Asian equities extend the rally on Friday as the US job data helped ease concerns about the labor market. The recent US employment market report eased fears of a US recession. The hotter Chinese CPI inflation boosts the Asian markets, with the Hang Seng Index leading gains. Most of Asian stock markets trade in positive territory on Friday, bolstered by positive US Initial Jobless Claims and hotter-than-expected Chinese Consumer Price Index inflation data.
China has three important indices: the Hong Kong Hang Seng, the Shanghai Composite and the Shenzhen Composite. As a big emerging economy, Indian equities are also catching the attention of investors, who increasingly invest in companies in the Sensex and Nifty indices. What are the main sectors represented in Asian stock markets? Asia’s main economies are different, and each has specific sectors to pay attention to.
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.
Asian stocks rise on cooling recession fears, positive China inflationAsian stocks rise on cooling recession fears, positive China inflation
Source: Investingcom - 🏆 450. / 53 Read more »
Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit recordAsian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record. U.S. futures fell and oil prices were little changed. The S&P 500 climbed 0.6% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average leaped 1.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
Source: wjxt4 - 🏆 246. / 63 Read more »