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Asian Market Commentary

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Indian shares continued to witness a bloodbath on Friday, with key benchmark indexes plunging more than 3 percent after the Dow Jones Industrial Average suffered its worst-ever single day collapse in terms of points overnight on concerns about the rapid spread of coronavirus outside China. Global...

asian-market-down_28feb20.jpg Asian stocks followed their U.S. and European peers lower on Friday as the coronavirus continued to spread to new countries, exacerbating fears of a global pandemic. China's National Health Commission reported 327 new confirmed cases and 44 new deaths as of Thursday. South Korea confirmed an additional...

European stocks are seen opening lower on Friday, with news on the coronavirus front likely to keep underlying sentiment cautious. In New York state, 700 people are being monitored for possible coronavirus exposure. California is monitoring 8,400 people for signs of the virus after they traveled to...

Indian shares were deep in the red on Friday, mirroring steep losses across global markets on fears the coronavirus would become a pandemic and derail economic growth. The benchmark S&P BSE Sensex plunged as much as 1,164 points, or 2.93 percent, to 38,581 in early trade, while the broader NSE Nifty...

asianstock-dec30_27feb20.jpg Asian stock markets are tumbling on Friday after U.S. stocks plunged into correction territory overnight amid fears over the rapid spread of the coronavirus globally. The number of coronavirus infections in South Korea has risen to more than 2,000, while Japan has asked all schools nationwide to close from Monday. Nigeria has confirmed the country's first case of the coronavirus.

Indian shares look set to join a global selloff on Friday as coronavirus worries mounted. Global markets are headed for the worst week since the depths of the 2008 financial crisis on fears the coronavirus would become a pandemic and derail economic growth. The focus remains on countries outside China...

Couched in extremely volatility, the Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had stumbled more than 35 points or 2.2 percent. The Stock Exchange of Thailand now rests just above...

The Japanese stock market is plunging on Friday after U.S. stocks fell into correction territory overnight amid fears over the rapid spread of the coronavirus globally. In the U.S., California Governor Gavin Newsom said 33 people have tested positive for the coronavirus and the state is currently monitoring...

The Indonesia stock market has finished lower in five straight sessions, sliding almost 450 points or 7.7 percent in that span. The Jakarta Composite Index now rests just above the 5,535-point plateau and it's looking at another red light again on Friday. The global forecast for the Asian markets...

The Australian stock market is tumbling more than 3 percent on Friday after U.S. stocks plunged into correction territory overnight amid fears over the rapid spread of the coronavirus globally. In the U.S., California Governor Gavin Newsom said 33 people have tested positive for the coronavirus and the...

The Hong Kong stock market has finished higher in two of three trading days since the three-day losing streak in which it had fallen almost 850 points or 3.1 percent. The Hang Seng Index now rests just beneath the 26,780-point plateau although it's expected to find renewed selling pressure on Friday. The...

The China stock market on Thursday snapped the three-day slide in which it had fallen more than 50 points or 1.7 percent. The Shanghai Composite Index now rests just above the 2,990-point plateau although it figures to head south again on Friday. The global forecast for the Asian markets suggests...

The Singapore stock market has finished lower in back-to-back sessions, surrendering more than 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,110-point plateau and it may take further damage on Friday. The global forecast for the Asian markets suggests major...

The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen almost 45 points or 3 percent. The Kuala Lumpur Composite Index now rests just above the 1,505-point plateau although it's expected to face renewed selling pressure on...

The South Korea stock market has moved lower in two straight sessions, sliding almost 50 points or 2.5 percent along the way. The KOSPI now rests just beneath the 2,055-point plateau and it's tipped to open under pressure again on Friday. The global forecast for the Asian markets suggests major consolidation...

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