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asianup may29 24feb21 Asian stock markets are notably higher on Thursday on a broadly positive lead from Wall Street overnight as well as easing bond yields and surging crude oil prices. Investors are refocusing on a vaccine and stimulus-driven global economic recovery with optimism about the reopening of the economy.

Indian shares are likely to open higher on Thursday, tracking firm global markets after Fed Chair Jerome Powell said the U.S. central bank will maintain its ultra-easy monetary policy stance for the foreseeable future. Closer home, the government on Wednesday approved a Rs 7,350 crore production-linked...

The Japanese stock market is significantly higher on Thursday, with the benchmark Nikkei 225 surging more than 500 points driven by a strong rally in the energy sector. Investors are refocusing on a vaccine and stimulus-driven global economic recovery with optimism about the reopening of the economy. The Japanese government is considering lifting a state of emergency in five prefectures.

The Thai stock market headed south again on Wednesday, one day after halting the four-day losing streak in which it had stumbled more than 45 points or 3 percent. The Stock Exchange of Thailand now sits just above the 1,490-point plateau although it's likely to bounce higher again on Thursday. The...

The Indonesia stock market on Wednesday wrote a finish to the three-day winning streak in which it had advanced more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just above the 6,250-point plateau although it's expected to rebound again on Thursday. The global forecast for...

The Australian stock market is higher on Thursday, recouping some of the recent losses. The benchmark S&P/ASX 200 index rose above the 6,800 level as the boarder market was boosted by a rally in the materials and energy sectors. Value-oriented stocks are once again dominating as investors are refocusing on a vaccine and stimulus-driven global economic recovery.

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the seven-day winning streak in which it had surged more than 1,950 points or 7 percent. The Hang Seng Index now rests just beneath the 29,720-point plateau although it's...

The China stock market has finished lower in three straight sessions, tumbling almost 130 points or 3.8 percent in that span. The Shanghai Composite Index now sits just above the 3,560-point plateau although it may finally halt its slide on Thursday. The global forecast for the Asian markets is upbeat...

The Taiwan stock market on Wednesday wrote a finish to the two-day winning streak in which it had collected more than 100 points or 0.6 percent. The Taiwan Stock Exchange now sits just above the 16,210-point plateau although it's expected to bounce higher again on Thursday. The global forecast for...

The Singapore stock market has climbed higher in three straight sessions, gathering almost 45 points or 1.6 percent along the way. The Straits Times Index now sits just above the 2,920-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is upbeat on...

The Malaysia stock market has moved lower in three straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,555-point plateau although it's expected to find traction on Thursday. The global forecast for the Asian markets...

The South Korea stock market has finished lower in three straight sessions, tumbling almost 115 points or 3.8 percent along the way. The KOSPI now rests just beneath the 3,000-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is upbeat on easing...

Indian shares rose sharply Wednesday in an unprecedented extended session, with analysts attributing the up move to short-covering ahead of F&O expiry. Improving prospects of an economic recovery, Fed Chairman Powell's dovish statement in his latest testimony and the government announcement of lifting...

Indian shares opened on a positive note Wednesday despite mixed global cues. Recent worries about higher interest rates and inflation eased somewhat after Fed Chair Jerome Powell reiterated interest rates will remain at near-zero levels and the Fed will continue its asset purchases at the current...

asian mixed 23feb21 Asian stock markets are mixed on Wednesday following the lackluster cues overnight from Wall Street. There are also continuing concerns over an uptick in bond yields and worries over higher inflation affecting valuations. Asian stocks ended mixed on Tuesday.

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