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14 Aug 2013
HK closed on Typhoon; Nikkei up 0.5%
FXstreet.com (Chicago) – Hong Kong has postponed its stock market opening as a severe typhoon approaches.
According to the Hong Kong Association of Banks, schools and banks will be closed to the public Wednesday morning as a furious storm approaches the city and triggers number 8 storm signals, the third highest in its kind.
In the meantime, the Nikkei 225 prints 0.51% gains so far largely driven by utility and car manufacturing stock advances. The Shanghai Composite will start operations in within minutes. Recapitulating yesterday’s close, most stock markets were in green throughout the world on bullish sentiment spread across the board in part due to positive US retail sales data.
According to the Hong Kong Association of Banks, schools and banks will be closed to the public Wednesday morning as a furious storm approaches the city and triggers number 8 storm signals, the third highest in its kind.
In the meantime, the Nikkei 225 prints 0.51% gains so far largely driven by utility and car manufacturing stock advances. The Shanghai Composite will start operations in within minutes. Recapitulating yesterday’s close, most stock markets were in green throughout the world on bullish sentiment spread across the board in part due to positive US retail sales data.