Arab Today, arab today asian stocks mostly higher on tuesday
Last Updated : GMT 06:43:05
Arab Today, arab today
Arab Today, arab today

Asian stocks mostly higher on Tuesday

Arab Today, arab today

Arab Today, arab today Asian stocks mostly higher on Tuesday

Asian stocks mostly higher on Tuesday
Tokyo - QNA

Asian stocks mostly gained on Tuesday and the Japanese yen rallied to a fresh eighteen-month high as investors grew doubtful about global central banks' ability to boost growth through aggressive policy easing.

    On Tuesday, Australia's shares climbed and its dollar falling after the Reserve Bank of Australia cut interest rates unexpectedly. The RBA cut its benchmark rate by 25 basis points to a record low 1.75 percent, noting that inflation data are unexpectedly low and that it is less concerned by the risk low rates pose to the housing market. 

    In the wake of the decision, the benchmark ASX 200 ended up 2.11 percent, or 110.83 points, at 5,353.80, compared with gains of around 0.55 percent before the decision. The Australian dollar dropped to as low as $0.7553 after the decision, from levels a tad above $0.77 before the announcement.

    Meanwhile, regional markets largely shrugged off a disappointing survey on China's manufacturing sector. Hong Kong's Hang Seng Index dropped 1.45 percent by 3:37 p.m. HK/SIN time, extending losses after the disappointing data. But on the mainland, shares extended gains, with the Shanghai Composite tacking on 1.87 percent, or 54.87 points, to end at 2993.20, and the Shenzhen Composite added 2.94 percent, or 55.04 points, to close at 1929.03. 

    South Korea's Kospi index added 0.42 percent, or 8.26 points, to end at 1986.41. Japan's stock market is closed for the Golden Week holidays.  Elsewhere, financial spreadbetters expect stock markets in Britain, Germany and France to open broadly steady to slightly higher on Tuesday.

    The dollar set a fresh 18-month low versus the yen on Tuesday, as the yen pushed higher in a holiday-thinned market with one Singapore-based trader saying there appeared to some speculative yen buying. The dollar was trading at the day's lows, down 0.5 percent to 105.9 yen JPY=, its lowest level since October 2014.

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 stocks mostly higher on tuesday Arab Today, arab today asian stocks mostly higher on tuesday

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" 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