Asian Market Commentary

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Asian-Markets1_01Sep14.jpg Asian stock markets are trading mostly higher on Monday, tracking positive cues from Wall Street where the major averages edged up on Friday on some upbeat economic data. However, gains are just modest in the region following a somewhat disappointing reading on Chinese manufacturing activity in August. Investors are also reacting to some soft economic data from the region.

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Stock Exchange of Thailand closed just above the 1,560-point plateau, and the market...

The Japanese stock market opened on a firm note on Monday, lifted by a positive lead from Wall Street and a weaker yen. However, with a weak reading on Chinese manufacturing sector activity in August hurting sentiment a bit, gains are just modest at present. The benchmark Nikkei 225 index is up 27.8...

The Indonesia on Friday snapped the modest two-day winning streak in which it had gathered almost 40 points or 0.8 percent. The Jakarta Composite Index settled just above the 5,135-point plateau, and the market is looking at a steady start on Monday. The global forecast for the Asian markets remains...

The Australian stock market is trading higher on Monday, with investors indulging in some strong buying at several counters following a positive lead from Wall Street. Energy, mining, financial, property trusts and industrial stocks are mostly higher. The benchmark S&P/ASX 200 Index is up 25.7...

The Hong Kong stock market picked up just a single point on Friday - but that was enough to snap the three-day slide in which it had given away more than 425 points or 1.7 percent. The Hang Seng Index remained just above the 24,740-point plateau, and the market is looking at a narrow trading range on...

The China stock market has moved higher in two of three trading days since the end of the two-day slide in which it had retreated almost 35 points or 1.5 percent. The Shanghai Composite Index ended just above the 2,215-point plateau, although the market may hand back some of those gains on Monday. The...

The Taiwan stock market has tracked lower now in two straight sessions, giving away almost 50 points or 0.5 percent along the way. The Taiwan Stock Exchange settled just above the 9,435-point plateau, and the market figures to be rangebound on Monday. The global forecast for the Asian markets remains...

The Singapore stock market has finished lower now in back-to-back sessions, retreating almost 15 points or 0.4 percent along the way. The Straits Times Index closed just above the 3,325-point plateau, and the market figures to remain in that neighborhood on Monday. The global forecast for the Asian...

The South Korea stock market on Friday halted the five-day winning streak in which it had advanced more than 30 points or 1.5 percent. The KOSPI settled just below the 2,070-point plateau, and the market may be stuck in neutral on Monday. The global forecast for the Asian markets remains murky thanks...

Asian-Market-100912_28Aug14.jpg Asian stock markets are mostly trading lower on Friday, tracking the negative lead overnight from Wall Street and on worries about the escalating tensions between Ukraine and Russia.

The Japanese stock market is trading lower on Friday, as investors reacted to worries over the escalating tensions in Ukraine as well as a mixed bag of local economic data. In late-morning trades, the benchmark Nikkei 225 Index is down 82.29 points or 0.53 percent to 15,377.57, after opening lower...

The Thai stock market has closed lower in two of three trading days since the end of the five-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Stock Exchange of Thailand ended just below the 1,560-point plateau, although the market is expected to see renewed selling...

The Indonesia stock market has climbed higher now in two straight sessions, gathering almost 40 points or 0.8 percent along the way. The Jakarta Composite Index ended just below the 5,185-point plateau, although the market figures to hand back those gains on Friday. The global forecast for the Asian...

The Australian stock market pared early losses and is trading in positive territory on Friday, with investors reacting to a slew of corporate earnings reports. The benchmark S&P/ASX 200 Index is trading at 5627.80, up 3.40 points or 0.06 percent, after touching a low of 5,615.40 in early trades....