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POPULAR NEWS
Dow marks 2nd all-time high in a row but tech stocks weigh on broader market

The Dow Jones Industrial Average notched its second straight record close in succession, but declines in consumer-discretionary shares and technology weighed on the broader market. The Dow closed up 0.2% at 26,719 (on a preliminary basis). while the S&P 500 index fell by less than 0.1% to end at 2,929, and the technology-centric Nasdaq Composite Index ended down 0.5% at 7,986, contributing to a weekly decline for the index of 0.3%. Meanwhile, the Dow posted a weekly gain of 2.2%, representing...

Hong Kong Stocks Head Into Weekend On Strong Note (Review)

Hong Kong stocks posted a fourth day of gains Friday to end the week with a sparkle following a record close on Wall Street, with investors concentrating on the healthy US economy rather than the China-US trade row. The Hang Seng Index rose 1.73 percent, or 475.91 points, to close at 27,953.58. The benchmark Shanghai Composite Index soared 2.50 percent, or 68.24 points, to 2,797.48, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.77 percent, or...

Nikkei dips in choppy trade; Toray drops, defence-equipment shares up
Tuesday, 28 November 2017 13:28 WIB | MARKET UPDATE |Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix

Japan's Nikkei share average dipped on Tuesday in choppy trade, with Toray Industries diving after it said a subsidiary had falsified data, while concerns North Korea might launch more missiles lifted stocks linked to defence.

The Nikkei closed 0.04 percent lower at 22,486.24, after earlier trading in positive territory.

Toray, a producer of synthetic fibres and textiles, lost 5.3 percent after it revealed 149 cases of quality data falsification at a materials-making subsidiary.

Producers of defence-related products soared after North Korea was suspected of preparing for another ballistic missile launch.

Howa Machinery Ltd, which makes firearms as well as machine tools and construction equipment, climbed 12.5 percent, gas mask maker Koken Ltd gained 2.3 percent, and flare and smoke marker manufacturer Hosoya Pyro-Engineering Co surged 5.3 percent.

Drug maker Shionogi & Co gained 2.1 percent with the company set to repurchase up to 4.8 million of its own shares, or 1.5 percent of outstanding stock.

The broader Topix slipped 0.26 percent to 1,772.07.

Source: Reuters

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POPULAR NEWS
Dow marks 2nd all-time high in a row but tech stocks weigh on broader market

The Dow Jones Industrial Average notched its second straight record close in succession, but declines in consumer-discretionary shares and technology weighed on the broader market. The Dow closed up 0.2% at 26,719 (on a preliminary basis). while the S&P 500 index fell by less than 0.1% to end at 2,929, and the technology-centric Nasdaq Composite Index ended down 0.5% at 7,986, contributing to a weekly decline for the index of 0.3%. Meanwhile, the Dow posted a weekly gain of 2.2%, representing...

Hong Kong Stocks Head Into Weekend On Strong Note (Review)

Hong Kong stocks posted a fourth day of gains Friday to end the week with a sparkle following a record close on Wall Street, with investors concentrating on the healthy US economy rather than the China-US trade row. The Hang Seng Index rose 1.73 percent, or 475.91 points, to close at 27,953.58. The benchmark Shanghai Composite Index soared 2.50 percent, or 68.24 points, to 2,797.48, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.77 percent, or...

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