Asian Shares edged up as Investors expect policy support from Washington

Asian Shares

Asian shares edged up on Wednesday with investors also expecting more policy support from Washington. According to the details, MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.25% while Japan’s Nikkei advanced 0.35%. Mainland Chinese shares slipped a tad, with bellwether CSI300 index giving up 0.3% on investor caution after having hit a five-year … Read more

Alibaba shares soar more than 6 percent

Alibaba shares soar more than 6% on Hong Kong debut

Shares in Chinese online retail giant Alibaba surged more than six percent on their Hong Kong debut Tuesday, after raising at least $11 billion in the city´s biggest IPO in nearly a decade. Alibaba, which already is listed in the United States, had set the price for each share at HK$176, but the stock jumped … Read more

Pakistan Stock Exchange starts on a positive note

PSX

The last day of the trading week in the Pakistan stock exchange (PSX) has started with a positive note. On Friday, the market started trading at 37,225 and witnesses a shoot up of 40 points in the 100 index during the opening hour. Earlier, Pakistan stock market saw a sharp uptrend on the second day … Read more