TOKYO (dpa-AFX) - The Japanese market is trading sharply lower on Thursday, snapping the three-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,500 level, with weakness in technology stocks partially offset by gains…
Anker Innovations Technology Shares Make Muted Debut in Hong Kong
U.S. stock futures traded mixed in the overnight session late Wednesday after closing lower amid a selloff in technology and chip stocks on the first trading day of July ahead of the latest non-farm payrolls report.Nasdaq 100 futures increased 0.30%, S&P 500 futures climbed 0.06%, while Dow futures…
The Shanghai Composite slipped 1.4% to 4,054 on Thursday, snapping a three-day winning streak, while the Shenzhen Component tumbled 2.7% to 15,678, extending losses from the previous session.Both benchmarks were pressured by a broad selloff in technology stocks as investors reassessed the sustainab…
Indian benchmark indices are poised for a positive start on July 2, taking cues from GIFT Nifty, which was trading around 24,181.50 in early trade.Track the latest updates on GIFT Nifty right here on MoneycontrolIndian benchmark indices snapped a two-day losing streak to end with healthy gains on J…
Round-up of South Korean financial markets:** South Korean shares tumbled more than 6% on Thursday, weighed down by a global selloff in chipmakers as Meta Platforms' plan to sell computing power raised questions over excess AI capacity. The won weakened, while the benchmark bond yield rose.** The b…
The benchmark KOSPI slipped nearly 4% to around 7,990 on Thursday, extending losses to its lowest level in three weeks, as a global selloff in AI-related semiconductor stocks pressured market heavyweights.The decline followed sharp overnight losses in US chipmakers after concerns over the sustainab…
ChiNext Price Index Opens 2.9% Lower at 4135.34
Shenzhen Composite Index Opens 1.9% Lower at 2798.11
Hang Seng Index Opens 0.8% Higher at 23071.43
Hang Seng Tech Index Opens 1.3% Higher at 4528.24
Shanghai Composite Index Opens 1.4% Lower at 4054.09
SK Hynix KRX:000660 said on Thursday it aims to open its M17 fab, a new NAND memory chip factory in the South Korean city of Cheongju in the first half of 2029.
Australian shares extended declines on Thursday, following weak domestic housing data released in the previous session, while Northern Star Resources jumped on appointing a new CEO a month after activist investor Elliott built a stake in the gold miner.The S&P/ASX 200 index ASX:XJO fell 0.5% to 8,6…
BEIJING (dpa-AFX) - The China stock market has tracked higher in three straight sessions, gathering almost 90 points or 2.2 percent along the way. The Shanghai Composite Index now sits just above the 4,110-point plateau although it's expected to open under water on Thursday.The global forecast for…
After a selloff in US chipmakers rekindled worries that the AI-driven rise has overtaken fundamentals, Asian markets declined.South Korea's KOSPI stumbled down the trading stairs, falling over 6% in early trade. Japan's coveted Nikkei 225 also fell, shedding over 2% of its value.The MSCI Asia Pacif…
Malaysia's technology sector could see further earnings growth and positive estimate revisions, Hong Leong IB analysts Toh Woo Kim and Sam Jun Kit say in a note. Their four key investment themes are expected to gain momentum into 2H. These are a recovery in analog chips, stronger semiconductor equi…
FTSE Bursa Malaysia KLCI Index Opens 0.1% Higher at 1658.82
FTSE Straits Times Index Opens 0.4% Higher at 5180.21
Australian shares slid 41 points, or 0.5%, to 8,680 in early trade on Thursday, marking a third straight decline and touching their lowest in nearly three weeks.Sentiment soured after Wall Street opened July on a weak footing overnight, as investors trimmed chipmaker holdings.Locally, caution built…
