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GLOBAL MARKETS 01/02 WEDNESDAY

Yatheendradas C.k. at 08:36 AM - Feb 02, 2017 ( ) Views: 156

GLOBAL MARKETS 01/02 WEDNESDAY

Shares were mostly higher in Asia, lifted by upbeat manufacturing data from China and Japan. Japan's Nikkei 225 rose 0.56% to 19,148.08 and the Kospi in South Korea jumped 0.62% to 2,080.48. Australia's. ASX 200 gained 0.57%to 5,6453.17. Hong Kong's Hang Seng  resumed trade from the Lunar New Year holiday break, fell 0.18% to 23,318.39 Shares in Southeast Asia were mostly higher. Markets in mainland China and Taiwan were closed for the lunar new year holiday.

European markets closed higher on Wednesday as investors focused on corporate earnings. Germany’s DAX 30 moved 1.08% higher to end at 11,659.50, and France’s CAC 40 added 0.96% to 4,794.58.The U.K’s FTSE 100 edged up by 0.12% to close at 7,107.65.

U.S. equities closed mostly higherafter the Federal Reserve kept interest rates unchanged, as was widely expected. Dow Jones Industrial Average rose 26.85 points, or 0.14%, to finish at 19,890.94. The S&P 500 index advanced 0.35 points or 0.03%to close at 2,279.22.The Nasdaq Composite Index rose 27.86 points, or 0.50%, to finish at 5,642.65.

Oil prices were higheron signs that Russia and OPEC producers are delivering on promised supply reductions, though weekly U.S. supply data suggested a crude glut may persist. Brent Crude rose $1.05, or 1.9 percent, to $56.63 a barrel. U.S. Crude settled up $1.07, or 2 percent, at $53.88.

Gold prices held their levels Wednesday after the Federal Reserve left interest rates unchanged at its latest meeting. Gold Futures rose 0.1 percent to near $1,212.6 an ounce. Spot Silver rose 0.24 percent to $17.585 an ounce.

 

 


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