MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Asian Equities Higher As Tech Names Lead the Way

ASIA STOCKS

Regional Asian Equities are higher today, following on from the US overnight as markets made new highs, tech names are the top performer. Japan out for Emperor's day.


  • Japan equities are closed today for Emperors Day.
  • Taiwan Equities saw $413m of foreign equity inflows on Thursday, almost erasing all outflows from the day prior as investors took profit ahead of Nvidia earnings. TMSC again leads the market higher up 1.00%, as the Taiex makes new all time highs to trade up 0.50% today.
  • South Korean equities are also higher today and set for a fifth week of gains, largely due to strength in the semiconductor space. Similar to Taiwan, SK saw decent foreign equity inflows of $187m, however momentum is slowing as the 5-day average now sits at $190m, well below the 20-day average of $296m. The Kospi is 0.50%.
  • Australian Equities are higher today, the tech sector is trading well although it contributes little to the overall market. Financials are contributing the most to the market led by CBA up 0.80%, while the ASX200 is 0.40% higher.
  • Elsewhere in SEA, New Zealand Equities is up 0.70%, Indonesia saw net selling by foreigners on Thursday contributing to their equity trading lower today, down 0.70%
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.