MARKETS-ASIA/OPEN Asia shares are mixed after Greece bailout plan and China data

Record ID: 146870

  • Title: MARKETS-ASIA/OPEN Asia shares are mixed after Greece bailout plan and China data
  • Date: 16th July 2015
  • Summary: TOKYO, JAPAN (JULY 16, 2015) (REUTERS) TOKYO STOCK EXCHANGE (TSE) BUILDING SIGN READING (English): "JPX, TOKYO STOCK EXCHANGE" ELECTRONIC STOCK BOARD ALARMING AT OPENING OF MARKET ELECTRONIC STOCK BOARD SHOWING NIKKEI AVERAGE OPENING AT 20588.98 UP 125.65 ELECTRONIC STOCK BOARD BEING UPDATED TSE STAFF WORKING ROTATING STOCK PRICE TICKER TSE MARKET CENTER HONG KONG, CHINA (
  • Embargoed: 31st July 2015 13:00
  • Keywords:
  • Topics: General
  • Reuters ID: LVA7JYVJB2WHUBJP6IRITRWBXLRD
  • Aspect Ratio: 16:9
  • Story Text: Asian shares mostly rose at the opening bell on Thursday (July 16) after the Greek parliament approved a bailout plan and U.S. Fed raised interest rates on the back of an improving U.S. economy.
    The Greek parliament passed a sweeping bundle of austerity measures demanded by European partners, a price to pay for opening talks on a multi-billion euro bailout package near-bankrupt Athens needs to stay in the euro zone.
    U.S. Federal Reserve Chair Janet Yellen said she expects the U.S. economy to grow steadily for the rest of the year, allowing the Fed to raise interest rates, but gave no direct hint on the timing or pace of a hike.
    Japan's Nikkei stock index rose 125.65 points to 20588.98 at the opening of trade. The broader Topix rose 8.36 points to 1654.77.
    But Chinese market's mixed performances have also kept some investors on their toes.
    In Hong Kong, Hang Seng index was down 0.3 percent at 24,976.08 points at the opening on Thursday.
    Chinese shares edged lower in the morning session, despite the positive official economic date released on Wednesday (July 15), as a recent post-rout, government-triggered rebound appears to be running out of steam.
    The Shanghai Composite Index was down 1.2 percent at 3758.51 points, while China's CSI300 index opened down 0.4 percent at 3949.64 points, which reversed to rise over 2 percent close to 0300 GMT.
    South Korean shares opened slightly higher with the Korea Composite Stock Price Index (KOSPI) up 0.06 percent, to 2,074.17 in the first 21 minutes of trading.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register