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Australian Markets Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by gold miners and technology stocks.
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74 days ago
China Bourse May Test Support At 4,000 Points
The China stock market on Friday wrote a finish to the two-day winning streak in which it had collected almost 15 points or 0.4 percent. The Shanghai Composite Index now sit just above the 4,025-point plateau and it may spin its wheels again on Monday.
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74 days ago
Higher Open Called For Taiwan Stock Market
The Taiwan stock market moved lower again on Friday, one day after ending the two-day slide in which it had given up almost 1,700 points or 3.4 percent. The Taiwan Stock Exchange now sits just above the 44,570-point plateau although it may see at least a technical rebound on Monday.
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74 days ago
Little Movement Seen For Singapore Stock Market
The Singapore stock market on Friday snapped the four-day winning streak in which it had risen more than 25 points or 0.5 percent. The Straits Times Index now sits just above the 5,190-point plateau and it's likely to remain in that neighborhood again on Monday.
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74 days ago
Malaysia Bourse May Hand Back Friday's Gains
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had given up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,665-point plateau although it may be stuck in neutral on Monday.
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74 days ago
Oversold Japan Shares May Tick Higher On Monday
The Japan stock market turned emphatically lower again on Friday, one session after snapping the two-day slide in which it had tumbled almost 3,200 points or 4.2 percent. The Nikkei 225 now sits just above the 69,360-point plateau although it may see a mild rebound on Monday.
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74 days ago
Tech Bargain Hunting May Boost KOSPI
The South Korea stock market on Friday ended the two-day winning streak in which it had surged more than 725 points or 8 percent. The KOSI now rests just above the 8,410-point plateau although it may find support on Monday.
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74 days ago
more news
Japan Retail Sales Data Due On Monday
Japan will on Monday release May numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to rise 3.1 percent on year, up from 2.1 percent in April.
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74 days ago
U.S. Dollar Drops Against Most Majors
The U.S. dollar fell against its most major counterparts in the New York session on Friday.
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75 days ago
U.S. Dollar Slides As Plummeting Crude Oil Prices Ease Inflation Pressures
The U.S. Dollar value inched lower extending yesterday's losses as U.S. Federal Reserve interest-rate-hike concerns eased after Thursday's U.S. economic data release. In addition, today's plunge in crude oil prices diminished oil-linked inflationary concerns.
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76 days ago
Canadian Stocks Mixed In Cautious Trade
Canadian stocks are turning in a mixed performance on Friday. Shares from materials, technology and real estate sectors are faring well, while those from consumer staples, communications and energy sectors are mostly subdued.
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76 days ago
Swiss Market Ends Weak
The Switzerland market ended on a weak note on Friday after languishing in negative territory throughout the day's trading session. Profit taking, concerns about valuations in the tech sector and uncertainty about Iran peace deal weighed on the market.
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76 days ago
European Stocks Close Weak As Iran Peace Deal Uncertainty, AI Related Concerns Weigh
European stocks closed broadly lower on Friday amid fresh concerns about valuations in the tech sector on reports OpenAI could delay its public market debut. Uncertainty about U.S.-Iran peace deal following a fresh attack on a cargo vessel in the Strait of Hormuz hurt as well.
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76 days ago
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