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Indonesia Bourse Due For Consolidation
The Indonesia stock market has finished higher in six straight sessions, advancing more than 225 points or 3.8 percent in that span. The Jakarta Composite Index now rests just above the 6,100-point plateau although investors figure to lock in gains on Friday.
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55 days ago
Japanese Market Sharply Lower; Slipping 3%
The Japanese market is trading sharply lower on Friday, extending the sharp losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling 3 percent to below the 64,800 level, with weakness across most sectors led by financial and technology stocks.
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55 days ago
Hong Kong Stock Market May Be Stuck In Neutral On Friday
The Hong Kong stock market has tracked higher in five straight sessions, advancing more than 1,000 points or 4 percent along the way. The Hang Seng Index now sits just above the 25,000-point plateau although it's due for consolidation on Friday.
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55 days ago
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, after a relatively flat close in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in mining and financial stocks partially offset gains in energy stocks.
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55 days ago
Losing Streak May Continue For China Shares
The China stock market has finished lower in two straight sessions, sinking almost 85 points or 2.2 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau and it's likely to open in the red again on Friday.
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55 days ago
Taiwan Stock Market May Extend Thursday's Losses
The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had dropped more than 1,300 points or 2.9 percent. The Taiwan Stock Exchange sits just above the 45,620-point plateau and the losses may accelerate on Friday.
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55 days ago
Losses May Accelerate For Singapore Shares
The Singapore stock market on Thursday halted the nine-day winning streak in which it had surged more than 390 points or 7.7 percent to a fresh record closing high. The Straits Times Index now sits just beneath the 5,540-point plateau and it figures to see continued consolidation on Friday.
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55 days ago
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Malaysia Stock Market May Tick Lower On Friday
The Malaysia stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had collected more than 40 points or 2.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,720-point plateau although it's likely to head south again on Friday.
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55 days ago
Japan Shares May Take Further Damage On Friday
The Japan stock market on Thursday ended the two-day winning streak in which it had rallied more than 1,500 points or 2.3 percent. The Nikkei 225 now sits just above the 66,830-point plateau and it may extend its losses on Friday.
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55 days ago
South Korea Shares May Open Under Pressure
The South Korea stock market on Thursday snapped the two-day winning streak in which it had surged more than 475 points or 6.6 percent. The KOSPI now sits just above the 6,820-point plateau and it may take further damage on Friday.
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55 days ago
Malaysia GDP Data Due On Friday
Malaysia will on Friday release preliminary Q2 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In Q1, GDP was up 5.4 percent on year.
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56 days ago
U.S. Dollar Advances Amid U.S. Economic Reports, U.S.-Iran Faceoff
The U.S. Dollar value edged higher as ongoing U.S.-Iran standoff continues with both nations refusing to ease their stance increasing oil-linked inflationary concerns. In addition, the unexpected fall in U.S. jobless claims has lowered expectations for any rate cut by the U.S. Federal Reserve.
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56 days ago
Swiss Market Settles Modestly Lower
The Switzerland stock market closed modestly lower on Thursday after staying in negative territory right through the day's session amid concerns about escalating Middle East tensions. Investors also reacted to some corporate news.
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56 days ago
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