Taiwan Y: Benchmark Indexes and Trade Tensions

taiwan y: That has relieved some pressure on markets, though the trade war still overshadows the global economic outlook, according to Market Watch. Japan's Nikkei NIK, 0.20% closed up near 0.3%, but Hong Kong's Hang Seng Index HSI, -0.07% gave up early gains and ended down 0.2%. After starting the trading day flat, the Shanghai Composite SHCOMP, 0.19% slipped 0.3% and the smaller-cap Shenzhen Composite 399106, 0.63% fell 0.5%. South Korea's Kospi 180721, 0.09% erased early losses and rose 0.6%. Benchmark indexes in Taiwan Y9999, 0.09% Singapore STI, -0.16% and Indonesia JAKIDX, -0.04% saw modest gains. The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. Australia's S&P/ASX 200 XJO, 0.50% rose 0.5%. Among individual stocks, Soft Bank 9984, -1.38% gained in Tokyo trading, as did Inpex 1605, -1.37% while Fast Retailing 9983, -0.11% declined. Samsung 005930, -0.76% inched up in South Korea, as did Taiwan Semiconductor 2330, -0.41% in Taiwan. In Hong Kong, Sino Biopharmaceutical 1177, 1.38% and Galaxy Entertainment 27, 0.27% rose, while AAC 2018, -1.63% and Sunny Optical 2382, -1.13% fell. (news.financializer.com). As reported in the news.