Hong Kong Bourse May Extend Friday's Gains

RTTNews | 1025 일 전

(RTTNews) - The Hong Kong stock market soared higher again on Friday, one day after halting the two-day winning streak in which it had surged more than 1,140 points or 8 percent. The Hang Seng Index now sits just above the 16,160-point plateau and it's tipped to open in the green again on Monday.

The global forecast for the Asian markets is upbeat following stronger than expected employment data from the United States. The European and U.S. markets were solidly higher and the Asian bourses are tipped to follow suit.

The Hang Seng finished with huge gains on Friday with support across the board, especially from the properties, oil companies and technology stocks.

For the day, the index skyrocketed 821.65 points or 5.36 percent to finish at 16,161.14 after trading between 15,442.76 and 16,513.16.

Among the actives, Alibaba Group surged 10.95 percent, while Alibaba Health Info jumped 6.60 percent, ANTA Sports spiked 8.06 percent, China Life Insurance rallied 7.18 percent, China Mengniu Dairy accelerated 7.76 percent, China Petroleum and Chemical (Sinopec) increased 2.79 percent, China Resources Land soared 9.26 percent, CITIC added 2.69 percent, CNOOC gained 1.65 percent, Country Garden skyrocketed 15.38 percent, CSPC Pharmaceutical climbed 4.64 percent, Galaxy Entertainment improved 3.95 percent, Hang Lung Properties strengthened 5.08 percent, Henderson Land advanced 4.42 percent, Hong Kong & China Gas was up 1.13 percent, Industrial and Commercial Bank of China collected 2.95 percent, JD.com surged 12.52 percent, Lenovo rose 1.51 percent, Li Ning skyrocketed 12.40 percent, Longfor spiked 8.31 percent, Meituan jumped 5.65 percent, New World Development rallied5.96 percent, Techtronic Industries strengthened 4.60 percent, Xiaomi Corporation accelerated 6.36 percent and WuXi Biologics soared 10.45 percent.

The lead from Wall Street is upbeat as the major averages opened sharply higher on Friday, faded midday but bounced higher again late in the session.

The Dow surged 402.02 points or 1.26 percent to finish at 32,403.22, while the NASDAQ jumped 132.35 points or 1.28 percent to close at 10,475.25 and the S&P 500 climbed 50.66 points or 1.36 percent to end at 3,770.55.

For the week, the NASDAQ plummeted 5.7 percent, the S&P tumbled 3.4 percent and the Dow dropped 1.4 percent.

The volatility followed the release of the Labor Department's closely watched monthly employment report for October.

The report showed non-farm payroll employment jumped by 261,000 jobs in October after surging by an upwardly revised 315,000 jobs in September.

The report generated a mixed reaction among traders, creating uncertainty about the outlook for future interest rate hikes.

Crude oil prices climbed higher Friday amid easing concerns about the outlook for energy demand. A weak dollar and fears of a ban by the European Union on Russian oil also supported crude oil prices. West Texas Intermediate Crude oil futures for December ended higher by $4.44 or 5 percent at $92.61 a barrel.

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 19 분 전

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 34 분 전

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 1 시간 4 분 전

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 1 시간 16 분 전

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 1 시간 25 분 전

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

RTTNews | 1 시간 33 분 전

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 1 시간 41 분 전

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.

RTTNews | 2 시간 3 분 전

EURUSD	1.16477	GBPUSD	1.35139	AUDUSD	0.65192
USDJPY	147.178	USDCAD	1.37722	USDCHF	0.80113