Chinese and Hong Kong stocks rise in early trade
Chinese and Hong Kong-listed stocks started the day higher Monday amid choppy trade in other key Asia-Pacific markets.
As of 9.49 a.m. local time (9.49 p.m. ET Monday), the Hang Seng Indexadded 1.12%, while mainland’sCSI 300moved up 0.38%.
— Amala Balakrishner
Asia-Pacific markets open mixed
Asia-Pacific markets started the day mixed Tuesday.
As of 8.10 a.m. Singapore time (8.10 p.m. Monday ET), Japan’s Nikkei 225 benchmark was flat while the broader Topix index added 0.32%.
In South Korea, theKospiindex was down 0.31% while the small-cap Kosdaq moved up 0.26%.
Over in Australia, theS&P/ASX 200 benchmark advanced 0.66%.
— Amala Balakrishner
Here are the opening calls for the day
Good morning from Singapore.
Investors will be keeping a close watch on a slew of data points from China today, including its growth rate for the second quarter as well as urban investment and retail sales for June.
Economists polled by Reuters expect the Asian giant’s economy to expand 5.1% in the April to June quarter, from 5.4% in the preceding quarter.
Meanwhile, separate polls by Reuters show that China’s urban investments is forecast to have risen 3.6% between January and June, while its retail sales is expected to come in at 5.4% in June, compared to 6.4% the month before.
Japan’s benchmarkNikkei 225was set to open higher, with the futures contract in Chicago at 39,560 while its counterpart in Osaka last traded at 39,510, against the index’s Monday close of 39,459.62.
Futures for Hong Kong’sHang Seng indexstood at 24,264, pointing to a stronger open compared to the HSI’s last close of 24,203.32.
Australia’sS&P/ASX 200was also set to start the day higher with futures tied to the benchmark at 8,599, compared with its last close of 8,570.40.
— Amala Balakrishner
Stock futures open little changed
Stocks end Monday slightly higher
The major stock averages ended Monday in the green.
TheS&P 500edged higher by 0.14%, finishing at 6,268.56, while theNasdaq Compositeadded 0.27% to settle at 20,640.33. TheDow Jones Industrial Averagegained 88.14 points, or 0.20%, and ended at 44,459.65.
— Pia Singh
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