Berita Valas

The Hong Kong stock market has moved lower in four straight sessions, slumping almost 1,300 points or 5.5 percent along the way. The Hang Seng Index now sits just above the 24,650-point plateau although it's overdue for support on Tuesday. The global forecast for the Asian markets is cautiously optimistic on bargain hunting, with support expected especially among the technology and oil sectors. The European markets were soft and the U.S. bourse were mostly higher and the Asian markets figure to follow the latter lead. The Hang Seng finished sharply lower on Monday following losses from the property stocks and technology companies, while the financials offered support. For the day, the index retreated 304.89 points or 1.22 percent to finish at 24,657.06 after trading between 24,458.54 and 24,837.98. Among the actives, AIA declined 1.82 percent, while Alibaba Group tanked 2.94 percent, Baidu cratered 7.64 percent, Bank of China climbed 0.94 percent, BOC Hong Kong added 0.89 percent, China Construction Bank collected 0.46 percent, China Life Insurance stumbled 1.86 percent, China Merchants Bank eased 0.04 percent, China Petroleum & Chemical sank 0.75 percent, China Shenhua Energy advanced 0.91 percent, CITIC gained 0.81 percent, CNOOC rallied 1.96 percent, Hong Kong Exchange tumbled 2.42 percent, HSBC rose 0.35 percent, Industrial and Commercial Bank of China jumped 1.46 percent, JD.com retreated 1.99 percent, Lenovo Group dropped 1.29 percent, Meituan crashed 4.63 percent, NetEase shed 0.37 percent, Nongfu Spring perked 0.05 percent, PetroChina vaulted 1.33 percent, Ping An Insurance fell 0.09 percent, Semiconductor Manufacturing plunged 4.10 percent, Sun Hung Kai Properties contracted 1.74 percent, Tencent Holdings skidded 1.50 percent, Xiaomi Corporation slumped 1.51 percent, WuXi AppTec surrendered 2.57 percent, Zijin Mining plummeted 4.25 percent and China Mobile was unchanged.

The China stock market has finished lower in three straight sessions, shedding more than 125 points or 3 percent in that span. The Shanghai Composite Index now sit just beneath the 3,960-point plateau although it's looking at a steady start on Tuesday. The global forecast for the Asian markets is cautiously optimistic on bargain hunting, with support expected especially among the technology and oil sectors. The European markets were soft and the U.S. bourse were mostly higher and the Asian markets figure to follow the latter lead. The SCI finished sharply lower on Monday following losses from the property and resource sectors, while the financials offered support. For the day, the index slumped 68.40 points or 1.70 percent to finish at 3,959.34 after trading between 3,927.85 and 4,007.49. The Shenzhen Composite Index plunged 86.71 points or 3.14 percent to end at 2,677.21. Among the actives, Industrial and Commercial Bank of China vaulted 2.18 percent, while Bank of China jumped 1.49 percent, Agricultural Bank of China spiked 3.30 percent, China Merchants Bank dipped 0.21 percent, Bank of Communications rose 0.44 percent, China Life Insurance collected 0.55 percent, Jiangxi Copper crashed 7.87 percent, Aluminum Corp of China (Chalco) plunged 6.18 percent, Yankuang Energy added 0.60 percent, PetroChina jumped 3.20 percent, China Petroleum and Chemical (Sinopec) perked 0.20 percent, Huaneng Power rose 0.24 percent, China Shenhua Energy rallied 4.62 percent, Gemdale tanked 3.42 percent, Poly Developments retreated 1.68 percent and China Vanke tumbled 3.38 percent.

The Australian stock market is sharply lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling to near the 8,500 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot amid spiking crude oil prices.

The Taiwan stock market has moved lower in three straight sessions, plunging almost 3,000 points or 6.7 percent along the way. The Taiwan Stock Exchange now sits just above the 43,500-point plateau although it may find renewed support on Tuesday. The global forecast for the Asian markets is cautiously optimistic on bargain hunting, with support expected especially among the technology and oil sectors. The European markets were soft and the U.S. bourse were mostly higher and the Asian markets figure to follow the latter lead. The TSE finished sharply lower on Monday with damage across the board, especially among the technology companies. For the day, the index tumbled 1,568.16 points or 3.48 percent to finish at 43,502.78 after trading between 42,376.86 and 44,507.49. Among the actives, Cathay Financial stumbled 5.00 percent, while Mega Financial slipped 1.79 percent, CTBC Financial skidded 1.80 percent, First Financial dipped 0.68 percent, Fubon Financial retreated 1.69 percent, E Sun Financial contracted 1.35 percent, Taiwan Semiconductor Manufacturing Company gave up 2.96 percent, United Microelectronics Corporation cratered 7.98 percent, Hon Hai Precision slumped 5.27 percent, Largan Precision dropped 3.94 percent, Catcher Technology tumbled 4.56 percent, MediaTek tanked 5.35 percent, Delta Electronics lost 1.96 percent, Novatek Microelectronics shed 3.86 percent, Formosa Plastics cratered 6.24 percent, Nan Ya Plastics plunged 6.70 percent and Asia Cement fell 1.89 percent. The lead from Wall Street suggests mild upside as the major averages opened higher on Monday but faded as the day progressed, with the Dow slipping into the red.

The M2 money stock in Japan was up 2.5 percent on year in May, the Bank of Japan said on Tuesday - coming in at 1,298.1 trillion yen.

South Korea's gross domestic product expanded a seasonally adjusted 1.8 percent on quarter in the first quarter of 2026, the Bank of Korea said on Tuesday.