Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Markets

News : Markets
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

ASIA MARKETS: Asian Markets Gain As Bank Of Japan Maintains Steady Guidance

share with twitter share with LinkedIn share with facebook
share via e-mail
07/29/2019 | 11:24pm EDT

By Marketwatch and Associated Press

Nikkei, Hang Seng rise ahead of U.S.-China trade talks

Asian markets gained in early trading Tuesday, ahead of the first round of trade negotiations between the U.S. and China since early May.

Talks are scheduled to begin Tuesday in Shanghai, though expectations are low . "I don't know if they're going to make a deal," President Donald Trump said last week. "Maybe they will, maybe they won't."

Investors were also watching two influential central banks. The Bank of Japan announced Tuesday that it will leave its monetary policy unchanged, as expected, and maintained its guidance of extremely low rates at least through spring 2020, while noting it would not hesitate to take easing action if necessary. Traders had been looking for indications of future easing in the wake of the European Central Bank's signal last week of a potential rate cut to come. Meanwhile, the U.S. Federal Reserve is expected to announce a small rate cut on Wednesday , its first since 2008.

Japan's Nikkei rose 0.7% and Hong Kong's Hang Seng Index gained 0.5%. The Shanghai Composite advanced 0.7% while the smaller-cap Shenzhen Composite surged 1%. South Korea's Kospi rose 0.7%. Taiwan's Taiex slipped, while benchmark indexes in Singapore and Indonesia gained. Australia's S&P/ASX 200 advanced 0.2%.

Among individual stocks, robotics maker Fanuc rose in Tokyo trading, as did chip maker Tokyo Electron and Hitachi . In Hong Kong, Sunny Optical , Ping An Insurance and Wharf Real Estate posted sold gains. Samsung advanced in South Korea, while LG Electronics slipped. In Australia, Beach Energy and BHP ticked up.

Stocks mentioned in the article
ChangeLast1st jan.
BEACH ENERGY LIMITED -0.43% 1.15 End-of-day quote.-54.18%
BHP GROUP -4.04% 28.98 End-of-day quote.-25.54%
FANUC CORPORATION -2.01% 14655 End-of-day quote.-2.88%
HANG SENG 0.65% 23224.48 Real-time Quote.-18.15%
HITACHI, LTD. 1.09% 3143 End-of-day quote.-0.25%
KOSPI COMPOSITE INDEX 1.09% 1725.14 Real-time Quote.-22.40%
LG ELECTRONICS INC. -0.62% 48200 End-of-day quote.-1.83%
NIKKEI 225 -1.37% 17818.72 Real-time Quote.-18.04%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. 0.03% 69.17 End-of-day quote.-1.34%
S&P/ASX 200 -1.98% 5154.3 Real-time Quote.-27.55%
S&P/CITIC 300 INDEX 0.09% 3270.02 Delayed Quote.-9.47%
S&P/CITIC 50 INDEX 0.12% 3316.15 Delayed Quote.-12.49%
SAMSUNG ELECTRONICS CO., LTD. -0.21% 47750 End-of-day quote.-0.52%
SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED 2.45% 104.4 End-of-day quote.-0.38%
TOKYO ELECTRIC POWER COMPANY HOLDINGS, INCORPORATED -5.51% 377 End-of-day quote.-5.75%
TOKYO ELECTRON LIMITED 0.30% 20355 End-of-day quote.-2.12%
WHARF REAL ESTATE INVESTMENT COMPANY LIMITED 4.76% 31.9 End-of-day quote.4.25%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Markets"
06:22aU.S. Stock Futures Rebound, Oil Surges
DJ
05:12aLONDON STOCK EXCHANGE : Oil majors pull FTSE 100 up; coronavirus fears persist
RE
04:13aGlobal Stocks Steady After Selloff, Oil Leaps 10%
DJ
04/01WALL STREET STOCK EXCHANGE : Stocks Close Down 4% as Second Quarter Starts With More Losses
DJ
04/01WALL STREET STOCK EXCHANGE : Stocks Close Down 4% as Second Quarter Starts With More Losses
DJ
04/01WALL STREET STOCK EXCHANGE : Stocks Fall 5% as Second Quarter Starts With More Losses
DJ
04/01WALL STREET STOCK EXCHANGE : U.S. Stocks Fall as Second Quarter Starts With More Losses
DJ
04/01WALL STREET STOCK EXCHANGE : U.S. Stocks Fall as Second Quarter Starts With More Losses
DJ
04/01WALL STREET STOCK EXCHANGE : U.S. Stocks Extend Fall in Midday Trading
DJ
04/01WALL STREET STOCK EXCHANGE : U.S. Stocks Fall After Trump Issues Warning on Pandemic
DJ
Latest news "Markets"