My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Hong Kong Stocks close virtually flat
Mar 23,2017

The Hong Kong stock market closed session edge higher on Thursday, 23 March 2017, as strength in Chinese real estate developers was offset by weakness in some blue chips as their earnings reports disappointed investors. The benchmark Hang Seng index ended roughly flat at 24,327.70 points, while the Hong Kong China Enterprises Index gained 0.3 percent to 10,487.45. Turnover decreased to HK$91.8 billion from HK$103.5 billion on Wednesday.

Powered by Capital Market - Live News

China Stocks inch up
Mar 23,2017

The Mainland China equity market ended slight higher on Thursday, 23 March 2017, helped by bargain hunting after index compiler MSCI said it was seeking feedback from market participants on whether to add Chinese A-shares to its China Index and emerging markets index. But, market upside capped due to slump in Shanghai B shares amid worries over tight liquidity and stepped-up regulation. Sector performance was mixed, with energy shares lagged, while banking and property stocks firmed. The benchmark Shanghai Composite Index climbed 0.10%, or 3.33 points, to 3,248.55 and the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, was marginally higher, adding 0.71 point to 2,038.60.

Powered by Capital Market - Live News

Nikkei recovers 0.23%
Mar 23,2017

The Japan share market closed higher on Thursday, 23 March 2017, helped by bottom fishing in domestic-demand stocks, a day after the benchmark index posted its biggest drop in four months. Market upside was, however, limited due to doubts about the ability of the Republican leadership to push through the bill to replace the signature health care program of the previous administration of President Barack Obama. The 225-issue Nikkei average gained 43.93 points, or 0.23%, to close at 19,085.31. On Wednesday, the Nikkei average gave up 414.50 points, suffering the biggest closing loss since Donald Trumps victory in the U.S. presidential election in November last year. The Topix index of all first-section issues ended up 0.21, or 0.01%, at 1,530.41.

Powered by Capital Market - Live News

Australia Shares up on materials
Mar 23,2017

Australian equity market finished session higher on Thursday, 23 March 2017, snapping three straight days of losses, buoyed by the materials sector and gains from miner BHP Billiton. The market also found support from new bilateral agreements on beef exports, energy and security, which were expected to be signed between Australia and China during a four-day visit by Chinese Premier Li Keqiang. At the close, the benchmark S&P/ASX 200 index closed up 0.4%, or 23.49 points, at 5,708. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 561 to 460 and 343 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.04% to 12.257.

Powered by Capital Market - Live News

Hong Kong Stocks tumble on Trump policies concerns
Mar 22,2017

The Hong Kong stock market closed session lower on Wednesday, 22 March 2017, dragged down by concerns over implementation of U.S. President Donald Trumps economic policies, with particular worries around trade and a possible slow process toward any tax reform. The Hang Seng Index ended down 272 points or 1% to 24,320. The H-share index fell 187 points or 1.8% to 10,456. Turnover increased to HK$103.5 billion from HK$95.2 billion on Tuesday.

Powered by Capital Market - Live News

China Stocks snap two-day winning streak
Mar 22,2017

The Mainland China equity market ended down for the first time in three consecutive session on Wednesday, 22 March 2017, due to worries over tightening liquidity in the domestic banking system, and uncertainty over whether US President Donald Trump will be able to get his economic policies approved in a timely fashion. Main sectors fell across the board, led by banks and property stocks. The blue-chip CSI300 index fell 0.5%, to 3,450.05 points, while the Shanghai Composite Index lost 0.5% to 3,245.22 points. The Shenzhen Composite Index lost 6.05 points or 0.30% to end at 2,037.89.

Powered by Capital Market - Live News

Asia Pacific Market: Stocks tumble on Trump policy concerns
Mar 22,2017

Asia Pacific share market closed notably lower on Wednesday, 22 March 2017, on mirroring the sharp overnight fall on Wall Street, after investors saw the Trump administrations struggles to push through the healthcare overhaul as a sign he may also face setbacks delivering promised corporate tax cuts.

U.S. equities had the worst day of the year for stocks on Tuesday, as banks struggled with falling yields and over concerns that President Donald Trump faces legislative roadblocks in passing a healthcare overhaul. Trump has suggested the GOP cannot move forward with tax reform plans until lawmakers keep the promise to repeal and replace Obamacare. The Dow Jones industrial average dropped 1.14% to close at 20,668.01, the S&P 500 tumbled 1.24% to end at 2,344.02 and the Nasdaq composite dropped 1.83% to close at 5,832.53.

Since Trumps presidential victory last November, there have been expectations for deregulation, tax reform and an increase in fiscal spending. But the Trump administration has indicated that healthcare reform would take precedence over tax reform. House Republicans are expected to vote on repealing and replacing the Affordable Care Act on Thursday with the votes needed for passage in doubt.

The markets also noted comments from Cleveland Federal Reserve President Loretta Mester on Tuesday in the U.S. that if economic data holds up she would support a reduction in the Feds $4.5 trillion balance sheet.

Stocks globally and the U.S. dollar have broadly rallied in the wake of President Donald Trumps election in November, buoyed by his talk of a tax overhaul and infrastructure investment. However, roadblocks have risen ahead of Thursdays scheduled vote to dismantle the Affordable Care Act, triggering a market pullback Tuesday in the U.S. that has carried overseas and has investors questioning Trumps ability to make good on his policy promises. Market participants are doubtful of whether President Trump is able to deliver his phenomenal tax cuts.

During Asian hours, U.S. crude fell 0.1% to $48.18 a barrel, after it fell to its lowest since Nov. 29 to settle at $47.34 during U.S. hours on Tuesday. Brent crude was flat at $50.94. Late Tuesday in the U.S., the American Petroleum Institute reported a 4.53 million barrels build in crude stocks at the end of last week, nearly double the expected gain.

Spot gold was trading at $1,244.36 per ounce, up for its sixth consecutive session and near a three-week high.

Among Asian bourses

Australia Shares end notably down

Australian equity market finished session steep down, on following the negative lead from Wall Street overnight amid worries that U.S. President Donald Trump will face hurdles in delivering promised tax and healthcare reform. In addition, weak commodity prices weighed on resources stocks. At the close, the benchmark S&P/ASX 200 index surrendered 90.10 points, or 1.56%, to 5,684.50, while the broader All Ordinaries index backtracked 87.50 points, or 1.5%, to 5,732. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 771 to 343 and 324 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 21.22% to 12.386.

The financial index shed 2.08%, on tracking similar losses in its US financial counterpart. ANZ Banking, Westpac Banking Corp and Commonwealth Bank of Australia fell more than 2% each.

Mining giants Rio Tinto, BHP Billiton and Fortescue Metals Group fell 2.6%, 2.9% and 5.3%, respectively after copper, steel and iron prices dropped on Tuesday.

Bucking the trend, gold miners advanced after gold prices rose to a near three-week high overnight on increased safe-haven demand. The gold index rose as much as 3.34% and hit its highest in three weeks. Newcrest Mining and Evolution Mining gained around 2%. Evolution Mining said it expects to achieve its March quarter and full-year production guidance.

Nikkei falls over Trump policy concerns

The Japan share market tumbled to lowest level in six-week on mirroring the sharp overnight fall on Wall Street, after investors saw the Trump administrations struggles to push through the healthcare overhaul as a sign he may also face setbacks delivering promised corporate tax cuts. In addition, yen appreciation against greenback weighed on exporters stocks. The 225-issue Nikkei Stock Average shed 390.51 points, or 2.01%, to 19,065.37, its lowest since 9 February 2017. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 29.52 points, or 1.89%, to 1,533.90. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2873 to 326 and 169 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.63% to 15.59.

Japanese defense names were broadly lower after an apparent North Korea missile test that reports said failed. Reuters, citing Yonhap news agency, reported the isolated nation in the Korean peninsula may have conducted a missile launch with a U.S. military spokesman adding that a missile appears to have exploded within seconds of launch. Shares of Kawasaki Heavy Industries fell 3.92%, Komatsu fell 1.96% and ShinMaywa Industries was down 2.21%.

The stronger yen battered export-oriented names, including automakers Toyota and Fuji Heavy, electronic parts supplier Murata Manufacturing and industrial robot manufacturer Fanuc.

Mega-bank group Mitsubishi UFJ, brokerage firm Nomura, and insurers Tokio Marine and Dai-ichi Life met with heavy selling after their U.S. peers lost ground in New York on Tuesday.

By contrast, Nintendo attracted hefty purchases with investors taking heart from a media report that the game-maker plans to boost production of the Nintendo Switch video game console.

China Stocks snap two-day winning streak

The Mainland China equity market ended down for the first time in three consecutive session, due to worries over tightening liquidity in the domestic banking system, and uncertainty over whether US President Donald Trump will be able to get his economic policies approved in a timely fashion. Main sectors fell across the board, led by banks and property stocks. The blue-chip CSI300 index fell 0.5%, to 3,450.05 points, while the Shanghai Composite Index lost 0.5% to 3,245.22 points. The Shenzhen Composite Index lost 6.05 points or 0.30% to end at 2,037.89.

Investors were concerned about tightening liquidity in the banking system as the end of the quarter nears. Short-term interest rates in China surged on Tuesday as cash conditions tightened on worries the central banks quarterly risk assessment at the end of this month would restrict lending in the interbank market.

Investors are worried that US President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote on Thursday. The market also questioned Trumps ability to pass tax and spending reforms further down the line

Banks and property stocks declined, as a central bank survey found that 52.2% of urban households believed housing prices were unacceptably high in the first quarter. That reinforced expectations authorities will be more aggressive to cool a red-hot property market, even at the risk of dampening economic growth. Agricultural Bank of China shed 0.31%, while Bank of China tumbled 1.37%, Industrial and Commercial Bank of China dropped 1.06%, Vanke lost 0.52%, and Gemdale skidded 2.54%.Bucking the broad trend, stocks related to the One Belt, One Road infrastructure initiative continued to outperform, led by heavyweight infrastructure shares, as they were seen benefiting from the initiative.

Hong Kong Stocks tumble on Trump policies concerns

The Hong Kong stock market closed session lower, dragged down by concerns over implementation of U.S. President Donald Trumps economic policies, with particular worries around trade and a possible slow process toward any tax reform. The Hang Seng Index ended down 272 points or 1% to 24,320. The H-share index fell 187 points or 1.8% to 10,456. Turnover increased to HK$103.5 billion from HK$95.2 billion on Tuesday.

AAC Tech (02018) edged down 0.1% to HK$86.5 after hitting a day low of HK$83.65 even though its 2016 earnings growth of 29.6% to RMB4.03 billion. Chinese Overseas (00688) and CR Land (01109) also reported better than expected earnings. But both stocks fell 1.8% and 1.6% to HK$24.25 and HK$22.05.

Geely Automobile (00175) soared 5.8% to HK$11.98 after it reported 2016 net profit surged 126% to RMB5.11 billion. Brilliance China (01114) also put on 4.3% to HK$13.24 after HSBC Research upgraded its target price to HK$16.1 from HK$12.8.

Powered by Capital Market - Live News

Nikkei falls over Trump policy concerns
Mar 22,2017

The Japan share market tumbled to lowest level in six-week on Wednesday, 22 March 2017, on mirroring the sharp overnight fall on Wall Street, after investors saw the Trump administrations struggles to push through the healthcare overhaul as a sign he may also face setbacks delivering promised corporate tax cuts. In addition, yen appreciation against greenback weighed on exporters stocks. The 225-issue Nikkei Stock Average shed 390.51 points, or 2.01%, to 19,065.37, its lowest since 9 February 2017. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 29.52 points, or 1.89%, to 1,533.90. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2873 to 326 and 169 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 6.63% to 15.59.

Powered by Capital Market - Live News

Australia Shares end notably down
Mar 22,2017

Australian equity market finished session steep down on Wednesday, 22 March 2017, on following the negative lead from Wall Street overnight amid worries that U.S. President Donald Trump will face hurdles in delivering promised tax and healthcare reform. In addition, weak commodity prices weighed on resources stocks. At the close, the benchmark S&P/ASX 200 index surrendered 90.10 points, or 1.56%, to 5,684.50, while the broader All Ordinaries index backtracked 87.50 points, or 1.5%, to 5,732. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 771 to 343 and 324 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 21.22% to 12.386.

Powered by Capital Market - Live News

US stocks close marginally lower
Mar 21,2017

US indices closed marginally lower on Monday, 20 March 2017 for the third straight day of losses, as investors were reluctant to make big bets without major economic or corporate news. In early trade, the Nasdaq Composite set an intraday all-time high, but settled within a few points of its previous closing record set earlier this month.

The Dow Jones Industrial Average ended 8.76 points, or less than 0.1%, lower at 20,905.86, with two-thirds of the blue-chip companies closing in positive territory. The Nasdaq Composite Index set an intraday high at 5,915.12 in early trade, but finished virtually unchanged at 5,901.53. The S&P 500 index closed off 4.8 points, or 0.2%, at 2,373.45, with seven of the 11 main sectors finishing in negative territory.

Financials were the biggest decliners, putting pressure on the main index. Meanwhile energy stocks tracked volatile oil prices, ending slightly lower as crude-oil prices recovered some of the sharp losses.

Caterpillar and Nike led the gains, closing up 2.7% and 1.5%, respectively while Home Depot and Visa were the top decliners, each losing 1.2%.

Mondays sideways trend fits nicely with the range-bound action that has ensued over the last couple of weeks in the stock market. As leaders in Washington continue to debate the details of health care reform, investors keep their fingers crossed for a quick resolution, knowing that the longer the bill takes to pass through Congress, the longer they will have to wait for tax reform.

News flow was generally light on Monday with statements from three FOMC voters acting as the top headline. In summary, Chicago Fed President Evans could not rule out four rate hikes in 2017, Philadelphia Fed President Harker believes that the Fed will mildly overshoot the 2.0% inflation target, and Minneapolis Fed President Kashkari stated that he would like to shift the focus to reducing the Feds balance sheet.

Treasuries ticked up in the wake of the statements to finish Monday with modest gains. The benchmark 10-yr yield closed three basis points lower at 2.47%.

Among stocks under focus, Walt Disney shares gained 0.9% after n++Beauty and the Beastn++ topped box-office ticket sales over the weekend. Shares of Caterpillar were up 2.7% after the industrial-equipment maker reported encouraging February retail machine-sales data. Apple also had a solid showing, climbing 1.0% to a fresh record-high.

Bullion prices ended higher at Comex on Monday, 20 March 2017. Gold futures settled on Monday at their highest level in about 2n++ weeks, extending their post-Federal Reserve meeting gains to a third straight session, with the U.S. dollar losing ground against the euro as the U.K. prepared to leave the European Union.

April gold rose $3.80, or 0.3%, to settle at $1,234 an ounce n++the highest finish since March 1. Gold gained about 2.4% last week. Silver for May delivery added 0.1% to $17.438 an ounce.

Oil prices settled at their lowest level in nearly a week on Monday, 20 March 2017, as another rise in active U.S. oil rigs renewed concerns over domestic production and some analysts worried that a change to the G-20 policy statement may impact global trade.

April West Texas Intermediate crude shed 56 cents, or 1.2%, to finish at $48.22 a barrel on the New York Mercantile Exchange, ahead of the contracts expiration at Tuesdays settlement. May Brent crude gave up 14 cents, or 0.3%, to $51.62 a barrel on the ICE Futures exchange in London.

Investors did not receive any economic data on Monday. Tuesdays lone economic report, fourth quarter Current Account Balance (consensus -$128.2 billion), will cross the wires at 8:30 AM.

Powered by Capital Market - Live News

Asia Pacific Market: Protectionism worry drags on stocks
Mar 20,2017

Asia Pacific share market finished session mostly down on Monday, 20 March 2017, on tracking an uninspiring lead from US markets on Friday and renewed worries over global trade protectionism after financial leaders of the worlds biggest economies dropped a pledge to keep global trade free and open. MSCIs broadest index of Asia-Pacific shares outside Japan was fractionally lower.

U.S. stocks closed mixed Friday, dragged down by declines in financial and health care stocks. The Dow Jones industrial average closed down 0.1% to 20,914.62, while the S&P 500 slipped 0.13% to 2,378.25.The Nasdaq composite closed flat at 5,901.00.

Finance ministers from twenty of the worlds biggest economies held a two-day meeting, and warned against competitive devaluations and disorderly FX markets but failed to agree on keeping global trade free and open.

Financial leaders from the worlds biggest economies reiterated their warnings against competitive devaluations and disorderly foreign exchange markets at the meeting in the German town of Baden-Baden over the weekend.But they failed to agree on a commitment to keep global trade free and open, highlighting a global shift towards protectionism.

Importantly we saw other leaders such as (Japanese Prime Minister) Shinzo Abe and (German Chancellor) Angela Merkel come out publicly supporting free trade, and for now the protectionist stance remains constrained to the US It would be more concerning if this began spreading to other countries.

Markets are focused on a raft of speeches by Federal Reserve officials this week, including Chicagos Charles Evans on Tuesday and Friday, Chair Janet Yellen on Thursday and Dallas Robert Kaplan and Minneapoliss Neel Kashkari on Friday and New Yorks William Dudley on Saturday.

Attention now turns to the French election, with the first Presidential debate set to take place on Monday. Opinion polls show independent centrist Emmanuel Macron would lead far-right leader Marine Le Pen by a hair in first-round voting, before beating her in the run-off.

In commodities, oil prices were steady last Friday after dropping nearly 10% for the week on concerns of a continued global supply overhang. During Asian time, Brent crude was down 0.35% at $51.58 a barrel, while U.S. crude fell 0.59% to $48.50.

Among Asian bourses

Australia Shares slips as financials, energy drag on index

Australian equity market finished session down, due to an uninspired lead from US markets on Friday and worries over global trade protectionism after financial leaders of the worlds biggest economies dropped a pledge to keep global trade free and open. ASX Sectors were mostly down, with financials, real estate, and energy stocks leading the losses. At the close, the benchmark S&P/ASX 200 index surrendered 20.7 points, or 0.36%, to 5,778.9, while the broader All Ordinaries index backtracked 20.3 points, or 0.35%, to 5,820.5. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 631 to 453 and 359 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.43% to 10.274.

Financials dragged the index the most with three of the big four banks losing between 0.3% and 0.5% while National Australia Bank gained 0.4%.

Real estate stocks were the second-biggest drag on the index with Scentre Group Ltd closing 2.8% lower and Westfield Corporation sliding 1%.

In materials, Fortescue was steady at A$6.70 and Rio Tinto slid 0.9% to A$62.39, while BHP Billiton bucked the trend to edge up 0.2% to A$24.88. In energy, Santos skidded 1.1% to A$3.69, while Woodside lost 0.5% to A$31.37 as crude prices lost more than half a% in Asian trade.

China Stocks end up as energy offsets fresh property curbs

The Mainland China equity market ended higher after recouping losses late afternoon, as strong gains in energy stocks offset weakness in developers following fresh measures to cool the property market. The blue-chip CSI300 index rose 0.1%, to 3,449.61 points, while the benchmark Shanghai Composite Index gained 0.41%, or 13.36 points, to 3,250.81. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, climbed 0.31%, or 6.32 points, to 2,036.05.

Energy firms rallied strongly, with heavyweight China Shenhua leading rally after the countrys largest coal miner announced a spectacular dividend payment proposal. Shares in the coal miner surged by their 10% trade limit to close at a 19-month high, as the company proposed to pay total dividend of 59 billion yuan in cash after recording a 40.7% increase in net profit for 2016.

An index tracking the property sector tumbled after more cities imposed fresh property restrictions over the weekend. The Beijing municipal government announced new steps to rein in its booming housing market after the market close on Friday. Data on Saturday suggested the impact of earlier property cooling steps by many cities may have been short-lived. Chinas home prices picked up speed again in February after slowing in the previous four months, while sales have surged.

Official data on Saturday showed that Chinas property prices rose in February after having slowed in the past four months. New home prices were up 0.3%, compared to Januarys 0.2% increase. Meanwhile, property sales jumped 25.1% in January and February, the strongest annual growth in seven years.

Hong Kong Stocks end at fresh 19-month high

The Hong Kong stock market closed session at fresh 19-month high, building on last weeks rally after the Federal Reserve flagged a slower pace of interest rate rises this year and as Chinese investors pumped in more funds into the local market on optimism over earnings and dividend payouts. The gains were led by energy and tech shares, but an index tracking mainland properties tumbled, after China stepped up real estate curbs in a number of cities, and vowed to restrict lending to the sector. The Hang Seng index rose 0.8%, to 24,501.99, while the China Enterprises Index gained 0.7%, to 10,583.98 points. Turnover decreased slightly to HK$97.8 billion from HK$121.3 billion on Friday.

China Shenhua (01088) jumped 16% to HK$19.14 after the company declared special dividend of RMB2.51 per share. Citi Research upgraded its rating for China Shenhua to buy. China Coal (01898) also climbed 4% to HK$4.18.

China Mobile (00941) added 3.7% to HK$90.35 on hopes of a special dividend. Tencent (00700) is scheduled to report its earnings on 22 March. It closed up 2.8% to all-time high of HK$228.2. The stocks contributed 60- and 71-point gains to the benchmark index.

Mainland developers were pressured on fresh measures to cool the property market. Over the weekend, six Chinese cities tightened property policies, including Beijing and Guangzhou. CR Land (01109) and China Vanke (02202) fell 2% and 4% to HK$22 and HK$22.35. China Overseas Land & Investment (00688) slipped 2% to HK$24.5. Its subsidiary China Overseas Property (02669) plunged 5% to HK$1.47 despite of a 93% growth of its 2016 net profit.

Indian Market snaps two-day winning streak

Key benchmark indices drifted lower on first trading day of the week today, weighed by selling in index heavyweights, Infosys, Reliance Industries and ICICI Bank. The barometer index, the S&P BSE Sensex, lost 130.25 points or 0.44% to settle at 29,518.74. The Nifty 50 index fell 33.20 points or 0.36% to settle at 9,126.85. Weakness in world stocks dampened sentiment on the domestic bourses.

Frontline IT stocks declined as the rupee continued its recent appreciation against the dollar. TCS (down 1.82%), Infosys (down 1.87%), HCL Technologies (down 0.23%), Tech Mahindra (down 0.63%), Wipro (down 1.59%) fell. Oracle Financial Services Software (up 0.38%), MindTree (up 0.03%), Hexaware Technologies (up 0.45%) and MphasiS (up 0.03%) rose.

The partially convertible rupee was hovering at 65.345 versus Fridays close of 65.475. A firm rupee adversely affects operating profit margins of IT firms as the sector derives a lions share of revenue from exports.

Dena Bank rose 4.18% after the bank announced after market hours on Friday, 17 March 2017, that it received a communication from Government of India informing capital allocation of Rs 600 crore as part of turnaround linked infusion plan. The board approval for raising of capital of the bank through issue of equity shares to Government of India, LIC of India and GIC of India on preferential basis, is being obtained.

Idea Cellular fell 9.55% to Rs 97.60 on BSE after the company said its board approved merger with Vodafone India. The announcement was made before trading hours today, 20 March 2017.

Powered by Capital Market - Live News

Hong Kong Stocks end at fresh 19-month high
Mar 20,2017

The Hong Kong stock market closed session at fresh 19-month high on Monday, 20 March 2017, building on last weeks rally after the Federal Reserve flagged a slower pace of interest rate rises this year and as Chinese investors pumped in more funds into the local market on optimism over earnings and dividend payouts. The gains were led by energy and tech shares, but an index tracking mainland properties tumbled, after China stepped up real estate curbs in a number of cities, and vowed to restrict lending to the sector. The Hang Seng index rose 0.8 per cent, to 24,501.99, while the China Enterprises Index gained 0.7 per cent, to 10,583.98 points. Turnover decreased slightly to HK$97.8 billion from HK$121.3 billion on Friday.

Powered by Capital Market - Live News

China Stocks end up as energy offsets fresh property curbs
Mar 20,2017

The Mainland China equity market ended higher after recouping losses late afternoon on Monday, 20 March 2017, as strong gains in energy stocks offset weakness in developers following fresh measures to cool the property market. The blue-chip CSI300 index rose 0.1 percent, to 3,449.61 points, while the benchmark Shanghai Composite Index gained 0.41 per cent, or 13.36 points, to 3,250.81. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, climbed 0.31 per cent, or 6.32 points, to 2,036.05.

Powered by Capital Market - Live News

Japan Market close for Vernal Equinox Day holiday
Mar 20,2017

Japan Markets, banks, businesses and government offices closed on Monday, 17 March 2017, for Vernal Equinox Day holiday.

Powered by Capital Market - Live News

Australia Shares slips as financials, energy drag on index
Mar 20,2017

Australian equity market finished session down on Monday, 20 March 2017, due to an uninspired lead from US markets on Friday and worries over global trade protectionism after financial leaders of the worlds biggest economies dropped a pledge to keep global trade free and open. ASX Sectors were mostly down, with financials, real estate, and energy stocks leading the losses. At the close, the benchmark S&P/ASX 200 index surrendered 20.7 points, or 0.36%, to 5,778.9, while the broader All Ordinaries index backtracked 20.3 points, or 0.35%, to 5,820.5. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 631 to 453 and 359 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.43% to 10.274.

Powered by Capital Market - Live News