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Asia Roundup: Shares finish mostly lower

Asia Roundup: Shares finish mostly lower Asian stocks closed mostly lower yesterday, extending losses after US wage data undercut the widely held view that the US Federal Reserve had no more reason to hike interest rates again, dealers said. TOKYO: Japanese share prices were down sharply after a soft performance on Wall Street overnight, dealers said. The Tokyo Stock Exchanges benchmark Nikkei-225 index fell 271.68 points or 1.67 per cent to 16,012.41, off a low of 15,944.03. The broader TOPIX index of all first-section stocks dropped 29.36 points or 1.79 per cent to 1,613.46. Volume fell to 1.72 billion shares. More : btimes.com.my

Asia Roundup: Markets narrowly mixed

Asia Roundup: Markets narrowly mixed Asian stocks closed narrowly mixed yesterday with investors taking to the wings ahead of key economic data due out of the US and possible leads on the future of interest rates. Broadly the mood remained positive with oil prices retreating again in the wake of a ceasefire in Lebanon and the prospect that BP would maintain half of its output in a key Alaskan oil field. TOKYO: Share prices closed mixed, with the key Nikkei index falling slightly on profit-taking following solid gains the previous day. The Nikkei-225 Index fell 40.92 points, or 0.26 per cent, to

Asia Roundup: Markets ride on Wall Street gains

Asia Roundup: Markets ride on Wall Street gains HONG KONG: Asian stocks managed a solid rebound yesterday following Wall Streets lead as investors resigned themselves to a US rate hike later and hoped for some policy clarity from the US Federal Reserve (Fed), dealers said. They said the gains were encouraging as they suggested investors were calmer about the prospect of higher US interest rates but much would depend on what the Fed had to say on the outlook for monetary policy. TOKYO: Shares rallied 1.58 per cent as bargain hunters scooped up beaten down stocks, encouraged by overnight gains on Wall Street.

Asia Roundup: Technical rebound for regions stocks

Asia Roundup: Technical rebound for regions stocks HONG KONG: Asian stocks closed mostly higher yesterday in a technical bounce following a sell-off last week prompted by an unexpected increase in Chinese interest rates. Dealers said the sell-down had been over-done and created buying opportunities with sentiment strong enough to offset the negative impact of overnight falls on Wall Street. Shanghai was closed for a holiday. TOKYO: Share prices closed 1.35 per cent higher as a weaker yen, which helps exporters, encouraged buying ahead of a three-day national holiday. The Nikkei-225 index advanced 228.06 points to 17,153.77. Volume was 1.44 million shares, up from 1.32

Asia Roundup: Marts end on weaker note

Asia Roundup: Marts end on weaker note HONG KONG: Asian markets closed mostly lower yesterday as investors took profits on Thursdays sharp gains after a volatile week marked by high oil prices and escalating violence in the Middle East, dealers said. TOKYO: Shares fell for the first day in three as a pullback on Wall Street overnight prompted investors to lock in some of the sharp gains posted Thursday, dealers said. The Nikkei-225 index declined 125.58 points at 14,821.26. SEOUL: Prices closed 0.15 per cent lower, slipping back after Thursdays sharp gains following a weaker Wall Street performance overnight, dealers said. The