Market LIVE: Asian equities ease in quiet trade

Welcome to the Mint live blog. Track this space for the latest stock market updates.






17 Aug 2020, 08:17:02 AM IST

SGX Nifty futures climb higher

SGX Nifty futures were 0.9% higher at 11,290.20 in early deals on Monday, indicating a positive start to domestic benchmark indices.






17 Aug 2020, 08:15:04 AM IST

Asian stocks pause near recent highs

Asian equities were tiptoed around near recent highs in quiet trade on Monday as investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend, and maybe take some pressure off the beleaguered dollar.

MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.02% lower at 562, but still eyeing the January top of 574.52.

Japan’s Nikkei dipped 0.4% after touching a six-month peak on Friday, as the country suffered its biggest economic contraction on record in the second quarter.

Japan’s Topix index fell 0.2% and Australia’s S&P/ASX 200 Index declined 0.3%. South Korea was shut for a holiday.






17 Aug 2020, 08:09:52 AM IST

US stocks decline on weak economic data, US stimulus delay

Stocks on Wall Street dipped on Friday as data out of China, the euro zone and the US put a lid on expectations for a sustained global rebound, with traders already worried about a delay in US fiscal stimulus.

The Dow Jones Industrial Average fell 53.66 points, or 0.19%, to 27,843.06, the S&P 500 lost 9.69 points, or 0.29%, to 3,363.74 and the Nasdaq Composite dropped 58.59 points, or 0.53%, to 10,983.92.

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