{"id":53349,"date":"2014-06-26T09:35:49","date_gmt":"2014-06-26T13:35:49","guid":{"rendered":"http:\/\/countingpips.com\/?p=53349"},"modified":"2014-06-26T11:51:18","modified_gmt":"2014-06-26T15:51:18","slug":"stocks-market-report-26th-june","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/06\/stocks-market-report-26th-june\/","title":{"rendered":"Stocks Market Report 26th June"},"content":{"rendered":"
June 26, 2014<\/div>
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By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Asian Stocks\u00a0<\/span><\/h2>\n

Asian stocks were seen trading higher on Thursday\u00a0 as the US posted a\u00a0 weak GDP data for the first quarter supporting speculating that quantitative easing could be around for longer in\u00a0 the US.<\/span><\/p>\n

Japan<\/span><\/h2>\n

The Japanese benchmark Nikkei 225 index gained 0.25%, closing at 15,305.00 points, while Tokyo\u2019s Topix index added 0.22% at 1,263.52 points.<\/p>\n

Yahoo Japan saw gains, adding 0.9% to 471 yen, after the company said it will own 65% of the credit card company KC Card, according to the company\u2019s statement. The Japanese material manufacturer Unitika climbed 4.26%, while Fujitsu also added more than 3%.<\/p>\n

Japan\u2019s core Consumer Price Index (CPI) is due for release later in the day with forecasts of a 3.4% rise in May from 3.2% recorded in the previous month. Jobless rate and retail sales data are expected to be released on Friday.<\/p>\n

China<\/span><\/h2>\n

Hong Kong\u2019s Hang Seng index climbed 0.89% to 23,071.00, while the Chinese benchmark Shanghai Composite rose 0.64% to 2,038.37 points.<\/p>

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Casino operators saw gains after Macau\u2019s finance secretary said jewelry retailers won\u2019t be allowed to add payment card services.<\/p>\n

Sands China advanced 4.1% to HK$57.25, while Galaxy entertainment added 3.75%. China gas gained 4% after it is targeting sales of 30 billion cubic meters by 2020. The computer technology company Lenovo slid 1.35% lower.<\/p>\n

The South Korean Kospi index edged 0.67% higher, ending the session at 1.995.06 points, while the Australian benchmark S&P\/ASX 200 index added 0.97% higher at 5,454.30 points.<\/p>\n

US Economy<\/span><\/h2>\n

A report from the department of Commerce (DoC) showed that the gross domestic product for the world largest economy shrank 2.9% in the first quarter, compared to analysts forecast of a 1.8% contraction.<\/p>\n

Futures on the Standard & Poor\u2019s 500 index added less than 0.1% on Thursday, while stock measure gained 0.5% on Wednesday.<\/p>\n

European Stocks\u00a0<\/span><\/h2>\n

Stocks in the European region were seen trading flat on Thursday before the release of the UK financial stability report and the EU summit which will commence later in the day.<\/p>\n

The European Euro Stoxx 50 traded flat at 3,256.50, while the German DAX rose 0.20% to 9,887.80 at the time of writing. The French CAC 40 added 0.12% to 4,465.80, while UK\u2019s benchmark FTSE 100 edged 0.15% to 6,744.00.<\/p>\n

EU Gathering<\/span><\/h2>\n

European Union leaders will be gathering in Brussels to hold talks and discuss the appointment of the next European Commission (EEC) president, as well as EC jobs, EU\u2019s budget, the situation in Ukraine will be amongst the topics which will be discussed.<\/p>\n

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The post Stocks Market Report 26th June<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Asian Stocks\u00a0 Asian stocks were seen trading higher on Thursday\u00a0 as the US posted a\u00a0 weak GDP data for the first quarter supporting speculating that quantitative easing could be around for longer in\u00a0 the US. Japan The Japanese benchmark Nikkei 225 index gained 0.25%, closing at 15,305.00 points, while Tokyo\u2019s […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-53349","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=53349"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=53349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=53349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=53349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}