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S.Korean stocks stall as foreign investors take tech profits, await China GDP

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SEOUL: South Korean shares took a breather on Wednesday as foreign investors took profits from the market’s recent gains, mostly in large tech stocks. Traders were also cautious ahead of China’s third-quarter GDP data on Thursday, amid forecasts that South Korea’s top export market is starting to lose some of its robust growth momentum. The Korea Composite Stock Price Index ... Read More »

Australia stocks higher at close of trade; S&P/ASX 200 up 0.02%

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CANBERRA: Australia stocks were higher after the close on Wednesday, as gains in the Utilities, Healthcare and A-REITs sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.02% to hit a new 3-months high. The best performers of the session on the S&P/ASX 200 were St Barbara Ltd (AX:SBM), which rose 11.19% or 0.300 points to ... Read More »

Asia stocks mixed, Nikkei cheered by likely ruling party win

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TOKYO: Asian shares were mixed on Wednesday, as some indexes got a boost from overnight gains on Wall Street. Japan’s benchmark held steady as expectations grew that a likely ruling party win in Sunday’s Japanese parliamentary elections will help stability and growth. The Shanghai Composite index advanced as China’s ruling communists began a congress that is due to give President ... Read More »

Turkey stocks higher at close of trade; BIST 100 up 0.23%

TURKEY STOCKS

ANKARA: Turkey stocks were higher after the close on Monday, as gains in the Wood, Paper & Printing, Transport and Technology sectors led shares higher. At the close in Istanbul, the BIST 100 rose 0.23%. The best performers of the session on the BIST 100 were Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD), which rose 7.45% ... Read More »

Brazil stocks lower at close of trade; Bovespa down 0.13%

brazil stocks

BRASÍLIA: Brazil stocks were lower after the close on Monday, as losses in the Consumption, Public Utilities and Electric Power sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.13%. The best performers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 4.52% or 2.33 points to trade at 53.92 at the ... Read More »

U.S. stocks climb to record as treasuries decline

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WASHINGTON: The S&P 500 Index rose to a record as gains in oil and copper drove a gauge of commodities to a six-month high. Treasuries fell after Federal Reserve Chair Janet Yellen suggested gradual rate increases are warranted despite soft inflation. The pound broke a five-day winning streak on speculation that Brexit talks could be headed for a breakdown. Spain’s ... Read More »

Seoul stocks rise to new all-time high

South Korean stocks hit 4-year high

SEOUL: South Korean stocks rose to a new all-time high Monday on gains in steelmakers and telecoms, market analysts said. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index gained 6.43 points, or 0.26 percent, to close at 2,480.05, after rising to as much as 2,487.71 at one point. Trade volume was moderate at ... Read More »

Asian stocks move higher after finance leaders back low interest rates

asian stocks

TOKYO – Shares rose in Asia on Monday after leaders of global finance appealed at a weekend meeting of the International Monetary Fund for a continuation of low-interest rate policies to keep economic recoveries on track. Japan’s Nikkei 225 index added 0.6 per cent to 21,288.12 and Hong Kong’s Hang Seng index surged 1.0 per cent to 28,765.25. South Korea’s ... Read More »

US stocks end higher on retail data

US stocks

WASHINGTON: Stocks on Wall Street ended the week higher as investors reacted to the latest retail sales and inflation data. The Dow Jones Industrial Average rose 31 points to 22,871.72, and the S&P 500 edged up 2 points to 2,553.17. The Nasdaq index finished the final day of the week up 14 points to 6,605.80. The Commerce Department said retail ... Read More »

Russia stocks higher at close of trade; MICEX up 0.18%

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MOSCOW: Russia stocks were higher after the close on Friday, as gains in the Manufacturing, Mining and Power sectors led shares higher. At the close in Moscow, the MICEX gained 0.18%. The best performers of the session on the MICEX were MMC Norilsk Nickel (MCX:GMKN), which rose 3.30% or 335.0 points to trade at 10490.0 at the close. Meanwhile, Moskovskaya ... Read More »

Turkey stocks higher at close of trade; BIST 100 up 0.28%

TURKEY STOCKS

ANKARA: Turkey stocks were higher after the close on Friday, as gains in the Information Technology, Technology and Textile & Leather sectors led shares higher. At the close in Istanbul, the BIST 100 added 0.28%. The best performers of the session on the BIST 100 were Banvit Bandirma Vitaminli Yem Sanayi AS (IS:BANVT), which rose 7.77% or 1.760 points to ... Read More »

US stocks end higher on retail data

us stock exchange

WASHINGTON: Stocks on Wall Street ended the week higher as investors reacted to the latest retail sales and inflation data. The Dow Jones Industrial Average rose 31 points to 22,871.72, and the S&P 500 edged up 2 points to 2,553.17. The Nasdaq index finished the final day of the week up 14 points to 6,605.80. The Commerce Department said retail ... Read More »

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.42%

saudi stocks

RIYADH: Saudi Arabia stocks were higher after the close on Thursday, as gains in the Agriculture & Food, Industrial Investment and Retail sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share rose 1.42%. The best performers of the session on the Tadawul All Share were United Electronics Company (SE:4003), which rose 7.82% or 3.36 points ... Read More »

Australia stocks higher at close of trade; S&P/ASX 200 up 0.34%

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CANBERRA: Australia stocks were higher after the close on Friday, as gains in the Telecoms Services, Utilities and Consumer Staples sectors led shares higher. At the close in Sydney, the S&P/ASX 200 added 0.34% to hit a new 3-months high. The best performers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX:GXY), which rose 5.10% or 0.160 ... Read More »

Turkey stocks higher at close of trade; BIST 100 up 2.04%

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ANKARA: Turkey stocks were higher after the close on Thursday, as gains in the Basic Metals, Chemical, Petroleum & Plastic and Transport sectors led shares higher. At the close in Istanbul, the BIST 100 rose 2.04%. The best performers of the session on the BIST 100 were Banvit Bandirma Vitaminli Yem Sanayi AS (IS:BANVT), which rose 19.98% or 3.770 points ... Read More »

Russia stocks higher at close of trade; MICEX up 0.68%

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MOSCOW: Russia stocks were higher after the close on Wednesday, as gains in the Telecoms, Manufacturing and Oil & Gas sectors led shares higher. At the close in Moscow, the MICEX added 0.68% to hit a new 6-months high. The best performers of the session on the MICEX were Gruppa LSR PAO (MCX:LSRG), which rose 3.50% or 28.0 points to ... Read More »

Tokyo stock market hits 21-year high

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TOKYO: Tokyo’s main stock market index closed at its highest level in more than two decades on Wednesday as optimism spread across global markets. The Nikkei 225 added 0.3%, or 57.7 points, to end at 20,881.2. It was the best finish for the index since 1996 and follows fresh record highs on Wall Street overnight. A strengthening Japanese economy, solid ... Read More »

Turkey stocks higher at close of trade; BIST 100 up 0.41%

TURKEY STOCKS

ANKARA: Turkey stocks were higher after the close on Wednesday, as gains in the Wholesale & Retail Trade, Transport and Telecoms sectors led shares higher. At the close in Istanbul, the BIST 100 rose 0.41%. The best performers of the session on the BIST 100 were Pegasus Hava Tasimaciligi AS (IS:PGSUS), which rose 4.67% or 1.180 points to trade at ... Read More »

Brazil stocks higher at close of trade; Bovespa up 1.55%

brazil stocks

BRASÍLIA: Brazil stocks were higher after the close on Tuesday, as gains in the Consumption, Financials and Industrials sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 1.55%. The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 5.40% or 0.29 points to trade at 5.66 at the close. Meanwhile, ... Read More »

Canada stocks higher at close of trade; S&P/TSX Composite up 0.27%

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OTTAWA: Canada stocks were higher after the close on Tuesday, as gains in the Clean Technology, Healthcare and Telecoms sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.27%. The best performers of the session on the S&P/TSX Composite were Badger Daylighting Ltd. (TO:BAD), which rose 7.89% or 2.07 points to trade at 28.29 at the ... Read More »