Showing posts with label Shenzhen Composite. Show all posts
Showing posts with label Shenzhen Composite. Show all posts

Thursday, 24 March 2016

Asian indexes ended mostly with declines

Most Asian indexes recorded declines on Thursday.
Japan's Nikkei 225 index fell 0.64 percent, while South Korean Kospi erased 0.46 percent. Hang Seng registered a decrease of 1.26%.
Shanghai Composite fell by 0.67%, while the smaller Shenzhen Composite added 0.18% to its value.
ASX 200 recorded a decline of 1.13%, pushed by the heavily-weighed banking sector, where the decrease was 2.5 percent.
Banks in Australia finished with sharp declines, shares of ANZ fell 5.21%, those of Commonwealth Bank of Australia fell 2.45%, Westpac wiped 4.58%, while shares of NAB fell 3 , 53%.
Japanese yen is trading  at 112.87 yen againts the US dollar. Despite the slight appreciation of the Japanese currency, the leading exporters closed the session with declines. Toyota wiped 1.56% of its share price, Nissan reported a decrease of 0.98 percent, while Honda declined with 1.6%.



Tuesday, 8 March 2016

Asian markets in the red today,only China closed with gains


Most Asian markets are coloured in red today, except China.
Japan's benchmark Nikkei 225 index closed with 128.17 points, or 0.76%, down to 16 911.32 points, continuing its decline from 0.6% on Monday.
In South Korea, the main Kospi index also closed with a decline of 11.75 points, or 0.60%, to 1957.87 points. 
Hong Kong’s Hang Seng Index registered a decrease of 0.61%.
Australia's benchmark S&P/ASX 200 followed the trend and ended in the red by 34.81 points, or 0.68%, down to 5108 points, mainly due to losses in the energy and financial sectors and commodities. Those sectors recorded decreases of respectively 1.11%, 1.02% and 0.82%.
Chinese markets ended with growth, as Shanghai composite index closed with 2.57 points, or 0.1%, up to 2897.34 points. The smaller Shenzhen composite also passed the green with an increase of 8.89 points, or 0.51%, to 1741.65 points.
The major mining companies in Australia failed to hold the initial gains. Shares of Rio Tinto fell 2.60%,  BHP Billiton are down with 1.83%, while Fortescue tumbled 9.42% after Monday jumped 24%. The decline in share prices in the mining sector comes despite recent increases in commodity prices. The price of iron ore rose from 52.40 dollars to 62.60 dollars for only one day.
Companies extracting gold recorded a good session. Shares of Newcrest rose 1.30%, and those of Alacer Gold - by 0.72%. Spot gold is trading with an increase to about $1269.57 per ounce, which is less than the peak of $1279.60 on Friday, its highest level since February 3, 2015.
The Japanese carmaker Suzuki Motor closed with a decline of 3.76% after the news, posted by Nikkei daily , that the company will issue convertible zero coupon bonds for 200 billion  Yen and will use most part of the revenues to expand its operations in India.
Shares of Japan's Softbank rose 1.69% after the company announced its plans for reorganization, as a result of which will separate domestic from international business, meanwhile appointing different executives.
Most Japanese exporters experienced difficulties because of the appreciation of the yen. Shares of Toyota fell 2.63%, while those of Honda - with 0.95%.
Energy players traded mixed. The share price of Oil Search closed up with 0.27%, but Woodside Petroleum was 0.33% down. Shares of Japanese Inpex fell 0.72%, while those of Japan Petroleum rose 0.29%. The Chinese mainland market Sinopec surged share of 2.91% and Petrochina - a decline of 0.51%.

Tuesday, 1 March 2016

Asia markets mostly higher today

Asian markets traded higher Tuesday, digesting the China's central bank surprising move to cut banks' reserve requirement ratio and shrugging off the weak economic data.

Japan's benchmark Nikkei 225 retraced losses of over 1% and closed with an increase of 58.75 points, or 0.37%, at a level of 16 085.51 points. Markets in South Korea are closed for national holidays.

Chinese markets recorded a volatile session, after the surprise move by Bank of China to reduce the reserve requirement ratio for banks and worse-than-expected manufacturing data. However, they also ended with gains. Shanghai composite index closed with a rise of 45.93 points, or 1.71%, to 2733.91 points, while Shenzhen composite finished with 38.11 points, or 2.32%, up to 1681.47 points.

Hong Kong's benchmark Hang Seng also closed the trading day with a rise of 295.53 points, or 1.55%, up to 19407.46 points.

The Australian index S&P ASX 200 joined the trend and surged by 41.32 points, or 0.85%, to 4922.25 points, with most sectors in green. The financial sector finished with a growth of 1.6% and energy with a growth of 1.81%.


Mining companies also went through a positive session. Shares of Rio Tinto gained 2.66%, Fortescue is up with 6.37%, while BHP Billiton added 2.95%. The gold miner Newcrest closed with a 4.51% rise in shares, while spot gold trading up 0.27% at $1,241.10 an ounce.

Meanwhile, the Reserve Bank of Australia kept the interest rate unchanged at a record low of 2%  on Tuesday. This decision was largely expected by analysts.

The aussie surprisingly remained little changed and was seen 0.15% lower after the news at $0.7130 against $0.7122 earlier.

Tuesday, 23 February 2016

Asian markets ended the trade in red

Asia stocks lost momentum today and closed the trade in red.

Japan's benchmark Nikkei 225 initially rose by 1%  in early trade, but finished with 0.37% down, at 16,052.05. The broader Topix also erased gains and decreased by 0.68% to 1,291.17. South Korea's Kospi reported a decline of 0.11%  to 1,914.22, while the S&P/ASX 200 erased 0.43% and closed at 4,979.58 weighed by losses in the financial and the energy sectors, down respectively with 0.7% and 0.47%.
Chinese markets also lost the momentum from Monday. Shanghai Composite Index fell 0.79%, closing down 22.33 points to 2,903.95, while Shenzhen Composite lost 0.58% of its value, closing at 1,877.18.

Shares of energy companies were trading mixed. Australian Santos and Woodside Petroleum reported a decline in the price of respectively 1.18% and 0.11%. Japan’s Fuji Oil decline was 1.54%, while Inpex added 0.9 %.
Chinese energy companies ended trading mainly with a slump, the decline in the share price of China Oilfield is 1.2%.
The Australian giant BHP Billiton reported a net loss of 5.67 billion dollars for the first half of financial 2016 and reduced the interim dividends by 75% - from 62 to 16 cents per share, below the  expectations of 31 cents. However, shares of BHP Billiton ended the day with an increase of 2.62%.




Thursday, 10 December 2015

Europe, USA and Asia stocks end mixed


Stock markets in Europe, USA and Asia closed mixed yesterday’s session.

The European Stoxx Europe 600 index declined by 0.54%. The German DAX index marked a decrease of 0.51%. The French CAC40 index fell by 0.56%. The Italian MIB stock index dropped by 0.23%. British FTSE100 index decreased by 0.17%.

US Dow Jones Industrial Average recorded an increase of 66 points (0.38 percent) to 17,634 points, S & P 500 rose 3.5 points (0.16 percent) to 2067 points in the morning session. Nasdaq recorded a decline of 14 points (0.27 percent) to 5084 points.

Shanghai Composite rose 0.65%, while Shenzhen Composite recorded a growth of 0.3%.
Japan's Nikkei 225 index fell by 0.98% despite good data on machinery orders in October and revised upwards GDP growth for the third quarter.
South Korea's Kospi index remained almost unchanged, closing the session with a 0.04% increase. The Australian index S&P ASX 200 closed with 0.55% downwards.