Asian Market Commentary

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Indian shares opened higher on Wednesday, tracking firm global cues as solid earnings and economic news from the U.S. as well as talk of economic stimulus in Europe offset recent concerns about the outlook for the global economy. The benchmark S&P BSE Sensex is currently up 185 points or 0.7 percent...

Asian-Markets1_21Oct14.jpg Asian stock markets are trading notably higher on Wednesday, tracking cues from Wall Street where stocks posted strong gains overnight amid speculation of fresh stimulus from the European Central Bank and an upbeat U.S. home sales report.

Indian shares are set to open higher on Wednesday amid growing hopes that the government will unveil further reform measures to bring the economy back on track. The good showing by BJP in Maharashtra and Haryana Assembly polls strengthened Prime Minister Narendra Modi's government at the Centre, giving...

The Japanese stock market opened sharply higher on Wednesday, with the overnight surge on Wall Street and a weaker yen triggering some hectic buying across the board. Speculation that the European Central Bank will announce further stimulus soon is also contributing to the rally in the market. The...

The Thai stock market has finished lower now in back-to-back sessions, although it has faded just a pair of points or 0.15 percent in that span. The Stock Exchange of Thailand remained just above the 1,525-point plateau, although the market is expected to open higher on Wednesday. The global forecast...

The Indonesia stock market on Tuesday halted the two-day winning streak in which it had advanced almost 90 points or 1.8 percent. The Jakarta Composite Index finished just below the 5,030-point plateau, although the market draws a firm start on Wednesday. The global forecast for the Asian markets...

The Australian stock market is trading notably higher Wednesday, tracking cues from Wall Street where stocks posted strong gains overnight amid speculation of fresh stimulus from the European Central Bank and an upbeat U.S. home sales report. Financial, mining, consumer discretionary, industrials...

The winning streak has stretched to three sessions now for the Hong Kong stock market, which has collected almost 190 points or 0.8 percent in that span. The Hang Seng Index ended just below the 23,090-point plateau, and the market may extend its gains on Wednesday. The global forecast for the Asian...

The China stock market headed south again on Tuesday, one session after it had ended the two-day losing streak in which it had retreated more than 30 points or 1.3 percent. The Shanghai Composite Index finished just below the 2,340-point plateau, although the market may see a positive bounce on Wednesday. The...

The Taiwan stock market moved lower again on Wednesday, one session after it had halted the three-day losing streak in which it had plummeted more than 250 points or 3 percent. The Taiwan Stock Exchange closed just below the 8,655-point plateau, although now the market is tipped to rebound on Wednesday. The...

The Singapore stock market has tracked to the upside now in three consecutive trading days, advancing almost 50 points or 1.6 percent along the way. The Straits Times Index settled just above the 3,200-point plateau, and the market may add to its winnings on Wednesday. The global forecast for the...

The Malaysia stock market on Tuesday wrote a finish to the two-day winning streak in which it had surged more than 35 points or 1.9 percent. The Kuala Lumpur Composite Index closed just above the 1,795-point plateau, although the market figures to reverse its losses on Wednesday. The global forecast...

The South Korea stock market turned lower again on Tuesday, one session after it had halted the three-day slide in which it had tumbled almost 30 points or 1.5 percent. The KOSPI settled just above the 1,915-point plateau, although the market is expected to bounce higher again on Wednesday. The global...

India's benchmark indexes Sensex and Nifty rose to over one-week highs on Tuesday, with metal, auto, banking and power stocks pacing the gainers, after the government on Monday decided to bring about an ordinance to resolve the uncertainty stemming from the Supreme Court's decision to cancel 214 coal...

Asian-Markets2_21Oct14.jpg Asian stocks parred early gains to end mixed on Tuesday, as concerns over sluggish economic growth in China and the risk of deflation in Europe kept traders on tenterhooks. Risk-averse investors also pondered over timing and extent of policy tightening in the U.S. ahead of the Federal Open Market Committee...