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Asian Market Commentary

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Indian shares fell on Thursday as continued rise in crude oil prices as well as the spread of coronavirus outside China prompted traders to book some profits after a sharp rally the day before. According to the National Health Commission, China had 394 new confirmed cases on Wednesday, sharply down...

marketopen-011519_20feb20.jpg Asian stocks ended mixed on Thursday as coronavirus cases rose in South Korea and Japan, offsetting hopes of further stimulus in China and the Fed's upbeat tone on the health of the U.S. economy. China's National Health Commission reported only 394 new confirmed cases related to the coronavirus outbreak...

Indian shares edged lower in early trade Thursday after a sharp rally the day before. The downside, however, remained capped by a fall in coronavirus cases and expectations of more Chinese stimulus. The benchmark S&P BSE Sensex slid 45 points to 41,278, while the broader NSE Nifty index was...

asiancommentary-jan22_19feb20.jpg Asian stock markets are mixed on Thursday despite easing fears about the coronavirus outbreak and optimism of further stimulus measures by China to support its economy. On Thursday, China cut the one-year loan prime rate or LPR by 10 basis points in order to lower financing costs for businesses. The Australian and Japanese markets are higher, while the South Korean market drifted lower.

Indian shares look set to open higher on Thursday, with a fall in coronavirus cases and expectations of more Chinese stimulus likely to underpin investor sentiment. China's central Hubei province reported 349 new confirmed cases on Wednesday, down from 1,693 a day earlier and the lowest since Jan....

The Thai stock market has moved lower in back-to-back sessions, sliding more than 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,505-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is upbeat in...

The Japanese stock market is notably higher on Thursday following the positive cues overnight from Wall Street, while the safe-haven yen weakened amid easing concerns about the coronavirus outbreak and on hopes of further stimulus measures by China to support its economy. The benchmark Nikkei 225...

The Indonesia stock market has finished higher in three straight sessions, gathering more than 60 points or 1 percent along the way. The Jakarta Composite Index now rests just beneath the 5,930-point plateau and it may extend its gains again on Thursday. The global forecast for the Asian markets is...

The Australian stock market is advancing on Thursday, extending gains from the previous session following the positive cues from Wall Street amid easing fears about the coronavirus outbreak and on hopes of further stimulus measures by China to support its economy. Investors also digested a slew of mixed...

The Hong Kong stock market rebounded on Wednesday, one session after it had snapped the two-day winning streak in which it had advanced almost 230 points or 0.8 percent. The Hang Seng Index now rests just above the 27,655-point plateau and it's looking at another green light again on Thursday. The...

The China stock market on Wednesday snapped the three-day winning streak in which it had collected almost 80 points or 2.6 percent. The Shanghai Composite Index now rests just above the 2,975-point plateau although it figures t bounce higher again on Thursday. The global forecast for the Asian markets...

The Taiwan stock market on Wednesday halted the two-day slide in which it had fallen more than 165 points or 1.4 percent. The Taiwan Stock Exchange now rests just beneath the 11,760-point plateau and it's expected to find additional support again on Thursday. The global forecast for the Asian markets...

The Singapore stock market on Wednesday ended the four-day losing streak in which it had fallen almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,215-point plateau and it may find additional support on Thursday. The global forecast for the Asian markets is upbeat...

The Malaysia stock market has finished lower in two straight sessions, falling more than 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,535-point plateau although it may find traction on Thursday. The global forecast for the Asian markets is upbeat...

The South Korea stock market on Wednesday snapped the two-day slide in which it had fallen almost 35 points or 1.5 percent. The KOSPI now rests just above the 2,210-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is upbeat in easing coronavirus concerns...

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