Hang Seng Index
Asian shares dip on profit-taking after Dow hits 22,000
Thu, Aug 03, 2017
"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.
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Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat
Fri, May 26, 2017
The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.
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Moody's downgrades Hong Kong after China ratings cut
Thu, May 25, 2017
The U.S. ratings agency downgraded Hong Kong`s rating to Aa2 from Aa1 and said credit trends in China will continue to have a significant impact on Hong Kong`s credit profile due to close economic, financial and political ties with the mainland.
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Nifty crosses 9,400: Five reasons why
Wed, May 10, 2017
Sameet Chavan Chief Analyst- Technical & Derivatives, Angel Broking said, "Finally, after two weeks of consolidation, the Nifty reached yet another milestone and has managed to close almost at the highest point ever. Now, if we meticulously observe the daily chart, a ‘Bullish Flag’ pattern is clearly visible."
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Asian stocks set on edge by Comey dismissal, North Korea tensions
Wed, May 10, 2017
Rising U.S. yields propped up the dollar to its strongest level against the Japanese yen in two months at 114.32 in the previous session but it gave back some of those gains after Trump fired FBI Director Comey in a move that shocked Washington.
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Sensex, Nifty tanks over 0.12%; Infosys shares down 3% post Q4 result
Thu, Apr 13, 2017
HDFC Securities said, "We have the results from Infosys in the morning. The markets have no great hopes from this tech bellwether. The industry is yearning for double digit growth and not getting it. To make matters worse, dollar is depreciating against the rupee."
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Indian markets open in green; Coal India shares gain 1.14%
Mon, Apr 10, 2017
Motilal Oswal said, “Overall market will be focused on earnings. In the banking space, we like Yes Bank on back of strong earnings growth and relatively lower valuations compared to top names. OMC space remains attractive from a valuations perspective.”
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Sensex, Nifty open in red; Bharti Airtel shares gains 2%
Fri, Apr 07, 2017
HDFC Securities said, “Indian equity markets are likely to open on a muted note, weighed down by geopolitical concerns. Financial, FMCG, and Pharma sectors are expected to trade in negative zone whereas Realty sector is expected to trade in positive zone. Crucial support for Nifty is at 9215 level, while strong immediate resistance is at 9370.”
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Sensex, Nifty open in red ahead of RBI's policy meet
Thu, Apr 06, 2017
Analysts at ShareKhan said, “The RBI’s monetary policy committee is likely to leave the repo rate unchanged at 6.25%, where it has been since October. However, investors are expecting the RBI to announce measures to absorb the excess liquidity that has accumulated post demonetisation.”
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Asia stocks down as investors seek safe havens before Trump-Xi meeting
Tue, Apr 04, 2017
"We head into Tuesday on a distinct risk-off vibe, although the moves in equities are probably best described as `drift,` rather than a `spike` lower," Chris Weston, chief market strategist at IG in Melbourne, wrote in a note.
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Asia stocks set to end week higher, dollar slides after Fed
Fri, Mar 17, 2017
"The story in global markets over the past 24 hours has centred on a broad-based tightening of monetary policy conditions (and the perception of future tightening)," Chris Weston, chief market strategist at IG in Melbourne, wrote in a note.
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Asia shares off to cautious start as Fed rate hike looms
Mon, Mar 13, 2017
"The markets are focusing on when the Fed will raise rates next time or the pace of its rate hike, so the tone of Fed Chair Janet Yellen will be closely watched," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management.
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Asia stocks try to share Wall St. joy, U.S. yields a burden
Wed, Nov 23, 2016
Emerging market shares have struggled in recent days as surging U.S. bond yields sucked much-needed capital out of Asia. President-elect Donald Trump`s past talk of trade tariffs has also weighed on sentiment in the export-intensive region.
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