nehathakur
Newbie
- Messages
- 5
- Likes
- 0
MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent but within a stone's throw of Wednesday's three-year peak.
Asian market update
- Thread starter Ritika Sharma
- Start date
- Watchers 16
nehathakur
Newbie
- Messages
- 5
- Likes
- 0
Gold fell further below a five-month high on Thursday, hurt by profit-taking ahead of the European Central Bank's decision on stimulus measures, and strength in Asian equities that dented the metal's safe-haven appeal.
epic_research
Member
- Messages
- 52
- Likes
- 0
Asian stock markets started Thursday on a positive note, following an inspiring lead from Wall Street overnight amid bets that the European Central Bank (ECB) will launch an aggressive stimulus package at today’s policy meeting.
Supported by a slightly weaker yen, Japan’s key Nikkei 225 index edged up in early trade. The local currency traded at 118.07 against the US dollar, compared to Wednesday’s close of 117.93.
Toyota Motor was in focus after forecasting lower vehicle sales for 2015 as demand slumped in Japan, China, Indonesia and other key markets. Shares of the world’s top-selling automaker inched up 0.1 percent at the open, while other carmakers like Nissan and Honda crept up 0.5 and 0.2 percent. Suzuki Motor underperformed with a loss of 1.2 percent.
South Korean shares were higher early Thursday, with index heavyweights leading the way. Samsung Electronics, the heaviest weighted stock on the Kospi index, opened up 0.1 percent while steelmaker Posco tacked on 2 percent.
Supported by a slightly weaker yen, Japan’s key Nikkei 225 index edged up in early trade. The local currency traded at 118.07 against the US dollar, compared to Wednesday’s close of 117.93.
Toyota Motor was in focus after forecasting lower vehicle sales for 2015 as demand slumped in Japan, China, Indonesia and other key markets. Shares of the world’s top-selling automaker inched up 0.1 percent at the open, while other carmakers like Nissan and Honda crept up 0.5 and 0.2 percent. Suzuki Motor underperformed with a loss of 1.2 percent.
South Korean shares were higher early Thursday, with index heavyweights leading the way. Samsung Electronics, the heaviest weighted stock on the Kospi index, opened up 0.1 percent while steelmaker Posco tacked on 2 percent.