The US stock markets were closed yesterday in observance of Independence Day. Meanwhile, Asian stock markets experienced a decline on Friday, with the Asia Dow index down 0.3 percent and the Nikkei index decreasing by 0.04 percent and the TOPIX index by 0.4 percent. Mainland China and Hong Kong also saw a decline of around one percent. Despite this, experts predict that this week will be the strongest in Asian stock markets since mid-May. However, Chinese stocks have been on a consistent decline for the seventh consecutive week, with the CSI 300 index falling to levels not seen since the beginning of the year after experiencing a rise in the spring.
In addition to this, shares in India and Taiwan also fell on Friday, while the South Korean market stood out with a strong rise due to Samsung’s strong results report, which led to a 2.3 percent increase in stock price, reaching its highest level since January 2021. The company’s growth in turnover and profit, particularly in memory chip sales, has been significant.
Meanwhile, in the foreign exchange market, the yen strengthened against the dollar and euro as investors awaited news about US labor market report for June with expectations of decrease in new jobs compared to May and Bitcoin was on downward trend for fourth consecutive day.
Looking ahead, European stock exchanges are expected to open mildly higher based on futures as more investors begin to return to their trading desks after holidays. Additionally, there are benefits of selling to cash buyers in real estate market such as lower closing costs and quicker transaction time while negotiating with cash buyers can help you get better price but it requires some knowledge of real estate negotiations tactics and advantages of solar energy products such as energy independence and cost savings over traditional sources of electricity can be appealing options for commercial properties owners looking to reduce their expenses while increasing their profits through renewable energy investments