Asia markets recover from earlier lows after report that Trump may announce Huawei concessions
Thursday, 10 October 2019 10:05 WIB | MARKET UPDATE |Saham AsiaIndeks MSCI Asia Pasific

Asia stocks pared earlier losses in Thursday morning trade as investors watched for developments on the U.S.-China trade front ahead of high-level negotiations between the two economic powerhouses.

Mainland Chinese stocks edged up in morning trade, with the Shanghai composite up around 0.3% and the Shenzhen component gaining 0.48%. The Shenzhen composite also advanced 0.563%.

The New York Times reported Wednesday evening stateside that U.S. President Donald Trump™s administration is set to grant licenses that would allow American firms to sell nonsensitive supplies to Huawei. Earlier this year, the White House banned sales to the Chinese telecommunications giant, citing national security concerns. The ban was subsequently delayed by the administration to allow American firms to make other arrangements.

Meanwhile, Hong Kong™s Hang Seng index was 0.14% higher.

Elsewhere, the Nikkei 225 in Japan rose 0.39%. The Topix index, however, traded fractionally lower. Core machinery orders in the country fell for the second consecutive month in August, according to Cabinet Office data on Thursday.

In South Korea, the Kospi shed 0.74%. Australia™s S&P/ASX 200 rose 0.11%.

Overall, the MSCI Asia ex-Japan index traded 0.15% higher.

Markets in Taiwan are closed on Thursday for a holiday.

Source: CNBC

RELATED NEWS

Nikkei Rallies to Fresh 3-Month High; Weaker Yen Lifts Auto Shares
Wednesday, 3 June 2020 11:22 WIB

Japan™s stock benchmark Nikkei advanced to a new three-month high on Wednesday as a rapidly weakening yen and investor fear of missing out a rally boosted automakers and other cyclical sectors. The Nikkei average gained 1.2% to 22,581.74 by the midday break, after touching its fresh intraday high...

Hong Kong Shares Open on a High
Wednesday, 3 June 2020 09:07 WIB

Hong Kong stocks rallied more than one percent at the start of trade Wednesday as markets around the world continue to take heart from countries moving to reopen their economies. The Hang Seng Index jumped 1.28 percent, or 307.62 points, to 24,303.56. China's benchmark Shanghai Composite Index gai...

Japan Jumps 2% as Optimism Over Reopening Economies Buoys Investor Sentiment in Asia
Wednesday, 3 June 2020 07:28 WIB

Stocks in Asia jumped in Wednesday morning trade, with optimism over the reopening of economies as authorities ease coronavirus-induced lockdown measures continuing to keep investor sentiment afloat. Japan™s Nikkei 225 led gains among the region™s major markets, jumping 2.05% in early trade as ...

Hong Kong Shares Extend Rally (Review)
Wednesday, 3 June 2020 03:21 WIB

Hong Kong shares enjoyed more healthy gains Tuesday, building on the previous day's more than three percent surge, as the easing of lockdowns trumped worries about China-US tensions. The Hang Seng Index climbed 1.11 percent, or 263.42 points, to 23,995.94. The benchmark Shanghai Composite Index ro...

Wall Street closes up on signs of economic rebound
Wednesday, 3 June 2020 03:17 WIB

Wall Street posted gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to focus instead on easing lockdown restrictions and signs of economic recovery. Tech shares, along with cyclical stocks like industrials and financials, gave the biggest lift to all...

ANOTHER NEWS
EUR/USD tops 1.12 amid risk-on mood, ahead of data
Wednesday, 3 June 2020 13:51 WIB EUR/USD is trading around 1.12, the highest since March. The safe-haven dollar is weakening amid optimism for reopening and stimulus, shrugging off civil unrest. Services PMIs from both sides of the pond and ADP's jobs report are both eyed. A...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.