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Asian Market Commentary

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The Indian markets opened on a cautious note Wednesday, taking cues from weak Asian markets as concerns related to the Greek debt crisis and the stock market turmoil in China sapped investors' appetite for risk. EU leaders gave Greece until Sunday to come up with credible new proposals in return...

Asian-Market-100912_07Jul15.jpg Asian stock markets are in negative territory on Wednesday amid worries about the sell-off in the Chinese stock markets and the Greek debt crisis. Following the emergency euro zone summit in Brussels, European leaders on Tuesday gave debt-stricken Greece a final deadline of Sunday to reach a new bailout deal and avoid Greece's exit from the euro zone.

The Thai stock market on Tuesday snapped the three-day slide in which it had fallen more than 30 points or 2 percent. The Stock Exchange of Thailand now rests just shy of the 1,485-point plateau, and the market may extend its gains on Wednesday. The global forecast for the Asian markets is cautiously...

The Indian markets look set to open lower on Wednesday, tracking weak Asian cues. Amid lack of fresh triggers, traders await first-quarter earnings of IT major Tata Consultancy Services due on Thursday and industrial output data slated for release on Friday for further direction. The Indian markets...

The Japanese stock market is lower on Wednesday amid continued worries about the Greek debt crisis. Data showing that Japan logged a better-than-expected current account surplus in the month of May failed to boost sentiment. Following the emergency eurozone summit in Brussels, European leaders on...

The Indonesia stock market has ticked lower now in back-to-back sessions, giving away more than 75 points or 1.5 percent along the way. The Jakarta Composite Index settled just above the 4,900-point plateau, although the market is expected to open higher on Wednesday. The global forecast for the Asian...

The Australian stock market opened lower on Wednesday, as resource stocks were dragged lower by the overnight decline in commodity prices amid worries about the volatility in China's stock market. In late-morning trades, the benchmark S&P/ASX200 Index is declining 42.60 points or 0.76 percent to 5,538.80,...

The Hong Kong stock market has finished lower now in three straight sessions, tumbling more than 1,260 points or 5 percent in that span. The Hang Seng Index now rests just above the 24,975-point plateau, although the market may finally stop the bleeding on Wednesday. The global forecast for the Asian...

The China stock market headed south again on Tuesday, one session after it had halted the three-day slide in which it had retreated more than 520 points or 12 percent. The Shanghai Composite Index now rests just above the 3,725-point plateau, although the market is looking at a positive lead on Wednesday. The...

The Taiwan stock market gave away just a handful of points on Tuesday - but that was enough to extend its losing streak to three trading days, retreating almost 130 points or 1.4 percent along the way. The Taiwan Stock Exchange settled just above the 9,250-point plateau, although the market may find...

The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had collected more than 50 points or 1.5 percent. The Straits Times Index settled just above the 3,340-point plateau, and the market...

The Malaysia stock market has finished lower now in back-to-back sessions, giving away almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,710-point plateau, although the market is due for a positive bounce on Wednesday. The global forecast for...

The South Korea stock market has closed lower now in three consecutive trading days, giving away almost 70 points or 3 percent along the way. The KOSPI settled just above the 2,040-point plateau, although the market may find traction on Wednesday. The global forecast for the Asian markets is cautiously...

The Indian markets ended a range-bound session marginally lower on Tuesday even as lower oil prices opened up the space for further monetary easing. Amid mixed global cues, traders awaited first-quarter earnings of IT major Tata Consultancy Services due on Thursday and industrial output data slated for...

AsianMarkets-112514_07Jul15.jpg Asian stocks steadied on Tuesday as investors shrugged off concerns about Greece's debt situation and waited for cues from another emergency meeting of Eurozone finance ministers scheduled later in the day to discuss the fallout from Greece's bailout referendum. With Greece's finance minister Yanis...

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