Asian Market Commentary

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After opening notably lower on Friday due to profit taking, the Japanese market pared some losses subsequently with the yen's slight decline triggering some buying at lower levels. However, with several front line stocks reeling under a fresh bout of selling pressure on the back of a disappointing...

Despite a weak lead from Wall Street where stocks edged lower overnight on some weak economic data, the Australian market is trading higher on Friday with investors picking up mining, energy and financial stocks. The benchmark S&P/ASX 200 index is up 14.1 points or 0.3 percent at 5,179.8. The broader...

Despite positive cues from Wall Street, where stocks ended higher overnight, Asian stock markets are exhibiting a mixed trend on Thursday. Though most of the markets in the region opened on a buoyant note, some of them retreated soon with investors choosing to take some profits, cashing in on recent...

The Japanese stock market opened higher on Thursday and the Nikkei rose to 15,155, its highest level since late December 2007, as stocks moved up in early trades, buoyed by an encouraging GDP report and the overnight gains on Wall Street. However, the market retreated swiftly, with a stronger yen...

After edging higher in early trades, the Australian stock market is trading slightly weak on Thursday, with investors taking some profits at some counters. Selling in resources stocks following a weak trend in commodities prices is also contributing to the market's decline from higher levels. Consumer...

Indian shares rallied to a 28-month high on Wednesday, buoyed by rate cut hopes after RBI Governor D Subbarao said the central bank will take note of falling inflation when discussing potential interest rate cuts. Rate-sensitive realty, banking and auto stocks spearheaded the rally, while IT stocks...

stock-up_15May13.jpg Asian stocks rose broadly on Wednesday on optimism over growth in the U.S. economy. Japan's Nikkei index rallied to end above the 15,000 mark for the first time since December 2007 on further weakening of the yen and India's Sensex rallied over 2 percent to regain the 20,000 mark on growing hopes of...

Indian shares rose sharply on Wednesday, with rate-sensitive realty, banking and auto stocks spearheading the rally, after Reserve Bank of India Governor Duvvuri Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate...

Asian stock markets are mostly trading higher on Wednesday with the overnight positive close on Wall Street aiding sentiment. However, with investors looking to take some profits after recent gains, most of the markets came off their highs and are currently trading just marginally up in positive territory....

Indian shares are seen opening higher on Wednesday, mirroring firm global cues. Sentiment could improve as RBI Governor D Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate cuts. High retail inflation is a cause...

Buoyed by a strong close on Wall Street overnight and the dollar's rise against the yen, the Japanese stock market opened on a rousing note on Wednesday. As stocks surged higher amid hectic buying, the benchmark Nikkei 225 index zoomed past the 15,000 mark. With most of its components trading sharply...

After a fairly smart upmove on the back of a positive lead from Wall Street, the Australian stock market retreated on Wednesday, with a bigger than expected deficit in the federal budget hurting sentiment. Financial, healthcare, information technology and property trusts stocks are trading higher,...

Indian shares posted modest gains on Tuesday after government data showed India's headline inflation slowed for a third straight month in April, allowing room for the RBI to extend monetary easing to revive flagging growth. Inflation based on the wholesale price index slowed to a 41-month low of 4.89...

Asian-Markets2_14May13.jpg Asian stocks pared early gains on Tuesday, failing to sustain an initial upward move after overnight data showed U.S. consumers revved up their retail spending last month. The ongoing speculation over Fed tapering its asset-purchase program dented investor sentiment to some extent as traders eyed a slew...

Indian shares are little changed in early trading on Tuesday following the previous session's selloff. Investors await wholesale inflation data due out later in the day for direction. Other Asian markets are trading mostly lower, reversing early gains, with Chinese shares bearing the brunt of the selling...