01202017Fri
Last update: Fri, 20 Jan 2017 10pm

Asia

Markets - Equity - Asia

Sri Lankan shares hit more than 8 month closing low; turnover slumps COLOMBO: Sri Lankan shares closed at their weakest in more than eight months in typical year-end holiday-thinned trading on Tuesday, with turnover slumping to a near 33-month low as investors stayed away. The Colombo stock index ended 0.22 percent lower at 6,202.83, its lowest close since April 6. It has shed around 2.1 percent in the 10 sessions through Tuesday.Turnover stood near its lowest since March 17, 2014, at 111.2 million rupees ($745,308), around a seventh of this year's daily average of 735.4 million rupees. "Most of the investors and brokers are on holiday. We may see little price adjustments in shares, but the trading volume will be very low," said Hussain Gani, deputy CEO at Softlogic Stockbrokers. Foreign investors sold a net 10.2 million rupees worth shares on Tuesday, but they have been net buyers of 611.3 million rupees worth equities as of Tuesday this year. Top conglomerate John ...

Markets - Equity - Asia

Tokyo shares up at break TOKYO: Tokyo stocks ended Tuesday morning in positive territory, supported by dip-buying of selected shares, as global investors gradually return to the market after the holiday break.The yen's slide to 117.38 to the dollar, from 117.14 late Monday in Tokyo, also helped encourage investors to look for bargains.Trading, however, remained quiet with markets in Australia, New Zealand and Hong Kong remaining closed on Tuesday, while players in the United States and in many European bourses ...

Markets - Equity - Asia

Tokyo, Shanghai lower in quiet holiday trade TOKYO: Stocks in Tokyo and Shanghai lost ground Monday in quiet trading with most of the region's other key markets closed for public holidays.Both Japan and China declined as investors cashed in on a recent global rally fuelled largely by expectations for the incoming administration of US President-elect Donald Trump.Incentives were few and the Dow Jones Industrial Average, which on Friday again fell short of 20,000 points in light trade ahead of the holiday weekend, ...

Markets - Equity - Asia

Chinese stocks down by lunch SHANGHAI: Chinese stocks fell Monday morning, driven by a decline in commodity shares, dealers said.The benchmark Shanghai Composite Index dipped 0.78 percent, or 24.33 points, to 3,085.82.The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.82 percent, or 16.12 points, to 1,954.94.Copyright AFP (Agence France-Press), 2016 ...

Markets - Equity - Asia

Hong Kong stocks down by break HONG KONG: Hong Kong stocks ended the morning session lower on Friday following losses on Wall Street, as traders wind down ahead of Christmas.The Hang Seng Index shed 0.53 percent, or 114.45 points, to 21,521.75 by the break. And the benchmark Shanghai Composite Index lost 0.61 percent, or 19.11 points, to 3,120.45, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.70 percent, or 13.86 points, to 1,979.51.Copyright AFP (Agence France-Press), ...

Markets - Equity - Asia

Tokyo stocks close down ahead of holiday weekend TOKYO: Tokyo stocks closed lower Thursday, tracking losses on Wall Street ahead of a long, holiday weekend and as investors took profits after the market hit a 12-month high this week.The Dow sank for just the fourth time this month on Wednesday -- having hit records on several days and heading towards the key 20,000 mark -- with financial stocks rattled by concerns over Italy's troubled banking sector."With foreign investors on their Christmas holidays, the ...

Markets - Equity - Asia

Hong Kong stocks end lower, enter correction phase HONG KONG: Hong Kong stocks sank Thursday -- entering into a correction phase -- dragged by a sell-off in property firms and as investors tracked losses on Wall Street.The Hang Seng Index dropped 0.80 percent, or 173.60 points, to close at 21,636.20 -- more than 10 percent down from their recent high seen on September 9.The benchmark Shanghai Composite Index edged up 0.07 percent, or 2.13 points, to 3,139.56 but the Shenzhen Composite Index, which ...