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Continued Consolidation Called For Taiwan Shares
The Taiwan stock market on Monday halted the eight-day winning streak in which it had surged more than 3,650 points or 10.1 percent to a record closing high. The Taiwan Stock Exchange now sits just beneath the 35,100-point plateau and it may take further damage on Tuesday.
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193 days ago
Steady Start Seen For Singapore Stock Market
The Singapore stock market headed south again on Monday, one session after ending the three-day slide in which it had slumped almost 80 points or 1.7 percent. The Straits Times Index now sits just above the 4,890-point plateau although it may see renewed support on Tuesday.
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193 days ago
Japan Unemployment Rate Ticks Up To 2.7%
The jobless rate in Japan came in at a seasonally adjusted 2.7 percent in January, the Ministry of Internal Affairs and Communications said on Tuesday.
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193 days ago
Malaysia Bourse: Support Seen At 1,700 Points
The Malaysia stock market has moved lower in five straight sessions, slumping almost 60 points or 3.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,700-point plateau although it may stop the bleeding on Tuesday.
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193 days ago
Mild Recovery Seen For Japan Stock Market
The Japan stock market on Monday ended the four-day winning streak in which it had rallied more than 2,025 points or 3.5 percent. The Nikkei 225 now sits just above the 58,050-point plateau and it may move back to the upside again on Tuesday.
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193 days ago
New Zealand Building Consents Climb 1.9% In January
The total number of building permits issued in New Zealand was up a seasonally adjusted 1.9 percent on month in January, Statistics New Zealand said on Tuesday - coming in at 2,528.
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193 days ago
KOSPI May Reverse Some Of Monday's Damage
Ahead of Monday's holiday for Independence Movement Day, the South Korea stock market had ended the six-day winning streak in which it had surged more than 800 points or 13.7 percent to a fresh record closing high. The KOSPI now sits just above the 6,240-point plateau although it may bounce higher again on Tuesday.
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193 days ago
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Australia Building Approval Data Due On Tuesday
Australia will on Tuesday release January figures for building approvals and Q4 data for current account, highlighting a modest day for Asia-Pacific economic activity.
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193 days ago
Swiss Market Ends Notably Lower On Rising Tensions In Middle East
Swiss stocks closed on a weak note on Monday, in line with most of the markets across Europe, amid falling appetite for riskier assets due to rising tensions in the Middle East.
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193 days ago
European Markets Fall As Middle East Tensions Escalate
Most of the markets across Europe settled notably lower on Monday as stocks tumbled amid rising tensions in the Middle East, where tensions run high following the U.S. and Israel's coordinated strikes on Iran and the retaliatory strikes by Teheran on U.S. bases across the region.
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193 days ago
Canadian Market Recovers From Early Setback As Energy Stocks Rise
After an early setback amid falling risk appetite due to rising tensions in the Middle East, the Canadian market recovered Monday morning, thanks to strong gains in energy, communications and industrials sectors.
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193 days ago
U.S. Manufacturing Index Edges Down Less Than Expected In February
The Institute for Supply Management released a report on Monday showing a slight slowdown in the pace of growth in U.S. manufacturing activity in the month of February. The ISM said its manufacturing PMI edged down to 52.4 in February after surging to 52.6 in January, but a reading above 50 still indicates growth. Economists had expected the index to dip to 51.8.
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194 days ago
Bay Street Seen Opening Weak; Higher Commodity Prices May Help Limit Downside
Canadian shares look headed for a weak start Monday morning, tracking a sell-off in global markets amid falling risk appetite for riskier assets due to rising tensions in the Middle East.
However, some buying may emerge in gold and energy stocks thanks to higher bullion and oil prices, and help limit market's downside.
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194 days ago
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