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Asian Market Commentary

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Indian shares fell sharply on Friday, as top banks ICICI Bank and Bank of Baroda posted weaker-than-expected quarterly earnings and investors offloaded shares in other blue-chip stocks to bid for Coal India shares in an offer for sale, touted to be the biggest-ever equity offering in the Indian market....

stockmarket-121514_30Jan15.jpg Asian stocks ended mixed on Friday, with Chinese and Hong Kong stocks coming under selling pressure on concerns over increased regulatory scrutiny of margin trading, while Japanese shares posted modest gains, rebounding from the previous session's sell-off. Indian shares tumbled as PSU banks crashed...

Indian shares drifted lower on Friday after opening on a positive note. The Asian markets are trading mixed, with an upturn in oil prices and gains on Wall Street overnight helping cap overall losses to some extent. After hitting fresh record highs in opening deals, the benchmark indexes Sensex and...

Asian-Markets1_29Jan15.jpg Asian stock markets are mostly higher on Friday, following the overnight gains on Wall Street and the rebound in crude oil prices. Some encouraging corporate earnings reports from the region are also contributing to the upmove in a few markets.

Indian shares are likely to open higher on Friday, driven by robust foreign institutional investor (FII) inflows on expectations the upcoming Budget 2015 will focus on growth and pave the way for a flood of investment to enter the Indian market. The Asian markets are trading mostly higher after U.S....

The Japanese stock market opened higher on Friday, following the positive lead overnight from Wall Street and a weaker yen. Encouraging corporate earnings results also boosted sentiment. In late-morning trades, the benchmark Nikkei 225 Index is gaining 158.43 points or 0.90 percent to 17,764.65,...

The Thai stock market on Thursday wrote a finish to the modest two-day winning streak in which it had added just four points or 0.3 percent. The Stock Exchange of Thailand closed just above the 1,585-point plateau, although the market may see a positive bounce again on Friday. The global forecast...

The Indonesia stock market has finished lower now in two straight sessions, sliding almost 15 points or 0.3 percent along the way. The Jakarta Composite Index settled just above the 5,260-point plateau, although the market is poised to halt its slide on Friday. The global forecast for the Asian markets...

The Australian stock market is higher on Friday, buoyed by the positive lead overnight from Wall Street and rising expectations of an interest rate cut by the Reserve Bank of Australia next week. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 33.80 points or 0.61 percent to 5,603.30,...

The Hong Kong stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had surged almost 1,200 points or 5 percent. The Hang Seng Index closed just below the 24,600-point plateau, although the market may recoup some of those losses on Friday. The...

The China stock market has finished lower now in three straight sessions, tumbling more than 120 percent or 3.9 percent in that span. The Shanghai Composite Index ended just above the 3,260-point plateau, although the market may snap its slide on Friday. The global forecast for the Asian markets is...

The Taiwan stock market has finished lower in two straight sessions, giving away almost 95 points or 1 percent along the way. The Taiwan Stock Exchange settled just above the 9,425-point plateau, although the market may stop the bleeding on Friday. The global forecast for the Asian markets is positive,...

The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced more than 20 points or 0.55 percent. The Straits Times Index remained just below the 3,420-point plateau, although the market is looking at a higher open on Friday. The global forecast for the Asian...

The Malaysia stock market has tracked lower in back-to-back sessions, giving away more than 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index closed just above the 1,780-point plateau, although the market is expected to find traction on Friday. The global forecast for the Asian...

The South Korea stock market on Thursday snapped the modest two-day winning streak in which it had collected more than 25 points or 1.3 percent. The KOSPI ended just above the 1,950-point plateau, although the market may see renewed support on Friday. The global forecast for the Asian markets is positive,...

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