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Malaysia Stock Market May Extend Losing Streak
The Malaysia stock market has finished lower in four straight sessions, sinking almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index new rests just beneath the 1,490-point plateau and it's looking at another soft start again on Wednesday.
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994 gün önce
South Korea Has $1.09 Billion Current Account Surplus
South Korea had a current account surplus of $1.09 billion in July, the Bank of Korea said on Wednesday - down from $5.61 billion in June.
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994 gün önce
South Korea Current Account Surplus Shrinks To $1.09 Billion
The current account balance in South Korea came in at a $1.09 billion surplus in July, the Bank of Korea said on Wednesday - down from $5.61 billion in June.
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994 gün önce
South Korea Stock Market May Hand Back Tuesday's Gains
The South Korea stock market on Tuesday halted the three-day losing streak in which it had dropped almost 70 points or 2.9 percent. The KOSPI now rests just above the 2,410-point plateau although it may head south again on Wednesday.
The global forecast for the Asian markets is mixed to lower on inflation and interest rate concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
The KOSPI finished modestly higher on Tuesday following gains from the chemical companies and automobile producers, while the financials and technology stocks were mixed.
For the day, the index added 6.34 points or 0.26 percent to finish at 2,410.02 after trading between 2,399.26 and 2,422.53. Volume was 283.43 million shares worth 5.34 trillion won. There were 606 gainers and 249 decliners.
Among the actives, Shinhan Financial fell 0.29 percent, while KB Financial collected 0.10 percent, Hana Financial dipped 0.26 percent, Samsung SDI skidded 1.06 percent, LG Electronics lost 0.41 percent, SK Hynix improved 0.77 percent, Naver slipped 0.42 percent, LG Chem gained 0.49 percent, Lotte Chem soared 2.35 percent, SK Innovations advanced 0.81 percent, SK Telecom retreated 1.54 percent, KEPCO rose 0.25 percent, Hyundai Mobis climbed 1.17 percent, Hyundai Motor gathered 0.50 percent, Kia Corporation added 0.49 percent and Samsung Electronics, POSCO and S-Oil were unchanged.
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994 gün önce
Australia GDP Data Due On Wednesday
Australia will on Wednesday release Q2 figures for gross domestic product, headlining a busy day for Asia-Pacific economic activity. GDP is expected to expand 1.0 percent on quarter and 3.5 percent on year, accelerating from 0.8 percent on quarter and 3.3 percent on year in the three months prior.
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995 gün önce
TSX Retreats After Positive Start, Ends Notably Lower
Canadian stocks fell swiftly after a positive start Tuesday morning, and then spent the rest of the day's session in the red to finally settle notably lower.
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995 gün önce
Dollar Rises Against Major Counterparts On Strong Service Sector Data
The U.S. dollar climbed higher on Tuesday, buoyed by data showing a slightly faster pace of growth of the nation's service sector in the month of August.
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995 gün önce
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Swiss Market Ends Slightly Higher
Despite suffering a mild setback in the final hour, the Switzerland stock market ended on a slightly positive note on Tuesday.
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995 gün önce
Major European Markets Close Higher After Cautious Session
The major European markets closed slightly higher on Tuesday with investors largely making cautious moves. China's pledge to make renewed efforts to boost its Covid-hit economy helped underpin sentiment.
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995 gün önce
Canadian Market Slips After Positive Start, Modestly Lower At Noon
After opening on a positive note, the Canadian market retreated Tuesday morning, and is down in the red a little past noon, weighed down by losses in energy and healthcare sections.
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995 gün önce
U.S. Services Index Unexpectedly Indicates Slightly Faster Growth In August
Service sector activity in the U.S. unexpectedly grew at a slightly faster rate in the month of August, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its services PMI inched up to 56.9 in August from 56.7 in July, with a reading above 50 indicating growth in the sector.
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995 gün önce
Pound Advances As PM Liz Truss Finalizes Energy Support Package
The pound climbed against its most major counterparts in the European session on Tuesday, as U.K. Prime Minister Liz Truss is considering a support package worth 40 billion pounds in order to help businesses to lower their energy bills.
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995 gün önce
Adial Pharma Says Purnovate's PNV-6005 Reports Positive Data In Treating Ulcerative Colitis
Adial Pharmaceuticals, Inc. (ADIL) announced Tuesday that Purnovate, Inc., a subsidiary of Adial, achieved positive in-vivo data from its study with mice treated with Purnovate's PNV-6005 as a potential treatment for inflammatory bowel diseases.
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995 gün önce
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