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
Related Travel Information
Asia Roundup: Local issues dominate trade
HONG KONG: Asian stocks closed mixed yesterday helped partially by gains on Wall Street but dealers said local issues again dominated trade.
They said an easing in oil prices and a steady dollar had enabled investors to content themselves with domestic factors.
TOKYO: Share prices closed 0.34 per cent higher, supported by positive domestic earnings news and a jump in Wall Streets blue-chip index to a six-year high. The Nikkei-225 index advanced 58.61 points to 17,114.54. Volume was 1.65 billion shares, up from 1.61 billion Wednesday.
SEOUL: Share prices eked out narrow gains for another record finish. The
Asia Roundup: Marts end week mostly higher
Asian stocks closed mostly higher yesterday but gains were capped by limited profit- taking ahead of the release of key US employment data due out later in the day.
Tokyo closed flat, while mild gains were registered in Hong Kong, Seoul, Singapore, Manila, Wellington and Kuala Lumpur which was also buoyed by company tax cuts announced in the Governments latest budget.
Mutual funds supported a solid finish in Mumbai while Bangkok and Jakarta were sharply higher on improved inflation numbers.
Shanghai and Sydney were lower as profit-taking won out on the day.
More : btimes.com.my
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
Indonesian Shares End Lower On Weak Rupiah, Falls In Asia
ndonesian shares ended lower Monday, hurt by a weaker rupiah and falls in most major Asian markets after stocks in the U.S. tumbled Friday, dealers said.
They said overall sentiment was also hit by concerns over high oil prices and as many investors switched out of their equity funds to bid for the IDR3 trillion in government bonds scheduled to be issued Tuesday.
"These factors are good reasons for investors to continue to lock in profits," said a trader with Paramitra Securities.
The Jakarta Stock Exchange Composite Index ended down 22.761 points,
Autos drive European shares down
European shares ended lower on Friday but U.S. data showing strong economic growth and softer inflation helped the market pare losses from car and technology stocks after disappointing earnings.
A below-forecast profit rise pounded Volkswagen shares 5.4 percent lower, dragging down the sector, while a lower-than-expected profit and forecasts from tech bellwether Microsoft hit European peers such as SAP.
But pharmaceutical stocks shone for a second session as a panel of European experts backed the use of Sanofi-Aventiss anti-obesity pill Acomplia, the French groups biggest new drug hope, while GlaxoSmithKline basked in broker upgrades a day after the
