- Asian Stocks close: most stocks traded higher, driven by Friday's U.S. labour market data and the bailout of Banco Espirito Santo
Market news
4 August 2014
Asian Stocks close: most stocks traded higher, driven by Friday's U.S. labour market data and the bailout of Banco Espirito Santo
Most Asian stock indices traded higher, driven by Friday's U.S. labour market data and the bailout of Banco Espirito Santo. The U.S. economy added 209,000 jobs in July, but missing expectations for a growth of 230,000 jobs. The unemployment rate in the U.S. increased to 6.2% in July from 6.1% in June.
Portugal' central bank released its plan on Sunday to inject 4.9 billion euros into Banco Espirito Santo SA.
Chinese manufacturing purchasing managers' index declined 54.2 in July from 55.0 in June.
Japan's monetary base was up to 42.7% in July from 42.6% in June.
Indexes on the close:
Nikkei 225 15,474.5 -48.61 -0.31%
Hang Seng 24,600.08 +67.65 +0.28%
Shanghai Composite 2,223.33 +38.03 +1.74%
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