02092016Tue
Last update: Tue, 09 Feb 2016 10am

Asia

Markets - Equity - Asia

Hong Kong stocks open higher after Wall St gains HONG KONG: Shares in Hong Kong edged up in the first few minutes of trade Friday, tracking gains in New York and Europe as the likelihood of further US interest rates this year faded.The Hang Seng Index in Hong Kong climbed 0.54 percent, or 104.27 points, to 19,287.36.And in Shanghai the composite index was flat, edging up 2.06 points to 2,783.08 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.15 percent, or 2.64 points, to 1,773.71.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Asia

Hong Kong climb on oil rally, US gains HONG KONG: Hong Kong stocks ended on a high Friday as energy firms rose in line with a pick-up in oil prices and following gains in New York as expectations of another US interest rate hike faded.The Hang Seng Index rose 0.55 percent, or 105.08 points, to close at 19,288.17.In Shanghai the benchmark composite index lost 0.63 percent, or 17.53 points, to 2,763.49 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, ...

Markets - Equity - Asia

Vietnam index ends 0.6pc higher, trade thin ahead of holiday HANOI: Vietnam's benchmark VN Index closed 0.57 percent higher on Thursday as rising global oil prices and better company earnings boosted sentiment, but trading was muted ahead of the Lunar New Year holiday.Dairy product maker Vinamilk rose 0.83 percent to close at a near one-month high, after it reported a 28-percent jump in net profit for 2015 on Wednesday.Oil prices rose as the US dollar slid on speculation the Federal Reserve might opt to not ...

Markets - Equity - Asia

Indian shares on track to snap three days of falls on global crude rally MUMBAI: Indian shares rose on Thursday and headed for their first gain in four sessions, as global risk rally gathered momentum driven by hopes that the US Federal Reserve might opt to not raise interest rates at all this year. Asian shares gained on hopes of a Fed status quo which hammered the dollar and sparked a huge rally in oil prices. Domestic shares have been taking a beating on the back of declining global ...

Markets - Equity - Asia

SE Asia Stocks-Rebound as oil recovers; Philippines up 2pc BANGKOK: Southeast Asian stock markets rose on Thursday as a rebound in global oil prices lured buyers of battered energy shares, with the Philippine benchmark posting its biggest gain in more than a week.The Philippine index jumped 2 percent, its best one-day gain since Jan. 27. Petron Corp rose 4.2 percent while First Gen Corp advanced 3.4 percent, both among the top gainers, stock exchange data showed.Jakarta's composite index ended two days of losses, hitting ...

Markets - Equity - Asia

Hong Kong stocks rally as oil surges HONG KONG: The energy sector led a rally in Hong Kong stocks Thursday as oil prices surged while speculation has also increased that recent global volatility will prevent the US from lifting interest rates again this year.The Hang Seng Index rose 1.01 percent, or 191.50 points, to close at 19,183.09.And in Shanghai the benchmark composite index gained 1.52 percent, or 41.77 points, to 2,781.02, while the Shenzhen Composite Index, which tracks stocks on China's second ...

Markets - Equity - Asia

Asia markets rally, oil extends gains as dollar eases HONG KONG: Oil extended the previous day's rally and Asian stocks surged Thursday while the dollar held most of its losses as the turmoil on global markets lowers expectations the US will hike interest rates again this year.Energy firms, for so long beaten down by the collapse in commodities, led gains as fresh hopes for talks between Russia and OPEC on cutting output lit a fire under crude prices.The gains are the latest in a ...