federal Reserve (Fed) will raise interest rates more aggressively. The losers were Shinsei Bank-4.63%, Tokyo Electron-4.39%, and Mitsubishi …

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Asian stock markets closed mostly in the red – focus on U.S. inflation data

Markets

Tokyo’s Nikkei closed more than 2% lower at 26,401.25, down 714.86 or -2.64%, as strong U.S. employment data released last week reinforced forecasts that the U.S. Federal Reserve (Fed) will continue to raise interest rates sharply to curb the heat in the U.S. economy. The losers were Hitachi Construction Machinery Co-6.41%, Hitachi Construction Machinery Co-6.41%, …

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Asian stock markets closed in the red on Monday

Markets

In Australia, the S&P/ASX 200 closed at 6,667.80, down 95.00 or -1.40%, and the All Ordinaries closed at 6,872.00, down 104.10 or -1.49%. The losers were Zip-7.35%, St Barbara-7.14%, and Silver Lake Resources-7.06%. The gainers were Mesoblast+8.21%, Sims Metal Management+2.18%, and Fortescue Metals+1.85%. China’s Shanghai Composite closed down 50.24 points, or -1.66%, at 2,974.15 as …

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This is how the major markets closed last week

Markets

The Dow closed sharply lower after the release of strong U.S. employment data in September worried investors that the U.S. Federal Reserve (Fed) will continue to raise interest rates sharply. Crude oil futures closed higher as the market continues to react to the largest production cut by OPEC and OPEC+ in 2 years. The gold …

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