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Asian Market Commentary

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Indian shares rose sharply on Friday to join a global rally, with strong earnings from U.S. retailers and expectations that the Federal Reserve may become less aggressive in tightening rates later in the year helping underpin sentiment. The benchmark S&P BSE Sensex climbed 632.13 points, or 1.17 percent,...

asian mixed2 27may22 Asian stocks finished Friday's session broadly higher after all three main U.S. indexes enjoyed a second day of gains overnight following strong earnings from retailers. Investors also took comfort from the latest FOMC minutes suggesting that the Fed wants to slow the tightening cycle in the second...

Indian shares opened on a positive note Friday, mirroring firm global cues on optimistic retail earnings outlook. The benchmark S&P BSE Sensex rose 490 points, or 0.9 percent, to 54,741, while the broader NSE Nifty index was up 118 points, or 0.7 percent, at 16,287. IT stocks led the surge, with...

asianup march01 26may22 Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, with technology and energy stocks boosting the markets. Traders also continued to pick up stocks at relatively reduced levels following recent weakness. However, concerns remain about persistent inflation, economic growth outlook and the ongoing war in Ukraine.

Indian shares look set to open sharply higher on Friday, with firm global cues and strong Hindalco Q4 results likely to underpin sentiment. Aditya Birla group company Hindalco Industries said its consolidated March quarter net profit nearly doubled to a record on the back of a strong performance...

The Thai stock market on Thursday halted the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,635-point plateau and it's likely to extend its gains on Friday. The global forecast for the Asian markets is broadly positive,...

The Japanese stock market is significantly higher on Friday, recouping the losses in the previous session, with the benchmark Nikkei 225 moving above the 26,800 level, following the broadly positive cues from Wall Street overnight, with exporter and technology stocks boosting the market, even as rising worries about high inflation and tightening monetary policies remain.

Ahead of Thursday's holiday for Ascension Day, the Indonesia stock market had moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 320 points or 4.9 percent. The Jakarta Composite Index now rests just above the 6,880-point plateau although...

The Australian stock market is significantly higher on Friday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving just below the 7,200 level, following the broadly positive cues from Wall Street overnight, with strength in materials and energy stocks amid higher commodity prices. Technology stocks also gained.

The Hong Kong stock market headed south again on Thursday, one session after snapping the two-day losing streak in which it had plunged more than 600 points or 3 percent. The Hang Seng now rests just above the 20,115-point plateau although it's expected to see renewed support on Friday. The global...

The China stock market has climbed higher in back-to-back sessions, gathering more than 50 points or 1.6 percent along the way. The Shanghai Composite Index now rests just above the 3,120-point plateau and it's looking at another strong start for Friday's trade. The global forecast for the Asian markets...

The Taiwan stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had added more than 135 points or 0.8 percent. The Taiwan Stock Exchange now sits just beneath the 15,970-point plateau although it figures to open higher again on Friday. The...

The Singapore stock market on Thursday wrote a finish to the three-day slide in which it had stumbled more than 60 points or 1.8 percent. The Straits Times Index now rests just beneath the 3,210-point plateau and it's expected to open in the green again on Friday. The global forecast for the Asian...

The Malaysia stock market has moved higher in back-to-back trading days, gathering almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,540-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is broadly...

The South Korea stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had climbed more than 55 points or 2.1 percent. The KOSPI now rests just above the 2,610-point plateau although it's expected to bounce higher again on Friday. The global...

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