Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asian benchmarks mostly slide as investors focus on earnings !

Stock market today: Asian benchmarks mostly slide as investors focus on earnings

Time:2024-05-21 12:09:28 source:International Interactions news portal

TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.”

Japan’s benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea’s Kospi dropped 1.4% to 2,637.18. Hong Kong’s Hang Seng gained nearly 0.1% to 17,215.51, while the Shanghai Composite was virtually unchanged at 3,044.41.

Trading was closed in Australia for a national holiday, Anzac Day.

Attention is also turning to the Bank of Japan, whose two-day monetary policy meeting started Thursday.

“For the record, heading into tomorrow’s policy decision, exceptional Japanese yen weakness is the agitated elephant in the room for the BOJ,” Tan Jing Yi of Mizuho Bank said in a commentary.

In currency trading, the U.S. dollar rose to 155.67 Japanese yen from 155.31 yen. The euro cost $1.0715, up from $1.0697.

Related information
  • With Djokovic awaiting the winner, Murray trails Hanfmann at rain
  • Protecting Wetlands for Human
  • Real Madrid hold off Leipzig to sneak into quarters
  • Building a Beautiful Home
  • Red Lobster seeks bankruptcy protection after closing some restaurants
  • China cruises past Mongolia on Asiad men's basketball opening day
  • Tianhetan: 'Bonsai of Guizhou's Mountains and Water'
  • Weifang: A City of Crafts and Folk Arts
Recommended content
  • Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
  • Passionate Dream Chaser — Teacher Strives to Improve China's Rural Education
  • Working on Farms in Africa Full of Challenges, Pleasure
  • Chinese Woman Reaches Peak of Neuroscience Research
  • Amtrak train hits pickup truck in upstate New York, 3 dead including child
  • Peking Opera Costumes: A Display of History, Culture and Fine Craftsmanship