Arab Today, arab today asian shares follow wall st higher pound up on scotland vote
Last Updated : GMT 14:34:34
Arab Today, arab today
Arab Today, arab today

Asian shares follow Wall St higher, pound up on Scotland vote

Arab Today, arab today

Arab Today, arab today Asian shares follow Wall St higher, pound up on Scotland vote

Pedestrians pass before a share prices board
Hong Kong - AFP

Asian markets rose Friday following a record close on Wall Street, while the pound rallied against other major currencies as investors took early results as showing Scottish voters had rejected independence from the United Kingdom.
The surge in New York -- fuelled by the Federal Reserve's dovish comments on interest rates as well as hopes for a record US listing of online giant Alibaba -- helped propel the dollar towards the 110 yen mark.
Tokyo climbed 1.45 percent by the break to its highest point of the year and close to levels not seen since 2007.
Hong Kong added 0.69 percent, Sydney gained 0.11 percent and Seoul rose 0.59 percent. However, Shanghai dipped 0.13 percent.
Traders rushed into the pound, interpreting initial returns as showing Scottish voters had rejected independence, soothing fears about the economic impact on the United Kingdom.
In early exchanges sterling was at $1.6427 against $1.6389 in New York and well up from $1.6227 in Asia earlier Thursday. At the same time the euro tumbled to 0.7809 pounds in early Tokyo trade, down from 0.7882 pounds and its lowest level since July 2012.
Sterling also jumped to a six-year high of 180.16 yen, up from 178.78 yen Thursday.
"As we await the results of the Scottish Independence vote to come through this afternoon, the (pound) is anticipating that the 'No' vote will win," National Australia Bank said in a note.
Buying sentiment was already positive after Wall Street clocked up more healthy gains.
The Dow climbed 0.64 percent to its second successive record, while the S&P 500 gained 0.49 percent a new all-time high, while the Nasdaq added 0.68 percent.
Thursday's gains added to the previous day's rally after the Federal Reserve said it would stick to its steady-as-she-goes policy on interest rates, which would see them kept at record lows until mid-2015.
US investors were also cheered by news that Chinese online retail titan Alibaba was on course for a record $25 billion listing in New York on Friday.
Art Hogan, chief market strategist at Wunderlich Securities, said the initial public offering "feels as though it's going to be a success".
The dollar jumped to 109.21 yen in Tokyo, up from 108.68 yen in New York and closing in on the 110 yen mark last seen in August 2008.
On oil markets US benchmark West Texas Intermediate for October delivery fell 20 cents to $92.87 while Brent crude for November eased 15 cents to $97.55 in mid-morning trade.
Gold was at $1,220.54 an ounce, against $1,223.70 an ounce late Thursday.

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*

Arab Today, arab today asian shares follow wall st higher pound up on scotland vote Arab Today, arab today asian shares follow wall st higher pound up on scotland vote

 



Arab Today, arab today
Arab Today, arab today Rabia Fatima reveals role of "Facebook" in her career

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 13:40 2017 Thursday ,23 February

Muscat Securities Market loses 17 points

GMT 13:18 2017 Thursday ,23 February

Bahrain Bourse daily trading report

GMT 05:51 2017 Thursday ,23 February

Saudi stocks edge up as Brent futures rebound

GMT 20:48 2017 Wednesday ,22 February

Dividend announcements drive Muscat bourse

GMT 16:56 2017 Wednesday ,22 February

Global gold prices drop

GMT 16:01 2017 Wednesday ,22 February

Tadawul edges down 0.2%

GMT 13:22 2017 Wednesday ,22 February

Canadian stock market closes at record high

GMT 11:50 2017 Wednesday ,22 February

Most Asia markets up as Hong Kong rebounds
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday