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Asian Market Commentary

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Indian shares soared on Friday on uninterrupted buying after Finance Minister Nirmala Sitharaman announced the government's decision to slash effective corporate tax.

asian-up_20sep19.jpg Asian stock markets ended mostly higher on Friday amid optimism that the stimulus packages by central banks around the world would help bolster slowing economic growth. The focus also shifted to the U.S.-China trade war as investors digested news that U.S. and Chinese deputy trade negotiators resumed trade talks for the first time in almost two months on Thursday.

Indian stocks opened higher Friday morning, tracking gains in Asian markets amid hopes stimulus packages announced by central banks will help revive economic growth.

asiancommentary-dec19_19sep19.jpg Asian stock markets are mostly higher on Friday despite the mixed cues overnight from Wall Street amid continued uncertainty about the outlook for interest rates following the U.S. Federal Reserve's monetary policy announcement on Wednesday. Gains are modest in most markets as investors digested news that the U.S. and Chinese deputy trade negotiators have resumed face-to-face talks.

Indian stocks are likely to open on a mixed note Friday morning, with investors looking for direction after the previous session's sharp setback.

The Thai stock market has finished lower in back-to-back trading days, sliding almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,640-point plateau and it's expected to remain in that neighborhood again on Friday. The global forecast for the Asian...

The Indonesia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 55 points or 0.9 percent. The Jakarta Composite Index now rests just beneath the 6,245-point plateau and it may spin its wheels again on Friday. The global forecast for the Asian markets is...

The Japanese stock market is advancing on Friday despite the lackluster cues overnight from Wall Street as investors shifted focus to the U.S.-China trade talks. Investors digested news that the U.S. and Chinese deputy trade negotiators have resumed face-to-face talks for the first time in almost two...

The Hong Kong stock market has finished lower in four straight sessions, tumbling almost 900 points or 3.2 percent along the way. The Hang Seng Index now rests just beneath the 26,470-point plateau although it may find traction on Friday. The global forecast for the Asian markets is flat with a touch...

The Australian stock market is rising on Friday, extending gains from the previous session despite the mixed cues overnight from Wall Street. Investors digested news that the U.S. and Chinese deputy trade negotiators have resumed face-to-face talks for the first time in almost two months on Thursday....

The China stock market has climbed higher in consecutive trading days, advancing more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just shy of the 3,000-point plateau although investor may cash in on Friday. The global forecast for the Asian markets is flat with...

The Taiwan stock market has finished lower in two of three days since the end of the three-day winning streak in which it had advanced more than 140 points or 1.4 percent. The Taiwan Stock Exchange now rests just beneath the 10,900-point plateau and it's likely to hover around that mark again on Friday. The...

The Singapore stock market has finished lower in four straight sessions, sliding almost 55 points or 1.7 percent along the way. The Straits Times Index now rests just beneath the 3,160-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is flat with...

The Malaysia stock market has moved lower in two straight sessions, slipping more than 8 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,595-point plateau and it may be stuck in neutral on Friday. The global forecast for the Asian markets is flat...

The South Korea stock market climbed higher in 10 straight sessions, accelerating almost 110 points or 5.6 percent along the way. The KOSPI now rests just above the 2,080-point plateau although it may run out of steam on Friday. The global forecast for the Asian markets is flat with a touch of upside...

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