Markets News

STOCK MARKETS AUSTRALIA/NEW ZEALAND Markets in Australia are closed for a holiday. The NZX 50 of the New Zealand Stock Exchange added 29 points or 0.24%. ASIA Asian stocks were mostly higher Thursday. Hong Kong’s Hang Seng index jumped 2.17%. The Kospi rose 1.6%. Markets in China are closed for a holiday. EUROPE Major stock markets in Europe opened higher on Thursday

STOCK MARKETS AUSTRALIA/NEW ZEALAND The Australian market closed lower on Wednesday after record inflation spooked investors. The annual inflation rate in Australia climbed to 7.8% in Q4 of 2022 from 7.3% in Q3, above market forecasts of 7.5%, the Australian Bureau of Statistics said on Wednesday. The S&P/ASX 200 declined 0.3%. Zealand’s benchmark S&P/NZX 50 index rose 0.52% as New Zealand’s fourth quarter

STOCK MARKETS AUSTRALIA/NEW ZEALAND The Australian market finished Tuesday’s session in the green with the S&P/ASX 200 closing up 0.44%, after Wall Street stocks ended higher overnight for a second straight session, fueled by a surge in technology stocks. Australian miners and tech stocks led the surge but the ASX was hamstrung somewhat by banks and industrials, as a survey from National

STOCK MARKETS AUSTRALIA/NEW ZEALAND In Sydney, the S&P/ASX 200 index edged 0.1% higher on Monday, following a rally Friday for tech stocks that countered worries about the weakening U.S. economy. New Zealand’s S&P/NZX-50 settled 0.24% lower as the Labor Party caucus selected Chris Hipkins to succeed Jacinda Ardern as the country’s next prime minister. ASIA Asian shares were higher on Monday in thin

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX was buoyed by energy companies on Friday as higher commodity prices boosted mining and energy stocks. The benchmark S&P/ASX 200 pared earlier losses to gain 0.23%. New Zealand’s S&P/NZX-50 index closed up 0.77% as Prime Minister Jacinda Ardern announced her resignation from the post. ASIA Asian stocks ended broadly higher on Friday as Japan’s inflation data

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX pared back early losses as employment figures came in softer than expected, easing the pressure on the Reserve Bank’s for further rate rises. The benchmark S&P/ASX 200 edged up 0.57%. New Zealand’s benchmark S&P/NZX 50 index ended down 0.29%. ASIA Asian markets ended mixed on Thursday amid lingering uncertainties about the outlook for the world economy.

STOCK MARKETS AUSTRALIA/NEW ZEALAND The ASX had a lacklustre day. The benchmark S&P/ASX 200 index inched up 0.1%, after US stocks struggled for direction as investors struggled to build on the early 2023 momentum. New Zealand’s benchmark S&P/NZX 50 index increased by 0.33%. ASIA Asian markets traded mostly higher on Wednesday following the Bank of Japan’s decision to continue its easy monetary