asian stocks close mixed europe seesawing
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Asian stocks close mixed Europe seesawing

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Asian stocks close mixed Europe seesawing

New York - UPI

European stocks opened higher Thursday but showed signs of tiring later in the morning amid the global turmoil as Asian markets closed mixed. As in Asia, concerns among the European investors centered over the Eurozone debt and the U.S. economy. European stock prices on major exchanges opened strong Thursday, but by late morning only London's FTSE and Germany's DAX were in the positive territory. In Asia, most exchanges couldn't fully recover from their Thursday opening hit and waved red at close, as investors heard nothing encouraging during the day. Thursday's performance, brought on largely by the mayhem the previous day on the New York markets and fears that France could be next on the rating downgrade block after the United States' downgrade to AA+ from AAA by Standard & Poor's, also put full stop to the Asian market's one-day rally Wednesday. Tokyo's Nikkei-225 index, the early forecaster of the Asian market mood, showed only enough strength to offset some of the 2.2 percent opening plunge to close 57 points down, or 0.6 percent, to 8,982 points. The yen's growing strength remained a concern as that would further hit Japan's exports. Kyodo News reported the government was set to revise downward its forecast for the world's third largest economy's growth this fiscal year to around 0.5 percent. The Hong Kong's Hang Seng Index mimicked the Nikkei, cutting its morning's 2 percent deficit to close 1 percent down to 19,595 points. But China's Shanghai Composite Index advanced 1.3 percent to end the day at 2,581 points. China's trade surplus in July soared to $31.5 billion, easing fears that the current climate could hurt the country's exports. Taiwan's Taiex slipped 0.2 percent to 7,719.09, while Australia's Ordinaries remained largely unchanged at 4,140.8. South Korea's Kospi was another exception, closing up 0.6 percent to 1,817 points after being down a hefty 4 percent. The country's central bank left the key seven-day repo rate unchanged at 3.25 percent, giving more consideration to the global conditions than rising inflation at home. Both of India's bourses closed lower, with the 30-stock Sensex shedding 71 points, or 0.42 percent, to 17,059 points and the broader Nifty yielding 23 points, or 0.44 percent, to 5,138 points. CNN reported U.S. stocks may rally Thursday, encouraged by a slightly improved forecast from Cisco Systems, whose shares rose sharply in after-hours trading. However, investors still remained concerned about a double-dip recession in the United States and the European debt crisis. "We have had volatile markets in the past that have headed in one direction, but this time around no one seems to know what is going to happen," Andrew Robinson of Saxo Capital Markets told the BBC. "On Tuesday, you had the Dow Jones up by 4 percent, if had you asked me then, I would have said it looks like we have bottomed out. But you wake up this morning to find that it is down by the same magnitude again." Copyright 2011 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI contenis expressly prohibited without UPI's prior written consent.

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian stocks close mixed europe seesawing asian stocks close mixed europe seesawing

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian stocks close mixed europe seesawing asian stocks close mixed europe seesawing

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 16:04 2017 Thursday ,30 November

Bubble or brave new world? Bitcoin

GMT 02:38 2014 Thursday ,25 December

Banks to be closed on January 1 in Egypt

GMT 15:12 2016 Wednesday ,23 November

Pakistan economy growing... but is it enough?

GMT 09:09 2017 Friday ,13 January

Explosions hit Damascus military airport

GMT 23:45 2012 Thursday ,02 February

Former Czechoslovakia midfielder Kuna dies

GMT 15:53 2011 Friday ,02 December

Red Mango makes push into Mexico

GMT 09:27 2012 Saturday ,03 March

A new kind of guidebook

GMT 05:49 2012 Tuesday ,04 December

Murdoch\'s British newspaper chief to leave company

GMT 13:45 2017 Thursday ,09 March

Aubameyang hat-trick leads Dortmund into last eight

GMT 11:47 2011 Thursday ,30 June

Natural gas pipeline goes into operation in China

GMT 16:31 2013 Monday ,12 August

Toshiba introduces Satellite L-series, laptops

GMT 07:46 2011 Friday ,30 December

LG improves on their 3D glasses collection

GMT 06:45 2012 Thursday ,02 August

Nicole Scherzinger in kaftan dress

GMT 13:57 2011 Monday ,19 December

Stacked plans strategic growth

GMT 16:50 2017 Sunday ,05 March

Atletico Beat Leverkusen 4-2
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday