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Hong Kong Stock Market Tipped To See Additional Support
The Hong Kong stock market bounced higher again on Monday, one session after halting the three-day winning streak in which it had surged almost 1,260 points or 8.3 percent. The Hang Seng Index now rests just above the 16,075-point plateau and it's expected to open in the green again on Tuesday.
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China Shares Expected To Bounce Higher Again On Tuesday
The China stock market on Monday wrote a finish to the four-day winning streak in which it had surged more than 150 points or 5.5 percent. The Shanghai Composite Index now rests just above the 2,880-point plateau although it's predicted to rebound on Tuesday.
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Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market bounced higher again on Monday, one session after snapping the six-day winning streak in which it had surged more than 825 points or 4.7 percent. The Taiwan Stock Exchange now sits just beneath the 18,120-point plateau and it may add to its winnings on Tuesday.
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Rebound Anticipated For Singapore Stock Market
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had slipped more than 15 points or 0.4 percent. The Straits Times Index now sits just above the 3,140-point plateau although it's likely to rebound again on Tuesday.
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Malaysia Stock Market Poised To Add To Its Winnings
The Malaysia stock market has moved higher in six straight sessions, collecting more than 35 points or 2.1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau and it may extend its gains again on Tuesday.
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Win Streak May Continue For South Korea Stock Market
The South Korea stock market has moved higher in three straight sessions, advancing more than 30 points or 1.3 percent along the way. The KOSPI market now rests just above the 2,500-point plateau and it may see additional support on Tuesday.
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Australia Retail Sales Data Due On Tuesday
Australia will on Tuesday release December figures for retail sales, highlighting a light day for Asia-Pacific economic activity.
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TSX Recovers After Early Setback, Ends Modestly Higher
The Canadian market shrugged off an early setback and moved higher in cautious trade to scale a new 52-week intraday and closing high. Technology, real estate and consumer discretionary stocks were among the prominent gainers.
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Swiss Market Ends Modestly Higher
The Switzerland market started off on a weak note on Monday, but recovered swiftly and then stayed firm right through the day's session to eventually close modestly higher.
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European Stocks Close On Mixed Note Ahead Of Major Economic Events
European markets closed on a mixed note on Monday after stocks swung between gains and losses with investors making cautious moves ahead of a slew of major economic events, including the Federal Reserve and the Bank of England's policy announcements, and Chinese factory activity report, U.S. jobs report and euro zone GDP numbers.
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Dollar's Tepid Show Last Week
It was a lukewarm show by the Dollar during the week ended January 26, reflected in a minor uptick in the Dollar Index.
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Higher Commodity Prices Might Push Canadian Stocks Up In Early Trades
Bay Street is likely to open higher Monday morning, with resources stocks tracking the uptick in commodity prices. However, with a slew of important economic events, including the Federal Reserve and the Bank of England's policy announcements due this week, the mood is likely to remain cautious.
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Evergrande Stock Hit As Hong Kong Court Orders Liquidation
Shares of China Evergrande Group, the world's most indebted property developer with about $300 billion in liabilities, plunged around 21 percent on Monday's regular trading after a Hong Kong court ruled to liquidate the Chinese property major after it failed to provide a convincing restructuring plan. The trading of the company's shares was briefly halted in early morning following the sharp drop
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Před 644 dny
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