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Indonesia Shares May Test Resistance At 7,400 Points
The Indonesia stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had rallied almost 280 points or 3 percent. The Jakarta Composite Index now sits just above the 7,380-point plateau and it may open in the green again on Monday.
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Australian Market Modestly Lower
The Australian stock market is currently trading modestly lower on Monday, adding to the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,400.00 level, with weakness across most sectors led by mining and energy stocks. Technology stocks were the only bright spot.
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Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market on Friday snapped the two-day slide in which it had dropped almost 200 points or 1 percent. The Hang Seng Index now sits just above the 19,865-point plateau and it may extend its gains on Monday.
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Higher Open Anticipated For China Stock Market
The China stock market has moved higher in back-to-back sessions, collecting almost 40 points or 1.2 percent along the way. The Shanghai Composite now sits just above the 3,400-point plateau and it may see additional support on Monday.
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Taiwan Bourse May Get A Boost From Tech Shares
The Taiwan stock market on Friday halted the four-day winning streak in which it had surged more than 1,000 points or 4.3 percent. The Taiwan Stock Exchange now rests just beneath the 23,200-point plateau although it's likely to bounce higher again on Monday.
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Japan Overall Bank Lending Climbs 3.0% On Year In November
Overall bank lending in Japan was up 3.0 percent on year in November, the Bank of Japan said on Monday - coming in at 626.923 trillion yen.
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Japan Has Y2.456 Trillion Current Account Surplus
Japan posted a current account surplus of 2.456 trillion yen in October, the Ministry of Finance said on Monday - down 13 percent from a year earlier.
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Berita lainnya
Japan GDP Gains 0.3% In Q3
Japan's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2024, the Cabinet Office said on Monday - exceeding expectations for an increase of 0.2 percent following the upwardly revised 0.5 percent increase in the three months prior (originally 0.2 percent).
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Mild Rebound Tipped For Singapore Stock Market
The Singapore stock market on Friday ended the six-day winning streak in which it had advanced more than 110 points or 3 percent. The Straits Times Index now rests just beneath the 3,800-point plateau although it may see renewed support on Monday.
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Malaysia Shares Likely Rangebound On Monday
The Malaysia stock market on Friday wrote a finish to the four-day winning streak in which it had climbed more than 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau and it's likely to see little movement on Monday.
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Mild Rebound Seen For Japan Stock Markets
The Japanese stock market on Friday halted the four-day winning streak in which it had advanced almost 1,200 points or 3.2 percent. The Nikkei 225 now sits just shy of the 39,100-point plateau although it may tick higher on Monday.
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Political Issues May Continue To Weigh On KOSPI
The South Korea stock market has finished lower in three straight sessions, slumping more than 70 points or 2.9 percent along the way. The KOSPI now sits just beneath the 2,430-point plateau and it may take further damage again on Monday.
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Japan GDP Data Due On Monday
Japan will on Monday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is seen steady from the three months prior, up 0.2 percent on quarter and 0.9 percent on year. Capex is also called steady at -0.2 percent on quarter.
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