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China Stock Market May Add To Its Winnings On Tuesday

China Stock Market May Add To Its Winnings On Tuesday

The China stock market has finished higher in two straight sessions, advancing almost 70 points or 2.1 percent along the way. The Shanghai Composite now sits just above the 3,360-point plateau and it's tipped to open in the green again on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference. The SCI finished sharply higher on Monday following gains from the resource and energy stocks, while the oil companies were down and the financials were mixed. For the day, the index climbed 37.53 points or 1.13 percent to finish at 3,363.98 after trading between 3,323.01 and 3,369.30. The Shenzhen Composite Index rallied 35.49 points or 1.76 percent to end at 2,052.44. Among the actives, Industrial and Commercial Bank of China fell 0.33 percent, while China Construction Bank shed 0.50 percent, China Merchants Bank collected 0.47 percent, Agricultural Bank of China rose 0.21 percent, China Life Insurance advanced 0.97 percent, Jiangxi Copper rallied 1.38 percent, Aluminum Corp of China (Chalco) improved 0.93 percent, Yankuang Energy added 0.55 percent, PetroChina dipped 0.25 percent, China Petroleum and Chemical (Sinopec) sank 0.79 percent, Huaneng Power strengthened 1.29 percent, China Shenhua Energy dropped 0.88 percent, Gemdale perked 0.17 percent, China Vanke gained 0.93 percent and Bank of China and Poly Developments were unchanged.
RTTNews | Před 253 dny
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Monday wrote a finish to the four-day losing streak in which it had tumbled almost 700 points or 3.2 percent. The Taiwan Stock Exchange now rests just above the 22,730-point plateau although it's expected to see continued support on Tuesday.
RTTNews | Před 253 dny
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has tracked higher in three straight sessions, collecting more than 40 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,750-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
RTTNews | Před 253 dny
Additional Support Anticipated For Malaysia Stock Market

Additional Support Anticipated For Malaysia Stock Market

The Malaysia stock market on Monday snapped the two-day losing streak in which it had slipped almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,595-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
RTTNews | Před 253 dny
TSX Ends Modestly Lower

TSX Ends Modestly Lower

The Canadian market closed weak on Monday, weighed down by losses in healthcare, energy and materials sectors. The decline was due to a stronger dollar and fears of a trade war. Investors, looking ahead to some crucial economic data from the U.S., and Canada, stayed largely cautious.
RTTNews | Před 253 dny
South Korea Stock Market Due For Support On Tuesday

South Korea Stock Market Due For Support On Tuesday

The South Korea stock market has moved lower in back-to-back sessions, slumping more than 50 points or 2 percent along the way. The KOSPI now sits just above the 2,450-point plateau although it may find traction on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference. The KOSPI finished slightly lower on Monday as losses from the technology and chemical companies were offset by support from the financial shares and a mixed performance from the automobile companies. For the day, the index dipped 1.43 points or 0.06 percent to finish at 2,454.48 after trading between 2,448.45 and 2,483.29. Volume was 323.35 million shares worth 7.47 trillion won. There were 675 decliners and 216 gainers. Among the actives, Shinhan Financial rallied 1.70 percent, while KB Financial collected 0.21 percent, Hana Financial spiked 2.08 percent, Samsung Electronics skidded 1.11 percent, Samsung SDI jumped 1.77 percent, LG Electronics retreated 1.67 percent, SK Hynix shed 0.69 percent, Naver declined 1.45 percent, LG Chem lost 0.53 percent, Lotte Chemical plunged 3.26 percent, SK Innovation fell 0.40 percent, POSCO sank 0.71 percent, SK Telecom dropped 0.81 percent, KEPCO improved 0.84 percent, Hyundai Mobis soared 2.51 percent, Hyundai Motor slumped 1.14 percent and Kia Motors accelerated 1.40 percent.
RTTNews | Před 254 dny
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U.S. Stocks Close On Mixed Note; Nasdaq, S&P 500 Post Record Highs

U.S. Stocks Close On Mixed Note; Nasdaq, S&P 500 Post Record Highs

Technology stocks had a good session on Wall Street on Monday although the broad market remained somewhat sluggish as investors looked ahead to upcoming economic data, including private and non-farm payroll reports, JOLTs, and readings on manufacturing activity, due during the course of this week.
RTTNews | Před 254 dny
U.S. Stocks Turning In Mixed Performance; Nasdaq Climbs To Record High

U.S. Stocks Turning In Mixed Performance; Nasdaq Climbs To Record High

U.S. stocks are turning in a mixed performance on Monday with investors making cautious moves as they await a slew of crucial economic data, including reports on private sector and non-farm payroll employment, service sector activity and a reading on consumer sentiment.
RTTNews | Před 254 dny
Pound Drops On Tariff Concerns

Pound Drops On Tariff Concerns

The pound declined against its major counterparts in the New York session on Monday, as the U.S. dollar strengthened after President-elect Donald Trump threatened to impose a 100 percent tariff on BRICS nations if they moved away from the U.S. currency.
RTTNews | Před 254 dny
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed higher on Monday, in line with most of the markets across Europe. Investors digested data on retail sales, and a reading on the nation's manufacturing activity.
RTTNews | Před 254 dny
European Stocks Close Higher Despite Weak PMI Reports

European Stocks Close Higher Despite Weak PMI Reports

After struggling for direction early on in the session, European stocks closed broadly higher on Monday as investors digested the latest batch of economic data, including reports on Eurozone and UK manufacturing activity, and continued to follow the political developments in France.
RTTNews | Před 254 dny

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