logo

Asian Market Commentary

Share

Indian shares gave up early gains to end mixed on Friday as coronavirus worries persisted and Moody's Investors Service slashed India's economic growth projection for 2020 to 2.5 percent from 5.3 percent earlier, saying the 21-day lockdown would result in a sharp loss in incomes and further weigh on...

asian mixed 27mar20 Asian stocks pared early gains to end on a mixed note on Friday as worries about an impending global recession offset investor optimism over U.S. stimulus and a pledge by G20 countries to inject $5 trillion into the global economy to overcome the COVID-19 crisis. China's Shanghai Composite Index pared...

Indian shares opened higher on Friday, extending gains for the fourth straight session on hopes that policymakers across the world will roll out additional stimulus measures to combat the coronavirus pandemic. RBI Governor Shaktikanta Das will address a press conference later today, with the central...

asianmarkets2 dec19 26mar20 Asian stock markets are mostly higher on Friday following the following the overnight gains on Wall Street after the U.S. Senate finally voted to approve a massive $2 trillion stimulus package in response to the coronavirus pandemic. The news offset negative sentiment after a report by the U.S. Labor Department showed a spike in first-time jobless claims for the week ended March 21.

Indian shares look set to open higher on Friday after oil prices fell sharply overnight and closed lower for the first time in four sessions on concerns about the outlook for energy demand and amid reports that the U.S. Department of Energy is suspending its plans to buy crude for the country's Strategic...

The Thai stock market has climbed higher in three straight sessions, gathering more than 65 points or 6.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,090-point plateau and it's got another green light for Friday's trade. The global forecast for the Asian markets...

The Indonesia stock market on Thursday snapped the two-day losing streak in which it had surrendered more than 250 points or 6.2 percent. The Jakarta Composite Index now rests just beneath the 4,340-point plateau and now it's got another solid lead for Friday's trade. The global forecast for the Asian...

The Japanese stock market opened sharply higher on Friday following the overnight gains on Wall Street after the U.S. Senate finally voted to approve a massive $2 trillion stimulus package in response to the coronavirus pandemic. However, the market has pared strong gains and is now up 1 percent. The...

The Australian stock market is extending gains to a fourth day on Friday following the overnight gains on Wall Street after the U.S. Senate finally voted to approve a massive $2 trillion stimulus package in response to the coronavirus pandemic. The news offset negative sentiment after a report by the...

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had accelerated almost 1,850 points or 8.3 percent. The Hang Seng Index now rests just above the 23,350-point plateau although it figures to see renewed support on Friday. The global forecast for the Asian markets...

The China stock market on Thursday wrote a finish to the two-day winning streak in which it had risen more than 120 points or 4.5 percent. The Shanghai Composite Index now rests just beneath the 2,765-point plateau although it's expected to see a quick recovery on Friday. The global forecast for the...

The Taiwan stock market has finished higher in three straight sessions, rising more than 840 points or 9 percent along the way. The Taiwan Stock Exchange now rests just beneath the 9,740-point plateau and it's looking at another green light for Friday's trade. The global forecast for the Asian markets...

The Singapore stock market on Thursday wrote a finish to the two-day winning streak in which it had surged more than 270 points or 12 percent. The Straits Times Index now rests just above the 2,485-point plateau although it's expected to rebound on Friday. The global forecast for the Asian markets...

The Malaysia stock market has finished higher in three straight sessions, accelerating almost 70 points or 5.3 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,330-point plateau and it's called higher again on Friday. The global forecast for the Asian markets is...

The South Korea stock market on Thursday snapped the two-day winning streak in which it had surged more than 220 points or 14 percent. The KOSPI now rests just above the 1,685-point plateau although it figures to bounce higher again on Friday. The global forecast for the Asian markets is upbeat on...

Follow RTT
>