All posts in " Market Talk "

Market Talk June 26, 2023

June 26, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 82.73 points or -0.25% to 32,698.81 Shanghai decreased 47.28 points or -1.48% to 3,150.62 Hang Seng decreased 95.84 points or -0.51% to 18,794.13 ASX 200 decreased 20.50 points or -0.29% to 7,078.70 Kospi increased 12.10 points or 0.47% to 2,582.20 […]

Market Talk – June 23, 2023

June 23, 2023

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 483.34 points or -1.45% to 32,781.54 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 328.38 points or -1.71% to 18,889.97 ASX 200 decreased 96.30 points or -1.34% to 7,099.20 Kospi decreased 23.60 points or -0.91% to 2,570.10 […]

Market Talk – June 22, 2023

June 22, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 310.26 points or -0.92% to 33,264.88 Shanghai closed Hang Seng closed ASX 200 decreased 119.40 points or -1.63% to 7,195.50 Kospi increased 11.07 points or 0.43% to 2,593.70 SENSEX decreased 284.26 points or -0.45% to 63,238.89 Nifty50 decreased 85.60 points […]

Market Talk – June 21, 2023

June 21, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 186.23 points or 0.56% to 33,575.14 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 388.73 points or 1.98% to 19,218.35 ASX 200 decreased 42.90 points or -0.58% to 7,314.90 Kospi decreased 22.28 points or -0.86% to 2,582.63 […]

Market Talk – June 20, 2023

June 20, 2023

ASIA:   The People’s Bank of China has taken steps to stimulate economic growth by cutting two key lending rates for the first time in 10 months. The one-year loan prime rate was reduced by 10 basis points from 3.65% to 3.55%, and the five-year loan prime rate was lowered from 4.3% to 4.2%. These […]

Market Talk – June 15, 2023

June 15, 2023

  ASIA:   China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said last Friday, in line with […]

Market Talk – June 14, 2023

June 14, 2023

ASIA: India’s wholesale price-based inflation fell by 3.48 per cent in May on an annual basis as against a contraction of 0.92 per cent in April, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry stated on Wednesday. The inflation rate for the food index witnessed a contraction of 1.59 […]

Market Talk – June 13, 2023

June 13, 2023

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 584.65 points or 1.80% to 33,018.65 Shanghai increased 4.84 points or 0.15% to 3,233.67 Hang Seng increased 117.11 points or 0.60% to 19,521.42 ASX 200 increased 16.40 points or 0.23% to 7,138.90 Kospi increased 8.60 points or 0.33% to 2,637.95 […]

Market Talk – June 12, 2023

June 12, 2023

ASIA:   The 10th Arab-China Business Conference commenced with the signing of 30 investment agreements totaling $10 billion in various sectors. These agreements cover areas such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare. The Saudi government signed deals with multiple Chinese entities, encompassing projects like automotive research and development, tourism […]

Market Talk – June 9, 2023

June 9, 2023

ASIA:   Inflation in China stayed at low levels in May, as the economy struggles to recover even after its strict Covid lockdown measures lifted late last year. Producer price index in May fell 4.6%, marking the steepest year-on-year drop in seven years, when producer prices saw a year-on-year drop of 7.2% in May 2016. […]

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