Asian Market Commentary

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Asian-Markets1_24Jul14.jpg Asian stock markets are trading higher on Thursday with investors indulging in some cautious buying, reacting to quarterly corporate earnings reports. However, gains are just modest in most of the markets in the region due to lingering concerns about the situation in Ukraine and the Middle East.

Nifty index futures on the Singapore Exchange are drifting lower, indicating a weak opening after seven sessions of continuous gains. That said, the downside may be limited as foreign institutional investors continue to pour money into Indian equities in the hope that the Narendra Modi government will...

The Japanese stock market is trading slightly higher on Thursday, with investors shrugging off a weak trade report and picking up stocks, thanks to some strong earnings reports and a weaker yen. The benchmark Nikkei 225 index is up 27 points or 0.2 percent at 15,355.6. Pioneer Corp. and Showa Denko...

The Thai 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 advanced almost a dozen points or 0.8 percent. The Stock Exchange of Thailand settled just above the 1,540-point plateau, and the...

The Australian stock market is trading marginally higher on Thursday, with investors treading cautiously after Wall Street ended somewhat flat overnight amid a mixed batch of earnings reports. Consumer staples and healthcare stocks are finding some support, while energy, mining and financial stocks...

The Indonesia stock market bounced right back to the upside again on Wednesday - one session after it had snapped the two-day winning streak in which it had advanced more than 55 points or 1.1 percent. The Jakarta Composite Index settled just above the 5,090-point plateau, and the market is looking at...

The Hong Kong stock market has finished higher now in two straight sessions, surging almost 590 points or 2.5 percent along the way. The Hang Seng Index settled just above the 23,970-point plateau, and the market draws a firm open again on Thursday. The global forecast for the Asian markets suggests...

The China stock market has moved to the upside in consecutive trading days, collecting almost 25 points or 1.2 percent along the way. The Shanghai Composite Index finished just below the 2,080-point plateau, and the market is poised to see additional support on Thursday. The global forecast for the...

Ahead of the unscheduled day off courtesy of Typhoon Matmo, the Taiwan stock market had moved higher in two straight sessions - adding nearly 100 points or 1.1 percent along the way. The Taiwan Stock Exchange settled just below the 9,500-point plateau, and now the market is looking at a firm start on...

The Singapore stock market has moved higher now in seven straight trading days, climbing almost 50 points or 1.4 percent in that span. The Straits Times Index settled just above the 3,340-point plateau, and the market draws a higher open again on Thursday. The global forecast for the Asian markets...

The Malaysia stock market has finished higher in back-to-back trading days, although it has gathered just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index remained just above the 1,870-point plateau, and the market is likely to remain rangebound again on Thursday. The global...

The South Korea stock market turned lower again on Wednesday - one session after it had halted the two-day slide in which it had eased just 3 points or 0.1 percent. The KOSPI remained just below the 2,030-point plateau, and the market is expected to hold steady in that neighborhood again on Thursday. The...

Indian shares extended gains for a seventh consecutive session on Wednesday, with benchmark index Sensex closing at a fresh record high, driven by renewed foreign fund flows. The benchmark S&P BSE Sensex ended the session up 121.53 points or 0.47 percent at 26,147.33, while the broader CNX Nifty...

Asian-Market-100912_23Jul14.jpg Asian stocks rose on Wednesday as solid U.S. earnings and economic data as well as easing concerns about the Ukraine crisis and violence in Gaza helped to improve investors' risk appetite. U.S. inflation figures were tame, raising hopes that the Federal Reserve will not raise interest rates anytime soon....

Indian shares opened on a positive note on Wednesday, although gains remain modest after six days of gains. U.S. stocks rose on Tuesday and the Asian markets are following suit as geopolitical concerns eased and tame U.S. inflation figures eased speculation of an early increase in interest rates. The...