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Asian Market Commentary

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Indian stocks retreated after a highly volatile session on Tuesday, with traders booking profits after a steep rise in the previous session.

asiancommentary-dec19_21may19.jpg Asian stock markets closed mixed on Tuesday, with some markets recovering from early losses after the U.S. Commerce Department temporarily eased some restrictions imposed on Chinese telecom giant Huawei Technologies in order to minimize disruption for its customers.

Amid alternate bouts of buying and selling in key stocks from across various sectors, the Indian market is modestly higher Tuesday morning.

asian-mixed2_20may19.jpg Asian stock markets are mixed on Tuesday following news that the U.S. Commerce Department has temporarily eased some restrictions imposed on Chinese telecom giant Huawei Technologies in order to maintain the company's existing networks around the world. The rollback will be in effect for 90 days starting on Monday. The Chinese market is rising.

A day after recording a splendid rally and hitting record highs thanks to exit polls predicting a majority for the BJP-led NDA in the general election, Indian shares may see a cautious start Tuesday morning, tracking overnight weak close in the U.S. and European markets amid lingering trade concerns.

Ahead of Monday's holiday for Vesak Day, the Thai stock market had finished lower in five straight sessions - sliding more than 35 points or 2.4 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,610-point plateau and it may take further damage again on Tuesday. The...

The Japanese market is losing on Tuesday following the weak cues overnight from Wall Street amid worries about escalating U.S.-China trade tensions. More U.S. companies have joined Google in cutting ties with Huawei, complying with an order by U.S. President Donald Trump blocking the sale or transfer...

The Indonesia stock market on Monday snapped the five-day losing streak in which it had lost almost 300 points or 5 percent. The Jakarta Composite Index now rests just above the 5,900-point plateau although it's expected to see renewed selling pressure on Tuesday. The global forecast for the Asian...

The Australian stock market gave up early gains and is declining on Tuesday following the negative cues overnight from Wall Street amid fears of an intensifying U.S>-China trade war after the U.S. crackdown on Chinese telecom giant Huawei. Tech stocks are among the leading decliners. Investors are...

The Hong Kong stock market has ended lower in two straight sessions, dropping almost 500 points or 1.8 percent along the way. The Hang Seng Index now rests just above the 27,785-point plateau and it's looking at another soft start again on Tuesday. The global forecast for the Asian markets remains...

The China stock market has tracked lower in back-to-back sessions, retreating more than 85 points or 3 percent along the way. The Shanghai Composite Index now rests just above the 2,870-point plateau and it's looking at continued consolidation again on Tuesday. The global forecast for the Asian markets...

The Taiwan stock market on Monday snapped the two-day slide in which it had fallen more than 175 points or 1.6 percent. The Taiwan Stock Exchange now rests just beneath the 10,400-point plateau although it's predicted to head south again on Tuesday. The global forecast for the Asian markets remains...

Ahead of Monday's holiday for Vesak Day, the Singapore stock market had turned lower again, one day after ending the four-day losing streak in which it had fallen more than 65 points or 2 percent. The Straits Times Index now rests just above the 3,205-point plateau and it may take further damage on Tuesday. The...

Ahead of Monday's holiday for Vesak Day, the Malaysia stock market had finished higher in two of three trading days since the end of the five-day slide in which it had skidded more than 40 points or 2.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,605-point plateau and it's tipped...

The South Korea stock market gave up less than a point on Monday, but that was enough to extend its losing streak to three sessions - sliding almost 40 points or 1.9 percent in that span. The KOSPI remains just above the 2,055-point plateau and it's predicted to open under pressure again on Tuesday. The...

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