logo

Asian Market Commentary

Share

The Indonesia stock market on Tuesday halted the four-day losing streak in which it had dropped more than 90 points or 1.5 percent. The Jakarta Composite Index now sits just beneath the 6,090-point plateau and it's expected to open higher again on Wednesday. The global forecast for the Asian markets...

The Australian stock market is modestly lower on Wednesday, giving up some of the strong gains of the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, as traders digested weaker than expected local manufacturing and services data. Weakness in mining, banking and energy stocks are offsetting gains in technology stocks.

The Hong Kong stock market has tracked lower in consecutive trading days, tumbling almost 500 points or 1.8 percent along the way. The Hang Seng Index now rests just beneath the 28,310-point plateau although it's expected to rebound on Wednesday. The global forecast for the Asian markets is positive...

The China stock market has moved higher in two straight sessions, advancing more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now sits just beneath the 3,560-point plateau and it's expected to add to its winnings on Wednesday. The global forecast for the Asian markets...

The Taiwan stock market on Tuesday snapped the two-day slide in which it had tumbled almost 330 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 17,075-point plateau and it's looking at another green light for Wednesday's trade. The global forecast for the Asian markets is...

The Singapore stock market has finished lower in back-to-back trading days, sinking almost 35 points or 1.1 percent along the way. The Straits Times Index now rests just beneath the 3,110-point plateau although it's expected to stop the bleeding on Wednesday. The global forecast for the Asian markets...

The Malaysia stock market has moved higher in two of three trading days since the end of the three-day slide in which it had stumbled more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,575-point plateau and it may add to its winnings on Wednesday. The...

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day winning streak in which it had jumped more than 60 points or 1.9 percent. The KOSPI now sits just beneath the 3,265-point plateau and it may extend its gains...

Indian shares ended off their day's highs on Tuesday as banks and financials succumbed to profit taking at higher levels. IT companies and automakers gained ground, helping key benchmark indexes end the day firmly in positive territory. The 30-share BSE Sensex surged to a record high of 53,057 earlier...

stockmarkets dec17 22jun21 Asian stocks advanced on Tuesday after New York Fed President John Williams noted the recent inflation surge is likely a temporary phase, helping ease investor concerns about the pace of expected monetary tightening. Chinese shares ended notably higher, with the benchmark Shanghai Composite Index...

Indian shares opened higher on Tuesday after U.S. markets rebounded strongly overnight. The benchmark 30-share BSE Sensex jumped 337 points, or 0.6 percent, to 52,911 in early trade, while the broader NSE Nifty index was up 100 points, or 0.6 percent, at 15,847. Muthoot Finance rose over 1 percent...

asianup march03 21jun21 Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, with higher crude oil prices and bargain hunting providing the boost. The recent sell-off came amid concerns about the US Fed's outlook for interest rates. Meanwhile, the coronavirus infection rate in the region is capping the gains and is keeping the underlying mood cautious.

Indian shares are seen opening higher on Tuesday amid hopes that current vaccination drive might help prevent a possible third wave of coronavirus infections and that the domestic economy is much better prepared to face any kind of crisis. India on Monday broke its record of maximum Covid-19 vaccine...

The Thai stock market has finished lower in three straight sessions, sinking almost 25 points or 1.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,600-point plateau although it's expected to find support on Tuesday. The global forecast for the Asian markets is positive,...

The Japanese stock market is sharply higher on Tuesday, recouping some of the losses of the previous four sessions, with the benchmark Nikkei index adding more than 700 points to go above the 28,700 level, following the broadly positive cues from Wall Street overnight. Traders are also scooping up bargains following the heavy losses in recent sessions, which were driven by interest rate concerns.

Follow RTT