Turkey stocks head south at close of trade
On Friday, Turkey stocks headed south after the close due to the fact losses in the Tourism, Transport, and Real Estate Investments sectors led shares down…
Asian equities are narrowly mixed in quiet trade
On Thursday, Asian equities were narrowly mixed, with mere movement with Hong Kong carrier Cathay Pacific in the spotlight.
The Nikkei 225 went down 0.07%, Australia's S&P/ASX 200 sank 0.07%, the Hong Kong index stood intact, and the Shanghai Composite soared 0.38%.
A first-half loss of HKD 2.05 billion – that’s what Cathay Pacific reported on Thursday. The company attributed its mediocre performance in the first half of 2017 to surging competition as well as higher fuel prices. The company’s equities stood still.
Overnight, American shares concluded higher, shaking off poor American housing data along with earlier dismal sentiment following Donald Trump's intention to have his manufacturing council disbanded amid a raft of CEO exits.
Then, traders shifted their attention to the minutes from the Fed’s July gathering later in the trading session that showed members were split on the path of rate lifts considering the slowdown in inflation.
Similar
Asian stocks drift away from nine-month maximum
On Thursday, Asian stocks went down after losses on Wall Street, although trade was subdued due to the fact that market participants waited for business polls in the European Union and were mostly on the sidelines ahead of the long Easter weekend holiday…
Wall Street is intact
On Wednesday, Wall Street's key indexes stood still because a Qualcomm-led soar in chipmakers was compensated by a dive in healthcare shares for the second straight trading marathon, although quarterly gains came in largely positive…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan real wages surge is slowest in almost two years
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Deposit with your local payment systems
