Posts Tagged ‘hang seng’

Nikkei Futures Nikkei futures likely to continue its rising intraday trend, especially if the index futures may penetrate the first resistance at 9025. If this bullish scenario actually happens then 9100 and 9250 will be the initial target. But one thing to be observed is sideways pattern that occurred a few days is likely to continue despite the Nikkei futures capable of penetrating 9025. Assessment of whether ... Full story

Financeroll - Hong Kong shares gained on Wednesday, with the Hang Seng Index closing at the highest in about three weeks, but weak turnover and strength in defensives pointed to lingering caution ahead of a pivotal summit of euro zone leaders later this week. The Hang Seng Index closed up 1.58 percent at 19,240.58. The China Enterprises Index of top mainland companies ... Full story

Financeroll - Hong Kong's financial markets will close for the morning session due to Typhoon Nesat, the Hong Kong stock exchange said on Thursday. Trade will resume at 0530 GMT (1:30 pm local time) if the signal is cancelled before 0400 GMT (noon local time). If the signal ... Full story

Financeroll - Gold prices will likely average $2,025 a troy ounce in 2012 as investors are expected to continue to rush to safe-haven assets amid continuing concerns over the health of the euro-zone economy, Paul Bloxham, HSBC's chief economist (Australia and New Zealand), said Monday. However, prices will likely ... Full story

Financeroll - Hong Kong stocks fell sharply early Friday, with the Hang Seng Index adding to its 4.9% fall the previous day by losing another 1.9% to 17,568.20 in early trading. The Hang Seng China Enterprises Index lost 2.6%, and the Shanghai Composite was down 1.3%. With U.S. and European ... Full story

Financeroll - China's national pension fund, the National Council for Social Security Fund, has received regulatory approval to inject more than CNY10 billion ($1.56 billion) into the stock market, the Securities Times reported Friday, citing an unnamed source. The government is signalling that it remains confident in future economic ... Full story

Financeroll - Hong Kong shares were opened lower on Thursday, with several Chinese large caps leading losses, dragging the Hang Seng Index to its lowest since July 2009. The Hang Seng Index was set to open down 2.8 percent at 18,296.8, breaking below its previous trough at ... Full story

Financeroll - Hong Kong stocks moved sharply lower early Wednesday, giving back all of the previous session's gains in a broad-based decline. The Hang Seng Index dropped 1.5% to 18,738.60, while the Hang Seng China Enterprises Index was also down 1.5%, and on the Chinese mainland, the Shanghai Composite slipped 0.3%.... Full story

Financeroll - Bank of China Ltd. has halted foreign-exchange swaps with several European banks, according to reports Tuesday, though accounts differed as to the reason behind the move. Reuters reported Bank of China had halted such trades with Societe Generale SA, Credit Agricole and BNP Paribas SA, among others.... Full story

Financeroll - Hong Kong stocks rose in early Thursday trading, as some financial-sector stocks got a boost from German and French leaders voicing determination to keep Greece in the euro zone, easing concerns about that region's sovereign-debt crisis. The head of the European Commission said that the ... Full story