Investing.com-- Most Asian stocks rose on Thursday, recovering a measure of steep losses clocked over the past two sessions, although sentiment still remained fragile after a devastating earthquake in Taiwan.
Trading volumes in Asian markets were somewhat muted on account of market holidays in China and Hong Kong.rose 1.5% on Thursday, rebounding back above the 40,000 level after clocking three straight days of losses. The index was pressured by a mix of profit-taking, while signs of higher Japanese inflation also drove up concerns over more hawkish measures from the Bank of Japan.greatly benefited export-oriented Japanese stocks, which were a key driver of the Nikkei’s gains on Thursday.
The RBI meeting also comes just weeks before the 2024 India general elections, where incumbent Prime Minister Narendra Modi will be contesting for a third consecutive term. Investors have largely welcomed Modi’s business-first policies over his past 10 years of rule. The Indian economy was also the fastest-growing major economy over the past two years- a trend that saw the Nifty clock a series of record highs.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsAsian shares were mixed in muted trading, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225 finished little changed Tuesday. Shares fell in Sydney, but rose in South Korea and China. Wall Street edged back further from its record heights reached last week. The S&P 500 slipped 0.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
Source: AP - 🏆 728. / 51 Read more »