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Asian Market Commentary

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Indian shares opened on a strong note Thursday as softer-than-expected U.S. inflation data eased concerns over the Federal Reserve's aggressive rate hikes and boosted investors' appetite for riskier assets. The benchmark S&P BSE Sensex soared 540 points, or 0.9 percent, to 59,358 in early trade, while...

asianup march03 10aug22 Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted tamer than expected US consumer price inflation data that raised speculation the Fed will slow the pace of interest rate hikes at its September meeting. Asian Markets closed mostly lower on Wednesday.

Indian shares look set to follow global peers higher on Thursday after new data showed inflation steadying in the world's largest economy. Strong earnings results from the likes of Eicher Motors, Coal India and IRCTC may also help underpin investor sentiment. Benchmark indexes Sensex and the Nifty...

The Thai stock market on Wednesday wrote a finish to the five-day winning streak in which it had collected almost 30 points or 1.9 percent. The Stock Exchange of Thailand now sits just above the 1,615-point plateau although it's looking at renewed support on Thursday. The global forecast for the Asian...

The Indonesia stock market on Wednesday snapped the seven-day winning streak in which it had advanced almost 150 points or 2.2 percent. The Jakarta Composite Index now sits just above the 7,085-point plateau although it's expected to move higher again on Thursday. The global forecast for the Asian...

The Australian stock market is significantly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 breaking above the 7,000 mark, following the broadly positive cues from global markets overnight, with the gains led by resources and technology stocks as traders reacted to tamer than expected US inflation data.

The Hong Kong stock market has moved lower in three straight sessions, tumbling almost 600 points or 3 percent along the way. The Hang Seng now rests just above the 19,600-point plateau, although bargain hunting is likely in order on Thursday. The global forecast for the Asian markets is upbeat thanks...

The China stock market on Wednesday ended the four-day winning streak in which it had gathered almost 85 points or 2.6 percent. The Shanghai Composite Index now rests just above the 3,230-point plateau although it's expected to open higher again on Thursday. The global forecast for the Asian markets...

The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had slumped more than 250 points or 1.7 percent. The Taiwan Stock Exchange now rests just beneath the 14,940-point plateau although it's likely...

The Singapore stock market bounced higher again on Wednesday, one session after snapping the five-day winning streak in which it had climbed more than 70 points or 2.2 percent. The Straits Times Index now rests just above the 3,285-point plateau and it may add to its winnings on Thursday. The global...

The Malaysia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen almost a dozen points or 0.8 percent. The Kuala Lumpur Composite Index new rests just above the 1,490-point plateau although it figures to bounce higher again on Thursday. The global...

The South Korea stock market on Wednesday snapped the five-day winning streak in which it had climbed more than 60 points or 2.4 percent. The KOSPI now rests just above the 2,480-point plateau although it's predicted to rebound again on Thursday. The global forecast for the Asian markets is upbeat...

Indian shares moved in a narrow range before finishing on a flat note Wednesday. A cautious undertone prevailed as investors awaited key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates. Rising tensions between China and the United States...

stockmarkets jan18 10aug22 Asian stocks fell on Wednesday, as risk appetite remained in check ahead of key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates. U.S. consumer prices are expected to edge up by 0.2 percent in July after increasing by 1.3 percent in June....

Indian shares opened on a sluggish note Wednesday as investors awaited the release of U.S. inflation data later in the day for cues on the Fed's policy tightening path. The benchmark S&P BSE Sensex slipped 90 points, or 0.2 percent, to 58,762 in early trade, while the broader NSE Nifty index was down...

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