06302016Thu
Last update: Thu, 30 Jun 2016 12am

Markets - Equity

Markets - Equity - Asia

Tokyo shares rebound from Brexit rout TOKYO: Tokyo stocks jumped more than two percent Monday, rebounding from a rout that wiped more than $2 trillion off global financial markets in response to Britain's shock vote to quit the European Union.The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 2.39 percent, or 357.19 points, to close at 15,309.21, while the broader Topix index of all first-section shares gained 1.77 percent, or 21.28 points, to 1,225.76.Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Asia

Pound sinks, most stocks extend losses on British EU exit HONG KONG: The pound sank Monday to 30-year lows while most stock markets tumbled following Britain's decision to leave the European Union, with traders fearing it will lead to months of uncertainty.Sterling plunged two percent in early exchanges as dealers rushed into assets considered safe, such as the yen and gold, although Japan's Nikkei stock index rallied after suffering a battering on Friday.The surprise decision wiped $2.1 trillion off market valuations Friday and sent the ...

Markets - Equity - Asia

Taiwan stocks fall on Brexit uncertainty; China Airlines down after strike ends TAIPEI: Taiwan stocks fell on Monday on continued nervousness over how Britain's vote to leave the E.U., or Brexit, would play out for global demand.The trade-reliant economy has remained weak and the added uncertainty of Brexit's impact on global markets and how it trickles down to end demand is where the concerns for Taiwan are focused.Brexit's immediate impact on the local bourse however should be limited as the island's trade and financial exposure to the ...

Markets - Equity - Asia

Nikkei rebounds as government ramps up intervention rhetoric after Brexit TOKYO: Japan's Nikkei share average rebounded on Monday as government officials stepped up warnings that they may intervene in currency markets to stabilise the yen after Britain voted to leave the European Union.The Nikkei rose 1.6 percent to 15,189.21 in midmorning trade, after diving 7.9 percent on Friday in the wake of Britain's historic decision.Prime Minister Shinzo Abe said on Monday he has instructed Finance Minister Taro Aso to watch currency markets "ever more closely" ...

Markets - Equity - Australia

Australia, NZ shares steady but Brexit aftershock dampens sentiment SYDNEY/WELLINGTON: Australian shares were struggling to stabilise on Monday as Britain's shock vote to exit the European Union continued to reverberate across global markets, with the financial sector suffering the most.The S&P/ASX 200 index did manage to edge up 0.3 percent by 0228 GMT, though that follows a 3 percent drop on Friday. The benchmark was 14 points firmer at 5,127.7."Once there is more certainty on how the UK will leave the EU and how ...

Markets - Equity - Asia

Sterling, Asian stocks struggle with Brexit hangover TOKYO/SINGAPORE: Asian stocks fell and the British pound tumbled more than 2 percent on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union.Sentiment remained weak even though the worst of the turmoil seen on Friday, when global stock markets suffered their biggest decline in nearly five years, had eased."Things are so uncertain that investors still do not have a clear idea how much risk assets they ...

Markets - Equity - Asia

China stocks rebound, shrug off Brexit; Hong Kong down again SHANGHAI: China stocks rebounded on Monday morning, led by small-caps, as investors in them shrugged off Britain's decision to leave the European Union.But Hong Kong shares, which are more vulnerable to global market swings, continued to slide following Friday's tumble, though the kind of panic sparked initially by the Brexit vote has eased.On Friday, China indexes had a small fall. After a weak opening on Monday, the China market quickly moved into positive territory.By the ...