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7/21/2016, 6:48 AM (Source: TeleTrader)
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Asian stocks see decent gains

Markets in Asia-Pacific region were trading mostly with decent gains on Thursday, with the Japanese stocks performing better as another stimulus package worth 20 trillion yen ($188 billion; €170 billion) was being prepared in Tokyo. The European Central Bank's monetary policy decision is expected later on Thursday.

Japan's Nikkei 225 index rose 0.70% at 6:20 a.m. CET. Nintendo recovered around 4% after diving over 15% a day before, as McDonald's joining to Pokémon Go video game frenzy is delayed. The yen was weaker, and fell 0.18% to ¥107.08 versus the U.S. dollar at 6:40 a.m. CET.

In Sydney, the S&P/ASX 200 added 0.5% to 5,520 points, despite losses in the mining sector caused partly by lower iron ore prices. The Australian dollar rose 0.29% against the Japanese yen at 6:40 a.m. CET.

In China, the Shanghai Composite added 0.69%, and the Shenzhen Composite rose 0.68% at 6:30 a.m. CET. Yuan slid a bit after the Chinese central fixed the currency at 6.6872 against the U.S. dollar. The Taipei's Taiex was up 0.58%, despite the news that export orders were down for 15th consecutive month. The Hong Kong's Hang Seng rose 0.71% to reach highest point this year: banking, property and oil stocks led the rally.

In Singapore, the Straits Times Index lost 0.15% as the index was hit by the news that lapses in anti-money laundering controls were discovered in DBS, UBS and Standard Chartered, as part of Monetary Authority's (pictured) investigation into Malaysian state fund 1Malaysia Development Barhad (1MDB).

Oil prices were higher at ICE Futures Europe at 6:30 a.m. CET: Brent rose 1.41% to $46.33 a barrel, and WTI added 0.98% to $45.90 a barrel.

Breaking the News / ZR