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Asian Markets Trade Mostly Lower
Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as continuing uncertainty about the fragile ceasefire in the Middle East conflict and the related surge in crude oil prices is weighing on market sentiment. The US launched fresh strikes on Iran, with US President Donald Trump accusing Tehran of downing a helicopter in the Strait of Hormuz.
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93 days ago
Indian Shares Seen Lower As Tensions Flare In The Middle East
Indian shares may drift lower on Wednesday as a recovery in global chipmaking stocks fizzled out, hopes for a U.S.-Iran peace deal faded and investors shifted focus to upcoming U.S. CPI data for valuable insights into market expectations for future interest rates.
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93 days ago
Thai Shares May Open Under Water On Wednesday
The Thai stock market on Tuesday wrote a finish to the two-day slide in which it had given up more than 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it's likely to open under pressure again on Wednesday.
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93 days ago
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Wednesday, reversing some of the sharp gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 65,000 mark, with weakness in index heavyweights, automakers and exporter stocks partially offset by gains in financial and technology stocks.
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93 days ago
Lower Open Called For Indonesia Stock Market
The Indonesia stock market on Tuesday ended the brutal four-day losing streak in which it had plummeted more than 850 points or 15 percent. The Jakarta Composite Index now sits just beneath the 5,750-point plateau although it may open under pressure again on Wednesday.
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93 days ago
Hong Kong Shares May Take Further Damage On Wednesday
The Hong Kong stock market has moved lower in five straight sessions, slumping almost 1,400 points or 5.9 percent along the way. The Hang Seng Index now sits just above the 24,560-point plateau and it's likely to see continued consolidation on Wednesday.
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93 days ago
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday after opening in the red, snapping a three-session losing streak, with the benchmark S&P/ASX 200 falling well below the 8,750 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors.
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93 days ago
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China Shares May See Renewed Consolidation
The China stock market on Tuesday snapped the three-day slide in which it had slumped more than 125 points or 3 percent. The Shanghai Composite Index now sit just above the 4,010-point plateau although it may hand back those gains on Wednesday.
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93 days ago
Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market on Tuesday ended the three-day losing streak in which it had plunged almost 3,000 points or 6.7 percent. The Taiwan Stock Exchange now sits just above the 44,700-point plateau although it's looking at a soft start on Wednesday.
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93 days ago
Japan Producer Prices Jump 0.9% In May
Producer prices in Japan were up 0.9 percent on month in May, the Bank of Japan said on Wednesday.
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93 days ago
Singapore Shares Poised To Open Under Water On Wednesday
The Singapore stock market on Tuesday ended the three-day losing streak in which it had tanked almost 180 points or 3.5 percent. The Straits Times Index now sits just above the 5,020-point plateau although it's likely to head south again on Wednesday.
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93 days ago
Malaysia Bourse May Extend Losing Streak
The Malaysia stock market has finished lower in back-to-back sessions, sinking almost 20 points or 1.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,675-point plateau and it may take further damage on Wednesday.
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93 days ago
Japan Stock Market Tipped To Open In The Red
The Japanese stock market on Tuesday halted the three-day losing streak in which it had plunged more than 4,300 points or 6.5 percent. The Nikkei 225 sits just above the 66,410-point plateau although it may turn lower again on Wednesday.
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93 days ago
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