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Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remained reluctant to make significant moves ahead of a busy week for earnings and key economic data releases in the US. Asian markets closed mostly lower on Monday.
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1241 days ago
Japanese Market Notably Higher
The Japanese stock market is notably higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 28,700 level, following the mixed cues from Wall Street overnight, as traders look ahead to the Bank of Japan's monetary policy meeting later in the week, with the BoJ expected to maintain its policy of ultra-low interest rates.
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1241 days ago
Sensex, Nifty To Open On Firm Note
Indian shares look set to open a tad higher on Tuesday despite mixed cues from global markets.
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1241 days ago
Higher Open Called For Thai Stock Market
The Thai stock market has finished lower in five straight sessions, slumping more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,560-point plateau although it may find support on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
Mild Upside Seen For Hong Kong Stock Market
The Hong Kong stock market has finished lower in consecutive trading days, slumping more than 430 points or 2.1 percent along the way. The Hang Seng Index now sits just above the 19,950-point plateau although it's due for support on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
China Stock Market Due For Support On Tuesday
The China stock market has tracked lower in four straight sessions, slumping more than 115 points or 3.5 percent along the way. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may stop the bleeding on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
South Korea Q1 GDP Adds 0.3%
South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the first quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.
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1241 days ago
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South Korea GDP Expands 0.3% In Q1
South Korea's gross domestic product was up a seasonally adjusted 0.3 percent on quarter in the first quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.
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1241 days ago
Taiwan Stock Market May Spin Its Wheels On Tuesday
The Taiwan stock market on Monday halted the four-day losing streak in which it had retreated more than 360 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 15,625-point plateau and it may be stuck in neutral again on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
Japan Producer Prices Rise 1.6% On Year In March
Producer prices in Japan were up 1.6 percent on year in March, the Bank of Japan said on Tuesday.
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1241 days ago
Rally May Stall For Singapore Stock Market
The Singapore stock market has finished higher in back-to-back sessions, collecting more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,325-point plateau although it may run out of steam on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
Malaysia Shares Expected To Remain Rangebound
Ahead of the long weekend for the Eid-ul-Fitr holiday, the Malaysia stock market had moved lower in four straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,425-point plateau and it's likely to remain in that neighborhood again on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
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1241 days ago
South Korea Shares May Remain Stuck In Neutral
The South Korea stock market has finished lower in three straight sessions, sinking more than 50 points or 2 percent along the way. The KOSPI now rests just beneath the 2,525-point plateau and it may inch lower again on Tuesday.
The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.
The KOSPI finished modestly lower on Monday following losses from the financials, technology chemical and oil stocks, while the automobile companies were up on bargain hunting.
For the day, the index dropped 20.90 points or 0.82 percent to finish at 2,523.50 after trading between 2,518.73 and 2,541.89. Volume was 914.5 million shares worth 11.36 trillion won. There were 697 decliners and 203 gainers.
Among the actives, Shinhan Financial retreated 1.39 percent, while KB Financial surrendered 1.80 percent, Hana Financial stumbled 1.30 percent, Samsung Electronics sank 0.76 percent, Samsung SDI skidded 1.09 percent, LG Electronics fell 0.37 percent, SK Hynix tumbled 2.13 percent, Naver eased 0.16 percent, LG Chem and Lotte Chemical both shed 0.52 percent, S-Oil dropped 0.90 percent, SK Innovation weakened 1.59 percent, POSCO added 0.63 percent, SK Telecom slumped 1.85 percent, KEPCO tanked 2.36 percent, Hyundai Mobis improved 0.87 percent, Hyundai Motor advanced 0.79 percent and Kia Motors jumped 1.68 percent.
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1241 days ago
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