Indian shares reversed early gains to end modestly lower on Friday as Hormuz concerns persisted and the Trump-Xi summit yielded little progress on the war in Iran. Brent crude prices jumped more than 3 percent to $109.19 a barrel as attacks on one ship and the seizure of another around the Strait...
Asian stocks declined on Friday after U.S. Treasury yields hit one-year highs, prompting traders to increase their bets on a Federal Reserve rate hike this year. Rising oil prices dented sentiment as attacks on one ship and the seizure of another around the Strait of Hormuz stoked concerns about energy...
Indian shares opened on a positive note Friday despite mixed cues from global markets and escalating tensions around the Strait of Hormuz. The benchmark BSE Sensex was up 321 points, or 0.4 percent, at 75,720 in early trade, while the broader NSE Nifty index edged up by 107 points, or half a percent,...
The Australian stock market is slipping to slight losses in mid-market moves on Friday after opening in the green, reversing the slight gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,650 level, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid concerns over the re-escalation of the Middle East conflict after ship attacks and seizures near the Strait of Hormuz. Traders are now anticipating China's active role to resolve the crisis and hasten up the reopening of the Strait of Hormuz in the backdrop of a U.S.-China summit.
Indian shares are seen opening lower on Friday following mixed cues from global markets. Geopolitical tensions returned to the fore as efforts to resolve the Iran war face a stalemate. Oil prices climbed on supply concerns after a ship anchored off the United Arab Emirates was seized and taken toward...
The Thai Stock market has finished higher in consecutive trading days, rallying more than 55 points or 3.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,540-point plateau and it's expected to open to the upside again on Friday. The global forecast for the Asian...
The Japanese market is trading modestly lower on Friday after opening in the green, extending the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 62,550 level, with weakness in technology stocks partially offset by gains in automaker and financial stocks.
The Hong Kong stock market has finished higher in back-to-back sessions, collecting more than 40 points or 0.2 percent in that span. The Hang Seng Index now rests just beneath the 26,390 point plateau and it's expected to open in the green again on Friday. The global forecast for the Asian markets...
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day winning streak in which it had advanced more than 100 points or 2.5 percent. The Shanghai Composite Index now sits just above the 4,175-point plateau although...
The Australian stock market is trading modestly higher on Friday, extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,650 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
The Taiwan stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gained almost 300 points or 0.7 percent. The Taiwan Stock Exchange now sits just above the 41,750-point plateau and it may add to its winnings on Friday. The global forecast for...
The Singapore stock market on Thursday snapped the three-day winning streak in which it had added more than 80 points or 1.7 percent. The Straits Times Index now rests just beneath the 5,000-point plateau although it's expected to move back to the upside again on Friday. The global forecast for the...
The Malaysia stock market has moved lower in consecutive trading days, slipping almost 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,745-point plateau although it may find traction on Friday. The global forecast for the Asian markets is positive,...
The Japanese stock market on Thursday ended the two-day winning streak in which it had jumped more than 850 points or 1.3 percent to a record closing high. The Nikkei sits just above the 62,550-point plateau although it may rebound again on Friday. The global forecast for the Asian markets is positive,...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.