Berita Valas
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Thursday, recouping some of the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,800 level, with gains in gold miners and technology stocks as some traders picked up stocks at a bargain after the recent slump in the markets.
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Taiwan Shares Tipped To Open In The Green On Thursday
The Taiwan stock market on Wednesday halted the four-day losing streak in which it had stumbled almost 800 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,280-point plateau and it's expected to open to the upside again on Thursday.
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Singapore Stock Market May Find Additional Support On Thursday
The Singapore stock market on Wednesday snapped the three-day losing streak in which it had dropped almost 100 points or 2.5 percent. The Straits Time Index now sits just above the 3,830-point plateau and it may add to its winnings on Thursday.
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Malaysia Bourse Due For Support On Thursday
The Malaysia stock market has tracked lower in five straight sessions, slumping more than 80 points or 5.3 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,485-point plateau although it may stop the bleeding on Thursday.
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Nikkei May Extend Wednesday's Gains
The Japanese stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had rallied more than 370 points or 1 percent. The Nikkei 225 now rests just shy of the 36,820-point plateau and it's tipped to open in the green again on Thursday.
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KOSPI May Reclaim 2,600-Point Level
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced almost 50 points or 2 percent. The KOSPI now sits just beneath the 2,575-point plateau and it may extend its gains on Thursday.
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TSX Ends On Firm Note After BoC Rate Cut Decision
The Canadian market closed on a firm note on Wednesday, lifted by gains in energy and technology sectors.
The Bank of Canada's rate cut announcement, and tamer than expected U.S. consumer price inflation data contributed to the positive show by Canadian stocks.
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Berita lainnya
Australia Building Approval Data Due On Thursday
Australia will on Thursday see January numbers for building approvals, highlighting a light day for Asia-Pacific economic activity.
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Dollar Climbs Higher Against Major Counterparts
The U.S. dollar climbed higher on Wednesday, gaining some ground after exhibiting weakness over the past several sessions, as data showed a smaller than expected increase in U.S. consumer price inflation.
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Canadian Dollar Higher After Soft U.S. Inflation Data
The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday, as U.S. inflation report came in cooler than expected in February, suggesting that the Federal Reserve will resume rate cuts in June.
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Swiss Market Ends On Buoyant Note
The Switzerland market closed on a buoyant note on Wednesday, in line with markets across Europe, as optimism about a ceasefire in Ukraine, and data showing a less than expected increase in U.S. consumer prices in the month of February lifted investor sentiment.
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European Stocks Close Higher On Ukraine Ceasefire Hopes, Tame U.S. CPI Data
European stocks closed higher on Wednesday, recovering from recent losses, as investors reacted to news about prospects of a ceasefire in Ukraine. Tamer than expected U.S. consumer price inflation data also aided sentiment.
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Canadian Stocks Turning In Mixed Performance After BoC Rate Cut, U.S. Inflation Data
Canadian stocks are turning in a mixed performance Wednesday morning with investors digesting the Bank of Canada's interest rate decision, and tamer than expected U.S. consumer price inflation data.
Worries about the U.S. Government's stance on tariffs, and the possibility of recession in the U.S., Canada and Mexico, are weighing on sentiment and limiting market's upside.
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