Asian Market Commentary

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India's benchmark indexes Sensex and Nifty hit fresh record closing highs on Friday, driven by foreign fund flows as falling oil prices weighed on inflation expectations and spurred rate cut hopes ahead of quarterly GDP data due later in the day and the Reserve Bank of India's monetary policy review...

Asian-Markets1_28Nov14.jpg Asian stocks ended mixed on Friday in the absence of overnight cues from the U.S. Chinese shares soared on hopes of fresh policy action and Japanese shares rallied on a weaker yen, while Australian shares fell amid a continued decline in crude oil prices. Oil-related stocks came under selling pressure...

Indian shares rose sharply on Friday, with benchmark indexes Sensex and Nifty hitting fresh record highs in early trading, as rate-sensitive banking and auto stocks surged higher on hopes that falling oil prices will cool inflation and pave the way for a rate cut. Brent crude prices fell towards...

Asian-Markets1_27Nov14.jpg Asian stock markets are exhibiting a mixed trend on Friday, with the mood generally cautious after the OPEC decided not to cut oil production. Recent downbeat economic reports out of the U.S. appear to be weighing on the markets to some extent.

Indian shares are set to open higher on Friday on hopes that falling oil prices will cool inflation and pave the way for a rate cut. Brent crude prices settled at a four-year closing low of $72.82 a barrel yesterday and U.S. crude futures plummeted 6.9 percent to $68.59 after oil cartel OPEC decided...

The Japanese stock market opened higher Friday, with a weaker yen and fairly encouraging economic data aiding sentiment. Investors are also reacting positively to OPEC's decision to maintain its oil production targets. The benchmark Nikkei 225 index is up 173.3 points or 1 percent at 17,421.8. ANA...

The Australian stock market is declining sharply Friday, with energy stocks reeling under a severe bout of selling pressure after the Organization of Petroleum Exporting Countries decided not to cut production. Mirroring the sell-off in oil stocks, the Energy Index is down as much as 6.8 percent....

Asian-Markets1_26Nov14.jpg Asian stock markets are mostly subdued on Thursday, with the overnight mixed close on Wall Street following the release of some soft economic data weighing on stocks. Though some of the markets are in positive territory, buying interest is somewhat subdued.

The Thai stock market on Wednesday snapped the three-day winning streak in which it had collected more than 25 points or 1.6 percent. The Stock Exchange of Thailand settled just above the 1,590-point plateau, although the market may see renewed support on Thursday. The global forecast for the Asian...

The Japanese stock market opened lower Thursday with a stronger yen and a somewhat flat close on Wall Street overnight amid a batch of soft economic data prompting investors to indulge in some selling. The benchmark Nikkei 225 index is down 62 points or 0.4 percent at 17,321.6. Mitsui Chemicals...

The Indonesia stock market bounced right back to the upside again on Wednesday, one day after it had ended the two-day winning streak in which it had risen almost 50 points or 1 percent. The Jakarta Composite Index finished just below the 5,135-point plateau, and the market may see further upside again...

The Australian stock market is marginally higher on Thursday, with stocks swinging between gains and losses amid cautious trades. Financial, consumer staples, healthcare, property trusts and industrials stocks are edging higher. Energy and mining stocks are weak. The benchmark S&P/ASX 200 index...

The Hong Kong stock market turned higher again on Wednesday, one session after it had ended the two-day winning streak in which it had climbed almost 550 points or 2.4 percent. The Hang Seng Index settled just above the 24,110-point plateau, and the market may extend its gains on Thursday. The global...

The winning streak has stretched to five sessions for the China stock market, which has exploded for more than 150 points or 6 percent en route to another fresh three-year closing high. The Shanghai Composite Index closed just above the 2,600-point plateau, and the market is expected to open in the green...

The Taiwan stock market turned higher again on Wednesday, one session after it had snapped the four-day winning streak in which it had advanced more than 360 points or 3.4 percent. The Taiwan Stock Exchange finished just above the 9,120-point plateau, and the market is looking for additional support...