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Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Wednesday, giving up some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to be a tad above the 34,000 mark, with traders picking up stocks at a bargain after that recent sell-off.
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Sensex, Nifty Poised For Higher Open As Calm Returns To Wall Street
Indian shares look set to open a tad higher on Wednesday as a measure of calm returned to global markets and the government offered relief on long-term capital gains tax for immovable property, by giving taxpayers the option to choose between two tax rates.
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Thai Stock Market May Stop The Bleeding On Wednesday
The Thai stock market has tracked lower in three straight sessions, slumping almost 50 points or 3.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,275-point plateau although it's due for support on Wednesday.
The global forecast for the Asian markets is cautiously optimistic after recent volatility, with bargain hunting expected. The European markets were mixed and the U.S. bourses were higher and the Asian markets figure to split the difference.
The SET finished barely lower on Tuesday as losses from the financials, industrials and properties were mitigated by support from the food, resource and technology sectors.
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Indonesia Stock Market Tipped To Open In The Green
The Indonesia stock market on Tuesday snapped the two-day slide in which it had stumbled more than 265 points or 3.6 percent. The Jakarta Composite Index now sits just beneath the 7,130-point plateau and it's expected to extend its gains on Wednesday.
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Australian Market Marginally Lower
Australian shares are marginally lower on Wednesday, giving up some of the gains in the previous session, with the benchmark S&P/ASX 200 below the 7,700 level, despite the broadly positive cues from Wall Street overnight, with weakness across most sectors led by mining and technology stocks after the Reserve Bank of Australia held interest rates steady but warned the economy remained overheated.
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Hong Kong Stock Market May Find Traction On Wednesday.
The Hong Kong stock market has finished lower in four straight sessions, plunging nearly 700 points or 4.1 percent along the way. The Hang Seng Index now rests just beneath the 16,650-point plateau although it's expected to open to the upside on Wednesday.
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Higher Open Called For China Stock Market
The China stock market on Tuesday ended the three-day losing streak in which it had stumbled more than 75 points or 2.6 percent. The Shanghai Composite Index now sits just above the 2,865-point plateau and it's looking at another green light again on Wednesday.
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Berita lainnya
Taiwan Shares Predicted To Open To The Upside
The Taiwan stock market on Tuesday wrote a finish to the two-day slide in which it had crashed more than 1,810 points or 8.4 percent. The Taiwan Stock Exchange now sits just above the 20,500-point plateau and it's expected to add to its winnings on Wednesday.
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Singapore Bourse Overdue For Support On Wednesday
The Singapore stock market has moved lower in four straight sessions, retreating more than 255 points or 7.8 percent along the way. The Straits Times Index now rests just beneath the 3,200-point plateau although it may stop the bleeding on Wednesday.
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Additional Support Anticipated For Malaysia Shares
The Malaysia stock market on Tuesday ended the three-day losing streak in which it had stumbled almost 90 points or 5.5 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,575-point plateau and it's tipped to open in the green again on Wednesday.
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South Korea Has $12.26 Billion Current Account Surplus In June
South Korea posted a current account surplus of $12.26 billion in June, the Bank of Korea said on Wednesday - up from $8.92 billion in May.
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New Zealand Jobless Rate Rises To 4.6% In Q2
The unemployment rate in New Zealand came in at a seasonally adjusted 4.6 percent in the second quarter of 2024, Statistics New Zealand said on Wednesday.
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South Korea Shares Tipped To Open To The Upside On Wednesday
The South Korea stock market on Tuesday ended the brutal two-day slide in which it had tumbled more than 330 points or 11.9 percent. The KOSPI now sits just above the 2,520-point plateau and it's looking at a positive lead for Wednesday's trade.
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