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Archive for the December 29, 2017

  • Tokyo shares slipped Thursday as the yen ticked up in thin trade with investors squaring positions ahead of New Year holidays. The Japanese currency drifted higher on lingering worries over North Korea's missile programme as

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Thursday’s early trade: Indexes slightly higher

    Wall Street's main indexes were slightly higher in late morning trading on Thursday, helped by gains in technology stocks. A mere 0.4 percent rise in Apple led the three indexes higher, an indication of the

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Wall Street edges up as tech snaps skid

    US stocks eked out a slight gain on Wednesday, as advances in some major technology stocks offset losses in energy and helped keep major indexes just above the unchanged mark. The S&P technology index was

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  • Hong Kong's benchmark stock index rose for a fourth session in a row on Thursday, amid bullish sentiment in the region that pushed Asian stocks to their highest level in a month. At close of

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Year-end portfolio rebalancing boosts bond prices

    US Treasuries prices gained on Wednesday as investors rebalanced portfolios before year-end, though the Treasury Department saw weak demand for a $34 billion sale of five-year notes. The rally was seen as likely prompted by

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Year-end portfolio rebalancing boosts bond prices

    US Treasuries prices gained on Wednesday as investors rebalanced portfolios before year-end, though the Treasury Department saw weak demand for a $34 billion sale of five-year notes. The rally was seen as likely prompted by

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Australian, New Zealand shares move up

    Australian shares ticked up to a near 10-year closing high on Thursday, driven by financials while materials rode higher on stronger commodities prices. The S&P/ASX 200 index rose 0.3 percent or 18.2 points to close

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  • Indian shares ended lower for a second straight session on Thursday ahead of the expiry of derivatives contracts and on lingering concerns over government borrowing exceeding target. The BSE index dropped 0.19 percent to 33,848.03,

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  • China stocks rallied on Thursday, underpinned by robust gains in consumer and materials firms. At the close, the Shanghai Composite index was up 21.42 points or 0.65 percent at 3,297.21. The blue-chip CSI300 index was

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on European shares drift into year-end as resources stocks glitter

    European shares inched lower on Thursday with company news and macro events scarce in holiday-thinned trading, while Britain's FTSE 100 hovered just under a record high. The pan-European STOXX 600 index fell 0.3 percent, while

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