Markets - Equity
Friday, 17 May 2013 12:09
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HONG KONG: China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday.The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent, while the Shanghai Composite Index closed up 1.4 percent at 2,282.9. This week, they rose 2 and 1.6 percent, respectively.Copyright Reuters, 2013
LONDON: Britain's top share index fell on Friday, easing back further off 5-1/2-year highs, with investors cautious after US central bank officials said the Federal Reserve could begin easing up its monetary stimulus this summer.The FTSE 100 was down 3.35 points, or 0.1 percent, at 6,684.45 by 0702 GMT, having slipped 0.1 percent on Thursday - to snap a 10 session winning streak - when weak data on the US labour and housing markets dented ...
TOKYO: Tokyo stocks advanced 0.67 percent Friday, recovering from earlier losses, on growing expectations of Japan's economic recovery on the back of its government's economic measures.The benchmark Nikkei 225 index on the Tokyo Stock Exchange closed up 100.88 points to 15,138.12, while the Topix index of all first-section shares rose 0.64 percent, or 8.01 points, to 1,253.24.Copyright AFP (Agence France-Presse), 2013 
SHANGHAI: Chinese shares were flat in early trading on Friday, dealers said.The benchmark Shanghai Composite Index edged up 0.07 percent, or 1.62 points, to 2,253.43.Copyright AFP (Agence France-Presse), 2013 
HONG KONG: Asian shares were mixed on Friday after US stocks dipped on weaker-than-expected economic data following recent record-breaking gains.The dollar gained slightly in Asia as investors cautiously adjusted their positions following the unit's recent surge with brokers saying plenty of players, including importers, were willing to buy on dips.Tokyo stocks lost 0.12 percent by the break, Shanghai gained 0.12 percent while Sydney rose 0.45 percent.Hong Kong and Seoul were closed for public holidays.Japanese shares ...
NEW YORK: US stocks Thursday took a pause from a recent winning streak, selling off after a disappointing earnings report from Walmart and some middling economic data.The Dow Jones Industrial Average dropped 42.47 (0.28 percent) to 15,233.22.The broad-based S&P 500 fell 8.31 (0.50 percent) to 1,650.47, while the Nasdaq Composite Index slipped 6.37 (0.18 percent) to 3,465.24. Both the Dow and the S&P 500 closed at record levels Wednesday.Thursday's losses came after retail giant Walmart ...
LONDON: European shares ended a touch lower on Thursday, pegged back by downbeat earnings news and US data, although some analysts expect the market to resume its grind higher.The FTSEurofirst 300 closed down 0.21 point at 1,245.45, with heavyweight Swiss insurer Zurich off 3.3 percent after a 7 percent drop in first-quarter net profit.Concerns about the global economy were heightened by weak data on the US labour and housing markets.Even so, confidence remains high in ...More Articles...
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