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Asian Market Commentary

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Indian shares rebounded on Friday, with key benchmark indexes ending nearly 3 percent higher for the day. Positive cues from Asia and Europe lent support after China lowered the five-year loan prime rate, a benchmark reference rate for mortgages, by a record amount to support a slowing economy. The...

asian mixed2 20may22 Asian stocks advanced on Friday as China cut its benchmark reference rate for mortgages by an unexpectedly wide margin and data showed Japanese inflation accelerated past the central bank's target to a seven-year high in April. China's Shanghai Composite Index rallied 1.6 percent to 3,146.57 after...

Indian shares opened higher on Friday, mirroring gains in other Asian markets and U.S. stock futures as bond yields dipped and China cut its benchmark reference rate for mortgages for a second time this year to revive credit demand and prop up the economy. The benchmark S&P BSE Sensex rose 1,011 points,...

asianup march01 19may22 Asian stock markets a sea of green on Friday, despite the broadly negative cues from Wall Street overnight, as traders picked up stocks at a bargain after yesterday's sell-off and on expectations of improved supply-chain in the region amid signs of easing COVID-19 restrictions in China. However, concerns remain about persistent inflation, economic growth and the ongoing war in Ukraine.

Indian shares are seen opening a tad higher on Friday, tracking gains elsewhere across Asia as bond yields dipped on fresh signs of slowing growth. The upside, if any, may be capped by expectations that the RBI will hike rates by at least 50 basis points at the June policy meeting and reduce liquidity...

The Japanese stock market is significantly higher on Friday, recouping some of the sharp losses in the previous session, with the benchmark Nikkei 225 moving just below the 26,700 level, despite the broadly negative cues from Wall Street overnight, as traders indulged in bargain hunting after Thursday's sell-off, even as rising worries about high inflation and tightening monetary policies remain.

The Thai stock market on Thursday wrote a finish to the two-day winning streak in which it had jumped more than 35 points or 2.3 percent. The Stock Exchange of Thailand now sits just above the 1,605-point plateau and it's expected to open under pressure again on Friday. The global forecast for the...

The Indonesia stock market has finished higher in three straight sessions, jumping almost 230 points or 3.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,825-point plateau although investors may cash in on Friday. The global forecast for the Asian markets is negative,...

The Australian stock market is significantly higher on Friday, recouping some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,100 level, following the broadly negative cues from Wall Street overnight, with strength in mining and technology stocks, even as rising worries about high inflation and tightening monetary policies remain.

The Hong Kong stock market on Thursday ended the four-day winning streak in which it had surged more than 1,260 points or 6.5 percent. The Hang Seng now rests just above the 20,120-point plateau and it may see continued consolidation on Friday. The global forecast for the Asian markets is negative,...

The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day winning streak in which it had advanced almost 60 points or 2 percent. The Shanghai Composite Index now rests just beneath the 3,100-point plateau and it figures...

The Taiwan stock market on Thursday wrote a finish to the four-day winning streak in which it had spiked almost 700 points or 4.4 percent. The Taiwan Stock Exchange now sits just above the 16,020-point plateau and it's expected to open lower again on Friday. The global forecast for the Asian markets...

The Singapore stock market on Thursday ended the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,190-point plateau and it's likely to open in the red again on Friday. The global forecast for the Asian markets...

The Malaysia stock market on Thursday snapped the three-day winning streak in which it had gained more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,550-point plateau and it may take further damage on Friday. The global forecast for the Asian markets is...

The South Korea stock market on Thursday ended the two-day winning streak in which it had advanced more than 30 points or 1.2 percent. The KOSPI now rests just above the 2,590-point plateau and it may extend its losses on Friday. The global forecast for the Asian markets is negative, with selling...

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