Thursday, September 16, 2021
Home Business Japanese stocks set for muted start; China's industrial profit growth slows in...

Japanese stocks set for muted start; China’s industrial profit growth slows in May


SINGAPORE — Shares in Japan looked set for a muted start on Monday morning. Meanwhile, data showed that China’s industrial profits for May slowed.

Futures pointed to a quiet start for Japanese stocks. The Nikkei futures contract in Chicago was at 29,070 while its counterpart in Osaka was at 28,990. That compared against the Nikkei 225’s last close at 29,066.18.

Australia stocks looked poised to drop. The SPI futures contract was at 7,212, as compared with the S&P/ASX 200’s last close at 7,308.

Data released Sunday showed profits at China’s industrial firms rose 36.4% in May as compared with a year earlier. That was a slowdown from the 57% year-on-year growth posted in April.

Currencies



Source link

RELATED ARTICLES

‘Broken Hearts’ Again in Gold as U.S. Retail Sales Trigger Metal’s New Crash By Investing.com

© Reuters. By Barani Krishnan Investing.com - It can’t prosper much on soft inflation; neither can it survive an economy rebounding on strong retail...

Defense expert on aggressive China, U.S.-U.K.-Australia security pact

An increasingly aggressive and assertive China contributed to the formation of a new trilateral security partnership among the U.S., the U.K. and Australia,...

Two-week deadline: Supreme Court slams govt for ‘cherry-picking’ names for tribunal appointments

“We are a democratic country. You have to follow the rule of law,” the CJI said said, while warning the government of initiating...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

‘Broken Hearts’ Again in Gold as U.S. Retail Sales Trigger Metal’s New Crash By Investing.com

© Reuters. By Barani Krishnan Investing.com - It can’t prosper much on soft inflation; neither can it survive an economy rebounding on strong retail...

Defense expert on aggressive China, U.S.-U.K.-Australia security pact

An increasingly aggressive and assertive China contributed to the formation of a new trilateral security partnership among the U.S., the U.K. and Australia,...

Two-week deadline: Supreme Court slams govt for ‘cherry-picking’ names for tribunal appointments

“We are a democratic country. You have to follow the rule of law,” the CJI said said, while warning the government of initiating...

Canadian Pacific clinches $27-billion Kansas City Southern deal as rival bows out By Reuters

© Reuters. FILE PHOTO: A Canadian National Railway train travels westward on a track in Montreal, February 15, 2015. REUTERS/Christinne Muschi/File Photo By Greg...

Recent Comments