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Asian Market Commentary

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Indian shares opened on a flat note on Thursday as investors assessed a slew of earnings reports and kept a wary eye on oil prices and bond yields in the U.S. for directional cues. The benchmark BSE Sensex was up 64 points or 0.19 percent at 34,565 in early trade while the broader Nifty index was...

asian-markets2_25apr18.jpg Asian stock markets are mixed on Thursday following the lackluster cues overnight from Wall Street. Tech stocks are advancing on upbeat corporate earnings results from their U.S. peers as well as Samsung Electronics, while financial stocks are weak. The continued increase in U.S. Treasury yields weighed on investor sentiment.

Indian shares look set to open lower on Thursday after consistent fund flows from local debt and equity markets saw the rupee plunging by as much as 52 paise to a 14-month low of 66.90 against the dollar on Wednesday. There are also concerns that rising oil prices may hurt India's growth prospects....

The Thai stock market has finished lower in three straight sessions, falling more than 201p1ints or 0.6 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,780-point plateau although it may find traction on Thursday. The global forecast for the Asian markets is unclear,...

The Japanese stock market is rising on Thursday, with the mostly positive cues overnight from Wall Street and a weaker yen lifting investor sentiment. Tech stocks are among the major gainers following upbeat earnings results from their U.S. peers overnight. In late-morning trades, the benchmark Nikkei...

The Indonesia stock market has finished lower in four straight sessions, plunging more than 270 points or 4.3 percent along the way. The Jakarta Composite Index now rests just beneath the 6,080-point plateau although it's expected to rebound on Thursday. The global forecast for the Asian markets is...

The Australian stock market, which was closed on Wednesday for a public holiday, is edging higher on Thursday following the mostly positive cues overnight from Wall Street amid optimism about upbeat corporate earnings results. Gains in oil and gold mining stocks were offset by weakness in banks and mining...

The Hong Kong stock market turned lower again on Wednesday, one session after it had ended the two-day losing streak in which it had skidded more than 450 points or 1.5 percent. The Hang Seng Index now rests just beneath the 30,330-point plateau although it may see a mild rebound again on Thursday. The...

The China stock market headed south again on Wednesday, one session after it had ended the two-day slide in which it had retreated almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just beneath the 3,120-point plateau although it may tick higher again on Thursday. The global...

The Taiwan stock market has finished lower in four consecutive sessions, tumbling more than 410 points or 3.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 10,560-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is...

The Singapore stock market on Wednesday halted the two-day winning streak in which it had advanced almost a dozen points or 0.3 percent. The Straits Times index now rests just beneath the 3,570-point plateau and it figures to hold steady in that neighborhood on Thursday. The global forecast for the...

The Malaysia stock market has tracked lower in four consecutive sessions, sliding almost 40 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,850-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is unclear,...

The South Korea stock market has moved lower in four straight sessions, giving away almost 40 points or 1.8 percent along the way. The KOSPI now rests just beneath the 2,450-point plateau and it may remain stuck in neutral on Thursday. The global forecast for the Asian markets is unclear, with concerns...

Indian shares fell modestly on Wednesday amid fears that rising oil prices and a falling rupee may hurt India's growth prospects. Weak global cues also dented sentiment. Markets elsewhere in Asia and Europe fell after Wall Street stocks sold off overnight on concerns over rising bond yields amid...

stockmarketlower-041318.jpg Most Asian stocks fell on Wednesday as profit warnings from bellwether U.S. companies and worries about rising bond yields kept investors on edge. Australian and New Zealand markets were closed for Anzac Day. The dollar edged up after the ten-year U.S. Treasury yields climbed above 3 percent for the...

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