Hong Kong shares close higher

Hong Kong stocks closed higher Friday, with Chinese shares ending above water for the first time this week as the weak yuan currency defied US President Trump’s attack on a strong dollar.

The Hang Seng Index rose 0.76 percent, or 213.62 points, to 28,224.48.

The benchmark Shanghai Composite Index gained 2.05 percent, or 56.72 points, to end at 2,829.27 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.12 percent, or 17.72 points, to 1,593.30.

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Sumber : bpfnews.com

U.S. Stocks Inch Higher as Microsoft Results Overshadow Ongoing Trade Uncertainty

U.S. stocks rose slightly on Friday, with technology stocks leading the day’s advance following strong results from Microsoft, one of the industry’s most closely watched bellwethers.

Major indexes inches higher throughout the session, erasing an early decline that came as new questions surrounding government policy on both trade and the dollar cooled buying appetite.

The Dow Jones Industrial Average rose 41 points, or 0.2%, to 24,106. The S&P 500 index was up 4 points to 2,808, an increase of 0.1%. The Nasdaq Composite Index which has an outsize exposure to large tech stocks, was up 33 points to 7,858, a gain of 0.4%.

For the week, the Dow is up 0.3% while the S&P is up 0.2%. The Nasdaq is up 0.4%. All three are on track for their third straight weekly advance.

Source : Market Watch

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Tokyo Stocks Close Lower on Higher Yen, Trade Worries

Tokyo stocks closed lower on Friday on a higher yen, with investors cautious ahead of the beginning of Japan’s corporate earnings season and worries lingering over trade frictions.

The benchmark Nikkei 225 index lost 0.29 percent, or 66.80 points, to close at 22,697.88 while the broader Topix index was down 0.26 percent, or 4.61 points, at 1,744.98.

Source : AFP

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