Hang Seng 40

China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.

Stocks in China have fallen sharply over fears that the world's second-biggest economy, a key driver of global growth, is weaker than thought.

The Nikkei 225 index at the Tokyo Stock Exchange rose 81.90 points to 20,601.35.

From the Nifty-50 basket of stocks, 20 stocks were advancing while 30 were declining.

China's benchmark stock indices - the Shanghai Composite and the Shenzhen 300 - jumped as much as 7 per cent on Thursday, after the country's market regulator unveiled draconian measures to stem the freefall in equities. The two indices have crashed over 30 per cent since mid-June, wiping out $4 trillion in market capitalization; trading in nearly ...

Asian shares rose on Friday, on track for a solid weekly gain, as investors awaited more US data later in the session for clues on the timing of the Federal Reserve's interest rate hike.

As of 7.35 a.m. Nifty futures traded on Singapore Stock Exchange was down 63 points (0.83 per cent), which indicates a gap down opening in our markets today.

Japan's Nikkei rose 0.4 per cent to a six-month high as investors focused on the positive in some mixed economic news. While household spending and retail sales underwhelmed, the availability of jobs in Japan rose to the highest in 22 years in an upbeat omen for wages and the government's aim of reflating the economy.

Asian shares rose to a three-year peak on Friday and the dollar held near its overnight highs after US jobs data which showed the lowest unemployment rate in six years and underscored the strength of the economic recovery.

The losses were expected to spill over into Europe, with financial spreadbetters expecting Britain's FTSE 100 to open down as much as 1.3 per cent; Germany's DAX as much as 0.8 per cent; and France's CAC 40 0.8 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan was flat after four straight sessions of losses took it to the lowest since July 9.

Asian shares, as measured by MSCI Asia-Pacific ex-Japan index, jumped 1.7 per cent to a three-week high, while Seoul shares surged 2 per cent and Hong Kong's Hang Seng Index rose 1.6 per cent.

Hong Kong and Chinese equities were the first to tumble - both down more than 2 per cent by mid-morning - with selling also driven by Beijing's plan to cut credit to force consolidation in industries where there was overcapacity.

Japan's benchmark Nikkei share average hit a five-week high earlier on Wednesday as the yen slipped to a one-month low versus the dollar. The gains in Tokyo shares were short-lived, however, with the Nikkei last down 0.6 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent after climbing 1.85 per cent on Wednesday to break a four-day losing streak and moving away from an 11-month low touched earlier in the week.

China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.

Stocks in China have fallen sharply over fears that the world's second-biggest economy, a key driver of global growth, is weaker than thought.

The Nikkei 225 index at the Tokyo Stock Exchange rose 81.90 points to 20,601.35.

From the Nifty-50 basket of stocks, 20 stocks were advancing while 30 were declining.

China's benchmark stock indices - the Shanghai Composite and the Shenzhen 300 - jumped as much as 7 per cent on Thursday, after the country's market regulator unveiled draconian measures to stem the freefall in equities. The two indices have crashed over 30 per cent since mid-June, wiping out $4 trillion in market capitalization; trading in nearly ...

Asian shares rose on Friday, on track for a solid weekly gain, as investors awaited more US data later in the session for clues on the timing of the Federal Reserve's interest rate hike.

As of 7.35 a.m. Nifty futures traded on Singapore Stock Exchange was down 63 points (0.83 per cent), which indicates a gap down opening in our markets today.

Japan's Nikkei rose 0.4 per cent to a six-month high as investors focused on the positive in some mixed economic news. While household spending and retail sales underwhelmed, the availability of jobs in Japan rose to the highest in 22 years in an upbeat omen for wages and the government's aim of reflating the economy.

Asian shares rose to a three-year peak on Friday and the dollar held near its overnight highs after US jobs data which showed the lowest unemployment rate in six years and underscored the strength of the economic recovery.

The losses were expected to spill over into Europe, with financial spreadbetters expecting Britain's FTSE 100 to open down as much as 1.3 per cent; Germany's DAX as much as 0.8 per cent; and France's CAC 40 0.8 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan was flat after four straight sessions of losses took it to the lowest since July 9.

Asian shares, as measured by MSCI Asia-Pacific ex-Japan index, jumped 1.7 per cent to a three-week high, while Seoul shares surged 2 per cent and Hong Kong's Hang Seng Index rose 1.6 per cent.

Hong Kong and Chinese equities were the first to tumble - both down more than 2 per cent by mid-morning - with selling also driven by Beijing's plan to cut credit to force consolidation in industries where there was overcapacity.

Japan's benchmark Nikkei share average hit a five-week high earlier on Wednesday as the yen slipped to a one-month low versus the dollar. The gains in Tokyo shares were short-lived, however, with the Nikkei last down 0.6 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent after climbing 1.85 per cent on Wednesday to break a four-day losing streak and moving away from an 11-month low touched earlier in the week.