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Friday 04th of July 2008
January 14, 2008

Taiex gains on opposition win in parliamentary elections

Taiex gains on opposition win in parliamentary elections

Most Asia-Pacific equities markets were lower Monday on continuing worries that the US economy is headed for a recession. The main exceptions were the Shanghai Composite and Taiwan’s Taiex index. The Taiex added 1.79 percent to 8,173.41 after the opposition party managed a big win in parliamentary elections. The Kuomintang party, which […]



November 12, 2007

Hang Seng drops almost 4 percent on China reports

Hang Seng drops almost 4 percent on China reports

Asia-Pacific region equities markets were down Monday on the expectation that banks will report further losses due to exposure to the US subprime mortgage crisis. The biggest loss among major indices came in Hong Kong, where the Hang Seng dropped 3.88 percent to 27,665.73, a loss of 1,117.68 points on the session. The […]



October 29, 2007

Sensex, Hang Seng close at new highs

Sensex, Hang Seng close at new highs

Equities markets in the Asia-Pacific region were higher again on Monday, with some indices reaching new records. In India, the Sensex rose above 20,000 for the first time, going as high as 20,024.67 during the session on record buying from investors in Europe and the United States. While the index dropped back below […]



October 17, 2007

Sensex declines on proposed new rules

Sensex declines on proposed new rules

Equities markets in Asia and the Pacific were mixed on Wednesday, with most major markets seeing declines on the session. The most notable decline came in India, where the Sensex dropped 1.76 percent to 18,715.82 after dropping nearly 10 percent at one point in the day, forcing trade to stop for an hour. […]



October 5, 2007

Miners lead gains in London

Miners lead gains in London

Miners led the way in London as the FTSE 100 added 0.73 percent to 6,595.8 and the FTSE 250 gained 0.18 percent to 11,390.4. Anglo American (LSE: AAL) was up 2.92 percent to £33.43 and Antofagasta (LSE: ANTO) was 3.25 percent higher to 826p, while Kazakhmys (LSE: KAZ) turned in the best performance on […]



September 24, 2007

Australia markets higher on miners

Australia markets higher on miners

In Australia on Monday the Sydney Ordinaries added 1.41 percent to 6,461.1 and the S&P/ASX200 was up 1.47 percent to 6,451.5. The gains came on a report that miner BHP Billiton (ASX: BHP; NYSE: BHP; LSE: BLT) will soon say that it has found a large new deposit of gold in South Australia. […]



September 12, 2007

Tokyo markets lower on political upheaval

Tokyo markets lower on political upheaval

Asia-Pacific equities markets were mixed Wednesday. Gainers included the Taiex index in Taiwan, which added 0.17 percent to 9,018.12. The Straits Times index gained 0.33 percent to 3,506.09 in Singapore, while the Shanghai Composite was 1.15 percent higher to 5,172.63 and Hong Kong’s Hang Seng was up 1.49 percent to 24,310.14. On […]



September 10, 2007

US jobs data hurts Asia-Pacific markets

US jobs data hurts Asia-Pacific markets

Equities markets in the Asia-Pacific region were mixed on Monday, with losers outnumbering gainers. Many markets were hurt by news that there were fewer jobs in the United States in August as well as on new data showing that Japan’s economy contracted by an annualized rate of 1.2 percent in the second quarter of […]



September 5, 2007

Hang Seng closes above 24,000 for first time

Hang Seng closes above 24,000 for first time

Asia-Pacific equities markets were mixed again on Wednesday. In Hong Kong, the Hang Seng closed above the 24,000 level for the first time, ending the session 0.77 percent higher to 24,069.17. Other gainers on the day included the Shanghai Composite, which added 0.31 percent to 5,310.72 and the Straits Times index in Singapore, […]



September 4, 2007

Tokyo markets down on utilities, real estate

Tokyo markets down on utilities, real estate

Equities markets in the Asia-Pacific region were mixed Tuesday, but mostly lower than higher. India’s Sensex added 0.28 percent to 15,465.4, while in Australia the Sydney Ordinaries gained 0.39 percent to 6,297.1 and the ASX/S&P200 was up 0.41 percent to 6,293.3. Otherwise, markets were lower. The Hang Seng index was 0.08 percent […]