Indian Shares Set To Follow Global Peers Higher

RTTNews | 262 days ago

(RTTNews) - Indian shares may open a tad higher on Friday, tracking firm cues from global markets. However, with several global markets shut for holidays, trading volumes are likely to remain thin.

Benchmark indexes Sensex and Nifty ended down around 0.1 percent each on Wednesday as investors booked profits in select heavyweight stocks such as Reliance Industries and ICICI Bank.

Asian stocks edged up in thin holiday trade this morning after the S&P 500 ended higher for a fifth day in a shortened session on Wednesday ahead of the Christmas and Boxing holidays.

Precious metals like gold and silver hovered near record levels, driven by U.S. dollar weakness, escalating geopolitical tensions and expectations for two Federal Reserve rate cuts by the end of 2026.

Oil edged up slightly as investors weighed Venezuela supply risks. The White House has reportedly ordered the U.S. military to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months.

Elsewhere, Ukraine has widened the scope of its attacks on Russian energy assets, targeting not only crude refineries but also pipelines and other facilities.

On Wall Street, stocks extended their winning streak to a fifth straight session on Wednesday as trading closed early on Christmas Eve.

Underlying sentiment was underpinned after data showed U.S. GDP rose at an annualized rate of 4.3 percent over the third quarter, far higher than the consensus estimate of 3.2 percent.

Unemployment claims fell for the second week in a row even as consumer confidence continued to falter.

The Dow rose 0.6 percent and the S&P 500 added 0.3 percent to reach new record closing highs while the tech-heavy Nasdaq Composite edged up by 0.2 percent.

European stocks ended Wednesday's shortened trading session on a flat note. The pan European Stoxx 600 rose 0.3 percent to notch a new record closing high.

The German DAX remained closed while France's CAC 40 finished marginally lower and the U.K.'s FTSE 100 slid 0.2 percent.

Australian Market Trims Early Slight Losses In Mid-market

The Australian stock market is trimming its early slight losses in mid-market trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,750.00 level, with gains in energy, financial and technology stocks.

RTTNews | 1h 57min ago

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, amid surging crude oil prices after the critical East-West pipeline was shut by Saudi Arabia following drone attacks and talks between Iran and the GCC about a possible reopening of the Strait of Hormuz were postponed. The pipeline provided an alternative route around the Strait of Hormuz.

RTTNews | 2h 8min ago

Thai Stock Market: Support Expected At 1,600 Points

The Thai stock market has moved lower in three straight sessions, sinking more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau although it may halt its slide on Monday.

RTTNews | 3h 24min ago

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is falling below the 63,050 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.

RTTNews | 3h 48min ago

Indonesia Stock Market Poised To Open To The Upside On Monday

The Indonesia stock market has finished lower in three straight sessions, surrendering almost 150 points or 2.4 percent in that span. The Jakarta Composite Index now rests just above the 6,540-point plateau although it's expected to open higher on Monday.

RTTNews | 3h 54min ago

Hong Kong Stock Market May Stop The Bleeding On Monday

The Hong Kong stock market has moved lower in four straight sessions, sliding more than 800 points or 3.2 percent along the way. The Hang Seg Index now sits just above the 24,800-point plateau although it's expected to open in the green on Monday.

RTTNews | 4h 9min ago

Australian Markets Slightly Higher

The Australian stock market is slightly higher in choppy trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,750.00 level, with gains in energy, financial and technology stocks.

RTTNews | 4h 17min ago

China Stock Market May Reclaim 3,900-Point Level

The China stock market has finished lower in back-to-back sessions, contracting more than 60 points or 1.5 percent in that span. The Shanghai Composite Index now sits just beneath the 3,890-point plateau although it's likely to open to the upside on Monday.

RTTNews | 4h 24min ago

EURUSD	1.15677	GBPUSD	1.35041
USDJPY	153.982	USDCAD	1.38727