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Indonesia Bourse Likely To Remain Rangebound
The Indonesia stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day losing streak in which it had fallen more than 60 points or 1 percent. The Jakarta Composite Index now sits just beneath the 6,720-point plateau although it's likely to head south again on Thursday.
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1173 days ago
Australian Market Significantly Lower
The Australian stock market is significantly lower on Thursday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from global markets overnight, with losses across most sectors, led by mining and financial stocks.
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1173 days ago
Hong Kong Stock Market Tipped To Open In The Red
The Hong Kong stock market on Wednesday wrote a finish to the two-day winning streak in which it had jumped almost 500 points or 2.5 percent. The Hang Seng Index now sits just above the 19,110-point plateau and it's looking at another rough start again on Thursday.
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1173 days ago
Continued Consolidation Called For China Stock Market
The China stock market on Wednesday halted the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Shanghai Composite Index now sits just above the 3,220-point plateau and it's likely to open under pressure again on Thursday.
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1173 days ago
Taiwan Stock Market May Give Up 17,000-Point Level
The Taiwan stock market on Wednesday ended the two-day winning streak in which it had advanced more than 225 points or 1.5 percent. The Taiwan Stock Exchange now sits just above the 17,050-point plateau and it may see continued consolidation on Thursday.
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1173 days ago
Singapore Shares May Extend Losing Streak
The Singapore stock market has finished lower in two straight sessions, sliding more than 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,185-point plateau and it's tipped to open in the red again on Thursday.
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1173 days ago
Soft Start Anticipated For Malaysia Stock Market
The Malaysia stock market has moved lower in consecutive trading days, easing almost 6 points or 0.4 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,390-point plateau and it may take further damage on Thursday.
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1173 days ago
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South Korea Shares May Open Under Pressure On Thursday
The South Korea stock market has moved lower in back-to-back sessions, slipping more than 20 points pr 0.8 percent along the way. The KOSPI now sits just beneath the 2,580-point plateau and it may extend its losses on Thursday.
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1173 days ago
Australia Trade Data Due On Thursday
Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In April, imports were up 2.0 percent on month and exports fell 5.0 percent for a trade surplus of A$11.158 billion.
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1173 days ago
TSX Snaps Six-session Winning Streak, Ends Moderately Lower
After six successive days of gains, the Canadian market turned weak on Wednesday with investors choosing to take some profits and largely refraining from creating fresh positions amid rising concerns about growth due to higher interest rates.
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1173 days ago
Dollar Firm Against Major Counterparts As Fed Minutes Show More Rate Hikes
The U.S. dollar stayed firm against its major counterparts on Wednesday with the minutes from the Federal Reserve's June monetary policy meeting indicating further interest rate hikes this year.
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1173 days ago
U.S. Stocks Close Lower As Weak Economic Data, Fed Minutes Weigh
U.S. stocks ended weak on Wednesday although those from the technology sector managed to briefly emerge higher around mid morning.
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1173 days ago
Fed Minutes Show More Rate Hikes Ahead
The minutes of the Federal Reserve's June meeting, released Wednesday afternoon, showed most members thought further hikes are on the way, but considering the lagged impact of policy and other concerns, chose to pause after enacting 10 straight rate increases.
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1173 days ago
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