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Asia

Markets - Equity - Asia

Tokyo stocks end morning session lower TOKYO: Tokyo stocks retreated Thursday, having hit a 12-month high this week, while traders tracked losses on Wall Street ahead of a long, holiday weekend.The Dow sank for just the fourth time this month on profit-taking Wednesday after hitting 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 market will be devoid of buyers," said Mitsushige Akino, an executive officer at Ichiyoshi Investment Management Co."The downside will remain supported by dip buying by those who didn't get a chance to ride the recent rally," he told Bloomberg News.Tokyo's benchmark Nikkei 225 index fell 0.16 percent, or 31.05 points, to 19,413.44 by the break, while the broader Topix index of all first-section issues was down 0.20 percent, or 3.14 points, at 1,541.80.The index has been on a rally since Donald Trump ...

Markets - Equity - Asia

Hong Kong stocks sharply down by break HONG KONG: Hong Kong stocks ended the morning session sharply lower Thursday following losses on Wall Street, with financials hit by worries over Italy's struggling banking sector.The Hang Seng Index shed 0.85 percent, or 184.55 points, to 21,625.25 by the break. And the benchmark Shanghai Composite Index slipped 0.18 percent, or 5.67 points, to 3,131.76 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dipped 0.32 percent, or 6.35 points, to 1,989.68.Copyright ...

Markets - Equity - Asia

Hong Kong stocks sharply down by break HONG KONG: Hong Kong stocks ended the morning session sharply lower Thursday following losses on Wall Street, with financials hit by worries over Italy's struggling banking sector.The Hang Seng Index shed 0.85 percent, or 184.55 points, to 21,625.25 by the break. And the benchmark Shanghai Composite Index slipped 0.18 percent, or 5.67 points, to 3,131.76 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dipped 0.32 percent, or 6.35 points, to 1,989.68.Copyright ...

Markets - Equity - Asia

Sri Lankan shares hit more than 8 month closing low led by heavyweights COLOMBO: Sri Lankan shares closed at their lowest in more than eight months in thin trade on Wednesday ahead of the Christmas weekend, falling for a seventh straight session led by blue chips and large caps, stockbrokers said. The Colombo stock index ended 0.12 percent weaker at 6,227.34, its lowest close since April 6. The bourse has fallen 1.7 percent in seven straight sessions through Wednesday. "This is a typical year-end market. We expect the ...

Markets - Equity - Asia

Hong Kong stocks end up after four straight losses HONG KONG: Hong Kong stocks staged a slight recovery Wednesday after falling in the four previous days while traders also tracked another record close on Wall Street.The Hang Seng Index added 0.37 percent, or 80.74 points, to 21,809.80 by the break. The benchmark Shanghai Composite Index rallied 1.11 percent, or 34.55 points, to 3,137.43 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.74 percent, or 14.71 points, to 1,996.03.Copyright AFP ...

Markets - Equity - Asia

Most Asian markets pick up US baton, resume rally HONG KONG: Most Asian markets turned higher Wednesday as investors tracked another record on Wall Street and refocused on the global economy after two deadly attacks.The Berlin Christmas market horror and shooting of Russia's Turkish ambassador fanned concerns that fresh geopolitical woes could upend a rally in world assets triggered by Donald Trump's election as US president.But the fear did not filter through to Europe and New York, where the Dow got within striking distance ...

Markets - Equity - Asia

Nikkei edges down in choppy trade, investors book profits TOKYO: Japan's Nikkei share average edged down on Wednesday in choppy trade ahead of the holidays as investors locked in gains after the market hovered at more than one-year highs earlier.The Nikkei ended 0.3 percent lower at 19,444.49 after trading in positive territory in the morning.The broader Topix dropped 0.5 percent at 1,544.94, while the JPX-Nikkei Index 400 declined 0.4 percent to 13,850.89.Copyright Reuters, 2016 ...