logo

Asian Market Commentary

Share

AsianMarkets-011615_19Feb18.jpg Asian stock markets, led by Japan, are in negative territory on Tuesday following the weak cues overnight from European markets and in the absence of any lead from Wall Street, which was closed for a public holiday. The Australian market is declining in cautious trades as investors digested mixed corporate earnings results, while the Japanese market is notably lower despite a weaker yen.

Indian shares look set to extend losses from the previous session on Tuesday in the wake of reports that banks have identified diversion of funds by another borrower - Rotomac, promoted by Vikram Kothari. The CBI has registered a case against the pen maker in connection with an alleged Rs. 2,919...

The Thai stock market has climbed higher in three straight trading days, advancing more than 15 points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just shy of the 1,810-point plateau although investors figure to lock in gains on Tuesday. The global forecast for the Asian...

The Japanese stock market is notably lower on Tuesday in the absence of any lead from Wall Street, which was closed overnight for a public holiday, and despite a weaker yen. In late-morning trades, the benchmark Nikkei 225 Index is losing 295.17 points or 1.33 percent to 21,854.04, off a low of 21,850.41...

The Indonesia stock market bounced higher again on Monday, one session after it had snapped the three-day winning streak in which it had advanced almost 90 points or 1.8 percent. The Jakarta Composite Index now rests just shy of the 6,690-point plateau although it may open under pressure on Tuesday. The...

The Australian stock market is declining on Tuesday in the absence of any cues from Wall Street, which was closed overnight for a holiday, and following the negative cues from European markets. Investors also digested mixed corporate earnings results. In late-morning trades, the benchmark S&P/ASX...

Ahead of the four-day weekend for the Lunar New Year, the Hong Kong stock market had finished higher in three straight sessions - surging more than 1,650 points or 5 percent in that span. The Hang Seng Index now rests just above the 31,115-point plateau, and it figures to catch up on some positive sentiment...

The Singapore stock market has moved higher in back-to-back trading days, gathering more than 85 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,490-point plateau although the market may spin its wheels on Tuesday. The global forecast for the Asian markets...

The winning streak has reached five sessions for the Malaysia stock market, which has advanced almost 40 points or 2.2 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,855-point plateau although investors may cash in on Tuesday. The global forecast for the Asian markets...

The South Korea stock market had finished higher in four straight sessions, gathering almost 80 points or 3.1 percent along the way. The KOSPI now rests just above the 2,440-point plateau, although the rally may run out of steam on Tuesday. The global forecast for the Asian markets is mixed to lower,...

Indian shares fell notably on Monday after the Rs 11,400 crore banking fraud unearthed at Punjab National Bank last week raised worries over the systemic and others risk management systems prevailing within the banking ecosystem. The benchmark BSE Sensex hit as low as 33,554 before recouping some...

shareshigher-021918.jpg Asian stocks closed broadly higher in thin holiday trade on Monday after the S&P 500 extended its winning streak to six days. Trading volumes remained thin across the region as markets in China and Hong Kong remained shut due to the Lunar New Year holiday. Japanese shares rallied, with a weaker...

Indian shares opened modestly lower on Monday as worries over the Rs 11,300-crore fraud case at Punjab National Bank continued to keep investors nervous. The benchmark BSE Sensex was down 125 points or 0.36 percent at 33,886, while the broader Nifty index was down 35 points or 0.34 percent at 10,417. PNB...

Indian shares look set to open higher on Monday, tracking firm global markets as investors remain optimistic about global growth. Global cues, oil price movements, inflow of funds from foreign and domestic investors and ongoing developments in PNB fraud case may influence trading sentiment this week...

The Thai stock market has tracked higher in back-to-back sessions, gathering more than a dozen points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,805-point plateau and it figures to tick higher again on Monday. The global forecast for the Asian markets is...

Follow RTT