Tuesday, 2 June 2020 09:21 WIB
Hong Kong stocks opened slightly higher Tuesday morning, extending the previous day's rally as investors took their lead from gains on Wall Street with buying buoyed by the easing of lockdowns around the world.
The Hang Seng Index added 0.25 per cent, or 59.72 points, to 23,792.24.
China's benchmark Shanghai Composite Index was flat, inching up 0.89 points, to 2,916.32, while the Shenzhen...
Monday, 1 June 2020 21:32 WIB
The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5.
This reading came in slightly worse than the market expectation of 43.6.
Further details of the publication showed that the Employment Index rose to 32.1 from 27.5 and the New Orders Index edged...
Tuesday, 2 June 2020 09:01 WIB
Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.
Brent crude futures rose 0.3%, or 12 cents, to $38.44 a barrel as of 0011 GMT.
U.S. West Texas Intermediate (WTI) crude futures traded in a 38 cent range on either side of Monday™s close, and last...