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US stocks suffered as Trump storm built

US-stocks

WASHINGTON: Investors ditched almost $US9 billion ($A12 billion) of US equities as political turmoil in Washington built up in the past week, Bank of America Merrill Lynch figures have shown. Funds invested in US equities saw outflows of $US8.9 billion in the week to Wednesday – their third straight week of outflows — while those dedicated to European stocks added ... Read More »

Asian stocks post biggest rise in a month; dollar weak

asian stocks

HONG KONG: Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.9 percent on Monday helped by gains in Australia and Hong Kong ... Read More »

Stocks continue to climb on commodities strength at noon

stocks

CANBERRA: The Australian sharemarket edged higher in midday trade, with stronger oil and iron ore prices driving the gains. The benchmark S&P/ASX200 was up 0.75 per cent at noon, with investors following the positive lead from Wall Street and the strength in global markets. A nearly two per cent jump in oil prices on expectations of an extension of the ... Read More »

China stocks pressured by tighter regulation; Hong Kong at 22-month high

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SHANGHAI: China’s main stock indexes were little changed on Monday morning as strength in financials and raw materials were offset by weakness in the real estate and brokerage sector, both of which suffered from tighter government regulations. The CSI300 index rose 0.1 percent, to 3,406.08 points by the lunch break, while the Shanghai Composite Index lost 0.2 percent, to 3,083.11 ... Read More »

US stocks broadly higher in afternoon trading; oil rises

US stocks

WASHINGTON: Industrial companies led U.S. stocks broadly higher in late-afternoon trading Friday, extending the market’s modest gains from the day before. Investors were cheering solid earnings from several companies. Banks and materials stocks were also up sharply. Energy companies also moved higher as the price of crude oil rose. The Standard & Poor’s 500 index rose 14 points, or 0.6 ... Read More »

Japan stocks higher at close of trade; Nikkei 225 up 0.19%

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TOKYO: Japan stocks were higher after the close on Friday, as gains in the Gas & Water, Railway & Bus and Retail sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.19%. The best performers of the session on the Nikkei 225 were MS&AD Insurance Group Holdings (T:8725), which rose 5.10% or 180.0 points to trade ... Read More »

Brazil stocks higher at close of trade; Bovespa up 1.69%

brazil stocks

BRASÍLIA: Brazil stocks were higher after the close on Friday, as gains in the Electric Power, Basic Materials and Financials sectors led shares higher. At the close in Sao Paulo, the Bovespa added 1.69%. The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 12.47% or 0.49 points to trade at 4.42 at the ... Read More »

China Stocks end the week higher

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SHANGHAI: China’s main stock indexes were little changed on Friday but ended the week higher, with Shanghai shares snapping a five-week losing streak, as soothing regulatory comments and the central bank’s injection offset worries over tighter regulations and economic growth. The blue-chip CSI300 index rose 0.2 per cent, to 3,403.85 points, while the Shanghai Composite Index ended flat at 3,090.63 ... Read More »

Canada stocks higher at close of trade; S&P/TSX Composite up 0.02%

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OTTAWA: Canada stocks were higher after the close on Thursday, as gains in the IT, Healthcare and Industrials sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.02%. The best performers of the session on the S&P/TSX Composite were ATS Automation Tooling Systems Inc. (TO:ATA), which rose 7.84% or 0.90 points to trade at 12.38 at ... Read More »

Australia stocks stumble as concern grows over white house

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MELBOURNE: Australian shares were swept lower Thursday by worries over the turmoil in Washington, with banks leading a broad decline as investor confidence faltered across markets globally. It was a second straight day of sharp falls locally, as political developments continue to roil the White House and raise concerns the Trump administration won’t be able to push through a business-friendly ... Read More »

Brazil’s stock market plunges after corruption claims

stocks

BRASÍLIA: Brazil’s Bovespa stock market was briefly halted as investors reacted to corruption allegations against Brazilian President Michel Temer. Stocks plunged more than 10% at the start of trading, prompting circuit breakers to kick in and halt dealings. President Temer was forced to deny a newspaper report that he had given consent to paying off a witness in a huge ... Read More »

China stocks set to end week flat amid regulation, economy woes

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SHANGHAI: China stocks were little changed on Friday and poised to end the week flat as a rebound triggered by policy gestures to ease liquidity concerns faded amid lingering worries over tighter regulation and economic growth. The blue-chip CSI300 index was unchanged at 3,399.47 points by mid-day break, while the Shanghai Composite Index lost 0.1 percent to 3,088.46. The market ... Read More »

Hong Kong stocks end lower, hover near 21-month highs

stocks

HONG KONG: Hong Kong stocks eased on Wednesday but held near 21-month highs aided by steady flows of money from mainland China, where shares tanked under the weight of tighter regulations. The Hang Seng index fell 0.2 percent, to 25,293.63, while the China Enterprises Index lost 0.5 percent, to 10,383.14 points. On Wednesday, Chinese investors used 24 percent of the ... Read More »

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.24%

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LONDON: U.K. stocks were lower after the close on Wednesday, as losses in the Electronic & Electrical Equipment, Construction & Materials and Industrial Engineering sectors led shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.24%. The best performers of the session on the Investing.com United Kingdom 100 were Fresnillo PLC (LON:FRES), which rose 2.75% or ... Read More »

US stocks suffer worst day in eight months

US stocks

WASHINGTON: US stocks suffered their worst trading day in eight months after political turmoil in Washington shook investors, with some fearing President Donald Trump’s ability to push through his pro-growth policies has been sidelined by the deepening political controversy. The S&P 500 — the Wall Street benchmark — slid 1.8 per cent to 2,357 at the close on Wednesday, shedding ... Read More »

China Stocks up for 4th day in row

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BEIJING: The Mainland China equity market recouped early losses to finish higher on Tuesday, 16 May 2017, as risk sentiments got boosted by central bank efforts to boost liquidity in the financial system. Most sectors gained ground, led by consumer and material stocks, while banks shares were notable losers. The blue-chip CSI300 index rose 0.9%, to 3,428.65 points, while the ... Read More »

Australia stocks end higher on broad gains

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MELBOURNE: Australian shares perked up Tuesday, with broad gains lifting the market in a choppy session. Resources stocks lent their weight to the push, as crude-oil prices continued to advance in Asian trading on fresh expectations major oil-producing countries will extend their agreed output cut and Chinese iron-ore futures showed further signs of stabilizing after a recent slump. That offset ... Read More »

U.K. Stock Investors Like the Idea of a Tory Majority

Uk stocks

LONDON: The jury is still out on whether a solid Conservative win in next month’s U.K. general election will soften Brexit’s blow for markets. But that hasn’t stopped equities from rising on speculation of the vote outcome. The FTSE 350 Index of U.K. stocks has climbed to fresh records four times in the past week, gaining after an initial knee-jerk ... Read More »

Brazil stocks higher at close of trade; Bovespa up 0.31%

brazil stocks

BRASÍLIA: Brazil stocks were higher after the close on Tuesday, as gains in the Real Estate, Basic Materials and Public Utilities sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.31% to hit a new 1-month high. The best performers of the session on the Bovespa were Cia de Saneamento Basico do Estado (SA:SBSP3), which rose ... Read More »

China stocks up for 4th day as PBOC boosts financial-system liquidity

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SHANGHAI: China stocks reversed earlier losses to end higher for the fourth straight day on Tuesday, as investors were relieved by central bank efforts to boost liquidity in the financial system even as regulators announced fresh curbs on shadow banking. The blue-chip CSI300 index rose 0.9 per cent, to 3,428.65 points, while the Shanghai Composite Index gained 0.7 per cent ... Read More »