Berita Valas

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had surrendered almost 1,250 points or 4.7 percent. The Hang Seng Index now rests just above the 25,715-point plateau and it's looking at a green light for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with support expected from the technology and oil sectors. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Hang Seng finished sharply higher on Monday with gains across the board, especially among the financial shares, property stocks and technology companies. For the day, the index surged 496.48 points or 1.97 percent to finish at 25,716.50 after trading between 25,369.29 and 25,770.45. Among the actives, Alibaba Group skyrocketed 4.67 percent, while Alibaba Health Info spiked 2.87 percent, ANTA Sports and Hong Kong & China Gas both climbed 1.95 percent, China Life Insurance collected 0.93 percent, China Mengniu Dairy perked 0.48 percent, China Resources Land strengthened 2.22 percent, CITIC was up 0.75 percent, CNOOC slumped 1.49 percent, CSPC Pharmaceutical jumped 2.44 percent, ENN Energy stumbled 2.09 percent, Galaxy Entertainment rallied 2.86 percent, Haier Smart Home increased 1.72 percent, Hang Lung Properties soared 4.01 percent, Henderson Land gained 1.50 percent, Industrial and Commercial Bank of China rose 1.41 percent, JD.com improved 1.90 percent, Lenovo picked up 0.62 percent, Li Auto accelerated 3.93 percent, Li Ning advanced 1.66 percent, Meituan vaulted 2.72 percent, New World Development rocketed 0.85 percent, Nongfu Spring gathered 0.89 percent, Techtronic Industries expanded 2.57 percent, Xiaomi Corporation added 1.52 percent and WuXi Biologics surged 4.06 percent. The lead from Wall Street is strong as the major averages opened mixed on Monday but quickly turned higher and accelerated throughout the day, ending near session highs.

The Australian stock market is trading slightly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,500 level, with gains in mining stocks and a mixed performance across most sectors.

The China stock market on Monday snapped the two-day slide in which it had dropped more than 110 points or 2.9 percent. The Shanghai Composite Index now sits just above the 3,835-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with support expected from the technology and oil sectors. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The SCI finished barely lower on Monday, limited by weakness from the financial shares, property stocks and resource companies. For the day, the index perked 1.87 points or 0.05 percent to finish at 3,836.77 after trading between 3,816.58 and 3,854.33. The Shenzhen Composite Index added 20.66 points or 0.87 percent to end at 2,390.98. Among the actives, Industrial and Commercial Bank of China was down 0.61 percent, while Bank of China tumbled 1.91 percent, Agricultural Bank of China weakened 0.37 percent, China Merchants Bank lost 0.86 percent, Bank of Communications shed 0.79 percent, China Life Insurance slumped 0.83 percent, Jiangxi Copper added 0.64 percent, Aluminum Corp of China (Chalco) slipped 0.29 percent, Yankuang Energy sank 0.72 percent, PetroChina surrendered 2.49 percent, China Petroleum and Chemical (Sinopec) tanked 2.18 percent, Huaneng Power dropped 0.91 percent, China Shenhua Energy stumbled 2.07 percent, Gemdale dipped 0.27 percent, Poly Developments climbed 1.01 percent and China Vanke fell 0.33 percent.

The Canadian dollar fell against the U.S. and Australian dollars in the New York session on Monday.

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped more than 870 points or 3.3 percent. The Taiwan Stock Exchange now sits just above the 26,500-point plateau and it's expected to open to the upside again on Tuesday. The global forecast for the Asian markets is mixed to higher, with support expected from the technology and oil sectors. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The TSE finished modestly higher on Monday following gains from the financial shares and plastic stocks, while the technology companies were mixed. For the day, the index added 69.30 points or 0.26 percent to finish at 26,504.24 after trading between 26,482.33 and 26,764.13. Among the actives, Cathay Financial collected 0.17 percent, while Mega Financial spiked 2.15 percent, First Financial improved 1.24 percent, Fubon Financial accelerated 3.72 percent, E Sun Financial vaulted 2.50 percent, Taiwan Semiconductor Manufacturing Company sank 0.72 percent, United Microelectronics Corporation soared 3.44 percent, Hon Hai Precision stumbled 2.22 percent, Largan Precision jumped 1.90 percent, Catcher Technology dropped 0.96 percent, MediaTek added 0.44 percent, Delta Electronics dipped 0.22 percent, Novatek Microelectronics perked 0.13 percent, Formosa Plastics climbed 1.25 percent, Nan Ya Plastics surged 4.38 percent, Asia Cement rallied 2.54 percent and CTBC Financial was unchanged. The lead from Wall Street is strong as the major averages opened mixed on Monday but quickly turned higher and accelerated throughout the day, ending near session highs.

The Singapore stock market rebounded on Monday, one session after ending the two-day winning streak in which it had risen 7 points or 0.2 percent. The Straits Times Index now sits just beneath the 4,500-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with support expected from the technology and oil sectors. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The STI finished modestly higher on Monday following mixed performances from the financial shares, property stocks and industrial issues. For the day, the index gained 27.49 points or 0.62 percent to finish at 4,496.63 after trading between 4,459.83 and 4,504.48. Among the actives, CapitaLand Ascendas REIT spiked 1.80 percent, while CapitaLand Integrated Commercial Trust rallied 1.29 percent, CapitaLand Investment jumped 1.15 percent, DBS Group shed 0.54 percent, DFI Retail Group added 0.88 percent, Genting Singapore slumped 0.68 percent, Hongkong Land surged 3.95 percent, Keppel DC REIT gathered 0.43 percent, Keppel Ltd soared 2.63 percent, Mapletree Pan Asia Commercial Trust rose 0.70 percent, Mapletree Industrial Trust advanced 1.00 percent, Mapletree Logistics Trust gained 0.78 percent, Oversea-Chinese Banking Corporation expanded 0.06 percent, SATS picked up 0.30 percent, Seatrium Limited lost 0.48 percent, SembCorp Industries accelerated 1.48 percent, Singapore Technologies Engineering improved 0.95 percent, SingTel climbed 1.05 percent, Thai Beverage strengthened 1.08 percent, United Overseas Bank collected 0.12 percent, UOL Group increased 0.94 percent, Wilmar International perked 0.31 percent, Yangzijiang Financial stumbled 1.03 percent, Yangzijiang Shipbuilding sank 0.60 percent and City Developments and Comfort DelGro were unchanged. The lead from Wall Street is strong as the major averages opened mixed on Monday but quickly turned higher and accelerated throughout the day, ending near session highs.