Stock market today: Asian shares are mostly higher, tracking a rally on Wall Street [Yahoo! Finance Canada]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Yahoo! Finance Canada
Chinese shares rose as leaders met in Beijing to set economic plans and targets for the coming year. The government announced plans to expand trial private pension programs to the entire country, beginning Dec. 15. The Hang Seng in Hong Kong jumped 1.4% to 20,441.57 and the Shanghai Composite index gained 0.9% to 3,461.50. Tokyo's Nikkei 225 index advanced 1.2% to 39,849.14, led by buying of technology shares. Advantest Corp., which makes equipment for testing computer chips, gained 5.1%, while chip maker Tokyo Electron was up 0.6%. South Korea's Kospi gained 1.6% to 2,482.12, while the S&P/ASX 200 in Australia slipped 0.3% to 8,330.30. Taiwan's Taiex climbed 0.6% and the Sensex in India shed 0.2%. The SET in Bangkok picked up 0.2%. U.S. stock indexes resumed climbing on Wednesday after an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve The S&P 500 rose 0.8% to break its first two-day losing streak in nearly a month and
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Analyst Actions
- 10/9/24 - Sanford C. Bernstein