Higher Open Predicted For Hong Kong Stock Market

RTTNews | 5 시간 51 분 전

(RTTNews) - The Hong Kong stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped more than 220 points or 0.8 percent. The Hang Seng Index now rests just beneath the 26,650-point plateau and it's expected to open to the upside again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.

The Hang Seng finished sharply lower on Monday with gains across the board, especially among the property and technology companies. For the day, the index rallied 407.23 points or 1.55 percent to finish at 26,649.06 after trading between 26,302.93 and 26,668.89. Among the actives, Alibaba Group gained 2.06 percent, while Alibaba Health Info strengthened 3.39 percent, ANTA Sports vaulted 2.92 percent, China Life Insurance jumped 3.74 percent, China Mengniu Dairy spiked 4.17 percent, China Resources Land soared 4.45 percent, CITIC was up 0.88 percent, CNOOC surged 5.95 percent, CSPC Pharmaceutical expanded 2.71 percent, Galaxy Entertainment rallied 3.76 percent, Haier Smart Home increased 2.25 percent, Hang Lung Properties advanced 2.46 percent, Henderson Land gathered 0.41 percent, Hong Kong & China Gas fell 0.26 percent, Industrial and Commercial Bank of China collected 1.90 percent, JD.com gained 0.40 percent, Lenovo tumbled 1.17 percent, Li Auto added 2.39 percent, Li Ning improved 2.40 percent, Meituan rose 1.27 percent, New World Development accelerated 3.87 percent, Nongfu Spring climbed 2.47 percent, Techtronic Industries gathered 1.17 percent, Xiaomi Corporation perked 0.28 percent and WuXi Biologics picked up 1.12 percent.

The lead from Wall Street is solid as the major averages opened higher on Monday and largely spent most of the sessions firmly in positive territory.

The Dow jumped 381.53 points or 0.81 percent to finish at 47,368.63, while the NASDAQ surged 522.64 points or 2.27 percent to close at 23,527.17 and the S&P 500 rallied 103.63 points or 1.54 percent to end at 6,832.43.

The strength on Wall Street came after the Senate voted to advance legislation to end the government shutdown, which recently became the longest in U.S. history. The Senate voted 60-40 in favor of a temporary funding bill, which would also reverse some of the recent mass federal layoffs.

Several Democratic Senators broke with party leaders in favor of moving forward with the legislation, as it does call for a vote on the extension of enhanced Obamacare tax credits.

The end of the shutdown would also lead to the resumption of the release of key U.S. economic data that has recently been withheld.

Crude oil prices moved higher on Monday on the prospects of the U.S. government shutdown coming to a close. West Texas Intermediate crude for December delivery was up $0.31 or 0.52 percent at $60.06 per barrel.

European Shares Seen Higher As US Senate Passes Bill To End Shutdown

European stocks are seen opening on a positive note Tuesday after the U.S. Senate passed the funding bill to end the longest-running government shutdown in history.

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Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.

RTTNews | 2 시간 40 분 전

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RTTNews | 3 시간 43 분 전

Asian Markets Trade Mixed

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RTTNews | 4 시간 2 분 전

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RTTNews | 4 시간 34 분 전

Thai Shares Expected To Open To The Upside On Tuesday

The Thai stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.

RTTNews | 5 시간 6 분 전

Rebound Tipped For Indonesia Stock Market

The Indonesia stock market on Monday snapped the three-day winning streak in which it had gained almost 160 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,390-point plateau although it's expected to see renewed support on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead. The JCI finished slightly lower on Monday as losses from the financials and telecoms were mitigated by support from the resource stocks and a mixed picture from the cement companies. For the day, the index eased 3.35 points or 0.04 percent to finish at the daily low of 8,391.24 after peaking at 8,478.15. Among the actives, Bank CIMB Niaga shed 0.57 percent, while Bank Mandiri fell 0.42 percent, Bank Danamon Indonesia collected 0.40 percent, Bank Negara Indonesia tumbled 1.78 percent, Bank Central Asia skidded 1.15 percent, Bank Rakyat Indonesia slumped 1.26 percent, Indosat Ooredoo Hutchison plunged 3.72 percent, Indocement improved 0.78 percent, Semen Indonesia plummeted 4.17 percent, Indofood Sukses Makmur slipped 0.35 percent, United Tractors rallied 1.36 percent, Energi Mega Persada surged 4.60 percent, Astra Agro Lestari dropped 0.96 percent, Aneka Tambang rose 0.34 percent, Vale Indonesia eased 0.22 percent, Timah soared 6.85 percent, Bumi Resources spiked 6.38 percent and Astra International was unchanged. The lead from Wall Street is solid as the major averages opened higher on Monday and largely spent most of the sessions firmly in positive territory.

RTTNews | 5 시간 36 분 전

Japanese Market Significantly Higher

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RTTNews | 5 시간 49 분 전

EURUSD	1.15618	GBPUSD	1.31692	AUDUSD	0.65198
USDJPY	154.135	USDCAD	1.40345	USDCHF	0.80411