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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to make more significant moves ahead of a more closely watched report on US consumer price inflation later in the day that could influence the US Fed's rate trajectory. Asian markets closed mostly higher on Tuesday.
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Australian Market Trims Gains In Mid-market
The Australian stock market is trimming its gains in mid-market trading on Wednesday, but expending the gains in the previous session, with the benchmark S&P/ASX 200 index still staying well above the 8,200.00 level, with gains in mining and financial stocks nearly offset by weakness in technology and energy stocks.
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Sensex, Nifty Seen Higher At Open
Indian shares may see modest gains at open on Wednesday despite mixed cues from global markets.
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Thai Stock Market Expected To Open Higher On Wednesday
The Thai stock market has finished lower in two straight sessions, sinking more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it's due for support on Wednesday.
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Indonesia Bourse May Stop The Bleeding On Wednesday
The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
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Additional Support Tipped For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the six-day losing streak in which it had tumbled almost 900 points or 4.7 percent. The Hang Seng Index now sits just beneath the 19,220-point plateau and it may add to its winnings on Wednesday.
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Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to be just below the 38,500 level, with gains in gains across most sectors led by financial stocks. Technology stocks were the only weak spot.
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Berita lainnya
China Shares May Be Stuck In Neutral On Wednesday
The China stock market on Tuesday ended the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,240-point plateau although it may spin its wheels on Wednesday.
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Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,200 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks. Technology stocks were the only weak spot.
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Mild Upside Seen For Taiwan Stock Market
The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just shy of the 22,800-point plateau and it may inch higher again on Wednesday.
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Japan M2 Money Stock Rises 1.3% On Year In December
The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.
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Singapore Stock Market May Find Traction On Wednesday
The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way. The Straits Tines Index now rests just beneath the 3,790-point plateau although it may see mild upside on Wednesday.
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Malaysia Stock Market May Open Higher On Wednesday
The Malaysia stock market has finished lower in two straight sessions, slipping more than 25 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau although it may find support on Wednesday.
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