Stocks in Asia edged higher Tuesday morning following record closes overnight on Wall Street.
Shares in Japan led the region following a return from a Monday holiday. The Nikkei 225 jumped 1.42%, while the Topix index added 1.11%. Shares of index heavyweight Softbank Group surged 2.98%.
Mainland Chinese stocks nudged higher in early trade, with the Shanghai composite and Shenzhen composite up fractionally. The Shenzhen component added 0.17%. Hong Kong’s Hang Seng index was also slightly higher.
A private survey of China’s services sector showed activity slowing to a eight month low in October. The Caixin/Markit services Purchasing Managers’ Index (PMI) for October came in at 51.1 — its lowest reading since February. The 50-point level separates expansion from contraction in PMI readings.
In South Korea, the Kospi was 0.12% higher. Meanwhile, Australia’s S&P/ASX 200 rose 0.13%. The Reserve Bank of Australia is expected to announce its decision on interest rates later on Tuesday at 11:30 a.m. HK/SIN.
Overall, the MSCI Asia ex-Japan index traded 0.1% higher.
| TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|---|
| NIKKEI | Nikkei 225 Index | NIKKEI | 23193.66 | 342.89 | 1.50 |
| HSI | Hang Seng Index | HSI | 27629.51 | 82.21 | 0.30 |
| ASX 200 | S&P/ASX 200 | ASX 200 | 6704.00 | 17.10 | 0.26 |
| SHANGHAI | Shanghai | SHANGHAI | 2993.47 | 17.98 | 0.60 |
| KOSPI | KOSPI Index | KOSPI | 2132.92 | 2.68 | 0.13 |
| CNBC 100 | CNBC 100 ASIA IDX | CNBC 100 | 8330.32 | 42.18 | 0.51 |
All three major U.S. indexes touched record highs. The Dow Jones Industrial Average added 114.75 points to close at 27,462.11 — its first all-time high since mid-July. The S&P 500 also added 0.4% to finish at a fresh all-time high of 3,078.27. The Nasdaq advanced 0.6% to close at 8,433.20, also reaching record levels.
On the trade front, China said Friday it reached a consensus with the U.S. in principle following talks last week. Last month, U.S. President Donald Trump said both sides had come to a “very substantial phase one” trade agreement that is expected to be signed later in November.
The two economic powerhouses have been locked in a trade war that has lasted for more than a year and seen tariffs being slapped on billions of dollars worth of each other’s goods.
Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.549 after rising from levels around 97.2 yesterday.
The Japanese yen, often seen as a safe-haven currency in times of market uncertainty and turmoil, traded at 108.72 per dollar after weakening from levels below 108.5 in the previous session. The Australian dollar changed hands at $0.6883 after slipping from the $0.692 handle yesterday.
Oil prices declined in the morning of Asian trading hours, with international benchmark Brent crude futures slipping 0.14% to $62.04 per barrel. U.S. crude futures also shed 0.23% to $56.41 per barrel.
What’s on tap:
- Australia: Reserve Bank of Australia interest rate decision at 11:30 a.m. HK/SIN
- Japan earnings: Suzuki Motor
— CNBC’s Fred Imbert contributed to this report.
Komentar Terbaru