Asian Markets Track Wall Street Higher

RTTNews | 616 hari yang lalu

(RTTNews) - Renewed rate cut optimism amidst easing inflationary pressures in the U.S. lifted Asian stocks on Wednesday.

China's Shanghai Composite Index rallied 0.54 percent to finish trading at 2,914.61. The day's trading ranged between 2,917.96 and 2,890.17. The Shenzhen Component Index also added 0.38 percent to close at 9,191.74.

The Japanese benchmark Nikkei 225 gained 384 points or 1.15 percent to end trading at 33,681.24, tracking the positive sentiment at Wall Street. The day's trading range was between 33,535 and 33,770.

Sumitomo Dainippon Pharma and Kawasaki Kisen Kaisha, both surged more than 5 percent. Softbank Group Corp, Nippon Yusen K.K as well as Mitsui O.S.K. Lines gained more than 4 percent.

J. Front Retailing declined 2.4 percent. Nippon Paper Industries and retail business Takashimaya, both slipped more than half percent.

The Hang Seng Index of the Hong Kong Stock Exchange added 284 points or 1.74 percent from the previous close to finish trading at 16,624.84. The day's trading range was between a high of 16,673.57 and a low of 16,439.26.

Korean Stock Exchange's Kospi Index added 11 points or 0.42 percent to close trading at 2,613.50. The day's trading range was between 2,590.08 and 2,613.50.

Australia's S&P/ASX200 closed trading at 7,561.20, gaining 60 points or 0.79 percent. The day's trading range was between 7,501.60 and 7,593.40.

Liontown Resources and Arcadium Lithium, both added 6.3 percent. Genesis Minerals, healthcare equipment business Healius and semiconductor business Weebit Nano, all added around 4.5 percent.

Core Lithium plunged 7.7 percent. Boss Energy declined 2.8 percent. Tabcorp Holdings, Light & Wonder as well as Insurance Australia Group declined more than 1 percent.

The NZX 50 of the New Zealand Stock Exchange added 44 points or 0.38 percent to close trading at 11,678.43 versus the previous close of 11,634.43. Trading ranged between 11,593.02 and 11,678.43.

Fonterra Shareholders Fund surged 4.8 percent, followed by healthcare business Pacific Edge that added 4.4 percent. Restaurant Brands New Zealand, Oceania Healthcare and Investore Property, all gained more than 2 percent.

Fisher & Paykel Healthcare slipped 1.4 percent, followed by Property for Industry that slipped 1.1 percent. Arvida Group, Contact Energy and Chorus, all suffered declines of less than a percent.

Wall Street had closed on a positive note on Tuesday as markets digested the better-than-expected PCE-based inflation readings. Nasdaq Composite rallied 0.54 percent to close at 15,074.57 whereas the Dow Jones Industrial Average added 0.43 percent to finish trading at 37,545.33.

Swiss Market Closes On Bright Note

The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.

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European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data

European stocks closed broadly higher on Wednesday as slightly encouraging data on private sector activity in the region aided sentiment. Bargain hunting at several counters after Tuesday's decline helped as well in pushing up prices.

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U.S. Job Openings Fall To Ten-Month Low In July

Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.

RTTNews | 6j 13min yang lalu

U.S. Factory Orders Slump Roughly In Line With Estimates In July

A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.

RTTNews | 7j 20min yang lalu

Eurozone Private Sector Growth At 1-Year High

The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.

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Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.

RTTNews | 8j 55min yang lalu

FTSE Up Nearly 0.6%; Miners Among Top Gainers

The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.

RTTNews | 9j 43min yang lalu

EURUSD	1.16569	GBPUSD	1.34403	AUDUSD	0.65396
USDJPY	148.068	USDCAD	1.3791	USDCHF	0.80352