Berita Valas
Taiwan Shares May Reverse Tuesday's Losses
The Taiwan stock market on Tuesday snapped the two-day winning streak in which it had gained almost 100 points or 0.4 percent. The Taiwan Stock Exchanged now rests above the 22,185-point plateau although it may inch back to the upside again on Wednesday.
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Singapore Stock Market May Be Stuck In Neutral On Wednesday
The Singapore stock market has moved higher in four straight sessions, collecting more than 35 points or 1 percent along the way. The Straits Times Index now sits just shy of the 34,000-point plateau and it's looking at a flat lead on Wednesday.
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Mild Upside Seen For Malaysia Stock Market
The Malaysia stock market has finished higher in two straight sessions, collecting more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,650-point plateau and it's likely to be rangebound again on Wednesday.
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KOSPI May Find Support On Wednesday
The South Korea stock market has moved lower in three straight sessions, slipping almost 20 points or 0.7 percent along the way. The KOSPI now rests just beneath the 2,690-point plateau although it may stop the bleeding on Wednesday.
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Australia Construction Data Due On Wednesday
Australia will on Wednesday release Q2 figures for construction work done, setting the pace for a light day in Asia-Pacific economic activity.
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TSX Ends Modestly Lower On Weak Bank Results, Lower Commodity Prices
The Canadian market ended weak on Tuesday after languishing in negative territory right through the day's session, with weak results from Bank of Montreal and lower commodity prices hurting sentiment.
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Dollar Loses Ground Against Major Counterparts
The U.S. dollar drifted lower in the U.S. session on Tuesday after moving along the flat line during Asian and European sessions, weighed down by rising prospects of interest rate cuts by the Federal Reserve this year, and on uncertainty about the outlook for economic growth.
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Berita lainnya
Swiss Market Ends Weak After Cautious Session
The Switzerland market closed weak on Tuesday as stocks drifted lower after a slightly positive move in early trades. The mood was cautious with investors looking for direction ahead of some key economic data, including inflation reports from the U.S. this week.
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European Stocks Close Broadly Higher
European stocks closed broadly higher on Tuesday with investors focusing on quarterly earnings updates and awaiting results from Nvidia, and some crucial economic data, including U.S. inflation readings, due later in the week.
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Swiss Franc Climbs In Cautious Trade
The Swiss franc was higher against its major counterparts in the New York session on Tuesday, as caution prevailed ahead of earnings results from Nvidia and U.S. personal consumption expenditure data due on Friday.
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Canadian Market Remains Weak Despite Recovering From Early Setback
After a weak start and a subsequent fall to lower levels, the Canadian market regained some lost ground Tuesday morning, but remained in negative territory around noon with losses in energy, materials and healthcare sectors contributing to the weakness.
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U.S. Consumer Confidence Unexpectedly Continues To Improve In August
The Conference Board released a report on Tuesday unexpectedly showing a modest improvement by U.S. consumer confidence in the month of August. The report said the Conference Board's consumer confidence index rose to 103.3 in August from an upwardly revised 101.9 in July.
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ScanSource Q4 Results Miss Estimates; Guides FY25 Sales In Line With View
Technology company ScanSource, Inc. (SCSC) reported Tuesday that net earnings for the fourth quarter decreased to $16.10 million or $0.64 per share from $17.10 million or $0.68 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.80 per share, compared to $0.76 per share in the year-ago quarter.
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