08292016Mon
Last update: Mon, 29 Aug 2016 06am

Markets - Equity

Markets - Equity - Europe

European stocks retreat; Tokyo higher LONDON: European stock markets slid on Friday as traders booked profits in the absence of key data heading into the weekend pause, analysts said.Tokyo's main stocks index however managed to rise as a yen rally petered out, supporting the profitability of exporters such as automakers Toyota and Honda. Around 0930 GMT, London's benchmark FTSE 100 index was down 0.1 percent compared with the close on Thursday. In the eurozone, Frankfurt's DAX 30 shed 0.7 percent and the Paris CAC 40 lost 0.9 percent."In light of an almost empty economic calendar today more of the same trading pattern appears likely... with the occasional round of profit-taking," said City of London Markets trader Markus Huber.US and European markets had edged higher Thursday, with help from a dovish outlook for US interest rates, higher crude prices and some healthy post-Brexit data in Britain, traders said.The oil price continued its upward trend Friday, with ...


Markets - Equity - Europe

European stocks steady at open LONDON: European stock markets were flat at the open on Friday following modest gains in Tokyo and on Wall Street.London's benchmark FTSE 100 dipped just a few points to begin at 6,866.23 compared with Thursday's close.In the eurozone, the Paris CAC 40 was virtually unchanged at 4,436.09 points and Frankfurt's DAX 30 gained 0.1 percent to 10,613.23.Copyright AFP (Agence France-Presse), 2016

Markets - Equity - Asia

Hong Kong stocks down by close in lacklustre trading HONG KONG: Hong Kong stocks fell by the close amid lacklustre trading in Asian markets, while Shanghai was slightly up but gains were capped as investors awaited the announcement of more corporate earnings.The Hang Seng Index dropped 0.17 percent, or 39.02 points, to 22,984.14.The benchmark Shanghai Composite Index rose 0.13 percent, or 3.99 points, to 3,108.10, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.12 percent, or 2.48 points, to ...

Markets - Equity - Australia

Miners lift Australian bourse at the close, NZ ticks higher SYDNEY: Australian shares gained 0.3 percent on Friday, led higher by mining stocks, while telcos helped take the New Zealand bourse higher. The Australian S&P/ASX 200 index rose 18.88 points to 5,526.70 at the close of trade. The benchmark was 0.1 percent lower for the week.New Zealand's benchmark S&P/NZX 50 index rose 0.27 percent or 20.13 points to finish the session at 7,405.25, up 0.6 percent for the week.Copyright Reuters, 2016

Markets - Equity - Asia

Tokyo stocks end higher on weaker yen, stronger oil TOKYO: Tokyo stocks closed higher Friday, ending the week on a positive note as a weaker yen and a rally in oil prices lifted investor sentiment.The benchmark Nikkei 225 index climbed 0.36 percent, or 59.81 points, to end at 16,545.82, while the broader Topix index of all first-section shares rose 0.38 percent, or 4.88 points, to 1,295.67.Copyright AFP (Agence France-Presse), 2016

Markets - Equity - Asia

Tokyo stocks flat by break as rally fizzles TOKYO: Tokyo stocks lost early gains to end the morning session barely changed in thin trade on Friday as Japan's week-long Obon holiday draws to a close.The benchmark Nikkei 225 index moved into positive territory at the start of trading with petroleum-linked shares rising on higher oil prices.But by the break the morning rally had run out of steam, with the Nikkei edging down 0.07 percent, or 11.34 points, to 16,474.67.The broader Topix index of ...

Markets - Equity - Europe

Global stocks diverge on Fed, post-Brexit data LONDON: US and European markets edged higher Thursday, with help from a dovish outlook for US interest rates, higher crude prices and some healthy post-Brexit data in Britain.But Tokyo shares tumbled on the stronger yen.Wall Street shares closed modestly higher, with the S&P 500 adding 0.2 percent, a day after minutes from the Federal Reserve's July meeting suggested the central bank was not yet ready to go ahead with a rate hike soon."The action of ...