Japanese Market Significantly Lower
TOKYO (dpa-AFX) - The Japanese stock market is significantly lower on Tuesday, extending the slight losses of the previous session, with the benchmark Nikkei index below the 28,800 level, as traders digested local data that showed unemployment rate increased. The news on another impending state of emergency in Tokyo and other areas due to signs of a resurgence in COVID-19 infections is also dampening sentiment. The cues from Wall Street overnight were mixed.
The benchmark Nikkei 225 Index is losing 271.47 points or 0.93 percent to 28,776.55, after hitting a low of 28,735.81 earlier. Japanese shares closed slightly lower on Monday.
Market heavyweight SoftBank Group is losing more than2 percent and Uniqlo operator Fast Retailing is down 1 percent. Among automakers, Honda is losing more than 2 percent, Toyota is down almost 2 percent and Nissan Motor is declining more than 2 percent.
Asian Markets Mostly Lower Amid COVID-19 Resurgence
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders were nervous about a resurgence of COVID-19 cases in Asia. a spike in coronavirus cases across several markets in the region over the weekend led to lockdowns and restrictions in some areas as well as new travel curbs in some parts of the world. Asian stocks ended on a muted note Monday.
The Australian stock market is modestly lower on Tuesday, after ending flat in the previous session, with the benchmark S&P/ASX 200 staying below the 7,300 level, as traders braced for further updates on a worsening domestic coronavirus situation in some states. Stocks across most sectors are weak with only technology stocks, following their peers on the tech-heavy Nasdaq, providing a boost. The cues from Wall Street overnight were mixed.
Tokyo stocks close flat as tech issues drop, upcoming economic data eyed - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
Asian Markets Treading Higher
CANBERA (dpa-AFX) - Asian stock markets are trading higher on Friday, following the broadly positive cues overnight from Wall Street after US President Joe Biden accepted a bipartisan Senate deal to spend US$579 billion on infrastructure projects that renewed buying interest amid optimism for economic recovery. Asian markets ended mostly higher on Thursday.
Australian stock market is marginally higher on Friday, recouping the losses of the previous session, with the benchmark S&P/ASX 200 breaking above the 7,300 level, following the broadly positive cues overnight from Wall Street. Strong gains in mining and financial stocks offset weakness in technology and energy stocks.
TOKYO (dpa-AFX) - The Japanese stock market is modestly higher on Friday, extending the slight gains in the previous session, with the benchmark Nikkei 225 breaking back above the 29,000 mark,