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Asian Market Commentary

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Indian shares rose for a second consecutive session on Wednesday and the rupee hit a 17-month high to breach the 65-mark against the dollar on strong capital inflows as the much-awaited GST Bill discussion started in the Lok Sabha. Finance Minister Arun Jaitley called the GST Bill revolutionary and...

stock-market-9_29Mar17.jpg Asian stocks rose on Wednesday as the yen weakened on downbeat retail sales data and oil extended overnight gains, buoyed by disruptions to Libyan crude production and a more positive OPEC attitude towards extending production cuts. The dollar held gains in the wake of better-than-expected consumer...

Indian shares extended gains from the previous session on Wednesday, mirroring positive global cues. The rupee rose above 65-mark against the dollar for the first time since October 28, 2015 on strong capital inflows. The benchmark BSE Sensex was up 66 points or 0.23 percent at 29,475 after...

Asianmarkets-111914_28Mar17.jpg Asian stock markets are mostly higher on Wednesday, tracking the positive lead overnight from Wall Street after data showed that U.S. consumer confidence rose to a sixteen-year high in March. Higher crude oil prices also lifted investor sentiment. Nevertheless, investors are cautious as they await the start of the Brexit process today.

Indian shares may follow global peers higher on Wednesday, although gains could be capped ahead of Article 50 triggering expected today. British Prime Minister Theresa May on Tuesday signed the historic letter that will formally notify European Council President Donald Tusk of Britain's intention to...

The Japanese stock market has pared its early gains and is flat on Wednesday in choppy trade, with several companies trading without rights to the next dividend payment. Investors also digested weaker-than-expected Japanese retail sales data. In late-morning trades, the Nikkei 225 Index is losing...

The Thai stock market moved higher again on Tuesday, one session after it had halted the two-day winning streak in which it had gained almost 7 points or 0.4 percent. The Stock Exchange of Thailand now rests just above the 1,575-point plateau, and the market is looking at additional support on Wednesday. The...

Ahead of Tuesday's holiday for the Hindu New Year, the Indonesia stock market had snapped the two-day winning streak in which it had gathered almost 35 points or 0.6 percent. The Jakarta Composite Index now rests just above the 5,540-point plateau, although the market is tipped to rebound on Wednesday. The...

The Australian stock market is extending gains on Wednesday from the previous session, following the positive lead overnight from Wall Street and firm commodity prices. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 41.20 points or 0.71 percent to 5,862.40 and the broader All Ordinaries...

The Hong Kong stock market bounced higher again on Tuesday, one session after it had halted the two-day winning streak in which it had gathered almost 40 points or 0.2 percent. The Hang Seng Index now rests just above the 24,345-point plateau, and the market may add to its winnings on Wednesday. The...

The China stock market has ticked lower in back-to-back sessions, slipping more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now rests just above the 3,250-point plateau, although the market may stop the bleeding on Wednesday. The global forecast for the Asian markets...

The Taiwan stock market has moved lower in three straight sessions, retreating almost 55 points or 0.6 percent in that span. The Taiwan Stock Exchange remains just above the 9,875-point plateau, although the market may find its footing on Wednesday. The global forecast for the Asian markets is upbeat...

The Singapore stock market bounced higher again on Tuesday, one session after it had ended the two-day winning streak in which it had gained almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,155-point plateau, and the market may extend its gains on Wednesday. The...

The Malaysia stock market on Tuesday wrote a finish to the four-day losing streak in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now rests just below the 1,755-point plateau, and the market may extend its gains on Wednesday. The global forecast for the...

The South Korea stock market on Tuesday snapped the two-day losing streak in which it had fallen more than 15 points or 0.6 percent. The KOSPI now rests just above the 2,160-point plateau, and the market may add to its winnings on Wednesday. The global forecast for the Asian markets is upbeat thanks...

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