Equities of the Asia-Pacific region go up

Equities of the Asia-Pacific region go up

On Tuesday, stock indices of the Asia-Pacific region demonstrated moderate surge during the weakened holiday trade. It’s because many of the region's markets are unavailable due to Labor Day celebrations. Investors were pleased with the news that America extended for one month the term, appointed before May 1, on exemption from tariffs for steel and aluminum for its allies.

The Australian market increases revenue from the previous trading session, notwithstanding the weak replica of Wall Street. Additionally, market participants are waiting for the decision of the Reserve Bank of Australia on monetary policy later today.

In the banking space, the shares of Westpac and National Australia Bank tacked on by nearly 1%. Besides this, ANZ Banking posted a 14% soar in its statutory profit for the first half of the year, while cash profit dived by 16%. As for the bank's shares, they headed north by 0.4%.

The market value of Woodside Petroleum and Oil Search gained more than 1%, while Santos rallied 0.5% against the background of strengthening crude prices.

Shares of BHP Billiton went up by approximately 0.3%. Equities of Fortescue Metals jumped by more than 1%, while Rio Tinto soared by 0.6%.

The Japanese market, which was unavailable on Monday, is tacking on after a weak start of trading.

The main exporters are traded with a decrease on the background of the appreciation of the Japanese yen. Equities of Sony tumbled by more than 6%, Mitsubishi Electric lost 4%, Panasonic decreased 2%, while Canon went down 0,2%.

In the technical space, Advantest rallied nearly 5%, while Kyocera managed to acquire more than 2%.

As for other Asian countries, stocks in New Zealand have decreased a bit. Additionally, financial markets in South Korea, China, Hong Kong, Singapore, Indonesia, Malaysia, Taiwan, the Philippines as well as Thailand are unavailable for Labor Day celebration.

Similar

American futures tack on

On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera