Asia Shares Mixed After Fed Rate Rise; Korea Gains After Holiday
Thursday, 27 September 2018 10:52 WIB |
MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik
Asia shares swung between gains and losses as investors weighed the ongoing risk of a trade dispute between China and the U.S. and the Federal Reserve's decision to raise rates and flag another hike before the end of the year.
The MSCI AC Asia Pacific Index gained 0.1 percent as of 11:06 a.m. in Hong Kong. Korea's Kospi rose to a three-month high in its first trading session of the week. Hong Kong pared earlier gains after HSBC raised the city's lending rate for the first time in 12 years.
Tension between the world™s two biggest economies are showing no sign of easing, as U.S. President Donald Trump said he and Chinese President Xi Jinping might not be friends anymore, after accusing Beijing of trying to interfere in congressional elections in November. The Federal Reserve raised interest rates as expected and reaffirmed a strong economy will probably warrant further increases into 2019.
South Korea's Kospi index up 0.6%; Kospi 200 up 0.5%, Australia's S&P/ASX 200 little changed; New Zealand's S&P/NZX 50 down 0.5%.
Singapore's Straits Times Index up 0.6%; Malaysia's KLCI little changed; Philippine Stock Exchange down 0.4%; Indonesia's JCI up 0.8%; Vietnam's VN-Index up 0.4%.
Saturday, 21 September 2019 03:33 WIB
Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy.
The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67.
The benchmark Shanghai Composite Index gained 0.24 percent, or 7.17 poin...
Saturday, 21 September 2019 03:27 WIB
Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks.
The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the S&P 500 lost 15.08 points, or 0.50%, to 2,991.71 a...
Friday, 20 September 2019 23:51 WIB
European shares were set for their fifth straight week of gains on Friday, led by defensive and retail stocks, but gains were limited as investors remained cautious about a wider economic slowdown and progress in U.S.-China trade talks.
A 1.08% increase in the retail sector helped lift the pan-Euro...
Friday, 20 September 2019 23:38 WIB
U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high.
China cut its new one-year benchmark lending rate for the second month in a row, days after the Federal...
Friday, 20 September 2019 20:45 WIB
U.S. stocks opened higher on Friday, pushing key equity benchmarks closer to all-time highs, as investors keyed into encouraging signs on U.S.-China trade talks.
The S&P 500 was up 0.2% to trade at 3,012. The Dow Jones Industrial Average advanced 59 points, or 0.2% , to 27,152. The Nasdaq Compo...