Monday 11 August 2014

HSI in red falling by more than 0.1%; Asian equities swinging in highs and lows 12 August 2014



Trades in the Asian countries swung in highs and lows giving the investors and opportunity to gain in short-term trades. As the market data looked optimistic trading volumes surged for the second session in a row. 
Forex Calls

America's most popular trade representative index Dow Jones Industrial Average surged 0.1 percent at the closing day, one of the lowest points in recent scripts. 

Standard and Poor's 500 index, which publishes financial growth of US markets lowered its growth to 0.3 percent higher closing with support from Technological major Nasdaq, which soared 0.7 percent bagging the first place in its sectoral growth. 

Chicago Board Option Exchange (CBOE) volatility index (VIX) escalated to close at 15 after rallying to 14.18 in the records of previous month. 

In Russia, President Vladimir Putin quoted, "Russia is working with International Red Cross association to help people of Ukraine by send in humanitarian help." His statement calmed down the geopolitical fear in investors which reduced the steep falls of market indices to a smaller fall.

Shanghai Composite Index, representative of Chinese equities shed 0.52 percent equal to 11.68 points bringing down the benchmark level to 2,212.98. 

Hong Kong's benchmark Hang Seng Index (HSI) opened lower by 0.10 percent which pulled out 24.84 points bringing the total level to 24,621.18.

Nikkei, showed positive Japanese markets as it gained 0.35 percent to 15,183 adding 52.48 points. Benchmark of Singapore Strait Times Index rose 0.3 percent expanding to 3,315.92 with 9.47 points in the opening call. 

Seoul Composite Index, expanded 0.24 percent, i.e. 4.95 points bringing South Korea's index data to 2,044.32. Taiwan Weighted opened flat at 9,167.61.



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