Asian stock markets stalled Thursday, following evidence of an uneven recovery in Europe and lackluster U.S. consumer spending, AP reported. The combined economy of the 17 euro countries grew 0.3 percent in the April-June period, its first quarter of growth since recession hit the region in late 2011. But analysts attributed much of the rebound to the region's two largest economies, Germany and France. Germany's GDP for the period rose 0.7 percent, while's France rose an unexpected 0.5 percent. Europe's smaller economies remained bogged down in debt and high unemployment, problems that will take years to resolve. "What the GDP numbers have done is expose the continued fragmentation within a region where the various economies have different competitive advantages," said Michael Hewson, senior market strategist at CMC Markets. Japan's Nikkei 225 index tumbled 2.2 percent to 13,746.59. Hong Kong's Hang Seng rose 0.1 percent to 22,570.74. Australia's S&P/ASX 200 fell 0.2 percent to 5,148.90. Benchmark indexes in Singapore, Taiwan, Indonesia and the Philippines fell. New Zealand's rose. Mainland China was mixed. South Korean markets were closed for a public holiday.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained 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 ©
Send your comments
Your comment as a visitor