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Tag Archives: Christmas break

Hong Kong stocks end 1.82% higher, Hang Seng climbs 423.84pts, Shanghai Composite adds 0.33%

Japan Markets

HONG KONG: Hong Kong stocks soared 1.82 percent on Monday, first trade after the Christmas break, as another record end on Wall street and new lessening measures from Chinese establishment supported the markets. The benchmark Hang Seng Index rose 423.84 points to 23,773.18 on turnover of HK$80.42 billion (S$13.73 billion). In mainland China, the benchmark Shanghai Composite Index added 0.33 ... Read More »

Australian dollar surges as local stocks register gains

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SYDNEY: The Australian dollar ended stronger as the strong gains on local stock market boosted demand for the risk driven currency. At 5pm (AEDT), the local unit was trading at US81.36 cents, up from US81.22 cents on Wednesday, before the Christmas break. The unit peaked at US81.48 cents during late afternoon trade as the Australian Securities Exchange finished the session ... Read More »

Asian stocks mostly surge after Christmas break; Tokyo adds 0.31%, Hong Kong up 1.48%

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HONG KONG: Asian stocks mostly high on Monday in early trade after the Christmas break, with the confidence boost up by Chinese easing measures and another Wall Street record. Shares in AirAsia tumbled after one of the budget carrier’s jets went missing with 162 people on board Sunday and had still not been found early Monday. Tokyo added 0.31 per ... Read More »