Nikkei Tumbles to 6-Week Low on Italian Crisis; BOJ's ETF Buying Expected
Wednesday, 30 May 2018 10:24 WIB |
MARKET UPDATE |Nikkei 225Saham JepangIndeksTopix
Japan™s Nikkei share average tumbled to six-week lows on Wednesday morning after political turmoil in Italy sparked concerns about the stability of the euro zone, hurting most sectors on the board.
Traders said they expected the Bank of Japan to buy exchange-traded funds to support the market amid the morning weakness. The BOJ had bought ETFs for five straight sessions up until Tuesday as part of its wider policy of supporting asset prices in the economy.
The Nikkei dropped 1.4 percent to 22,043.53 in midmorning trade while after falling to a six-week low of 21,931.65. The broader Topix dropped 1.6 percent to 1,734.08. The Nikkei managed to stay above its 75-day moving average of 21,920.77, which has become the index™s immediate support level.
Source : Reuters
Thursday, 19 September 2019 08:58 WIB
Hong Kong stocks edged up in early trade Thursday, in line with an Asia-wide advance, after the Federal Reserve cut interest rates again.
The Hang Seng Index rose 0.25 percent, or 66.61 points, to 26,820.73.
The benchmark Shanghai Composite Index added 0.24 percent, or 7.26 points, to 2,992.92 and...
Thursday, 19 September 2019 07:39 WIB
Tokyo stocks opened higher on Thursday helped by a cheaper yen against the dollar after the US Federal Reserve announced a rate cut.
The benchmark Nikkei 225 index was up 0.85 percent or 186.71 points at 22,147.42, while the broader Topix index was up 0.78 percent or 12.59 points at 1,619.21.
Thursday, 19 September 2019 03:32 WIB
Hong Kong stocks finished Wednesday with losses, extending a sell-off to a third day as traders fret over the impact of protests on the city, while they are awaiting a key Federal Reserve policy decision later in the day.
The Hang Seng Index eased 0.13 percent, or 36.12 points, to 26,754.12.
Thursday, 19 September 2019 03:22 WIB
The benchmark S&P 500 index ended almost flat on Wednesday as Federal Reserve policymakers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move.
The Dow Jones Industrial Average rose 36.35 points, or 0.13%, to 27,147....
Wednesday, 18 September 2019 23:57 WIB
European shares steadied after early declines on Wednesday, as technology shares helped offset losses in luxury goods, while many investors remained on the sidelines ahead of an expected reduction in U.S. borrowing costs by the Federal Reserve.
Apple Inc™s component suppliers AMS, STMicro and Inf...