Markets - Equity
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LONDON: Britain's benchmark share index steadied around a key technical level on Monday, with weakness in miners partly offset by demand for healthcare and travel shares cheapened by a recent sell-off.Industrial metals and miners were hit by a run of softer-than-expected Chinese data at the weekend which raised the prospect of lower second-quarter economic growth in the world's top metals consumer.The Chinese numbers capped upward momentum from late last week, when weaker US jobs data calmed investor concerns about a possible early easing of central bank stimulus, credited as a key driver of global equity market gains over the past year.The FTSE 100 was steady at 6,409.05 at 1051 GMT. "We were expecting quite a strong start to the week, but we have been pegged back by some not-great data from China," said Jonathan Roy, dealer at London Stone Securities."We are just being quite stock specific. We like the look ...
HONG KONG: Asian markets rose Monday, with the greenback also climbing, after a report showing modest gains in US job creation eased concerns the Federal Reserve will soon start to roll back its huge monetary easing scheme.However, buying sentiment was tempered by more relatively weak trade data out of China that adds to concerns of a slowdown in the world's number two economy.Tokyo rallied 4.94 percent, surging 636.67 points to 13,514.20 as the dollar clawed ...
HONG KONG: Hong Kong stocks closed 0.18 percent higher on Monday after a rally on Wall Street, although gains were capped by weak Chinese trade figures.The benchmark Hang Seng Index rose 39.83 points to 21,615.09 on turnover of HK$49.75 billion (US$6.42 billion).Shanghai was closed for a public holiday.Copyright AFP (Agence France-Presse), 2013 
HONG KONG: Asian markets rose Monday, with the greenback also climbing, after a report showing modest gains in US job creation eased concerns the Federal Reserve will soon start to roll back its huge monetary easing scheme.However, buying sentiment was tempered by more relatively weak trade data out of China that adds to concerns of a slowdown in the world's number two economy.Tokyo rallied 4.94 percent, surging 636.67 points to 13,514.20 as the dollar clawed ...
TOKYO: Tokyo stocks surged 4.94 percent Monday on the back of a weaker yen and better-than-expected US jobs data.The benchmark Nikkei 225 index, which lost 6.51 percent last week, closed up 636.67 points to 13,514.20, while the Topix index of all first-section issues soared 5.21 percent, or 55.02 points, to 1,111.97.Tokyo's rally was helped by a sharply weakened yen after the US Labor Department said the economy added 175,000 jobs in May.The figure was better ...
SAO PAULO: Brazilian stocks fell to an almost 20-month low on Friday after Standard & Poor's warned investors on the country's deteriorating fiscal fundamentals and slow economic growth.Standard & Poor's revised its outlook on long-term ratings for Brazil's sovereign debt to negative from stable on Thursday, giving equity investors pause.A weak domestic economy and persistent inflation pressure has soured many foreign investors on local equities in recent months, reflected in a more than 15 percent ...More Articles...
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