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Sensex, Nifty Drift Lower As Yields Climb; Adani Group Stocks Worst Hit
Indian shares were moving lower on Friday after rate hikes from policymakers in England, Norway and Switzerland pushed global bond yields higher.
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vor 787 Tagen
Asian Markets Mostly Lower Amid Rate Hikes
Asian stock markets are mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders react to interest rate hikes by the Bank of England, the Norges Bank and the Swiss National Bank as well as inflation concerns that triggered growth worries. US Fed Chair Jerome Powell also reiterated plans to continue raising rates during his second day of testimony.
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vor 787 Tagen
Sensex, Nifty Seen Flat To Higher At Open As Oil Prices Tumble
Indian shares are seen open marginally higher on Friday as Fed Chair Jerome Powell wrapped up his congressional testimony and crude oil prices saw a sharp pullback overnight on fuel demand concerns.
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vor 787 Tagen
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Friday after opening in the green, extending the losses in the previous session, with the benchmark Nikkei 225 falling below the 33,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors partially offset by gains in technology stocks.
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vor 787 Tagen
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 below the 7,200 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by energy and financial stocks. Traders digested data showing a slowdown in Australian manufacturing activity and service activity.
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vor 787 Tagen
Thai Shares Tipped To End Losing Streak
The Thai stock market has tracked lower in four straight sessions, slumping almost 50 points or 3.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,510-point plateau although it's due for support on Friday.
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vor 787 Tagen
Indonesia Shares May Bounce Higher Again On Friday
The Indonesia stock market turned lower again on Thursday, one day after ending the three-day slide in which it had slumped more than 50 points or 0.8 percent. The Jakarta Composite Index now sits just above the 6,650-point plateau although it may find renewed support on Friday.
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vor 787 Tagen
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Hong Kong Bourse Due For Support On Friday
Ahead of Thursday's holiday for the Dragon Boat Festival, the Hong Kong stock market had finished lower in three straight sessions, tumbling more than 820 points or 4.2 percent along the way. The Hang Seng Index now rests just beneath the 19,220-point plateau although it may stop the bleeding on Friday.
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vor 787 Tagen
Singapore Stock Market Tipped To Open In The Green
The Singapore stock market headed south again on Thursday, one day after ending the two-day losing streak in which it had fallen almost 40 points or 1.2 percent. The Straits Times Index now sits just above the 3,220-point plateau although it may bounce higher again on Friday.
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vor 787 Tagen
Japan Overall Inflation Climbs 3.2% On Year In May
Overall consumer prices in Japan were up 3.2 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday.
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vor 787 Tagen
Mild Upside Seen For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than 7 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,395-point plateau and it may inch higher again on Friday.
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vor 787 Tagen
Australia Manufacturing PMI Improves To 48.6 In June - Judo Bank
The manufacturing sector in Australia continued to contract in June, albeit at a slower pace, the latest survey from Judo Bank revealed on Friday with a manufacturing PMI score of 48.6.
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vor 787 Tagen
KOSPI May Reclaim 2,600-Point Level
The South Korea stock market on Thursday snapped the three-day losing streak in which it had retreated more than 40 points or 1.7 percent. The KOSPI now rests just above the 2,590-point plateau and it may add to its winnings on Friday.
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vor 787 Tagen
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