• Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Dividend Stocks Report
No Result
View All Result
Home Stock News

Asia-Pacific markets mixed as SoftBank stock soars; bitcoin touches new high

by
November 9, 2021
in Stock News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Related Posts

Stocks making the biggest moves midday: Peloton, AMD, Snap and more

Meta set to report fourth-quarter earnings after the bell

Biden and McCarthy clash ahead of White House debt ceiling meeting

Sports-betting giant DraftKings cuts 140 jobs as part of reorganization

SINGAPORE — Shares in Asia-Pacific were mixed in Monday trade following overnight gains on Wall Street that took the major indexes to record closing highs. Meanwhile, bitcoin touched a record high.

Shares of Japanese conglomerate SoftBank Group soared 10.24% after the firm announced Monday a plan to buy back up to one trillion yen ($8.83 billion) of its own shares. SoftBank on Monday reported a 398 billion yen ($3.5 billion) net loss in the three-month period ended Sept. 30.

Japan’s broader Nikkei 225 dipped 0.66% while the Topix index traded 0.65% lower.

Mainland Chinese stocks were mixed, with the Shanghai composite slipping fractionally while the Shenzhen component hovered above the flatline. Hong Kong’s Hang Seng index declined around 0.1%.

South Korea’s Kospi shed 0.28%. In Australia, the S&P/ASX 200 fell 0.1%.

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.1%.

Bitcoin surges to record high

Bitcoin rose to a record high during Asia trading hours, with the cryptocurrency trading at $68,400.88 as of 11:05 p.m. ET Monday, according to data from Coin Metrics. Ether also hit an all-time high, trading at $4,814.55.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.038 after a recent decline from above 94.2.

The Japanese yen traded at 112.82 per dollar, stronger than levels above 113.5 seen against the greenback yesterday. The Australian dollar was at $0.7401, still off levels above $0.75 seen last week.

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 0.1% to $83.35 per barrel. U.S. crude futures were mildly lower at $81.90 per barrel.

Wall Street record highs

All three major indexes on Wall Street advanced to record closing highs following the approval of an infrastructure spending package.

The Dow Jones Industrial Average climbed 104.27 points to 36,432.22 while the S&P 500 gained nearly 0.1% to 4,701.70. The Nasdaq Composite advanced fractionally to 15,982.36. Monday’s gains left all three major indexes closing at record highs.

The U.S. House of Representatives late Friday passed a more than $1 trillion infrastructure bill. First passed by the Senate in August, the package would provide new funding for transportation, utilities and broadband, among other infrastructure projects.

Next Post

Fed says China's real estate troubles could spill over to the U.S.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Stock News

Biden and McCarthy clash ahead of White House debt ceiling meeting

by
February 1, 2023
0

House Republican leader Kevin McCarthy speaks to reporters following a meeting with U.S. President Joe Biden and other congressional leaders...

Read more

Biden and McCarthy clash ahead of White House debt ceiling meeting

Meta set to report fourth-quarter earnings after the bell

Stocks making the biggest moves midday: Peloton, AMD, Snap and more

Electric truck maker Rivian to lay off 6% of its workforce as EV price war concerns grow

FedEx is laying off 10% of its officers and directors amid cooling demand

Sports-betting giant DraftKings cuts 140 jobs as part of reorganization

Load More

All rights reserved by www.dividendstocksreport.net

  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.