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Asian Market Commentary

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Firm global cues on expectations of economic recovery and further stimulus helped Indian shares end sharply higher for the day on Friday. The benchmark S&P BSE Sensex jumped 306.54 points, or 0.90 percent, to 34,287.24, while the broader NSE Nifty index ended up 113.05 points, or 1.13 percent, at...

stockmarkets aug20 05jun20 Asian stocks finished mostly higher on Friday even as caution prevailed ahead of the U.S. employment report due out later in the day. Economists expect U.S. employment to tumble by about 8.0 million jobs in May after plunging by 20.5 million jobs in April. The unemployment rate is expected to jump...

Indian shares opened higher on Friday as optimism over the easing of lockdown measures offset fears over rising cases of the coronavirus cases in the country. The benchmark S&P BSE Sensex rallied 345 points, or 1.02 percent, to 34,325 in early trade, while the broader NSE Nifty index was up 111 points,...

asiancommentary dec21 04jun20 Asian stock markets are mostly lower on Friday with investors taking profits after recent strength in the markets and also on caution ahead of the release of the closely-watched U.S. jobs data for May later today. Economists currently expect employment to tumble by about 8.0 million jobs in May after plunging by 20.5 million jobs in April.

Indian shares look set to open on a flat note Friday after the Centre announced new rules for allowing shopping malls, restaurants, hotels and places of worship to open gradually from Monday. All establishments that come under containment zones, however, will remain closed as announced earlier. With...

The Thai stock market has finished higher in four straight sessions, soaring more than 70 points or 5.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,410-point plateau although it may spin its wheels on Friday. The global forecast for the Asian markets is soft, with...

The Indonesia stock market on Thursday halted the eight-day winning streak in which it had soared more than 420 points or 9 percent. The Jakarta Composite Index now sits just above the 4,915-point plateau and it may take further damage on Friday. The global forecast for the Asian markets is soft,...

The Japanese stock market is modestly lower on Friday, snapping a four-day winning streak following the mixed cues overnight from Wall Street as investors turned cautious ahead of the release of the closely-watched U.S. jobs report for May later today. The benchmark Nikkei 225 Index is down 83.84...

The Australian stock market is declining on Friday after four straight days of gains, following the mixed cues overnight from Wall Street as investors turned cautious ahead of the release of the closely-watched U.S. jobs report for May later today. The benchmark S&P/ASX 200 Index is down 8.30 points...

The Hong Kong stock market has finished higher in four straight sessions, rising more than 1,370 points or 5.9 percent along the way. The Hang Seng Index now sits just above the 24,365-point plateau although it's due for consolidation on Friday. The global forecast for the Asian markets is soft, with...

The China stock market on Thursday snapped the five-day winning streak in which it had advanced more than 85 points or 3 percent. The Shanghai Composite Index now rests just beneath the 2,920-point plateau and the losses could accelerate on Friday. The global forecast for the Asian markets is soft,...

The Taiwan stock market has climbed higher in four straight sessions, advancing almost 450 points or 4.2 percent along the way. The Taiwan Stock Exchange now rests just above the 11,390-point plateau although it's looking at a red light for Friday's trade. The global forecast for the Asian markets...

The Singapore stock market has spiked higher in four straight sessions, surging almost 200 points or 7.7 percent along the way. The Straits Times Index now rests just above the 2,705-point plateau although it's tipped to open under pressure on Friday. The global forecast for the Asian markets is soft,...

The Malaysia stock market has moved higher in seven straight sessions, soaring more than 120 points or 8.3 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,560-point plateau although investors figure to cash in on Friday. The global forecast for the Asian markets is...

The South Korea stock market has climbed higher in five straight sessions, surging more than 125 points or 6.2 percent along the way. The KOSPI now rests just above the 2,150-point plateau although it may run out of steam on Friday. The global forecast for the Asian markets is soft, with profit taking...

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