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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as traders reacted to monetary policy announcements from the Bank of Japan, People's Bank of China and the Reserve Bank of Australia. They are also cautiously looking ahead to the US Fed's monetary policy decision later in the day. Asian markets closed mixed on Tuesday.
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Sensex, Nifty Seen Tad Higher At Open
Indian shares may open flat to slightly higher on Wednesday after falling sharply in the previous session.
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Thai Shares Tipped To Halt Losing Streak
The Thai stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,380-point plateau although it's due for support on Wednesday.
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Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,700 level, following the broadly positive cues from global markets overnight, with gains in iron ore miners, financial and energy stocks partially offset by losses in gold miners and technology stocks.
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Indonesia Bourse May Add To Its Winnings On Wednesday
The Indonesia stock market on Tuesday ended the two-day slide in which it had slipped more than 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 7,335-point plateau and it's expected to open in the green again on Wednesday.
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Higher Open Predicted For Hong Kong Stock Market
The Hong Kong stock market turned lower again on Tuesday, one day after snapping the three-day losing streak in which it had stumbled more than 370 points or 2.2 percent. The Hang Seng Index now sits just beneath the 16,530-point plateau although it's expected to erase those losses on Wednesday.
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China Shares Expected To Open In The Green
The China stock market on Tuesday snapped the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 3,060-point plateau and it's likely to see additional support on Wednesday.
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Berita lainnya
Taiwan Stock Market Called To The Upside On Wednesday
The Taiwan stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 210 points or 1.1 percent. The Taiwan Stock Exchange now sits just beneath the 19,860-point plateau although it's expected to open in the green on Wednesday.
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Additional Support Predicted For Singapore Shares
The Singapore stock market on Tuesday ended the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,175-point plateau and it may extend its gains on Wednesday.
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Malaysia Shares May Erase Tuesday's Losses
The Malaysia stock market on Tuesday ended the three-day winning streak in which it had collected more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,545-point plateau although it's likely to bounce higher again on Wednesday.
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Renewed Support Anticipated For South Korea Shares
The South Korea stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 60 points or 2.2 percent. The KOSPI now rests just above the 2,655-point plateau although it's expected to rebound on Wednesday.
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New Zealand Has NZ$6.9 Billion Current Account Deficit In Q4
New Zealand posted a seasonally adjusted current account deficit of NZ$6.9 billion in the fourth quarter of 2023, Statistics New Zealand said on Wednesday.
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Indonesia Rate Decision On Tap For Wednesday
The central bank in Indonesia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.
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