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Dec. 26, 2019, 10:44 p.m. EST

Asian markets advance as more records fall on Wall Street

Nikkei flat, while Hang Seng surges higher

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By Marketwatch and Associated Press


Reuters
The Hong Kong skyline is lit up.

Asian markets mostly gained in early trading Friday, after yet more record highs on Wall Street.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -0.18%   was about flat, while Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.74%   gained 1.2%. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.22%   advanced 0.7% while the Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +0.95%   edged up 0.5%. South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.05%   inched up 0.5%. Benchmark indexes in Taiwan /zigman2/quotes/210597977/delayed TW:Y9999 -0.02%  , Singapore /zigman2/quotes/210597985/delayed SG:STI -0.18%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.79%   rose, while stocks were little changed in Malaysia /zigman2/quotes/210598052/delayed MY:FBMKLCI +1.08%  . Australia’s S&P ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -1.63%   rose 0.3%.

Among individual stocks, SoftBank /zigman2/quotes/207303954/delayed JP:9984 +0.10%   and Yahoo Japan parent Z Holdings /zigman2/quotes/207641152/delayed JP:4689 -2.00%  advanced in Tokyo trading, while Fast Retailing /zigman2/quotes/200663563/delayed JP:9983 +2.40%   and pharmaceutical company Otsuka Holdings /zigman2/quotes/201681622/delayed JP:4578 +4.18%   declined. In Hong Kong, property developer Country Garden /zigman2/quotes/201681083/delayed HK:2007 -0.10%   and casino operators Galaxy Entertainment /zigman2/quotes/202884203/delayed HK:27 -0.19%   and Sands China /zigman2/quotes/207609245/delayed HK:1928 -1.31%   gained. Samsung /zigman2/quotes/209800866/delayed KR:005930 +0.60%   surged in South Korea, and Taiwan Semiconductor /zigman2/quotes/207385621/delayed TW:2330 -0.68%   rose in Taiwan. Beach Energy /zigman2/quotes/200513631/delayed AU:BPT +1.25%   fell while BHP /zigman2/quotes/201448516/delayed AU:BHP -1.48%   gained in Australia.

U.S. stocks returned from the Christmas holiday and powered higher again Thursday, helped by reports of record year-end retail sales. The tech-heavy Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +1.29%  closed at 9,000 for the first time ever, closing above 9,022. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.07%   and the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.48%   closed at record highs as well.

European markets will reopen Friday after a two-day Christmas holiday.

Investors welcomed President Donald Trump’s comment that an interim “Phase 1” trade deal was “getting done.” Trump said he and Chinese President Xi Jinping would hold a signing ceremony.

Markets have been encouraged by positive comments about the agreement, though details have yet to be released.

Chinese customs data this week showed soybean imports rose in November in a possible boost to American farmers. Midwestern farm states were battered by Beijing’s suspension of purchases of U.S. soybeans, the biggest Chinese import from the United States, in response to Trump’s tariff hikes in a fight over China’s technology ambitions and trade surplus.

“Broadly risk sentiment is positive,” Mizuho Bank said in a report.

.

Benchmark U.S. crude /zigman2/quotes/209723049/delayed CL00 -0.48%   gained 13 cents to $61.81 per barrel in electronic trading on the New York Mercantile Exchange. The contract added 57 cents on Thursday to close at $61.88. Brent crude  , used to price international oils, advanced 6 cents to $66.82 per barrel in London. It rose 60 cents the previous session to $66.76.

The dollar /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0009%   weakened to 109.47 yen from Thursday’s 109.57 yen.

/zigman2/quotes/210597971/delayed
JP : Nikkei
21,877.89
-38.42 -0.18%
Volume: 0.00
May 29, 2020 3:00p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
22,961.47
-171.29 -0.74%
Volume: 3.62M
May 29, 2020 4:08p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,852.35
+6.13 +0.22%
Volume: 20.68B
May 29, 2020 3:01p
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/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
1,786.51
+16.81 +0.95%
Volume: 29.49B
May 29, 2020 3:00p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,029.60
+1.06 +0.05%
Volume: 1.09M
May 29, 2020 3:33p
loading...
/zigman2/quotes/210597977/delayed
TW : Taiwan Stock Exchange
10,942.16
-2.03 -0.02%
Volume: 0.00
May 29, 2020 1:33p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,510.75
-4.49 -0.18%
Volume: 0.00
May 29, 2020 5:20p
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/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
4,753.61
+37.43 +0.79%
Volume: 0.00
May 29, 2020 3:00p
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/zigman2/quotes/210598052/delayed
MY : Malaysia
1,473.25
+15.75 +1.08%
Volume: 0.00
May 29, 2020 5:05p
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,755.70
-95.40 -1.63%
Volume: 2.45M
May 29, 2020 5:16p
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/zigman2/quotes/207303954/delayed
JP : Japan: Tokyo
¥ 4,832.00
+5.00 +0.10%
Volume: 21.51M
May 29, 2020 3:00p
P/E Ratio
32.42
Dividend Yield
0.91%
Market Cap
¥9992.53 billion
Rev. per Employee
¥126.96M
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/zigman2/quotes/207641152/delayed
JP : Japan: Tokyo
¥ 440.00
-9.00 -2.00%
Volume: 24.36M
May 29, 2020 3:00p
P/E Ratio
26.10
Dividend Yield
2.01%
Market Cap
¥2095.48 billion
Rev. per Employee
¥77.26M
loading...
/zigman2/quotes/200663563/delayed
JP : Japan: Tokyo
¥ 60,530.00
+1,420 +2.40%
Volume: 1.78M
May 29, 2020 3:00p
P/E Ratio
41.53
Dividend Yield
0.79%
Market Cap
¥6179.06 billion
Rev. per Employee
¥40.83M
loading...
/zigman2/quotes/201681622/delayed
JP : Japan: Tokyo
¥ 4,864.00
+195.00 +4.18%
Volume: 2.85M
May 29, 2020 3:00p
P/E Ratio
18.55
Dividend Yield
2.06%
Market Cap
¥2637.54 billion
Rev. per Employee
¥39.37M
loading...
/zigman2/quotes/201681083/delayed
HK : Hong Kong
HK$ 9.58
-0.01 -0.10%
Volume: 34.79M
May 29, 2020 4:08p
P/E Ratio
4.73
Dividend Yield
6.53%
Market Cap
HK$206.74 billion
Rev. per Employee
HK$3.60M
loading...
/zigman2/quotes/202884203/delayed
HK : Hong Kong
HK$ 52.30
-0.10 -0.19%
Volume: 8.72M
May 29, 2020 4:08p
P/E Ratio
17.43
Dividend Yield
1.74%
Market Cap
HK$226.72 billion
Rev. per Employee
HK$1.44M
loading...
/zigman2/quotes/207609245/delayed
HK : Hong Kong
HK$ 30.15
-0.40 -1.31%
Volume: 18.78M
May 29, 2020 4:08p
P/E Ratio
15.31
Dividend Yield
3.28%
Market Cap
HK$243.88 billion
Rev. per Employee
HK$1.41M
loading...
/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
50,700.00
+300.00 +0.60%
Volume: 27.60M
May 29, 2020 3:30p
P/E Ratio
16.18
Dividend Yield
2.79%
Market Cap
₩344388.00 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207385621/delayed
TW : Taiwan
NT$ 292.00
-2.00 -0.68%
Volume: 79.77M
May 29, 2020 1:30p
P/E Ratio
18.89
Dividend Yield
3.42%
Market Cap
NT$7571.68 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200513631/delayed
AU : Australia: Sydney
$ 1.62
+0.02 +1.25%
Volume: 20.67M
May 29, 2020 4:10p
P/E Ratio
6.44
Dividend Yield
1.24%
Market Cap
$3.68 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/201448516/delayed
AU : Australia: Sydney
$ 34.64
-0.52 -1.48%
Volume: 14.06M
May 29, 2020 4:10p
P/E Ratio
12.96
Dividend Yield
6.15%
Market Cap
$175.17 billion
Rev. per Employee
N/A
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,489.87
+120.88 +1.29%
Volume: 4.24M
May 29, 2020 5:16p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
25,383.11
-17.53 -0.07%
Volume: 545.14M
May 29, 2020 5:14p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
loading...
/zigman2/quotes/209723049/delayed
US : U.S.: Nymex
$ 35.32
-0.17 -0.48%
Volume: 420,891
May 29, 2020 4:59p
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/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
107.8050
+0.0010 +0.0009%
Volume: 0.0000
May 29, 2020 4:59p
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