Hong Kong Stocks Soar on Trade Deal Reports (Review)

Saturday, 14 December 2019 04:24 WIB

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to 1,660.55. Source : AFP

Read more

RECENT NEWS

Hong Kong stocks rose for a sixth-straight day on Friday, topping off a strong week as investors are cheered by a dovish Federal Reserve and hopes for China-US trade talks. The Hang Seng Index climbed 0.55 percent, or 145.84 points, to end at 26,667.27. It has risen more than six percent during its winning run. The benchmark Shanghai Composite Index gained 0.74 percent, or 18.73 points, to...

Its been a while since Asia equity bulls had a really good week, and it looks like they are getting one now. The MSCI Asia Pacific Index gained more than 4 percent this week -- $680 billion in value -- making it the best climb since Nov. 2, despite plenty of opportunities for equities to fall flat. Of course, for the skeptics out there, its worth mentioning that this revitalized optimism...

Chinese stocks rose on Friday, with the benchmark Shanghai Composite Index and Shenzhen Component Index closed on the black. The Shanghai Composite Index rose 0.7 percent at 2,553.83 in Shanghai. The index advanced to the highest closing level since Dec. 18 after the previous session's decrease of 0.4 percent. Kweichow Moutai Co. contributed the most to the index gain, increasing 2.8 percent....

Japan's Topix index climbed, capping its best week since September, after the latest remarks from U.S. Federal Reserve officials spurred speculation that the central bank will tighten policy slower than expected. Topix rose 0.5% to 1,529.73 at the close in Tokyo and Nikkei 225 added 1% to 20,359.70. Yen strengthened 0.1% at 108.37 against the dollar; still down more than 3% from peak in...

Nikkei gains on strong Wall Street

Friday, 11 January 2019 10:13 WIB

Japanese stocks rallied on Friday tracking a strong U.S. shares, offsetting weakness in convenience stores which reported dismal quarterly earnings on the previous day. The Nikkei share average rose 0.7 percent to 20,306.16 at the midday break. For the week, it has added 3.7 percent. The Nikkei has recovered the psychologically important line of 20,000 on hopes of a U.S.-Chinese trade deal,...

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.