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Asian Market Commentary

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Asianmarkets-111914_02Sep15.jpg Asian stock markets are mostly higher on Thursday, with the overnight gains on U.S. and European markets as well as higher crude oil prices boosting investor sentiment. Investors also got a respite from the wild swings in the Chinese stock market, which is closed for a two-day holiday.

The Japanese stock market rose sharply on Thursday as the overnight gains on Wall Street and a weaker yen boosted investor sentiment. In late-morning trades, the benchmark Nikkei 225 index is advancing 200.33 points or 1.11 percent to 18,295.73, off a high of 18,481.57 in early trades. Insurance,...

The Australian stock market slipped into negative territory on Thursday, after opening higher following the overnight gains on Wall Street. Retailers are leading the decliners on the back of disappointing retail sales data for the month of July. In late-morning trades, the benchmark S&P/ASX200 Index...

The Indian markets fell sharply on Wednesday as fears of a China-led global economic slowdown and uncertainty surrounding the Federal Reserve's first interest-rate hike kept investors on the sidelines. International Monetary Fund (IMF) Christine Lagarde has said that global growth is likely to be...

Asian-Markets2_02Sep15.jpg Asian stocks steadied on Wednesday as Chinese stocks rebounded from an earlier sharp sell-off and futures on the Dow Jones Industrial Average and the Standard & Poor's 500 Index rebounded after a bruising sell-off in global stocks the previous day. However, gains remained muted and most regional...

Indian shares opened higher on Wednesday after the government said it would come out with requisite amendments to the Income Tax Act in the next Budget in February to waive imposition of a minimum alternate tax (MAT) on foreign investors for periods prior to April 1, 2015. Asian stocks are turning...

Asian-Markets1_01Sep15.jpg Asian stock markets are mostly lower on Wednesday as weak U.S. manufacturing data and slowing growth in China added to worries about the global economy. Meanwhile, the Japanese market has rebounded, probably buoyed by a rise in U.S. stock futures in Asian trades.

The Indian markets look set to open higher on Wednesday after the finance ministry accepted the high level AP Shah Panel's recommendation to not impose minimum alternate tax (MAT) on overseas portfolio investors retrospectively. The government will come out with requisite amendments to the Income...

The Thai stock market on Tuesday ended the four-day winning streak in which it had climbed more than 60 points or 4.4 percent. The Stock Exchange of Thailand now rests just above the 1,360-point plateau, and the market is likely in for more damage on Wednesday. The global forecast for the Asian markets...

The Japanese stock market climbed into positive territory on Wednesday, after opening lower in volatile trades following the weak cues overnight from global markets. In late-morning trades, the benchmark Nikkei 225 index is gaining 138.96 points or 0.76 percent to 18,304.65, after opening lower and...

The Indonesia stock market on Tuesday snapped the four-day winning streak in which it had surged more than 330 points or 7.9 percent. The Jakarta Composite Index now rests just above the 4,410-point plateau, and the market is looking at another soft start again on Wednesday. The global forecast for...

The Australian stock market is extending losses on Wednesday from the previous session, tracking the weak cues from Wall Street and lower commodity prices. Investors are also treading cautiously ahead of the release of Australia's gross domestic product or GDP data later in the day. In late-morning...

The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the seven-day slide in which it had plummeted more than 2,800 points or 10.3 percent. The Hang Seng Index settled just above the 21,670-point plateau, although the market...

The China stock market has tracked lower in consecutive trading days, retreating more than 65 points or 2 percent along the way. The Shanghai Composite Index settled just above the 3,165-point plateau, and the market draws another soft start on Wednesday. The global forecast for the Asian markets...

The Taiwan stock market on Tuesday halted the five-day winning streak in which it had surged more than 750 points or 10 percent. The Taiwan Stock Exchange now rests just shy of the 8,015-point plateau, and the market is in line for further weakness on Wednesday. The global forecast for the Asian markets...

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