Asian markets at a standstill: Holidays slow down!
Asian markets at a standstill: Holidays slow down!
The Asian stock exchanges presented themselves extremely behavior on Wednesday, December 25, 2024, which was mainly due to the celebrations in many countries. According to the FAZ , the Shanghai Composite Index was hardly moving and noted at 3,393,35 points. In the meantime, the index of the largest companies in Shanghai and Shenzhen was slightly able to increase at 3,985.62 points. Despite the announcement of new measures to support the troubled real estate market, many investors remained reserved. In Tokyo, the Nikkei index closed 0.24 percent on 39,130.43 points, while the broader Topix remained almost unchanged at 2,724.79 points. The entertainment giant Konami lost over two percent and imposed Nikkei, while Nissan added 8.6 percent.
US markets are optimistic about
In the USA, the trade on Christmas Eve was positive in a shortened meeting, reports Investment Week . The Dow Jones Industrial rose by 0.91 percent and scored 43,297.03 points, supported by hope for a successful Christmas business, especially at Walmart, whose shares increased by 2.58 percent. Amazon also had an increase of 1.77 percent. The S&P 500 closed with an increase of 1.1 percent at 6,040.04 points, while the technology-oriented NASDAQ index climbed by 1.37 percent to 21,797.65 points. However, the trading volume remained comparatively low in view of the holidays, and there was no striking company news or economic impulses that could significantly influence the market.
Stability in the oil market was supported by the prospect of a possible economic recovery in China in the coming year, which led to an increase in the rude oil price of the North Sea variety of Brent by $ 73.65 per barrel. In foreign exchange trading, the dollar showed a slight upgrade of 0.1 percent compared to the yen and was connected with 157.37 yen, while the euro stagnated at $ 1.0403.
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| Ort | Shanghai, China |
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