Asian Market Commentary

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Indian shares extended Thursday's rally, tracking firm cues from offshore markets overnight and a firm trend in Asia this morning on relief the U.S. Federal Reserve will not hike rates for at least the next couple of meetings. The benchmark S&P BSE Sensex is currently up 320 points or 1.2 percent...

Asian-Markets2_18Dec14.jpg Asian markets are up on Friday, tracking cues from Wall Street where the Dow recorded its biggest single day gains in three years overnight amid hopes the Fed will not hike interest rates anytime soon.

Indian shares are seen opening higher on Friday, extending a global rally, as Oracle posted stronger-than-expected results for the second quarter, the yen weakened and China revised upwards the estimated size of its economy in 2013 by 3.4 percent. The Asian markets are rising across the board, with...

The Thai stock market has closed higher now in two straight sessions, surging more than 55 points or 3.6 percent along the way. The Stock Exchange of Thailand settled just above the 1,515-point plateau, and the market is looking at further recovery on Friday following last week's losses. The global...

The Japanese stock market is up sharply, extending previous session's gains, tracking a positive lead from Wall Street where the Dow recorded its biggest single day gains in three years. A weaker yen is also contributing to the upside. Meanwhile, investors are looking ahead to the Bank of Japan's...

The Indonesia stock market has finished higher now in consecutive trading days, advancing more than 85 points or 1.6 percent along the way. The Jakarta Composite Index ended just below the 5,115-point plateau, and the market is looking at another firm start on Friday. The global forecast for the Asian...

The Australian stock market is notably higher Friday, tracking cues from Wall Street where the major averages rose sharply overnight amid hopes the Fed will not hike interest rates anytime soon. Mirroring strong buying across the board, all the sectoral indices are up in positive territory. Mining,...

The Hong Kong stock market on Thursday snapped the five-day losing streak in which it had plummeted more than 835 points or 4 percent. The Hang Seng Index settled just above the 22,830-point plateau, and now the market draws another firm start on Friday. The global forecast for the Asian markets is...

The China stock market on Thursday halted the four-day winning streak in which it had advanced almost 140 points or 4.6 percent. The Shanghai Composite Index settled just below the 3,060-point plateau, although the market may reverse those losses on Friday. The global forecast for the Asian markets...

The Taiwan stock market on Thursday halted the three-day slide in which it had fallen nearly 200 points or 2.2 percent. The Taiwan Stock Exchange closed just below the 8,880-point plateau, and the market is expected to extend its winnings on Friday. The global forecast for the Asian markets is broadly...

The Singapore stock market has finished higher now in back-to-back sessions, gathering almost 30 points or 0.9 percent along the way. The Straits Times Index settled just below the 3,245-point plateau, and now the market is looking at another firm start on Friday. The global forecast for the Asian...

The Malaysia stock market has tracked to the upside in consecutive trading days, advancing more than 25 points or 1.4 percent along the way. The Kuala Lumpur Composite Index closed just below the 1,700-point plateau, and the market is looking at additional support on Friday. The global forecast for...

The South Korea stock market has finished lower now in four consecutive trading days, giving away more than 25 points or 1.2 percent on its way to a 10-month closing low. The KOSPI settled just below the 1,900-point plateau, although the market may find traction on Friday. The global forecast for...

India's benchmark indexes Sensex and Nifty climbed the most since Oct. 31 on Thursday, as the U.S. Federal Reserve's assurance that it would take a "patient" approach in deciding when to raise interest rates along with a move by the Union Cabinet to clear the constitutional amendment bill for Goods &...

stock-up_18Dec14.jpg Asian stocks rallied on Thursday after the U.S. Federal Reserve sounded upbeat on the economy, but promised to be patient in deciding when to raise interest rates in the context of falling inflation expectations, slowing world growth and weak oil prices. Fears surrounding the Russian economy also eased...