Bulletin
Investor Alert

Asia Markets Archives | Email alerts

Sept. 30, 2019, 11:16 p.m. EDT

Asian markets rise ahead of Australia interest-rate announcement

Nikkei rises as sales tax rises; markets closed in Hong Kong, mainland China

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NIKKEI 225 Index (NIK)
  • X
    KOSPI Composite Index (180721)
  • X
    Taiwan TAIEX (Y9999)

or Cancel Already have a watchlist? Log In

By Marketwatch and Associated Press


Reuters
A Sydney businessman walks into the light outside the Reserve Bank of Australia.

Asian markets gained in early trading Tuesday following muted gains on Wall Street.

Investors awaited an announcement from Australia’s central bank later in the day, with investors expecting a 25-basis-point interest-rate cut.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -0.18%   rose 0.7% as the national sales tax was raised by 2 percentage points, despite worries that it could derail the country’s economic recovery and bring on recession. Prime Minister Shinzo Abe had previously postponed the hike, but said it had to be raised to cover rising health costs and national debt.

Markets in Hong Kong and mainland China were closed for a weeklong National Day holiday, celebrating 70 years of Communist rule in China.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.05%   gained 0.4%. Benchmark indexes in Taiwan /zigman2/quotes/210597977/delayed TW:Y9999 -0.02%   and Singapore /zigman2/quotes/210597985/delayed SG:STI -0.18%   rose about 1%, while stocks were about flat in Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.79%  . Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -1.63%   advanced 0.3%.

Among individual stocks, SoftBank /zigman2/quotes/207303954/delayed JP:9984 +0.10%   gained in Tokyo trading, along with Toyota /zigman2/quotes/203803129/delayed JP:7203 -3.13%   and Nintendo  . LG Electronics /zigman2/quotes/209966407/delayed KR:066570 +1.37%   and Hyundai Motor /zigman2/quotes/206684590/delayed KR:005380 +0.82%   slipped in South Korea while Taiwan Semiconductor /zigman2/quotes/207385621/delayed TW:2330 -0.68%   rose in Taiwan. In Australia, Oil Search /zigman2/quotes/204702973/delayed AU:OSH +1.46%   fell.

/zigman2/quotes/210597971/delayed
JP : Nikkei
21,877.89
-38.42 -0.18%
Volume: 0.00
May 29, 2020 3:00p
loading...
/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
loading...
/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
4,753.61
+37.43 +0.79%
Volume: 0.00
May 29, 2020 3:00p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,755.70
-95.40 -1.63%
Volume: 2.45M
May 29, 2020 5:16p
loading...
/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
loading...
/zigman2/quotes/203803129/delayed
JP : Japan: Tokyo
¥ 6,755.00
-218.00 -3.13%
Volume: 21.83M
May 29, 2020 3:00p
P/E Ratio
7.81
Dividend Yield
3.26%
Market Cap
¥18685.40 billion
Rev. per Employee
¥81.43M
loading...
/zigman2/quotes/209966407/delayed
KR : S. Korea: KRX
59,300.00
+800.00 +1.37%
Volume: 900,113
May 29, 2020 3:30p
P/E Ratio
21.98
Dividend Yield
1.26%
Market Cap
₩10677.90 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/206684590/delayed
KR : S. Korea: KRX
98,000.00
+800.00 +0.82%
Volume: 2.01M
May 29, 2020 3:30p
P/E Ratio
9.84
Dividend Yield
4.08%
Market Cap
₩25505.30 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/204702973/delayed
AU : Australia: Sydney
$ 3.48
+0.05 +1.46%
Volume: 27.09M
May 29, 2020 4:10p
P/E Ratio
11.86
Dividend Yield
4.06%
Market Cap
$7.23 billion
Rev. per Employee
$1.46M
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.