Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the coronavirus outbreak. The Hang Seng index closed up 0.5% at 27,959.60, after touching its highest level since Jan. 22. The Hang Seng China Enterprises index gained 0.9%. The sub-index of the Hang Seng tracking energy shares rose 0.1%, the IT sector gained 0.7%, the financial sector ended 0.4% higher and the property sector edged up 0.2%. Source : Reuters

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China stocks ended higher on Monday, reversing all of their early plunge triggered by the coronavirus outbreak, as policymakers ramped up support for the economy and companies that have been hit by a slump in sales and activity. At the close, the Shanghai Composite index was up 2.3% at 2,983.62, marking its largest daily percentage gain since last June. The blue-chip CSI300 index also rose...

European stocks advanced Monday morning, remaining just below record highs, after Chinas central bank cut interest rates in a bid to aid its economy amid the coronavirus outbreak. The pan-European Stoxx 600 added 0.3% at the opening bell at 431.70, autos climbing 1.5% to lead gains as all sectors and major bourses entered positive territory. The Peoples Bank of China (PBoC) announced on...

Tokyo stocks closed lower Monday on worries over the spread of the new coronavirus in the country and the economy's worst quarterly contraction in more than five years. The benchmark Nikkei 225 index slipped 0.69 percent, or 164.35 points, to end at 23,523.24, while the broader Topix index was down 0.89 percent, or 15.10 points, to 1,687.77. Source : AFP

Hong Kong stocks opened lower on Monday as the death toll from China's new coronavirus jumped and concerns deepened over the potential economic fallout from the epidemic. The Hang Seng Index fell 0.18 percent, or 48.89 points, to 27,766.71 in early trade. Mainland China's benchmark Shanghai Composite Index opened 0.27 percent higher, or 7.98 points, at 2,924.99. The Shenzhen Composite Index,...

Asian shares stepped back from three-week highs on Monday as investors weighed the near-term hit on global growth from a fast-spreading coronavirus outbreak in China, although expectations of further policy stimulus helped stem losses. Trading is expected to be light as U.S. stocks and bond markets will be shut on Monday for a public holiday. MSCIs broadest index of Asia-Pacific shares...

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