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Asian Market Commentary

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asian down 29oct20 Asian stocks fell on Thursday, tracking overnight declines in the U.S. and Europe, as rising coronavirus infections and new restrictions being introduced in European countries added to worries about the economic outlook. Lingering uncertainty about U.S. fiscal stimulus and the U.S. election also kept...

Indian shares fell in early trade Thursday amid weak global equities on worries about a surge in coronavirus cases and dwindling hopes for a U.S. stimulus package. The benchmark S&P BSE Sensex dropped 270 points, or 0.67 percent, to 39,652, while the broader NSE Nifty index was down 74 points, or...

asiancommentary dec24 28oct20 Asian stock markets are in negative territory on Thursday as the continued surge in coronavirus cases in the U.S. and Europe, new lockdown measures in Germany and France, and lingering uncertainty about U.S. fiscal stimulus added to worries about the global economic recovery. The Australian market is notably lower, while the Japanese market is extending losses from the previous session.

Indian shares are seen opening lower on Thursday, with a deep global sell-off and the scheduled expiry of October series derivative contracts likely to keep underlying sentiment cautious. Energy companies could be in focus after oil prices fell more than 5 percent overnight on concerns over rising...

The Japanese stock market is extending losses from the previous session following the overnight sell-off on Wall Street amid continued concerns about a recent spike in coronavirus cases in the U.S. and Europe and on lingering uncertainty about new U.S. stimulus. Investors also turned cautious ahead...

The Australian stock market is notably lower on Thursday following the overnight sell-off on Wall Street amid continued concerns about a recent spike in coronavirus cases and lingering uncertainty about a new stimulus bill. Weak earnings results from ANZ Banking and the overnight fall in commodity prices...

The Hong Kong stock market has moved lower in consecutive trading days, sinking almost 210 points or 0.8 percent along the way. The Hang Seng Index now rests just beneath the 24,710-point plateau and it's tipped to open in the red again on Thursday. The global forecast for the Asian markets suggests...

The China stock market has finished higher in back-to-back trading days, collecting almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now sits just beneath the 3,270-point plateau although it's expected to run out of steam on Thursday. The global forecast for the Asian markets...

The Taiwan stock market has moved lower in two straight sessions, sliding more than 110 points or 0.9 percent along the way. The Taiwan Stock Exchange now rests just beneath the 12,800-point plateau and it's predicted to take further damage on Thursday. The global forecast for the Asian markets suggests...

The Singapore stock market has finished lower in three straight sessions, sliding almost 55 points or 2.2 percent along the way. The Straits Times Index now sits just above the 2,480-point plateau and it's in line for continued selling pressure again on Thursday. The global forecast for the Asian...

The South Korea stock market on Wednesday ended the two-day slide in which it had stumbled nearly 30 points or 1.3 percent. The KOSPI now rests just above the 2,345-point plateau although it figures to head south again on Thursday. The global forecast for the Asian markets suggests major consolidation...

Indian shares ended deep in the red on Wednesday as a wave of risk aversion swept global markets amid stalled stimulus talks in the U.S., surging global Covid-19 cases and uncertainty surrounding the U.S. presidential election outcome. Profit taking after recent string of gains on the back of earnings...

stockmarkets aug20 28oct20 Asian stocks recovered from an early decline to end mostly higher on Wednesday after U.S. President Donald Trump acknowledged the much-needed Covid-19 stimulus would likely come after the November 3rd election. Lingering worries about the recent spike in coronavirus cases in the U.S. and Europe kept...

Indian shares were slightly higher on Wednesday as upbeat earnings results from Tata Motors and Bharti Airtel helped investors shrug off weak global cues. The benchmark S&P BSE Sensex edged up 60 points, or 0.15 percent, to 40,581 in early trade, while the broader NSE Nifty index was up 22 points,...

asiancommentary dec19 27oct20 Asian stock markets are mostly lower on Wednesday with investors turning cautious amid worries about the recent spike in coronavirus cases in the U.S. and Europe on global economic growth and on receding hopes for new U.S. stimulus before the presidential elections. The Australian market is little changed, while the Japanese market is declining.

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