logo

Asian Market Commentary

Share SHARE

Indian shares snapped a five-day winning streak on Tuesday as worries lingered about a likely rate hike by the U.S. Fed as early as June and investors exercised caution ahead of annual GDP numbers as well as fiscal deficit data due later in the day. After moving both ways, the benchmark BSE Sensex...

AsianMarkets-112514_31May16.jpg Asian stocks turned in a mixed performance on Tuesday, even as Chinese and Hong Kong shares posted strong gains on optimism that the odds of mainland Chinese stocks winning MSCI inclusion have increased. In the absence of cues from Wall Street, movements in yen and oil prices as well as a slew of data...

Indian shares opened higher on Tuesday, helped by positive Asian cues and encouraging earnings results from Tata Motors. The rupee opened flat at 67.15 per dollar after snapping its three-day rising streak in the previous session. Investors await annual GDP numbers and fiscal deficit data later today...

Asian-Markets1_30May16.jpg Asian stock markets are mostly higher on Tuesday with investors keeping an eye on economic data from the region in the absence of cues from Wall Street, which was closed overnight for a public holiday.

Indian shares may open higher on Tuesday after the country climbed three places in the 2016 global competitiveness rankings released by the Switzerland-based IMD World Competitiveness Centre (WCC). India moved up the ranking to 41 from 44 a year ago due to significant improvement in exchange rate...

The Japanese stock market recovered after a weak start and is modestly higher on Tuesday following the release of better-than-expected industrial output data that lifted investor sentiment. In late-morning trades, the benchmark Nikkei 225 Index is adding 24.60 points or 0.14 percent to 17,092.62,...

The Australian stock market is declining on Tuesday amid the absence of cues from Wall Street, which was closed on Monday for a public holiday. Investors are treading cautiously ahead of the release of major local and international economic data this week. Banks and oil stocks are among the leading decliners. In...

Indian shares rose for a fifth consecutive session on Monday, with firm global cues and encouraging earnings updates from the likes of Coal India and Hindalco Industries offering support. The benchmark BSE Sensex closed up 72 points or 0.27 percent at 26,725.60 after climbing over 5 percent to log...

Asian-Market-100912_30May16.jpg Asian stocks rose broadly on Monday as a weaker yen and steadier oil prices added to optimism about the health of the U.S. economy. Investors shrugged off comments by Federal Reserve Chair Janet Yellen suggesting than an interest rate hike could be around the corner. Chinese shares closed marginally...

Indian shares opened higher on Monday, tracking firm global cues as investors took Fed Chair Janet Yellen's comments largely in their stride. The benchmark BSE Sensex was up 63 points or 0.24 percent at 26,717 in early trade after climbing over 5 percent to log its biggest weekly gain in nearly three...

Indian shares may open higher on Monday after global markets took Fed Chair Janet Yellen's comments largely in stride. Besides, news of intensifying rains in Kerala and Karnataka and renewed hopes of GST getting passed in the monsoon session of parliament may also support underlying sentiment. Benchmark...

The Thai stock market has tracked to the upside in four consecutive sessions, collecting more than 30 points or 2.2 percent along the way. The Stock Exchange of Thailand settled just above the 1,410-point plateau, and the market is expected to open higher again on Monday. The global forecast for the...

The Indonesia stock market has moved higher now in three straight sessions, gathering more than 100 points or 2 percent along the way. The Jakarta Composite Index settled just beneath the 4,815-point plateau, and the market may extend its gains on Monday. The global forecast for the Asian markets...

The win streak has reached four sessions now for the Hong Kong stock market, which has advanced more than 770 points or 3.9 percent in that span. The Hang Seng Index now rests just above the 20,575-point plateau, and the market is looking at another firm lead for Monday. The global forecast for the...

The China stock market turned lower again on Friday, one session after it had ended the two-day slide in which it had fallen more than 10 points or 0.3 percent. The Shanghai Composite Index remains just above the 2,820-point plateau, although the market may bounce higher again on Monday. The global...

Follow RTT