TOKYO: Japan's Nikkei share average rose on Thursday, buoyed by tech shares, with index heavyweight Tokyo Electron jumping after it forecast strong profits for this fiscal year. The Nikkei ended 0.5 percent higher at 22,319.61 points. Semiconductor equipment maker Tokyo Electron jumped 8.4 percent and was the third most traded stock...
TOKYO: Tokyo stocks rose on Friday in light trade as receding fears of more aggressive U.S. interest rate hikes boosted sentiment, with defensive shares such as construction and utilities outperforming. The benchmark Nikkei ended 0.7 percent higher at 21,892.78. For the week, it was up 0.8 percent, rising for two...
TOKYO: Japan's Nikkei share average edged up on Wednesday in choppy trade as chip stocks and other exporters were boosted by steady dollar-yen levels, offsetting weakness in financial stocks such as insurers, brokers and banks. The Nikkei ended 0.3 percent higher to 21,970.81, after moving in and out of negative...
LONDON: European shares retreated on Wednesday, under pressure from a continued rise in bond yields, though well-received results from telecom companies, bank Lloyds and miner Glencore helped limit the declines. Europe's pan-European STOXX 600 index was down 0.6 percent by 0954 GMT, while Germany's DAX also fell 0.7 percent. Another milestone...
TOKYO: Japan's Nikkei share average rose significantly on Thursday as investors bought back recently-battered stocks after U.S. markets climbed overnight, shrugging off stronger-than-expected inflation data. The Nikkei ended 1.5 percent higher at 21,464.98, after tumbling to a four-month low on Wednesday and briefly dipping below its 200-day moving average. A total...
KARACHI: "Matco Foods Limited, one of Pakistan's largest Basmati rice exporter was formally listed on today on the Pakistan Stock Exchange (PSX)", said Faizan Ghori (CFA), Director of Finance. The Gong Ceremony on the occasion of formal listing of Matco Foods Limited was held today at the PSX, with Jawed...
KARACHI: The KSE-100 Index started the week in the red, ending 294 points lower amid lack of positive triggers and profit-booking on Monday. Trading began on a positive note with the KSE-100 rising to an intra-day high of 43,900, but lack of interest on the part of institutional investors and profit-booking...
KARACHI: Stocks rebounded sharply following Tuesday’s panic selling as the benchmark index gained to close above the 44,000 mark. The KSE-100 Index shot up as soon as trading began, increasing 414 points to hit an intra-day high of 44,299.87. The positivity came on the back of recovery in international markets, which...
Nikkei takes breather after hitting 26-year high; exporters weak TOKYO: Japan's Nikkei share average took a breather on Wednesday morning after rising to a fresh 26-year high in the previous session, as weakness in exporters such as Murata and Fanuc offset gains in real estate stocks. The Nikkei dropped 0.4 percent...
Nikkei edges lower; Fast Retailing's gains limit losses TOKYO: Japan's Nikkei share average edged lower on Friday as weakness in exporters weighed on the index, but strong gains in index-heavy Fast Retailing on record quarterly profit limited the losses. The Nikkei ended 0.2 percent lower at 23,653.82, slightly below its 5-day...
Results drive sharp moves in European stocks LONDON: European share trading got off to a hesitant start on Thursday as concerns over protectionism and a bond market sell-off made the breakneck New Year rally in equities fizzle out. Results drove the bulk of stock moves, with some disappointments weighing heavily. The pan-European...