Asia-Pacific markets are mixed to start to the week as Chinese markets come back from a week-long Golden Week holiday. India’s inflation data rose 5.02% year-on-year for September, easing to a three-month low on the back of lower vegetable prices. JD.com shares sank 12.1% to HK$27.83 in early Friday trade in Hong Kong, underperforming the 2.1% loss on the benchmark Hang Seng Index. 24option forex broker review JD.com’s losses this year have halved its market capitalization from the start of the year. With some of the most populous countries in the world located in the Eastern Hemisphere, there are huge trading opportunities to be found on the exchanges in India, South Korea, Japan, and China. It’s important to note that many of the exchanges in Asia close for lunch every day.
- Using this information as a benchmark, Investec analysts believe that there is significant growth potential for a London-listed stock that the market may be underestimating.
- In South Korea, the Kospi lost 0.9%, to 2,458.05 after official data released on Friday showed unemployment rose to 2.6% in September from a historic low of 2.4% in August.
- We closely monitor the Tokyo Stock Exchange for changes to their trading hour.
We closely monitor the Tokyo Stock Exchange for changes to their trading hour. If you are aware of an upcoming change, please contact us. This itself explains very well the importance of keeping track. Even Asian markets like the Japanese and the Hong Kong index provide many indicators. As they open up before the Indian markets it is assumed that when they perform positively the Indian markets also follow suit. The Stock Market Timings of these exchanges are given below.
Hong Kong stocks rise for sixth session as Nikkei 225 increases
Asian shares were muted Tuesday over worries about a possible U.S. government shutdown and the troubled Chinese economy. A reporting season for S&P 500 companies is starting that could mark a return to profit growth following three straight quarters of declines. In South Korea, the Kospi lost 0.9%, to 2,458.05 after official data released on Friday showed unemployment rose to 2.6% in September from a historic low of 2.4% in August. The Hang Seng in Hong Kong slipped 2% to 17,875.33 from a five-week high, and the Shanghai Composite index fell 0.6% to 3,087.88. K-pop is a music phenomenon that stretches far beyond South Korea — and for investors wanting to cash in, there are just a few major agencies behind its more than 300 groups. Hong Kong’s trade declined at a slower rate in August, with imports and exports falling by 0.3% and 3.7% year on year respectively.
Leading the index’s losses is e-commerce giant JD.com, which slumped as much as 12% to its lowest in a year. Chow Tai Fook Jewelry fell 5.19%, and Haidilao lost 4.18%. Hong Kong’s Hang Seng Index fell more than 2%, dragged by the consumer cyclicals sector. In Japan, the Nikkei 225 slipped 0.55% to close at 32,315.99 and South Korea’s Kospi fell 0.95% to end at 2,456.15. The Johannesburg Stock Exchange (JSE) has acquired the South Africa Futures Exchange and the Bond Exchange of South Africa, so all of those assets are traded on the JSE. Holidays depend on the local calendar, so they are different for every location.
A barrel of benchmark U.S. crude gained 71 cents to $83.62 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was up 51 cents to $86.51 per barrel. Since their summertime leap and subsequent regression a couple weeks ago, crude oil prices have been shaky following the latest fighting in Gaza. The worry is the violence could lead to disruptions in the supply of petroleum. The stock market has largely been taking its cues from the bond market recently.
Trading in North America is generally based on the Eastern time zone no matter where the exchange is located. The exception is the Mexican Stock Exchange (BMV), which posts its hours in Central time but adjusts its hours to match those of the NYSE. The Market Capitalization, or total value of all shares of all securities traded on the Japan Exchange Group
is $5.9 trillion USD. The next Tokyo Stock Exchange
holiday is Culture Day
and will be observed on Friday, November 3, 2023
which is 3 weeks from now.
Hong Kong, Japanese stocks climb Thursday
China’s producer price index fell 2.5% from a year earlier, weaker than economists’ expectations for a 2.4% decline. The consumer price index was flat on an annual basis in September, data from the National Bureau of Statistics showed. It was below the median estimate for a 0.2% increase in a Reuters which python web frameworkdjango or django poll. Investors can also get international exposure by purchasing shares of U.S. companies with a big overseas presence. McDonald’s is an example of a multinational corporation offering access to dozens of markets. There are many ways to take advantage of investment opportunities across the globe.
Utilities stocks sink as Treasuries become more attractive to investors
Global benchmark Brent traded 4.53% higher at $88.33 a barrel Monday, while the U.S. West Texas Intermediate futures rose 4.69% to $86.63 per barrel. Singapore’s central bank kept its monetary policy unchanged for a second straight meeting, maintaining the rate of appreciation of its Singapore dollar nominal effective exchange rate policy band. A stock exchange is a marketplace or infrastructure that facilitates equity trading. The exchange is founded and managed by a corporation, private or public. It allows companies to list their stocks in its marketplace.
CNBC Pro: Birkenstock’s IPO is set to help boost another footwear stock by 65%, analyst says
Considering how scattered these markets are, it makes sense that the beginning and end of the Asian session are stretched beyond the standard Tokyo hours. GMT, accounting for the activity within these different markets. For this reason, a trader needs to be aware of times of market volatility and decide when it is best to minimize this risk based on their trading style. On Thursday, the chance of further tightening stood at just 33.1%, according to the CME FedWatch tool. The probability is derived from the actions of traders in interest rate futures markets, the CME says. Benchmark oil prices were higher on Sunday as stock futures fell, seemingly responding to the outbreak of war between Israel and Palestine.
Many exchanges around the world operate around the same hours as U.S. exchanges, but in local time. The headquarters of the trading exchanges are in New York City, Toronto, and Mexico City. The westernmost time zone is Mexico City, with the BMV trading within business hours of Central Standard Time (CST). However, even though the BMV trades on CST, the hours mirror those of the NYSE, what to expect from windsor brokers review so, all things considered, trade is open during the same time frame. Of course, the presence of scheduled event risk for each currency will still have a substantial influence on activity, regardless of the pair or its components’ respective sessions. The Asian/European sessions overlap, sometimes creating more volatility, due to increased trading activity during those hours.
North America Stock Market Hours
This was when it was one of the most important trading hubs under the Dutch East India Company. The Amsterdam stock exchange is considered the world’s first stock exchange. Utilities are seen as bond proxies because of their high dividend yields.
The London Stock Exchange has a two-minute break at noon daily. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. When liquidity is restored to the forex (or FX) market at the start of the week, the Asian markets are naturally the first to see action.
This breakdown of the general stock market hours for the major exchanges around the world can help you coordinate your international trades. Times are listed both in local and U.S. time zones, as well as Coordinated Universal Time (UTC). Times reflect Eastern Standard Time (not daylight saving time), and it’s important to note that markets close for lunch in many countries.
China industrial profits see softer fall in August
The chip stock is also seen as “one of the key potential beneficiaries” of the growing trend in artificial intelligence applications. A member said that there is a “still a significantly long way to go before revising the negative interest rate policy, and the framework of yield curve control needed to be maintained.” This was in light of inflation then hitting 15 straight months above the BOJ’s 2% inflation target. For the first eight months of the year, profits at China’s industrial firms extended a double-digit drop, but the pace of declines eased slightly in August. The comments come a day after HSBC lowered its growth forecast for China’s gross domestic product for this year from 5.3% to 4.9%, and its 2024 GDP growth forecast from 4.9% to 4.6%. China’s economy is expected to expand slightly more than 5% this year, an advisor to the People’s Bank of China said on Wednesday.
The stocks have been getting hit as the high rates in risk-free short-term Treasuries offer an attractive alternative to investors. Treasury yields rose again Friday, with the 10-year nearing a 16-year high after stronger-than-expected jobs data. Investors will be watching inflation readings and trade data out from China and India later this week, as well as a monetary policy decision from Singapore’s central bank.