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Asian Market Commentary

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Indian shares opened on a firm note Thursday, with underlying sentiment supported by positive global cues and covering-up of short positions ahead of derivatives expiry. U.S. and European stocks rose overnight and sentiment remains buoyant across Asia after OPEC agreed to a preliminary deal to limit...

Indian shares look set to open notably higher on Thursday after OPEC agreed to a preliminary deal to limit oil production for the first time in eight years and Fed Chair Janet Yellen said the central bank has no "fixed timetable" for raising interest rates. Meanwhile, the cabinet committee on economic...

Asian-Markets1_28Sep16.jpg Asian stock markets are in positive territory on Thursday following the surge in crude oil prices overnight in reaction to reports that OPEC members have reached a deal to cut oil production for the first time since 2008.

The Thai stock market has finished lower in four straight sessions, sliding more than 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,480-point plateau, although the market may find traction on Thursday. The global forecast for the Asian markets...

The Japanese stock market is notably higher on Thursday following the positive lead overnight from Wall Street and the rally in crude oil prices after OPEC agreed to cut oil output for the first time in eight years. In late-morning trades, the benchmark Nikkei 225 Index is gaining 226.06 1.37 16,691.46,...

The Indonesia stock market has moved higher in consecutive trading days, gathering almost 75 points or 1.5 percent along the way. The Jakarta Composite Index settled just above the 5,425-point plateau, and the market figures to add to its winnings again on Thursday. The global forecast for the Asian...

The Australian stock market is advancing on Thursday, with the positive lead overnight from Wall Street and the spike in crude oil prices boosting investor sentiment. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 51.50 points or 0.95 percent to 5,463.90, off a high of 5,465.10....

The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 300 points or 1.3 percent along the way. The Hang Seng now rests just beneath the 23,620-point plateau, and the market may extend its gains on Thursday. The global forecast for the Asian markets is firm, supported...

The China stock market headed south again on Wednesday, one session after it had ended the two-day slide in which it had retreated more than 60 points or 2 percent. The Shanghai Composite Index now rests just beneath the 2,990-point plateau, although the market is poised to bounce higher again on Thursday. The...

The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen 8 points or 0.3 percent. The Straits Times Index now rests just beneath the 2,860-point plateau, although the market figures to...

The Malaysia stock market picked up less than a point on Wednesday - but that was enough to snap the two-day slide in which it had fallen more than 5 points or 0.3 percent. The Kuala Lumpur Composite Index remained just beneath the 1,665-point plateau, and the market may find continued support on Thursday. The...

The South Korea stock market has moved lower in two of three trading days since the end of the six-day winning streak in which it had gathered more than 60 points or 3 percent. The KOSPI settled just above the 2,050-point plateau, although the market figures to rebound on Thursday. The global forecast...

Indian shares rebounded following three days of losses on Wednesday, after India's ranking in the Global Competitiveness Index for 2016-17, released by the World Economic Forum (WEF), jumped 16 spots to 39, the biggest jump among all 138 countries surveyed. India has become the second most competitive...

Asianmarkets-112014_28Sep16.jpg Most Asian stocks fell on Wednesday, as the Japanese yen fluctuated and oil prices turned flat after steep losses overnight on doubts over potential OPEC deal. While energy stocks led losses, the downside remained capped somewhat outside Japan, after gains in consumer and technology stocks helped major...

Indian shares opened higher on Wednesday, after oil prices tumbled overnight and India moved up 16 positions to rank 55th on a global index of the world's most competitive economies, reflecting improved monetary and fiscal policies. Gains, however, remained muted amid mixed global cues. The benchmark...

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