Asian Market Commentary

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Stock-Market-500_30Jul14.jpg Asian stocks ended mixed on Wednesday, with Seoul shares rallying on optimism about the domestic economy, while the markets elsewhere saw muted performance ahead of U.S. GDP data and the Federal Reserve's monetary policy announcement due tonight. Both the European Union and the United States stepped...

Indian shares opened largely unchanged on Wednesday despite positive global cues. Trading is confined to a narrow range ahead of the expiry of monthly derivative contracts tomorrow. The benchmark S&P BSE Sensex is little changed, while the broader CNX Nifty index is down 10 points or 0.13 percent...

Asian-Markets2_30Jul14.jpg Despite a weak lead from Wall Street, Asian stock markets are mostly trading higher on Wednesday with investors reacting positively to corporate quarterly earnings reports from the region. However, the mood is somewhat cautious with investors looking ahead to the U.S. Federal Reserve's monetary policy statement, due later in the day.

Nifty futures on the Singapore Exchange are trading lower, indicating a flat-to-lower open amid mixed global cues. Trading activity may remain somewhat choppy ahead of monthly expiry of derivative contracts on Thursday. On the earnings front, engineering & construction giant Larsen and Toubro reported...

The Japanese stock market opened on a positive note Wednesday, with a weaker yen triggering some buying in early trades. However, with investors treading cautiously at higher levels and looking ahead to earnings reports, the market pared early gains and is currently trading just marginally higher. The...

The Thai stock market has moved lower now in three straight trading days, tumbling more than 20 points or 1.4 percent in that span. The Stock Exchange of Thailand finished just above the 1,520-point plateau, and the market may find traction on Wednesday. The global forecast for the Asian markets is...

Despite a weak lead from Wall Street, the Australian stock market is trading notably higher on Wednesday with investors indulging in some buying in mining, energy and consumer staples stocks. However, the mood remains cautious following new and tougher sanctions imposed by the U.S. and the European...

The Hong Kong stock market has finished higher now in six straight sessions, surging more than 1,260 points or 5 percent en route to another fresh three-year closing high. The Hang Seng Index settled just above the 24,640-point plateau, although investors are overdue to lock in gains on Wednesday. The...

The China stock market has moved to the upside now in six consecutive trading days, surging more than 125 points or 6.2 percent in that span. The Shanghai Composite Index settled just above the 2,180-point plateau, although the market is overdue for some profit taking on Wednesday. The global forecast...

The Taiwan stock market has moved lower now in three consecutive sessions, giving away 140 points or 1.4 percent along the way. The Taiwan Stock Exchange finished just above the 9,390-point plateau, and the market may take further damage on Wednesday. The global forecast for the Asian markets is mixed...

The Singapore stock market bounced higher again on Tuesday, one session after it had halted the eight-day winning streak in which it had climbed more than 60 points or 1.8 percent. The Straits Times Index finished just above the 3,355-point plateau, although the market may hand back those gains on Wednesday. The...

Ahead of the long weekend holiday for Eid-ul-Fitri, the Malaysia stock market had moved higher in four straight trading days, adding almost 9 points or 0.5 percent in that span. The Kuala Lumpur Composite Index remained just above the 1,875-point plateau, and now the market may see mild selling pressure...

The South Korea stock market has moved to the upside in three consecutive trading days, collecting almost 35 points or 1.6 percent en route to a three-year closing high. The KOSPI settled just above the 2,060-point plateau, although the market may see a move to the downside on Wednesday. The global...

Asian-Market-100912_28Jul14.jpg Asian stock markets are mostly trading higher on Tuesday with investors indulging in some cautious buying ahead of Wednesday's monetary policy statement from the U.S. Federal Reserve. Investors are also tracking the latest batch of earnings reports and economic data from the region for some direction.

The Japanese stock market is trading higher on Tuesday, with investors reacting positively to some upbeat earnings news and a mixed batch of economic data. The benchmark Nikkei 225 index is up 66.8 points or 0.4 percent at 15,596.2, after advancing to 15,629.9 earlier. Nippon Telegraph & Telephone...