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Asian Market Commentary

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Stock-Market-010815_24Feb17.jpg Asian stocks fell broadly on Friday as weaker commodity prices weighed on resource stocks and media reports suggesting that U.S. President Donald Trump may not take action on his proposed $550 billion infrastructure promise until 2018 helped fuel demand for safe-haven assets such as gold and the yen. Chinese...

Asian-Markets1_23Feb17.jpg Asian stock markets are lower on Friday following the mixed cues overnight from Wall Street for a second straight session and as weaker commodity prices weighed on resources stocks. Investors also digested mixed corporate earnings results.

Indian financial markets remain closed today on the occasion of Maha Shivaratri festival. Benchmark indexes Sensex and the Nifty erased early gains to end on a flat note on Thursday, as the near month February 2017 derivatives contracts expired and investors locked in some profits ahead of the long...

The Japanese stock market has pared some of its earlier losses and is modestly lower on Friday, with the yen retreating against the U.S. dollar. The benchmark Nikkei 225 Index closed the morning session at 19,340.68, down 30.78 points or 0.16 percent, after touching a low of 19,219.58 earlier. Toshiba...

The Thai stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had gathered just 6 points or 0.4 percent. The Stock Exchange of Thailand now rests just above the 1,565-point plateau and the market figures to remain rangebound again on Friday. The...

The Indonesia stock market has finished higher in two straight sessions, climbing more than 30 points or 0.6 percent along the way. The Jakarta Composite Index now rests just above the 5,370-point plateau, and the market may add to its winnings on Friday. The global forecast for the Asian markets...

The Australian stock market is extending losses on Friday from the previous session, following the lackluster cues from Wall Street and lower commodity prices. Investors also focused on corporate earnings results. In late-morning trades, the benchmark S&P/ASX 200 Index is losing 25.70 points or 0.44...

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had collected more than 300 points or 1.2 percent. The Hang Seng Index now rests just above the 24,110-point plateau, although the...

The China stock market on Thursday halted the three-day winning streak in which it had advanced almost 60 points or 1.9 percent. The Shanghai Composite Index now rests above the 3,250-point plateau, although the market may find traction on Friday. The global forecast for the Asian markets is flat...

The Taiwan stock market on Thursday wrote a finish to the modest two-day winning streak in which it had picked up more than 25 points or 0.3 percent. The Taiwan Stock Exchange now rests just beneath the 9,770-point plateau, although the market may be stuck in neutral again on Friday. The global forecast...

The Singapore stock market has moved higher in back-to-back sessions, gathering almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,135-point plateau, and the market may open slightly higher again on Friday. The global forecast for the Asian markets is...

The Malaysia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 5 points or 0.3 percent. The Kuala Lumpur Composite Index new rests just beneath the 1,705-point plateau and the market figures to hold steady in that...

The South Korea stock market picked up just a single point on Thursday - but that was enough to extend its winning streak to four sessions, gathering more than 25 points or 1.2 percent in that span. The KOSPI remains just above the 2,105-point plateau, although the market may run out of steam on Friday. The...

Indian shares erased early gains to end on a flat note on Thursday, as the near month February 2017 derivatives contracts expired and investors locked in some profits ahead of the long weekend. The markets will remain closed on Friday on the occasion of Maha Shivaratri festival. The benchmark 30-share...

StockMarkets-112514_23Feb17.jpg Asian stocks turned in a mixed performance on Thursday as European political risks remained in focus and the minutes of the Federal Reserve's last policy meeting indicated a rate hike would be on the table at the Fed's next meeting in March, should jobs and inflation data come in line with expectations....

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