Market Report - Asia
Bourses around the region were mostly higher on Wednesday even after the head of the US central bank sounded a more hawkish note overnight and the head of US vaccine maker Moderna said current vaccines would struggle with Omicron, the new variant of Covid-19.
Markets closed in a mixed state in Asia on Tuesday, with investors weighing renewed Covid-19 concerns as they thumbed through manufacturing data out of China that beat forecasts.
Stock markets were lower at the close in Asia on Monday, as investors watched for developments in the recently-discovered ‘Omicron’ variant of Covid-19.
Equities in Asia fell across the board on Friday, amid concerns around a new, mutated variant of Covid-19 that has emerged in Africa.
Markets closed in a mixed state in Asia on Thursday, with South Korean equities in focus after the Bank of Korea hiked interest rates.
Markets were mixed at the end of trading in Asia on Wednesday, as New Zealand’s central bank hiked interest rates for the second time in as many months.
Markets closed in a mixed state in Asia on Tuesday, with technology shares a particular point of pain in the region, as investors reacted to the news that US President Joe Biden had renominated Jerome Powell as chair of the Federal Reserve for a second term.
Markets closed in a mixed state in Asia on Monday, as China’s central bank stood pat on interest rates, sating market expectations.
Markets in Asia were mostly higher as they closed on Friday, with the Hong Kong bourse being the notable exception, as Alibaba fell through the floor after its latest earnings disappointed.
Equities were lower across the Asia-Pacific region on Thursday, with traders taking their cues from a weak showing on Wall Street overnight, as Chinese tech names tumbled.
Most equity markets in Asia closed in negative territory on Wednesday, as investors digested weak export data out of Japan, and looked to earnings from Chinese internet giant Baidu.
Markets were in a mixed state as they closed in Asia on Tuesday, as investors watched for developments from a virtual meeting between United States president Joe Biden and his Chinese counterpart Xi Jinping.
Asia Pacific stocks put in modest gains at the start of the week, buoyed by a raft of mostly better-than-expected macroeconomic data out of China and ahead of a virtual summit between the leaders of the US and China scheduled for Monday evening US time.
Markets in Asia finished in a higher state on Friday, with investors monitoring Chinese e-commerce plays after the hugely popular ‘Singles Day’ shopping event.
Stock markets in Asia closed in a mixed state on Thursday, with China Evergrande shares surging on reports it had paid some of its creditors amid ongoing concerns about its ability to service its debt.
Markets in Asia closed mostly lower on Wednesday, with another Chinese property developer in focus as its shares fell through the floor.
Equity markets were mixed in Asia on Tuesday, with Japanese technology investment behemoth SoftBank rocketing after it announced a massive share buyback.
Most equity markets in Asia closed lower on Monday, with the exception of mainland China, after official data showed exports from that country leaping much higher than expected in October.
Markets were mostly weaker in Asia on Friday, with the antipodean bourses the exception, as another Chinese property play found itself in the spotlight in Hong Kong.
Markets in Asia were almost all higher at the close on Thursday, as traders digested the latest central bank decision stateside, after the Fed confirmed plans to begin tapering its asset purchases overnight.