Berita Valas

The Australian stock market is trading significantly higher on Tuesday, snapping the five-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains in financial and technology stocks partially offset by losses in mining and energy stocks amid weaker commodity prices.

The China stock market has moved lower in two straight sessions, dropping more than 75 points or 2.4 percent along the way. The Shanghai Composite now sits just above the 3,385-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the technology companies. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to follow the latter lead. The SCI finished slightly lower on Monday as losses from the properties were offset by support from the financial shares and a mixed picture from the energy companies. For the day, the index dipped 5.55 points or 0.16 percent to finish at 3,386.33 after trading between 3,376.54 and 3,401.93. The Shenzhen Composite Index slumped 21.33 points or 1.03 percent to end at 2,049.10. Among the actives, Industrial and Commercial Bank of China collected 2.19 percent, while Bank of China gained 1.54 percent, China Construction Bank accelerated 1.81 percent, China Merchants Bank climbed 1.18 percent, Agricultural Bank of China jumped 2.20 percent, China Life Insurance surrendered 1.90 percent, Jiangxi Copper retreated 1.36 percent, Aluminum Corp of China (Chalco) tumbled 1.97 percent, Yankuang Energy eased 0.14 percent, PetroChina spiked 2.05 percent, China Petroleum and Chemical (Sinopec) strengthened 1.42 percent, Huaneng Power and China Shenhua Energy both rallied 2.00 percent, Gemdale plummeted 4.45 percent, Poly Developments plunged 3.46 percent and China Vanke stumbled 2.14 percent.

The Taiwan stock market has tracked higher in two of three trading days since the end of the two-day slide in which it had fallen almost 360 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 23,040-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the technology companies. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to follow the latter lead.

The Singapore stock market has finished higher in three straight trading days, collecting almost 30 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,820-point plateau although it may spin its wheels on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the technology companies. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to follow the latter lead. The STI finished slightly higher on Monday following gains from the telecoms, weakness from the industrials and a mixed performance from the financial shares. For the day, the index added 10.68 points or 0.28 percent to finish at 3,821.03 after trading between 3,807.40 and 3,824.16. Among the actives, CapitaLand Investment shed 0.75 percent, while City Developments skidded 1.15 percent, DBS Group rallied 1.30 percent, Emperador slumped 1.19 percent, Genting Singapore lost 0.65 percent, Hongkong Land stumbled 1.32 percent, Keppel DC REIT plummeted 3.17 percent, Keppel Ltd eased 0.15 percent, Mapletree Logistics Trust sank 0.79 percent, Oversea-Chinese Banking Corporation jumped 1.43 percent, SATS tumbled 1.36 percent, Seatrium Limited fell 0.50 percent, SembCorp Industries retreated 1.26 percent, Singapore Technologies Engineering slid 0.44 percent, SingTel added 0.32 percent, Wilmar International dropped 0.98 percent, Yangzijiang Financial declined 1.25 percent and Yangzijiang Shipbuilding, Mapletree Pan Asia Commercial Trust, Mapletree Industrial Trust, CapitaLand Integrated Commercial Trust, Comfort DelGro and Thai Beverage were unchanged. The lead from Wall Street is cautiously optimistic as the major averages opened mixed on Monday and finished largely the same way.

The Malaysia stock market headed south again on Monday, one session after halting the five-day losing streak in which it had slumped more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,605-point plateau and it's likely to remain steady in that neighborhood again on Tuesday.

The Japanese stock market has tracked lower in back-to-back sessions, slumping almost 400 points or 1 percent along the way. The Nikkei 225 now sits just beneath the 39,460-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the technology companies. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to follow the latter lead.