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Asian Market Commentary

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stockdown-053017.jpg Asian stocks ended mixed on Tuesday as fears about political risks in Europe sapped investors' appetite for risk and helped spur demand for safe-haven assets such as the Japanese yen and gold. Trading volumes remained thin across the region amid public holidays in China, Hong Kong and Taiwan. Oil...

Indian shares opened largely unchanged on Tuesday after capital market regulator SEBI tightened norms on issuance of participatory notes issued by registered FPIs to overseas investors who wish to invest in local market. Weak global cues also weighed on sentiment as investors fretted about a Greek...

AsianMarkets-011615_29May17.jpg Asian stock markets drifted lower on Tuesday and the euro slipped after ECB President Mario Draghi told European lawmakers in Brussels that the euro zone economy still needs a "fairly substantial amount" of monetary stimulus to restore stable inflation. Oil held gains near $50 a barrel while the...

Indian shares are poised to open lower on Tuesday after Coal India and Larsen & Toubro reported mixed quarterly results and the World Bank warned that demonetization may have slowed India's economic growth sharply in 2016-17. While Coal India's Q4 net profit declined 38 percent from last year because...

Indian shares reached fresh record highs on Monday before giving up most gains to the end the session largely unchanged, hit by muted global cues as U.S. President Donald Trump refused to endorse the Paris global climate change accord and North Korea fired another missile off its east coast, the latest...

Markets-111714_29May17.jpg Asian stocks fluctuated before closing mostly lower on Monday after leaders of the G7 group of rich nations failed to make progress on narrowing differences on climate change and North Korea fired another missile off its east coast, the latest in a fast-paced series of missile tests defying world pressure...

Indian shares were flat to slightly higher on Monday amid mixed cues from Asian markets. The rupee opened marginally weaker as the dollar index inched up against its major rivals. The benchmark BSE Sensex was up 58 points or 0.19 percent at 31,086 while the broader Nifty index was up 3 points or 0.03...

AsianMarkets-112514_28May17.jpg Asian stocks are trading mixed this morning and the pound nursed losses after opinion polls showed a shrinking lead for British Prime Minister Theresa May in upcoming elections and North Korea test-fired another short-range ballistic missile early Monday. The dollar index held steady while oil prices...

Indian shares look set to open flat to slightly higher on Monday as the quarterly earnings season picks up pace, with nearly 2,000 companies slated to unveil their Q4 results this week. Prominent among them include Coal India, NTPC, L&T, Hindalco Industries and Mahindra & Mahindra. The government...

The Thai stock market gave up less than a single point on Friday - but that was enough to halt the four-day winning streak in which it had added almost 25 points or 1.6 percent. The Stock Exchange of Thailand remains just beneath the 1,570-point plateau and it may continue to spin its wheels on Monday. The...

The Indonesia stock market on Friday ended the three-day slide in which it had surrendered more than 90 points or 1.4 percent. The Jakarta Composite Index now rests just above the 5,715-point plateau and it may tick higher again on Monday. The global forecast for the Asian markets is flat to higher...

The Hong Kong stock market has tracked higher in six straight sessions, gathering more than 500 points or 2 percent along the way. The Hang Seng Index now rests just beneath the 25,640-point plateau although it may run out of steam on Monday. The global forecast for the Asian markets is flat to higher...

The Singapore stock market on Friday ended the three-day winning streak in which it had picked up more than 20 points or 0.6. The Straits Times Index now rests just beneath the 3,220-point plateau and it is looking at little movement on Monday. The global forecast for the Asian markets is flat to...

The Malaysia stock market on Friday snapped the modest two-day winning streak in which it had collected more than 7 points or 0.4 percent. The Kuala Lumpur Composite Index remains just beneath the 1,775-point plateau and it may regain traction on Monday. The global forecast for the Asian markets is...

The South Korea stock market has moved higher now in six straight trading days, gathering more than 65 points or 2.9 percent on its way to yet another fresh record closing high. The KOSPI now rests just above the 2,355 point plateau although investors may cash in on Monday. The global forecast for...

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