• 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 stocks mixed as omicron Covid variant uncertainty lingers

by
November 30, 2021
in Stock News
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Related Posts

S&P 500 futures fall 1.5% as benchmark gets set to close out worst first half since 1970

Walgreens quarterly sales, profit beat expectations as chain grows online sales

Nio can rebound in the second half on a strong product pipeline, Morgan Stanley says

5 things to know before the stock market opens Thursday

SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday trade as investors in the region continued to track developments surrounding the omicron variant.

Hong Kong’s Hang Seng index led losses among the region’s major markets, falling 1.09% by the afternoon.

Shares of Suncity Group in Hong Kong plummeted nearly 40% to 0.154 Hong Kong dollars ($0.02) per share after the firm’s chairman was recently arrested by Macao police for alleged links to illegal cross-border gambling activities.

Other Hong Kong-listed casino stocks also fell, with Wynn Macau down 4.31% while Sands China dropped more than 2% and SJM Holdings slipped 3.58%.

Mainland Chinese stocks were mixed, with the Shanghai composite up 0.23% while the Shenzhen component sat below the flatline.

Data released Tuesday showed Chinese factory activity unexpectedly growing in November, with China’s official manufacturing Purchasing Managers’ Index for November coming in at 50.1. That was above expectations by analysts in a Reuters poll for a reading of 49.6.

PMI readings below 50 represent contraction while those above that level signify expansion. PMI readings are sequential and represent month-on-month expansion or contraction.

Elsewhere, Japan’s Nikkei 225 rose 0.51% while the Topix index climbed 1.02%.

South Korea’s Kospi fell 1.07% while the S&P/ASX 200 in Australia jumped 1.05%.

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

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.69% to $73.95 per barrel. U.S. crude futures gained 1.09% to $70.71 per barrel.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.137 after rising to around 96.4 recently.

The Japanese yen traded at 113.61 per dollar, weaker than levels below 113.4 seen against the greenback yesterday. The Australian dollar was at $0.7144, still struggling to recover after last week’s drop from above $0.725.

Next Post

Billionaire George Soros Loads Up on These 3 "Strong Buy" Stocks

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

Bath and Body Works can more than double after falling 60%, Piper Sandler says

by
June 30, 2022
0

It's time to buy shares of Bath and Body Works , which is a "defensible growth story" that can more...

Read more

Bath and Body Works can more than double after falling 60%, Piper Sandler says

5 things to know before the stock market opens Thursday

Nio can rebound in the second half on a strong product pipeline, Morgan Stanley says

Walgreens quarterly sales, profit beat expectations as chain grows online sales

S&P 500 futures fall 1.5% as benchmark gets set to close out worst first half since 1970

Stocks making the biggest moves premarket: Walgreens, Constellation Brands, RH and others

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

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.