The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyYesterday at 8:59 pm by Backstage

» HASU.N0000 (HNB ASSURANCE PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyYesterday at 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyYesterday at 6:02 pm by Ethical Trader

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» Thread for News on CSE and SL Economy
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 16, 2019 6:52 pm by NIRMALSG

» Dividend Announcement
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySat Apr 13, 2019 10:53 pm by nihal123

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» Thread for News on Local and Foreign Politics
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 09, 2019 11:25 am by Ethical Trader

» අනං මනං! #/+?.<>
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 08, 2019 6:07 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 05, 2019 12:36 pm by Ethical Trader

» Micro Finance
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Apr 05, 2019 7:40 am by serene

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Apr 01, 2019 5:01 am by NIRMALSG

» VONE.N0000 (VALLIBEL ONE PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Happy Birthday
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Mar 29, 2019 9:58 am by Backstage

» Re: Financial reports Q1-2019
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyTue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyFri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptyThu Mar 14, 2019 2:46 pm by yellow knife

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats EmptySun Mar 10, 2019 6:40 am by ruwan326

April 2019
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
282930    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats

Go down

Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats Empty Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats

Post by sashimaal on Thu Feb 16, 2017 8:25 pm

Author LBO

HONG KONG, Feb 16 (Reuters) – Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on Wall Street and strong U.S. data though the dollar stepped back after a recent bounce.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, rising to its highest since July 2015. It is up by a tenth so far this year partly underpinned by more optimistic earnings expectations and a gradual unwinding of bearish emerging market bets.

Australian stocks advanced 0.4 percent in early deals with looming jobs data the key event risk on the day. A strong showing would set the market up for further gains with technical indicators helping.

“The index has now closed above the key technical resistance level at 5,800 which is a bullish sign opening up further gains in the coming months back towards 6,000,” said James Woods, global investment analyst at Rivkin Securities in Sydney.

The Australian employment data is due at 00:30 GMT with market expectations centering around 10,000 jobs being created.

Wall Street pushed further into record-high territory on Wednesday, with the S&P 500 notching a seven-session winning streak, helped by robust economic data and optimism that President Donald Trump will cut corporate taxes.

That optimism was not shared in the currency markets with the dollar’s recent bounce running out of steam as investors took profits even as fresh data showed a pick up in inflationary pressures.

U.S. consumer prices recorded their biggest increase in nearly four years in January, backing expectations for the Federal Reserve to raise interest rates at a steady pace over the course of the year.

Fed Chair Janet Yellen, in her second day of economic testimony before Congress, offered no additional insight on the timing of the central bank’s next rate hike after her comments a day earlier had hinted at a fairly hawkish policy stance.

Traders may also be leaning towards a rate increase delayed beyond the Fed’s March meeting, with the futures markets only pricing a 27 percent chance of a tightening next month.

The dollar index, which measures the currency against a trade-weighted basket of six major peers, slipped to 101.02. It rallied to a one-month high of 101.76 on Wednesday.

In commodity markets, oil prices softened as record high U.S. crude and gasoline inventories fed concerns about a global glut. U.S. crude was down 0.15 percent at $53.03 a barrel and Brent was flat at $55.75 a barrel
sashimaal
sashimaal
Top contributor
Top contributor

Posts : 5743
Join date : 2014-02-28

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum