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Showing posts with label asian stock market update. Show all posts
Showing posts with label asian stock market update. Show all posts

Market Closing Update

Friday 20 March 2015

MALAYSIAN shares ended lower on Friday with the Kuala Lumpur Composite Index slipping 5.48 points to close at 1,803.65.

Some 2.12 billion lots, valued at RM3.14 billion were traded. Gainers numbered 325 while losers numbered 471.


Asian Market Update


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Asian markets mostly retreated on Friday as investors took their cash off the table after the previous day's rally that was fuelled by the Federal Reserve's dovish interest rate outlook.

The dollar was slightly lower against the euro and yen, but analysts said they expect the currency to resume its advance as the Fed prepares for a rate hike while the Japanese and European central banks print more cash.

Providing support to the euro on Friday was news that Greece has agreed to give creditors a new list of reforms within days in order to secure bailout funds.

Tokyo dipped 0.17 per cent, Hong Kong lost 0.21 per cent and Seoul gave back 0.21 per cent, while Sydney was flat but Shanghai gained 0.17 per cent.

Market Closing Update

Friday 13 March 2015


MALAYSIAN shares ended lower on Friday with the Kuala Lumpur Composite Index slipping 5.12 points to close at 1,781.75.

Some 2.96 billion lots, valued at RM1.82 billion were traded. Gainers numbered 372 while losers numbered 471.

Asian Market Update


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Asian markets mostly rose Friday following a surge on Wall Street after unexpectedly weak US data tempered talk of an interest rate hike by summer.

Despite the easing rate expectations, the dollar maintained its strength against the yen and euro after retreating slightly from multi-year highs Thursday.

Tokyo jumped 1.08 per cent, Hong Kong added 0.11 per cent, Seoul gained 0.88 per cent and Shanghai put on 0.30 per cent but Sydney eased 0.62 per cent.

Market Closing Update

Thursday 5 March 2015

MALAYSIAN shares ended lower on Thursday with the Kuala Lumpur Composite Index slipping 19.45 points to close at 1,806.09.

Some 2.14 billion lots, valued at RM2.38 billion were traded. Gainers numbered 288 while losers numbered 556.


Asian Market Update


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Hong Kong and Shanghai markets led a broad Asian sell-off on Thursday after China set tepid 2015 economic and trade growth targets, while the euro struggled to recover from 11-year lows ahead of a key European Central Bank meeting.

Wall Street provided a negative lead again despite an upbeat report on the state of the US economy and another round of healthy private-sector jobs growth.

Hong Kong fell 0.78 per cent and Shanghai lost 0.56 per cent, while Sydney slipped 0.26 per cent.

Market Closing Update

Wednesday 4 March 2015

MALAYSIAN shares ended higher on Wednesday with the Kuala Lumpur Composite Index adding 4.29 points to close at 1,825.54.

Some 2.12 billion lots, valued at RM2.16 billion were traded. Gainers numbered 345 while losers numbered 473.


Asian Market Update


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Asia markets mostly fell Wednesday following a retreat on Wall Street fuelled by profit-taking, with Tokyo hit by a stronger yen and Sydney dipping after data showed Australia's economy grew slower than expected last year.

With few trading cues investors are keeping a watch on the start of China's annual parliament meeting Thursday as well as European Central Bank details on its new bond-purchase scheme.

Tokyo slid 1.01 per cent, Sydney shed 0.56 per cent, Hong Kong lost 0.24 per cent and Seoul eased 0.13 per cent. Shanghai, which tumbled 2.20 per cent Tuesday, edged up 0.21 per cent.

Market Closing Update

Tuesday 3 March 2015

MALAYSIAN shares ended higher on Tuesday with the Kuala Lumpur Composite Index adding 4.12 points to close at 1,821.25.

Some 2.83 billion lots, valued at RM2.35 billion were traded. Gainers numbered 420 while losers numbered 461.

Asian Market Update


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Asian equities stuttered in early trade on Tuesday after healthy gains in the previous session attracted profit-takers, offsetting a strong lead from Wall Street.

Shanghai lost 1.03 per cent after rallying Monday in response to the Chinese central bank's weekend interest rate cut, while Hong Kong pared an initial advance to sit marginally lower.

Tokyo eased 0.21 per cent and Seoul was flat, while Sydney edged up 0.12 per cent ahead of a closely watched interest rate decision by Australia's central bank later in the day.


Asian Market Update

Friday 27 February 2015


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Asian markets were largely flat in morning trade Friday after the dollar firmed on US inflation data, while disappointing Japanese figures challenged Tokyo's war on falling prices.

Japanese inflation slowed for a sixth straight month in January - dampened by weak consumer spending and falling energy prices - its lowest level since Tokyo launched an offensive on falling prices and tepid growth nearly two years ago.

Tokyo ticked up 0.07 per cent, Hong Kong added 0.54 per cent and Shanghai edged down 0.08 percent. Seoul slipped 0.12 per cent while Sydney was up 0.37 per cent and Wellington added 0.08 per cent. Markets in Taiwan were closed for a public holiday.

Market Closing Update

Wednesday 25 February 2015

MALAYSIA share prices closed lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.82 points to 1,815.86.

Volume was 1.7 billion lots worth RM1.9 billion.

Losers outnumbered gainers 427 to 379.

Asian Market Update


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Asian stocks broadly rose Wednesday after US Federal Reserve chief Janet Yellen damped speculation of a rate hike before summer, and as eurozone finance ministers backed Greek reforms critical to avoiding a disastrous default.

The regional uptrend tracked fresh record highs on Wall Street and in Europe as investors breathed a cautious sigh of relief over the Greek package, which gives Athens a lifeline to pay its bills - for now - and sidestep an almost certain exit from the eurozone.

"The two potential international risk events for markets had positive outcomes," said Ric Spooner, chief market analyst at CMC Markets in Sydney.

"Janet Yellen's testimony moved expectations for a rate hike out in time while the boxes were ticked to cement a four-month funding programme for Greece." Tokyo edged up 0.14 per cent at the open, Sydney rose 0.28 per cent, Seoul jumped 0.74 per cent, while Wellington rallied 1.46 per cent.

Market Closing Update

Tuesday 24 February 2015

MALAYSIA share prices closed higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 9.29 points to 1,818.68.

Volume was 2.18 billion lots worth RM2.12 billion.

Gainers outnumbered losers 432 to 409.

Asian Market Update


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Asian stocks were mixed Tuesday as investors awaited proposed Greek reforms that are critical to winning an extension on its bailout, while US Federal Reserve Chair Janet Yellen's Congressional testimony was also in focus.

Tokyo's Nikkei index ticked up 0.13 per cent, Sydney edged 0.08 per cent higher, Seoul rose 0.51 per cent, while Wellington fell 0.56 per cent.

Hong Kong was down 0.51 per cent in morning deals while Taipei jumped 1.05 per cent in post-holiday trade.

Market Closing Update

Monday 23 February 2015


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MALAYSIA share prices closed higher on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.52 points to 1,809.39.

Volume was 2.47 billion lots worth RM1.84 billion.

Gainers outnumbered losers 428 to 382.

Asian Market Update


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Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece's bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Tokyo led the charge with the benchmark Nikkei extending a 15-year high as it rose 0.81 per cent by the break, while Sydney was up 0.52 per cent, Wellington added 0.11 per cent, and Seoul climbed 0.41 per cent. Hong Kong fell 0.53 per cent.

Exchanges in Taiwan and mainland China are closed for the Lunar New Year holiday.

Asian shares picked up on a strong lead from Wall Street which bolted to fresh records Friday after the eurozone conditionally gave Greece the four-month debt bailout extension, easing worries over its future in the eurozone.

Asian Market Update

Friday 20 February 2015


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FINANCIAL markets in China, Hong Kong, Taiwan, Singapore, Malaysia, Indonesia and South Korea are closed on Friday for a public holiday.


Market Closing Update

Wednesday 18 February 2015

MALAYSIA share prices closed lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.22 points to 1,807.87.

Volume was 897 million lots worth RM887.4 million.

Gainers outnumbered losers 381 to 276.

Market Closing Update

Tuesday 17 February 2015

MALAYSIA share prices closed higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.2 points to 1,810.09.

Volume was 1.67 billion lots worth RM1.49 billion.

Losers outnumbered gainers 381 to 349.


 

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