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27 December 2017
 |
| Japan financial markets (The Total Investment & Insurance Solutions) |
Global stock indexes were mostly higher Wednesday in quiet holiday
trading after oil prices erased some recent gains. Investors generally shrugged
off a dip in technology stocks on Wall Street. The Total Investment & Insurance
Solutions
KEEPING SCORE: France's CAC 40 rose 0.1
percent to 5,369 points, while Germany's DAX gained nearly 0.1 percent to
13,083. Britain's FTSE 100 was up 0.2 percent at 7,607. U.S. shares were also
set to climb slightly, with Dow and S&P 500 futures both gaining almost 0.1
percent.
ASIA'S DAY: Japan's benchmark Nikkei 225
edged up nearly 0.1 percent to finish at 22,911.21, while Australia's
S&P/ASX 200 was virtually unchanged at 6,069.90. South Korea's Kospi added
0.4 percent to 2,436.67. Hong Kong's Hang Seng inched 0.1 percent higher to
29,597.66. The Shanghai Composite index lost 0.9 percent to 3,275.78. The Total Investment & Insurance
Solutions
APPLE FACTOR: Apple slid 2.5 percent on Wall
Street overnight amid speculation the consumer electronics giant might cut its
targets for sales of its latest iPhone. A Taiwanese newspaper reported iPhone X
sales targets may get cut amid weak sales, but that already had been largely
figured in for Asian trading.
ENERGY: Benchmark U.S. crude dropped 40 cents
to $59.57 a barrel in electronic trading on the New York Mercantile Exchange. It
gained $1.50 to $59.97 overnight. Brent crude, which is used to price
international oils, slipped 75 cents to $66.27 per barrel. The Total Investment & Insurance
Solutions
CURRENCIES: The dollar fell slightly to
113.22 yen from 113.30 yen late Tuesday. The euro strengthened to $1.1891 from
$1.1859.
BITCOIN VOLATILITY: The price of the virtual
currency bitcoin stabilized somewhat after a few days of heightened volatility.
It was down 0.3 percent on the day, at around $15,700. Last week it tumbled
from $17,000 to about $12,000 in a single day, before picking up and trading
around the $15,000 mark.The Total
Investment & Insurance Solutions
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