Stocks Blog: Shanghai extends losing streak to fifth consecutive trading day but Hang Seng ends up

To be sure, stocks around the world are not helping, as the global selloff extends into Friday trading as Meanwhile, the odds of a Fed rate increase by year-end rose to 78 percent on Thursday, the highest Interestingly that means that the now snapped 8-day losing streak for that index is actually.

TOKYO-Japan’s economy grew at an annualized pace of 1.4% in the July-September quarter, marking its longest growth streak in 16 years with help from stronger global demand. The growth for the seventh straight quarter is welcome news for Prime Minister Shinzo Abe, who won a new mandate from voters.

KUALA LUMPUR: The FBM KLCI snapped its losing streak since last July in early trade on Thursday, Jan 27 lifted by gains at index-linked PLANTATION [] stocks and key blue chips. At mid-morning, the 30-stock index was up 9.07 points to 1,529.07, boosted by gains including at KLK, DiGi, CIMB and Sime Darby.

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Hang Seng ends up, ending streak of five straight trading days of losses. Shanghai extends losses to fifth consecutive trading day. Shanghai ended down a bit, and the Hang Seng up 0.5 per cent, though after giving up earlier larger gains.

The Hang Seng and Nikkei were up but the Shanghai Composite was down. On the last day of the trading week (22/11), Indonesia’s benchmark stock index (IHSG) fell 0.19 percent to 4,317.96 points thereby extending its losing streak to three days as investors remain concerned about the looming.

House price growth halved over past year, says Halifax Economist Trent Wiltshire says. year-on-year. “We’re predicting only moderate property price growth over the next 18 months,” he cautions. “Prices should bottom out soon, but the impact of lower.

In afternoon trading, Japan’s Nikkei 225 index lost 0.2% while Hong Kong’s Hang Seng put on 0.2% and the Shanghai Composite was steady. However, the markets still closed in positive territory. Japan’s Nikkei 225 index closed up 0.4% at 20,710.91, while Hong Kong’s Hang Seng index ended.

The Hang Seng index also ended its run of five days of losses as early weakness was erased with short covering prompting a rebound for beaten-down property stocks. Utilities stocks were the strongest performers among the defensive names with China Resources Power jumping 2.3 per cent.

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