Shares were mostly higher in Asia on Monday after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy. That’s its longest winning streak in nearly two years, and the index is at a 16-month high after rallying on hopes cooling inflation will mean the economy can avoid a long-predicted recession.Ī man walks past monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Monday, July 31, 2023. Wall Street closed out its latest winning month, with the S&P 500 adding 6.73 points, or 0.1%, to 4,588.96 to cap its fifth straight month of gains. Hong Kong’s Hang Seng was little changed, edging down less than 0.1% to 20,068.66, while the Shanghai Composite shed 0.1% to 3,286.34. South Korea’s Kospi jumped 1.3% to 2,667.03. Japan’s Nikkei 225 surged 0.7% in morning trading to 33,418.53. “With the RBA keen not to overdo the tightening, it seems unnecessary to hike today when in all likelihood the macro signals for hiking will look much stronger at the September meeting,” said Robert Carnell, Asia-Pacific regional head of research. Some forecasters are expecting a hike, but analysts at ING Economics said that wasn’t likely. Investors were also watching for the policy decision by the Reserve Bank of Australia. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.TOKYO (AP) - Asian shares mostly rose Tuesday, boosted by market optimism set off by a Wall Street rally despite lingering worries about inflation and regional growth. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. We may also receive compensation if you click on certain links posted on our site. We may receive compensation from our partners for placement of their products or services. While we are independent, the offers that appear on this site are from companies from which receives compensation. in April 2012.į is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. The company was formerly known as Cold Brew Labs Inc. It shows organic recommendations and advertising engine based on pinners tastes and preferences and enables pinners with shoppable product pins, which include price, color, and size that redirect to retailer websites. The company's engine allows people to find ideas, such as recipes, home and style inspiration, and others provides video, product, and idea pins and offers organizing and planning tools. operates as a visual discovery engine in the United States and internationally. This would suggest that Pinterest's shares are less volatile than average (for this exchange). The market (NYSE average) beta is 1, while Pinterest's is 0.9905. volatility (beta: 1.00) Low Highīeta is a measure of a share's volatility in relation to the market. A popular way to gauge a stock's volatility is its "beta". Over the last 12 months, Pinterest's shares have ranged in value from as little as $16.775 up to $29.27. We're not expecting Pinterest to pay a dividend over the next 12 months. TTM: trailing 12 months Pinterest share dividends All international money transfer services.
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