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Asian Market Commentary

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Indian shares fell slightly on Thursday amid profit taking in recent outperformers on the eve of derivatives expiry. Global cues were mixed as U.S. President Donald Trump's long-touted tax plan for big corporate and personal tax cuts offered few details and investors looked forward to the ECB meeting...

stockup-042717.jpg Asian stocks fluctuated before closing mostly higher on Thursday after top White House officials finally unveiled the president's highly anticipated tax reform plan that includes significant reductions in both individual and corporate income tax rates. The proposal would lower the corporate tax rate...

Indian shares opened flat to slightly lower on Thursday after the highly anticipated tax plan outline released by U.S. President Donald Trump offered no specifics on how the tax cuts would be paid for without increasing the budget deficit. The benchmark BSE Sensex was down 20 points or 0.07 percent...

Asian-Market-100912_26Apr17.jpg Asian stock markets are mostly lower on Thursday following the weak lead from Wall Street amid uncertainty over the feasibility of the Trump administration's highly anticipated tax reform plan unveiled overnight. The plan offered no specifics on how the tax cuts would be paid for without increasing the budget deficit.

Indian shares may follow Asian peers lower on Thursday as U.S. President Donald Trump's tax cut plans fell short on details, pulling down U.S. Treasury yields and the dollar. Benchmark indexes in China, Hong Kong, Japan, South Korea and Taiwan are down between 0.2 percent and 0.9 percent. Amid lack...

The Japanese stock market is modestly lower on Thursday following the weak cues from Wall Street after the Trump administration unveiled its highly anticipated tax plan. Investors are also cautious as the Bank of Japan's monetary policy decision due later in the day. The central bank is widely expected...

The Thai stock market on Wednesday snapped the two-day slide in which it had fallen almost 8 points or 0.5 percent. The Stock Exchange of Thailand now rests just above the 1,565-point plateau although it may head south again on Thursday. The global forecast for the Asian markets is slightly soft,...

The Australian stock market is flat in choppy trades on Thursday following the modest losses overnight on Wall Street as investors digested the Trump administration's highly anticipated tax reform plan and local corporate earnings results. In late-morning trades, the benchmark S&P/ASX 200 Index is...

The Indonesia stock market has finished higher in three straight sessions, collecting more than 130 points or 2.4 percent along the way. The Jakarta Composite Index now rests just above the 5,725-point plateau although it may see a soft start on Thursday. The global forecast for the Asian markets...

The Hong Kong stock market has finished higher in three straight trading days, advancing more than 530 points or 2.2 percent along the way. The Hang Seng Index now rests just beneath the 24,580-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets is slightly...

The China stock market has ticked higher in back-to-back sessions, adding almost a dozen points or 0.3 percent along the way. The Shanghai Composite Index now rests just above the 3,140-point plateau although the market may be stuck in neutral on Thursday. The global forecast for the Asian markets...

The Taiwan stock market has closed higher in four straight sessions, advancing more than 225 points or 2.3 percent along the way. The Taiwan Stock Exchange remains just above the 9,855-point plateau although investors may cash in on Thursday. The global forecast for the Asian markets is slightly soft,...

The Singapore stock market has finished higher in five consecutive trading days, climbing more than 45 points or 1.5 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau although the market is ripe for profit taking on Thursday. The global forecast for the...

The winning streak has hit four sessions for the Malaysia stock market, which has advanced almost 30 points or 1.8 percent in that span. The Kuala Lumpur Composite Index now rests just beneath the 1,770-point plateau although it may turn lower again on Thursday. The global forecast for the Asian markets...

The South Korea stock market has finished higher now in five straight sessions, advancing almost 70 points or 3.5 percent along the way. Now at a fresh six-year high, the KOSPI rests just beneath the 2,210-point plateau although the market may run out of steam on Thursday. The global forecast for...

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