Asian Stocks Advance as Trade Talks to Resume, Dollar Weakens

Asian shares rose, paring a loss for the week, as China and the U.S. prepared for a new round of talks to ease trade tensions. The dollar extended its retreat to a one-week low.

The MSCI Asia Pacific Index climbed 0.5 percent to 161.91 as of 4:07 p.m. in Hong Kong, reducing its weekly drop to 2.2 percent. Japan’s Topix gained 0.6 percent, while South Korea’s Kospi added 0.3 percent. Hong Kong’s Hang Seng China Enterprises Index rose 0.3 percent after the offshore yuan on Thursday jumped the most since January 2017.

Bloomberg

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Asian Stocks Advance as Trade Talks to Resume, Dollar Weakens

Asian shares rose, paring a weekly loss, as China and the U.S. prepared for a new round of talks to ease trade tensions. The dollar extended its retreat to a one-week low.

The MSCI Asia Pacific Index climbed 0.5 percent to 161.84 as of 11:00 a.m. in Hong Kong, reducing its weekly drop to 2.2 percent. Japan’s Topix gained 0.7 percent, while South Korea’s Kospi added 0.3 percent. Hong Kong’s Hang Seng China Enterprises Index rose 0.5 percent after the offshore yuan on Thursday jumped the most since January 2017.

Technology and financial shares were among the region’s best performers. The MSCI Asia Pacific Information Technology Index snapped a five-day losing streak to gain 0.7 percent, boosted by Tencent Holdings Ltd. and Taiwan Semiconductor Manufacturing Co. A financial sub-gauge of the Asian benchmark advanced 0.8 percent.

Source : Bloomberg

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Nikkei rises on U.S.-China trade talks; chip-related stocks fall

Japan’s Nikkei rose on Friday morning as trade tensions appeared to ease and gains in U.S. shares supported sentiment, but chip-related stocks fell after Applied Materials disappointed investors with worse-than-expected earnings forecasts overnight.

The Nikkei share average rose 0.5 percent to 22,303.69 in midmorning trade. The benchmark index is on track to end the week little changed, following two straight weeks of declines.

Investors await developments in the U.S.-China trade conflict after the two countries said on Thursday they would hold lower-level trade talks next week.

The broader Topix added 0.6 percent to 1,697.11.

Source : Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

1 2 3 188