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Asian Market Commentary

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The Australian stock market is modestly higher on Thursday, extending gains to a third straight day, following the mostly positive cues overnight from Wall Street on news about a potential coronavirus vaccine and upbeat U.S. manufacturing data. The benchmark S&P/ASX 200 Index is advancing 19.50 points...

Ahead of Wednesday's holiday for Region Establishment Day, the Hong Kong stock market had snapped the three-day slide in which it had stumbled more than 600 points or 2.4 percent. The Hang Seng Index now sits just above the 24,425-point plateau and it may move higher on Thursday as it catches up on missed...

The China stock market has closed higher in two straight sessions, advancing more than 60 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,025-point plateau and it's expected to remain in that neighborhood again on Thursday. The global forecast for the Asian...

The Taiwan stock market has finished higher in consecutive trading days, advancing more than 160 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just above the 11,700-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is murky,...

The Singapore stock market has finished higher in two straight sessions, gathering more than 35 points or 1.4 percent along the way. The Straits Times Index now rests just above the 2,610-point plateau although it may spin its wheels on Thursday. The global forecast for the Asian markets is murky,...

The Malaysia stock market has climbed higher in three straight sessions, gathering more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,515-point plateau although investors may cash in on Thursday. The global forecast for the Asian markets...

The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had advanced nearly 35 points or 1.7 percent. The KOSPI now rests just above the 2,105-point plateau and it may tick higher again...

Indian shares posted strong gains on Wednesday, with financials leading the surge after a survey showed the pace of contraction in India's manufacturing sector slowed further in June. The headline IHS Markit manufacturing Purchasing Managers' Index, or PMI, increased to 47.2 in June from 30.8 in May....

stockmarkets jan15 01jul20 Asian stocks turned in a mixed performance on Wednesday as investors weighed rising U.S.-China political tensions against data showing that the manufacturing sector in China expanded at a faster rate in June. After Chinese President Xi Jinping signed a controversial security law that gave Beijing...

Indian shares opened higher on Wednesday, tracking gains in global equities on hopes that an economic recovery was underway. The benchmark S&P BSE Sensex rose by 177 points, or 0.51 percent, to 35,092 in early trade, while the broader NSE Nifty index was up 42 points, or 0.40 percent, at 10,343. HDFC,...

asiancommentary aug16 30jun20 Asian stock markets are mostly higher on Wednesday after Wall Street capped off one of its best quarterly performances in decades and as data showed that the manufacturing sector in China expanded at a faster rate in June. The latest survey from Caixin showed that the manufacturing sector in China expanded in June, with a manufacturing PMI score of 51.2.

Indian shares are likely to open lower on Wednesday after Fitch Ratings cut India's GDP growth forecast for 2021-22 fiscal to 8 percent from 9.5 percent estimated last month and data showed India's fiscal deficit touched 58.6 percent of the budgeted target for the current fiscal year in the first two...

The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 30 points or 2.2 percent. The Stock Exchange of Thailand now rests just beneath the 1,340-point plateau and it's looking at another firm lead for Wednesday's trade. The...

The Japanese stock market is little changed on Wednesday despite the positive cues overnight from Wall Street, amid lingering worries about the continued spike in new coronavirus cases in several U.S. states and across the world. Data showing that business sentiment among large Japanese manufacturers...

The Indonesia stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had stumbled almost 65 points or 1.2 percent. The Jakarta Composite Index now rests just above the 4,905-point plateau and it may pick up...

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