Market news
20.02.2014, 09:59

Asia Pacific stocks close

Asian stocks fell, with the regional benchmark index declining the most in two weeks, after a Chinese manufacturing gauge dropped more than estimated. The China PMI released today by HSBC Holdings Plc and Markit Economics showed a preliminary February reading of 48.3, compared with January’s final figure of 49.5 and the 49.5 median estimate in a Bloomberg News survey of 17 economists. A number below 50 indicates contraction.

Nikkei 225 14,449.18 -317.35 -2.15%

S&P/ASX 200 5,412.34 +4.10 +0.08%

Shanghai Composite 2,136.97 -5.59 -0.26%

Industrial & Commercial Bank of China Ltd., the nation’s largest lender, slid 2.7 percent as financial companies led losses.

Naver Corp. sank 8.1 percent in Seoul amid concern an expansion at WhatsApp Inc. following its acquisition by Facebook Inc. would curb sales at the South Korean Internet site.

China Petroleum & Chemical Corp. surged 9.6 percent in Hong Kong after Asia’s biggest oil refiner said it’s seeking private investors.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location