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European Economic News Preview: Eurozone Final Manufacturing PMI Data Due
Final manufacturing Purchasing Managers' survey and Sentix investor confidence from the euro area are the top economic news due on Monday. At 3.15 am ET, S&P Global publishes Spain's manufacturing PMI survey results. The factory PMI is forecast to rise to 49.5 in April from 48.7 in the previous month.
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130 days ago
Sensex, Nifty Up Firmly In Positive Territory
Key Indian stock indices Sensex and the Nifty50 are up firmly in positive territory Monday morning, tracking Wall Street's notable upmove on Friday, and reacting to earnings reports and other corporate news.
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130 days ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Monday, but reversing some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,700.00 level, with weakness in gold miner, financial and energy stocks partially offset by gains in technology stocks.
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130 days ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, with markets in China and Japan closed, as traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East war. Crude oil prices also eased with potential US-led maritime security measures in the Strait of Hormuz to provide safe passage to vessels.
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130 days ago
Sensex, Nifty Look Headed For Firm Start
Higher GIFT Nifty and positive cues from Wall Street where the major averages posted record closing highs on Friday point to a firm start for the Indian stock market on Monday.
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130 days ago
Higher Open Called For Indonesia Stock Market
Ahead of Friday's holiday for Labor Day, the Indonesia stock market had turned lower again, one day after ending the seven-day losing streak in which it had tumbled more than 550 points or 5.1 percent. The Jakarta Composite Index now rests just above the 6,900-point plateau although it may see renewed support on Monday.
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130 days ago
Hang Seng May Reverse Thursday's Losses
Ahead of Friday's holiday for Labor Day, the Hong Kong stock market had turned lower again on Wednesday, one day after ending the two-day slide in which it had slumped almost 300 points or 1.2 percent. The Hang Seng Index now rests just above the 25,775-point plateau although it's tipped to open to the upside on Monday.
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130 days ago
more news
Australian Markets Notably Lower
The Australian stock market is notably lower on Monday, reversing some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,700.00 level, with weakness in energy and technology stocks, with a mixed performance in most other sectors.
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130 days ago
Taiwan Shares Due For Support On Monday
Ahead of Friday's holiday for Labor Day, the Taiwan stock market had finished lower in three straight sessions, sinking more than 700 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just above the 38,925-point plateau although it may stop the bleeding on Monday.
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130 days ago
Singapore Bourse May Add To Thursday's Gains
Ahead of Friday's holiday for Labor Day, the Singapore stock market had ended the six-day losing streak in which it had tumbled almost 140 points or 3 percent. The Straits Times Index now rests just above the 4,910-point plateau and it may add to its winnings on Monday.
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130 days ago
Little Movement Predicted For Malaysia Shares
Ahead of Friday's holiday for Labor Day, the Malaysia stock market had finished higher in two of three trading days since the end of the two-day slide in which it had fallen almost 5 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,720-point plateau and it's expected to remain in that neighborhood again on Monday.
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130 days ago
Rebound Anticipated For South Korea Stocks
Ahead of Friday's holiday for Labor Day, the South Korea stock market had ended the three-day winning streak in which it had jumped almost 220 points or 3.4 percent to a record closing high. The KOSPI now sits just beneath the 6,600-point although it may bounce higher again on Monday.
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130 days ago
Australia Building Approval Data Due On Monday
Australia will on Monday release March figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. In February, approvals were up 29.7 percent on year and 10.8 percent on month.
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130 days ago
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