By the end of the trading session, the MSCI Asia Pacific index grew by 1.47% to 756.82 points. Japan’s Nikkei 225 saw growth by 2.05% to 9301.32 points. China’s Shanghai Composite increased by 1.54%, while Taiwan’s Taiex went up by 0.78%. South Corea’s Kospi gained 0.70%. India’s Sensex grew by 1.86%.
U.S. asset sales resumed today due to fresh information from the housing market. According to the National Association of Realtors, U.S. home sales in the secondary market collapsed by 27% with the forecast decline of 12%.
Hang Seng index fell to 21,072.46 points, losing +49.73 (0.24%) following yesterday’s trading session. Nikkei 225 was approximately 9,362.68 points. Today’s trading will be uncompromising.
Nikkei 225 will remain in the green zone today – the Open Knowledge analysts say. Nikkei 225 index will rise in price due to the U.S. stock market. Bullish trend will absorb Asia…
U.S. stock market remained in the red. The Dow Jones Industrial Average lost 0.01%, but still could not reach the green. The economic data put pressure on the market. Analysts say the lack of investor confidence for further action.
Hang Seng index and Nikkei 225 continue to move in the red zone today – the analysts believe. Asian stock markets followed the U.S. example. Hang Seng index and Nikkei 225 could lose about 1,5%.
Hang Seng index has completed trades at around 21,473.60, losing -327.99 (-1.50%). The Open Knowledge analytics believe that the Asian stock exchanges will go in the red zone today. Nikkei 225 will be reduced as well.
Bank of America Corporation (NYSE: BAC) is at its peak, completing trades at around 14.19 points yesterday. Favorable banking news provided an opportunity for Bank of America to complete trades, gaining +0.04 points (0.28%). Bank of America corp. futures up to 14.22 (+0.21%) today. Dow Jones Industrial futures grow in the range 0,1-0,25% in early pre-market. Meanwhile, The DJIA has completed trades at around 10,537.69 (0.12%) points yesterday.
Trading on the Tokyo Stock Exchange ended with the strong growth of quotations on the background of quarterly reports, as well as the weakening yen. Nikkei 225 did an incredible, playing the loss of the outgoing month.
The stock market remains volatile after a controversial U.S. trading. Trades in the stock exchanges in Asia will show the fall of quotations on the background of the outcome of trading in the U.S., disappointing macroeconomic data. Nikkei 225 and Hang Seng Index will fight for the green zone. Nikkei 225 has a greater chance of recovery than the Hang Seng index, which depends on the mood of industrialists.