China Stocks Near Three-Month Low as Huawei Ban Adds to Nerves
Monday, 20 May 2019 11:45 WIB |
MARKET UPDATE |Saham China
China™s stocks traded near their lowest since February before bouncing back, showing the growing uncertainty over whether the country™s $1.2 trillion rout is over.
The Shanghai Composite Index slipped 0.4% at 11:10 a.m. local time, after earlier losing as much as 1.5%. The gauge is now among the world™s worst performing national benchmarks this quarter, after beating every other market earlier in the year. Volume on the index was about 20% lower than the 30-day average at this time of day, a sign that traders are reluctant to jump back into the market, data compiled by Bloomberg showed.
Optimism that China would soon rescue its tumbling markets is fading after stocks sank for a fourth week. Investors Monday reacted to news that some top U.S. companies have stopped supplying critical software and components to China™s Huawei Technologies Co., a sign that relations with the U.S. aren™t improving. The country™s central bank warned late Friday that the escalating trade war could destabilize the global economy.
Tuesday, 22 October 2019 04:04 WIB
Hong Kong stocks ended slightly up Monday, boosted by upbeat comments by China's top negotiator on progress in trade talks with the United States.
The Hang Seng Index rose 0.08 percent, or 20.66 points, to 26,740.24.
The benchmark Shanghai Composite Index finished 0.05 percent higher, or 1.48 poin...
Tuesday, 22 October 2019 04:00 WIB
U.S. stock benchmarks closed higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing capped gains for the blue-chip Dow Jones Industrial Average.
The Dow ended the day 57.44 points, or 0.2%, higher at 26,827.64.
Boeing Co.™s s...
Monday, 21 October 2019 23:24 WIB
U.S. stock benchmarks edged higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing was capping gains in the blue-chip Dow index.
The Dow Jones Industrial Average edged 20 points, or less than 0.1%, higher at 26,790.
Monday, 21 October 2019 23:20 WIB
European stocks closed higher on Monday, despite fresh uncertainty as U.K. leader Boris Johnson was denied a parliamentary vote on his Brexit deal.
The pan-European Stoxx 600 traded 0.7% above the flatline in the afternoon, with basic resources and banks surging 2% while healthcare stocks struggled...
Monday, 21 October 2019 21:02 WIB
U.S. stocks rose at the start of trade Monday after China's top trade negotiator, Vice Premier Liu He said over the weekend that the U.S. and China had made "substantial progress" toward a so-called "phase-one" trade deal that investors hope will remove the threat of higher U.S. tariffs on Chinese i...