Asian Market Commentary

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Asian-Markets1_18Sep14.jpg Asian stock markets are trading higher on Friday, tracking a positive lead from Wall Street where the major averages closed on a firm note overnight on fairly positive economic data and amid slightly easing concerns about the outlook for interest rates.

Indian stocks are likely extend gains on Friday from the previous session, tracking positive global cues amid easing concerns about the outlook for interest rates following Wednesday's statement from the U.S. Federal Reserve. Indian shares gained almost 2 percent on Thursday, as the Federal Reserve's...

The Japanese stock market is up sharply on Friday, with the overnight positive close on Wall Street and a weaker yen triggering another round of strong buying in blue-chip stocks. The benchmark Nikkei 225 Index, which opened more than 100 points up at 16,177.9, is currently trading at 16,297.2, a...

The Thai stock market has bounced higher now in two straight sessions, advancing almost 20 points or 1.3 percent along the way. The Stock Exchange of Thailand ended just below the 1,585-point plateau, and the market draws another firm start on Friday. The global forecast for the Asian markets is upbeat,...

The Indonesia stock market has tracked higher now in back-to-back sessions, advancing more than 75 points or 1.5 percent along the way. The Jakarta Composite Index closed just below the 5,210-point plateau, and the market figures to add to its winnings again on Friday. The global forecast for the...

The Australian stock market is trading higher on Friday, tracking cues from Wall Street where the major averages closed on a firm note overnight on fairly positive economic data and amid slightly easing concerns about the outlook for interest rates. Healthcare, information technology, property trusts...

The Hong Kong stock market headed south again on Thursday, one session after it had halted the eight-day slide in which it had plummeted almost 1,200 points or 5 percent. The Hang Seng Index settled just below the 24,170-point plateau, although the market is expected to rebound on Friday. The global...

The China stock market has closed higher now in two straight sessions, advancing almost 20 points or 0.9 percent in that span. The Shanghai Composite Index finished just above the 2,315-point plateau, and the upside may accelerate for the market on Friday. The global forecast for the Asian markets...

The Taiwan stock market has tracked to the upside in consecutive trading days, co0llecting more than 100 points or 1.1 percent along the way. The Taiwan Stock Exchange closed just above the 9,235-point plateau, and the market may extend its gains on Friday. The global forecast for the Asian markets...

The Singapore stock market has finished higher now in back-to-back sessions, gathering more than 25 points or 0.75 percent along the way. The Straits Times Index remained just below the 3,300-point plateau, and the market may re-test that level of resistance again on Friday. The global forecast for...

The Malaysia stock market picked up less than a pair of points - but that was enough to snap the five-day losing streak in which it had fallen more than 30 points or 1.6 percent. The Kuala Lumpur Composite Index ended just above the 1,845-point plateau, and the market may see additional support on Friday. The...

The South Korea stock market on Thursday snapped the two-day winning streak in which it had advanced more than 25 points or 1.3 percent. The KOSPI settled just above the 2,045-point plateau, although the market may reverse those losses on Friday. The global forecast for the Asian markets is upbeat,...

Asian-Market-100912_17Sep14.jpg Asian markets are exhibiting a mixed trend on Thursday with investors treading cautiously despite a positive lead from Wall Street where the major averages ended higher overnight following the U.S. Federal Reserve's decision to maintain interest rates at record lows till 2015.

The Thai stock market on Wednesday wrote a finish to the two-day losing streak in which it had given away more than 15 points or 1 percent. The Stock Exchange of Thailand settled just above the 1,570-point plateau, and the market may halt open higher again on Thursday. The global forecast for the...

The Japanese stock market opened on a firm note on Thursday and the Nikkei 225 index rose above the 16,000 mark for the first time since January, as a weaker yen triggered some strong buying at several counters. The Nikkei is up 178.7 points or 1.1 percent at 16,067.4. Kubota Corp. is moving up...