2024-05-27 15:02:57

Asian Markets Show Resilience After Wall Street Rebound

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Asian shares mostly gained ground following a bounce-back in U.S. stocks, with Tokyo's Nikkei 225 climbing 0.3% and Seoul's Kospi rising by 0.7%. Taiwan's Taiex soared by 1.3% to hit a new all-time high, driven by robust demand for chip-related shares.

Amidst light trading volumes due to U.S. and UK holidays, Asian markets await crucial economic indicators such as Chinese industrial profits. Despite concerns over rising bond yields, global markets, including Hong Kong, remain optimistic, with stocks starting the week on a positive note, as seen with Vietnam's VN-Index rising by 0.46%.

The press radar on this topic:

Yahoo Finance
26. Mai 2024 um 21:49

Yahoo Finance

Finance
Politics
Economy
Asian markets face light trading volume due to U.S. and UK holidays, with focus on Chinese industrial profits and yen trading activity. Markets await key economic indicators like China industrial profits and Hong Kong trade data. Despite rising bond yields and hawkish central banks, global markets remain buoyant, with U.S. developments driving bullish momentum.
Yahoo Finance
27. Mai 2024 um 20:01

Asian Stocks Climb as Risk Sentiment Rebounds: Markets Wrap

Finance
Economy
Asian stocks rose as US consumer inflation expectations eased, supporting potential rate cuts by the Federal Reserve. Markets in Australia, South Korea, and Japan saw gains. Inflation data and central bank speeches are key events to watch this week.
Business - South China Morning Post
27. Mai 2024 um 02:53

Hong Kong stocks range-bound as investors weigh China industrial profits return to growth

Finance
Hong Kong stocks traded in a narrow range as investors weighed China's industrial profits returning to growth in April. The Hang Seng Index fell 0.5% after a significant drop the previous week, while the Shanghai Composite Index advanced 0.4%. Various companies experienced fluctuations in their stock prices, impacting the overall market sentiment.
Yahoo Finance
27. Mai 2024 um 03:28

Stock market today: Asian shares mostly higher after rebound on Wall St

Finance
Economy
Technology
Asian shares were mostly higher after U.S. stocks rebounded from a recent dip. Tokyo's Nikkei 225 added 0.3% and the Kospi in Seoul jumped 0.7%. Taiwan's Taiex surged 1.3% to a fresh record, driven by heavy buying of computer chip-related shares.
CW

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