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Asian Market Commentary

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Indian shares ended on a strong note on Thursday, rebounding well from recent losses and an early sharp plunge, as positive global cues helped offset worries about the worsening pandemic situation.

stockmarkets jan22 22apr21 Asian stocks ended mostly higher on Thursday, rebounding a bit from recent losses on a positive lead from the performance by the U.S. markets and some bargain hunting.

Indian shares nosedived in early trades on Thursday following another massive surge in coronavirus infections in the country, and despite recovering some lost ground subsequently, remain firmly down in negative territory.

asiaup march19 21apr21 Asian stock markets are mostly higher in cautious trading on Thursday, recouping some of the losses of the previous two sessions, following the positive cues overnight from Wall Street. The markets are also benefiting from some bargain hunting after two successive days of losses. However, markets in the region continue to be tense and cautious amid the continuing surge in coronavirus cases.

The Japanese stock market is sharply higher after early losses on Thursday, recouping some of the sharp losses of the previous two sessions, with the Nikkei 225 gaining more than 500 points to break above the 29,000 mark, following positive cues overnight from Wall Street. However, worries about possible coronavirus-related lockdowns in major cities is limiting the markets' upside.

Indian shares may open on a weak note Thursday morning amid worries about the continued surge in new coronavirus cases across the country. Lower SGX Nifty futures too suggest a weak start for the market.

The Thai stock market on Wednesday ended the three-day winning streak in which it had gained almost 40 points or 2.6 percent. The Stock Exchange of Thailand now rests just above the 1,580-point plateau although it's expected to open higher again on Thursday. The global forecast for the Asian markets...

The Indonesia stock market has finished lower in three straight sessions, sinking almost 100 points or 1.6 percent along the way. The Jakarta Composite Index now sits just beneath the 6,000-point plateau although it may find traction on Thursday. The global forecast for the Asian markets is positive...

The Australian stock market is marginally higher in choppy trading on Thursday after the previous two sessions of losses, with the benchmark S&P/ASX 200 back above the 7,000 mark just off its 14-month highs, following positive cues overnight from Wall Street. The market is primarily boosted by gold miners, offsetting weakness in materials and energy stocks.

The Hong Kong stock market on Wednesday snapped the three-day winning streak in which it had gained more than 340 points or 1.2 percent. The Hang Seng Index now sits just above the 29,620-point plateau although it's expected to recover on Thursday. The global forecast for the Asian markets is positive...

The China stock market has finished lower in two straight sessions, although it has fallen just 4 points or 0.01 percent in that span. The Shanghai Composite Index now rests just above the 3,470-point plateau although it's expected to halt its slide on Thursday. The global forecast for the Asian markets...

The Taiwan stock market on Wednesday ended the five-day winning streak in which it had advanced more than 490 points or 2.9 percent. The Taiwan Stock Exchange now sits just above the 17,200-point plateau although it's tipped to find renewed support on Thursday. The global forecast for the Asian markets...

The Singapore stock market has moved lower in back-to-back sessions, dropping more than 50 points or 1.7 percent along the way. The Straits Times Index now rests just above the 3,155-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is positive...

The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had gathered more than 10 points or 0.6 percent. The Kuala Composite Index now rests just above the 1,595-point plateau and it's tipped to rebound again on Thursday. The...

The South Korea stock market on Wednesday ended the seven-day winning streak in which it had jumped almost 70 points or 2.9. The KOSPI now sits just above the 3,170-point plateau although it figure to bounce higher again on Thursday. The global forecast for the Asian markets is positive after a couple...

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