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Market Talk – December 29, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 162.28 points or -0.56% to 28,906.88 Shanghai decreased 33.11 points or -0.91% to 3,597.00 Hang Seng decreased 194.02 points or -0.83% to 23,086.54 ASX 200 increased 89.50 points or 1.21% to 7,509.80 Kospi decreased 26.95 points or -0.89% to 2,993.29 […]

Market Talk – December 28, 2021

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 392.70 points or 1.37% to 29,069.16 Shanghai increased 14.14 points or 0.39% to 3,630.11 Hang Seng increased 56.80 points or 0.24% to 23,280.56 ASX 200 closed Kospi increased 20.69 points or 0.69% to 3,020.24 SENSEX increased 477.24 points or 0.83% […]

Market Talk – December 27, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 106.13 points or -0.37% to 28,676.46 Shanghai decreased 2.08 or -0.06% to 3,615.97 Hang Seng closed ASX 200 closed Kospi decreased 12.88 points or -0.43% to 2,999.55 SENSEX increased 295.93 points or 0.52% to 57,420.24 Nifty50 increased 82.50 points or […]

Market Talk – December 23, 2021

ASIA: Japan’s government is set to unveil its largest annual budget on Friday with $943 billion in spending for the fiscal year beginning next April, further straining the industrial world’s heaviest debt, Reuters reported. The first annual budget to be compiled by Prime Minister Fumio Kishida’s government got a boost from Covid-19 countermeasures, social security […]

Market Talk – December 22, 2021

ASIA: Japan’s parliament on Monday approved a record extra budget of nearly 36 trillion yen ($317 billion) for the fiscal year through March to help pandemic-hit households and businesses. The budget largely is to fund COVID-19 measures, including booster shot vaccines and oral medicines. It also includes cash payouts for families with children and a […]

Market Talk – December 21, 2021

ASIA: Chinese economic growth rate is expected to slump below 5 percent following the property crisis, industrial slump, weak consumption, and the fallout from COVID-19-led lockdowns. Think-tank China Finance 40 Forum, which has the deputy governor of the People’s Bank of China (PBOC) as a member, has expressed concerns over growth rate remaining below 5 […]

Market Talk – December 20, 2021

ASIA: Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nation’s industrial engine – the steel sector – and started to ripple through to other critical parts of the world’s second-largest economy. The spreading balance-sheet crisis at real estate firms is a warning for policymakers as […]

Market Talk – December 17, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 520.64 points or -1.79% to 28,545.68 Shanghai decreased 42.65 or -1.16% to 3,632.36 Hang Seng decreased 282.87 points or -1.20% to 23,192.63 ASX 200 increased 8.30 points or 0.11 to 7,304.00 Kospi increased 11.32 points or 0.38% to 3,017.73 SENSEX […]

Market Talk – December 16, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 606.60 points or 2.13% to 29,066.32 Shanghai increased 27.39 or 0.75% to 3,675.02 Hang Seng increased 54.74 points or 0.23% to 23,475.50 ASX 200 decreased 31.40 points or -0.43 to 7,295.70 Kospi increased 17.02 points or 0.57% to 3,006.41 SENSEX […]

Market Talk – December 15, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 27.08 points or 0.10% to 28,459.72 Shanghai decreased 13.89 or -0.38% to 3,647.63 Hang Seng decreased 215.19 points or -0.91% to 23,420.76 ASX 200 decreased 51.30 points or -0.70 to 7,327.10 Kospi increased 1.44 points or 0.05% to 2,989.39 SENSEX […]