Trends - Asian markets - Business Recorder

Asian markets

Asia welcomes Biden presidency with healthy gains

Tokyo, Shanghai, Sydney, Seoul, Singapore, Taipei, Bangkok and Wellington all rose, though Jakarta dipped while Manila was flat.

Updated 21 Jan, 2021 01:08pm

Markets

China, Hong Kong stocks climb on stimulus hopes

Leading the gains, both CSI300 materials index and the CSI300 transport index jumped 3.1% each.

Published 21 Jan, 2021 10:30am

Markets

Most markets rise with Biden stimulus proposals in focus

"Investors are willing to look past the political big uglies (in Washington) to sunny days ahead," said Axi strategist Stephen Innes.

Published 14 Jan, 2021 05:56pm

Markets

Most markets rise in Asia with Biden stimulus plan in focus

Tech giants Alibaba and Tencent surged in Hong Kong after a report that the US will not bar Americans from investing in them, as it has done for other firms over national security concerns.

Published 14 Jan, 2021 09:38am

Markets

Asian stocks swing as virus and unrest offset vaccine, stimulus

The problem is that, for now, the green light has temporarily given way to a state of investors' political angst.

Published 12 Jan, 2021 10:32am

Markets

Most Asia markets, dollar rise as Biden's pledges huge stimulus

He also pointed to ongoing China-US tensions after the White House said it would end self-imposed restrictions on official contacts with Taiwan, a move likely to irk Beijing.

Published 11 Jan, 2021 10:23am

Markets

Markets weigh winners and losers should Democrats take Senate

Analysts assume a much-needed splurge on infrastructure would be positive for economic growth, jobs and sectors such as construction and transport.

Published 06 Jan, 2021 12:18pm

Markets

Asian markets drift as Georgia runoffs take spotlight

Oil prices extended gains after soaring nearly five percent Tuesday on news that Saudi Arabia had offered to cut output by a million barrels in both February and March.

Published 06 Jan, 2021 10:26am

Markets

Asian FX, stocks upbeat in new year on vaccine-led recovery hopes

"The rupiah may continue its outperformance the global hunt for yields should drive more inflows into its bond markets which would be a major supportive element for the Indonesian currency," Tan added.

Published 04 Jan, 2021 01:57pm

Markets

Most Asia markets advance after Wall St sets new records

Tokyo and Wellington piled on more than one percent each, while Hong Kong, Sydney, Singapore, Manila and Jakarta also enjoyed healthy gains.

Published 29 Dec, 2020 08:43am

Markets

Asian markets bounce but Trump throws stimulus grenade

The EU has rejected the latest UK offer on the crucial sticking point of fishing but is ready to pursue an agreement even beyond the end of the year cut-off, diplomats said.

Published 23 Dec, 2020 08:44am

Markets

Asian markets slip as dealers track stimulus progress

Prime Minister Boris Johnson has said that there is still a good chance of a no-deal, with negotiators unable to find common ground on access to fishing grounds.

Updated 18 Dec, 2020 12:41pm

Markets

Indian shares hit record highs on Mahindra and Mahindra boost

Automaker Mahindra and Mahindra rose 2.5% on Wednesday and was the top percentage gainer on the Nifty 50.

Published 16 Dec, 2020 09:39am

Markets

Equities mixed as stalled stimulus, Brexit talks offset vaccines

While most observers are confident the world economy will enjoy a healthy recovery next year as inoculations are administered, the immediate impact of the disease as countries endure a fresh wave was acting as a drag on trading floors.

Published 11 Dec, 2020 08:48am

Markets

Risk assets cheer Biden win, dollar nurses losses

The Democratic candidate’s election victory was already largely priced in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled U.S. Senate since last week.

Published 09 Nov, 2020 12:57pm

Markets

Asian shares at near three-year peak; dollar, U.S. yields head south

Investors expect Democrat Joe Biden to beat President Donald Trump and the Republicans to retain control of the Senate, allowing them to block the Democrats’ agenda, such as corporate tax hikes and massive borrowing for large spending.

Published 06 Nov, 2020 10:12am

Markets

Asian shares rebound on strong China data, oil on slippery slope

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5% to 573.04, as China's Caixin/Markit Manufacturing Purchasing Managers' Index offered hope the region's success in containing the coronavirus could spare it the economic pain being inflicted on Europe and the United States.

Published 02 Nov, 2020 10:10am

Markets

Global shares extend gains on U.S. stimulus, upbeat data

S&P500 futures rose 0.6% in Asia, extending Wall Street shares’ rebound overnight after strong employment data and talk of progress on long-delayed COVID-19 relief legislation.

Published 01 Oct, 2020 10:21am

Markets

Shares struggle to shake off bearish mood as U.S. tech giants fall anew

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched earlier this week. Japan's Nikkei rose 0.3%.

Published 11 Sep, 2020 11:09am

Business & Finance

Asia's factories shaking off COVID gloom, China shines

Manufacturing activity in China expanded at the fastest clip in nearly a decade in August, as factories ramped up output to meet rebounding demand, a private survey showed. New export orders rose for the first time this year.

Published 01 Sep, 2020 10:26am

Markets

Asian stocks at seven-month highs after Wall Street cracks more records

MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.3%, up for a third straight day to 570.80 points, a level not seen since late January.

Published 19 Aug, 2020 10:10am

Markets

Most Asian markets rise with eyes on trade talks, stimulus

There was also some relief that China did not include any members of Donald Trump's administration in a group of 11 Americans hit with sanctions, in retaliation to a similar US move last week linked to the Hong Kong row.

Published 11 Aug, 2020 04:42pm

Gainers
Losers
Leaders

Stock	Price
Thatta Cement / Jan 24 Thatta Cement Company Limited(THCCL)	19.85 ▼ -0.22 (1.79%)
Invest Cap. Bank / Jan 24 Invest Capital Investment Bank Limited(ICIBL)	3.54 ▲ 0.87 (1.14%)
Ravi Textile / Jan 24 Ravi Textile Mills Limited(RAVT)	10.25 ▼ -0.24 (0.99%)
1st Dawood / Jan 24 First Dawood Investment Bank Limited(FDIBL)	2.72 ▲ 0.39 (0.74%)
Telecard / Jan 24 Telecard Limited(TELE)	2.92 ▼ -0.11 (0.69%)
Systems Limited / Jan 24 Systems Limited(SYS)	461.00 ▲ 7.35 (0.66%)
Saudi Pak Leas. / Jan 24 Saudi Pak Leasing Company Limited(SPLC)	1.90 ▲ 0.25 (0.53%)
Shabbir Tiles / Jan 24 Shabbir Tiles & Ceramics Limited(STCL)	23.80 ▼ -0.02 (0.21%)
ECOPACK / Jan 24 Ecopack Limited(ECOP)	32.65 ▼ -0.06 (0.15%)
Pak Elektron / Jan 24 Pak Elektron Limited(PAEL)	39.86 ▲ 0.05 (0.15%)

Stock	Price
Grays Leas. / Jan 24 Grays Leasing Limited(GRYL)	5.12 ▼ 0.69 (-11.72%)
Chakwal Spinng / Jan 24 Chakwal Spinning Mills Limited(CWSM)	2.09 ▼ 0.06 (-4.57%)
Al Shaheer Corp.(R) / Jan 24 Al Shaheer Corporation (R)(ASCR1)	6.69 ▼ 0.29 (-2.34%)
Pak. Int. Airlines (A) / Jan 24 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.60 ▼ 0.01 (-2.13%)
Quice Food / Jan 24 Quice Food Industries Limited(QUICE)	4.70 ▼ 0.05 (-1.47%)
Shifa Int. / Jan 24 Shifa International Hospitals Limited(SHFA)	240.51 ▲ -1.30 (-1.23%)
Byco Petr. / Jan 24 Byco Petroleum Pakistan Limited(BYCO)	9.56 ▼ 0.02 (-1.14%)
Crescent Star / Jan 24 Crescent Star Insurance Limited(CSIL)	2.66 ▲ -0.05 (-1.12%)
Aisha Steel / Jan 24 Aisha Steel Mills Limited(ASL)	23.76 ▲ -0.09 (-1.00%)
Dost Steel / Jan 24 Dost Steels Limited(DSL)	4.21 ▲ -0.01 (-0.94%)

Stock	Volume
K-Electric Ltd / Jan 24 K-Electric Limited(KEL)	25,544,000 ▲ -0.13
Invest Cap. Bank / Jan 24 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Fauji Foods / Jan 24 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 24 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 0.91
Pak Int.Bulk Ter / Jan 24 Pakistan International Bulk Terminal Limited(PIBTL)	10,844,500 ▼ 0.15
Hum Network / Jan 24 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.14
Azgard Nine / Jan 24 Azgard Nine Limited(ANL)	6,722,500 ▼ 0.37
TRG Pak. / Jan 24 TRG Pakistan Limited(TRG)	6,425,000 ▲ -0.33
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	4,377,500 ▼ 0.02
SILKBANK / Jan 24 Silkbank Limited(SILK)	4,347,000 ▼ 0.01

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 23	160.75
USD PKR Interbank Buying / Jan 23	160.65
USD to Japanese Yen / Jan 23	103.81
USD to Swiss Franc / Jan 23	0.89
Pound Sterling to USD / Jan 23	1.37
Euro to USD / Jan 23	1.22

Stock	Volume
S&P 500 / Jan 23	3850.96
India Sensex / Jan 23	48878.54
Tokyo Nikkei / Jan 23	28631.45
Nasdaq / Jan 23	13559.29
Hang Seng / Jan 23	29447.85
FTSE 100 / Jan 23	6695.07
Dow Jones / Jan 23	31048.96
Germany DAX 30 / Jan 23	13873.97
France CAC40 / Jan 23	5559.57