Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Asia-Pacific markets rise as SoftBank stock soars; bitcoin touches new high

by
November 9, 2021
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

NBA and players reach a deal for a new 7-year labor agreement

D.E. Shaw spots an opportunity to boost margins at FleetCor – and do so amicably

SINGAPORE — Shares in Asia-Pacific rose in Monday trade following overnight gains on Wall Street that took the major indexes to record closing highs. Meanwhile, bitcoin touched a record high.

Shares of Japanese conglomerate SoftBank Group soared 10.1% after the firm announced Monday a plan to buy back up to one trillion yen ($8.83 billion) of its own shares. SoftBank on Monday reported a 398 billion yen ($3.5 billion) net loss in the three-month period ended Sept. 30.

Japan’s broader Nikkei 225 gained 0.1% while the Topix index traded 0.08% lower.

Mainland Chinese stocks were mixed, with the Shanghai composite slipping fractionally while the Shenzhen component gained around 0.1%. Hong Kong’s Hang Seng index traded 0.1% higher.

South Korea’s Kospi shed 0.24%. In Australia, the S&P/ASX 200 rose about 0.1%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.25% higher.

Bitcoin surges to record high

Bitcoin rose to a record high in the morning of Asia trading hours, with the cryptocurrency trading at $67,650.59 as of 9:32 p.m. ET Monday, according to data from Coin Metrics. Ether also hit an all-time high, trading at $4,791.35.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.039 after a recent decline from above 94.2.

The Japanese yen traded at 113.05 per dollar, stronger than levels above 113.5 seen against the greenback yesterday. The Australian dollar was at $0.7403, still off levels above $0.75 seen last week.

Oil prices were higher in the morning of Asia trading hours, with international benchmark Brent crude futures up 0.08% to $83.50 per barrel. U.S. crude futures climbed 0.11% to $82.02 per barrel.

Wall Street record highs

All three major indexes on Wall Street advanced to record closing highs following the approval of an infrastructure spending package.

The Dow Jones Industrial Average climbed 104.27 points to 36,432.22 while the S&P 500 gained nearly 0.1% to 4,701.70. The Nasdaq Composite advanced fractionally to 15,982.36. Monday’s gains left all three major indexes closing at record highs.

The U.S. House of Representatives late Friday passed a more than $1 trillion infrastructure bill. First passed by the Senate in August, the package would provide new funding for transportation, utilities and broadband, among other infrastructure projects.

ShareTweetPin

Related Posts

NBA and players reach a deal for a new 7-year labor agreement

by
April 1, 2023
0

NBA Commissioner Adam Silver speaks to the media during a press conference as part of the 2022 All-Star Weekend at...

D.E. Shaw spots an opportunity to boost margins at FleetCor – and do so amicably

by
April 1, 2023
0

In this article FLT Follow your favorite stocksCREATE FREE ACCOUNT Djelics | E+ | Getty Images Company: FleetCor Technologies (FLT)...

At least 21 are dead after tornadoes rake the U.S. Midwest and South

by
April 1, 2023
0

A car is upturned in a Kroger parking lot after a severe storm swept through Little Rock, Ark., Friday, March...

ETF outlook: Why Wall Street strategists aren’t chasing a growth stock trade just yet

by
April 1, 2023
0

The rally in growth and tech stocks in the first quarter caught much of Wall Street off-guard, but many ETF...

On the cusp of record inflows? Playing the hot international trade with ETFs

by
April 1, 2023
0

In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT There's a corner of the market gaining traction among ETF...

Next Post

China's zero-Covid strategy will cause its economy to slow down further, economist warns

JPMorgan picks 3 chip stocks set to benefit as supply chain disruptions ease

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net