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Asian Market Commentary

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Indian shares rose sharply on Wednesday, with financials and healthcare firms pacing the gainers, after RBI Governor Shaktikanta Das allowed the restructuring of retail and MSME loans, as part of a calibrated strategy to tackle the second COVID-19 wave in the country. The RBI Governor also unveiled...

asianmarket 021219 05may21 Asian stocks ended mixed in thin trading on Wednesday after U.S. Treasury Secretary Janet Yellen noted that interest rates will have to rise somewhat to make sure that the economy doesn't overheat. Yellen later clarified the comments and said she was neither predicting nor recommending a rate increase. Japanese...

Indian shares opened on a positive note Wednesday despite weak global cues. The benchmark S&P BSE Sensex edged up 200 points, or 0.4 percent, to 48,452 in early trade, while the broader NSE Nifty index was up 70 points, or half a percent, at 14,566. Reserve Bank of India Governor Shaktikanta Das...

asiancommentary dec03 04may21 Asian stock markets are mixed on Wednesday in thin holiday trading, following the mixed cues overnight from Wall Street, as traders are refraining from making major moves amid the continued surge in coronavirus cases in most of the markets in the region, particularly in India and Japan. Major markets in China, Japan and South Korea are also closed for holidays.

Indian shares are set to open lower on Wednesday as investors react to a slew of negative news flow. India's total tally of Covid-19 cases crossed the 2-crore mark with over 3.5 lakh infections reported in a day on Tuesday. Global brokerage firm Barclays has cut down its forecast for India's...

Ahead of the long holiday weekend for Labor Day and Coronation Day, the Thai stock market had snapped the two-day winning streak in which it had gathered more than 30 points or 2 percent. The Stock Exchange of Thailand now rests just beneath the 1,585-point plateau and the losses may accelerate on Wednesday. The...

The Indonesia stock market on Tuesday halted the two-day slide in which it had fallen more than 60 points or 1 percent. The Jakarta Composite Index now sits just above the 5,960-point plateau although it's expected to see renewed selling pressure on Wednesday. The global forecast for the Asian markets...

The Australian stock market is higher on Wednesday at fresh 14-month highs, extending the gains of the previous two sessions, with the benchmark S&P/ASX 200 above the 7,100 mark, on rising commodity prices and strong financial earnings as well as the dovish comments from RBA's interest rate decision yesterday. The cues overnight from Wall Street were mixed.

The Hong Kong stock market on Tuesday ended the two-day losing streak in which it had plummeted nearly 950 points or 2.6 percent. The Hang Seng Index now sits just above the 28,550-point plateau although it figures to head south again on Wednesday. The global forecast for the Asian markets is soft,...

The Taiwan stock market stock has finished lower in four straight sessions, tumbling more than 660 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 16,930-point plateau and it's looking at another soft start again on Wednesday. The global forecast for the Asian...

The Singapore stock market has finished lower in three straight sessions, slipping more than 40 points or 1.4 percent along the way. The Straits Times Index now rests just beneath the 3,180-point plateau and it's tipped to open under pressure again on Wednesday. The global forecast for the Asian markets...

The Malaysia stock market has moved lower in three straight sessions, sinking more than 20 points or 1.2 percent along the way. The Kuala Composite Index now rests just beneath the 1,590-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets is soft, with...

Indian shares fell sharply on Tuesday as COVID worries persisted and investors awaited Q4 earnings results from more companies for directional cues. Amid calls for a nationwide lockdown, the Indian Premier League 2021 season has been called off for now with immediate effect. The benchmark 30-share...

asianmarkets2 dec19 04may21 Asian stocks rose broadly on Tuesday despite lingering concerns about the spike in coronavirus cases in the region. China was closed for Labor Day, while the Japanese markets were closed for Greenery Day. Hong Kong's Hang Seng Index climbed 199.60 points, or 0.7 percent, to 28,557.14. Ending a...

Indian shares opened on a positive note Tuesday as the country reported a decline in new coronavirus cases for the third day running. The benchmark S&P BSE Sensex rose by 100 points, or 0.2 percent, to 48,818 in early trade, while the broader NSE Nifty index was up 45 points, or 0.3 percent, at 14,678. Axis...

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