Asian Market Commentary

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Asian-Market-100912_17Sep14.jpg Asian markets are exhibiting a mixed trend on Thursday with investors treading cautiously despite a positive lead from Wall Street where the major averages ended higher overnight following the U.S. Federal Reserve's decision to maintain interest rates at record lows till 2015.

The Thai stock market on Wednesday wrote a finish to the two-day losing streak in which it had given away more than 15 points or 1 percent. The Stock Exchange of Thailand settled just above the 1,570-point plateau, and the market may halt open higher again on Thursday. The global forecast for the...

The Japanese stock market opened on a firm note on Thursday and the Nikkei 225 index rose above the 16,000 mark for the first time since January, as a weaker yen triggered some strong buying at several counters. The Nikkei is up 178.7 points or 1.1 percent at 16,067.4. Kubota Corp. is moving up...

The Indonesia stock market bounced right back to the upside again on Wednesday, one session after it had ended the modest two-day winning streak in which it had risen more than a dozen points or 0.3 percent. The Jakarta Composite Index ended just below the 5,190-point plateau, and the market draws another...

The Australian stock market retreated on Thursday on some heavy selling in the mining space after opening on a positive note following the U.S. Federal Reserve's decision to maintain interest rates at record lows till 2015. Shares from consumer staples and utilities sections are the other notable...

The Hong Kong stock market on Wednesday finally snapped the eight-day losing streak in which it had plummeted almost 1,200 points or 5 percent. The Hang Seng Index finished just above the 24,375-point plateau, and the market may see further recovery on Thursday. The global forecast for the Asian markets...

The China stock market turned higher again on Wednesday, one session after it had ended the two-day winning streak in which it had gathered almost 30 points or 1.3 percent. The Shanghai Composite Index settled just above the 2,305-point plateau, and the market may see additional support on Thursday. The...

The Taiwan stock market on Wednesday finally snapped the five-day slide in which it had tumbled more than 300 points or 3.1 percent. The Taiwan Stock Exchange ended just below the 9,200-point plateau, and now the market draws a slightly higher open on Thursday. The global forecast for the Asian markets...

The Singapore stock market on Wednesday wrote a finish to the three-day losing streak in which it had fallen more than 75 points or 2.3 percent. The Straits Times Index closed just below the 3,300-point plateau, and the market may add to its winnings on Thursday. The global forecast for the Asian...

The Malaysia stock market has finished lower now in five straight sessions, giving away more than 30 points or 1.6 percent along the way. The Kuala Lumpur Composite Index settled just below the 1,845-point plateau, although now the market may see a positive bounce on Thursday. The global forecast...

The South Korea stock market has tracked higher now in back-to-back sessions, advancing more than 25 points or 1.3 percent along the way. The KOSPI finished just above the 2,060-point plateau, and the market may extend its gains on Thursday. The global forecast for the Asian markets suggests mild...

Asian-Markets2_16Sep14.jpg Asian stock markets are mostly trading higher on Wednesday, tracking cues from Wall Street where the major averages ended on a positive note overnight. Investors are looking ahead to the U.S. Federal Reserve's monetary policy decision, due later in the day.

Indian stocks are likely to open higher on Wednesday, on bargain hunting following recent losses and tracking positive global cues. However, gains are likely to be muted as investors remain cautious ahead of the U.S. Federal Reserve's monetary policy statement, which is due later in the day and is...

The Thai stock market has tracked to the downside in consecutive trading days, giving away more than 15 points or 1 percent along the way. The Stock Exchange of Thailand ended just above the 1,565-point plateau, although the market may halt its slide on Wednesday. The global forecast for the Asian...

The Japanese stock market opened on a bright note Wednesday, tracking positive cues from Wall Street where the major averages closed higher overnight. A slight weakness of the yen too contributed to the higher start. However, the market pared some gains subsequently with investors turning a bit cautious,...