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China Service Sector Growth Softens In April
China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new work of some service providers, survey data from S&P Global revealed Tuesday. The Caixin Services Purchasing Managers' Index fell to 50.7 in April from 51.9 in March. The reading was forecast to drop moderately to 51.7.
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vor 93 Tagen
Sensex, Nifty Marginally Lower In Early Trade
Indian shares struggled for direction on Tuesday as tensions between India and Pakistan simmered and media reports suggested that India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the U.S.
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vor 93 Tagen
Australian Market Slightly Higher In Mid-market After Early Losses
The Australian stock market is slightly higher in mid-market trading on Tuesday after early losses, reversing some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with strong gains in gold miners nearly offset by weakness in iron ore miners, financial and some technology stocks.
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vor 93 Tagen
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid easing global trade concerns after US Treasury Secretary Scott Bessent said 17 trading partners, excluding China, have presented very good trade proposals and some deals may be announced as early as this week. He added there could be substantial progress on trade with China.
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vor 93 Tagen
Sensex, Nifty Seen Opening Flat On Muted Asian Cues
Indian shares are seen opening on a flat note Tuesday as investors weigh border tensions against easing global trade concerns.
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vor 93 Tagen
Thai Stock Market Due For Consolidation On Tuesday
Ahead of Monday's holiday for Coronation Day, the Thai stock market had moved higher in five straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it's expected to open in the red on Tuesday.
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vor 93 Tagen
Indonesia Shares Due For Profit Taking On Tuesday
The Indonesia stock market has moved higher in six straight sessions, advancing more than 225 points or 3.6 percent along the way. The Jakarta Composite Index now rests just above the 6,830-point plateau although investors may lock in gains on Tuesday.
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vor 93 Tagen
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with weakness in iron ore miners, financial and some technology stocks partially offset by strong gains in gold miners.
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vor 94 Tagen
Hong Kong Bourse May Spin Its Wheels On Tuesday
Ahead of Monday's holiday for the buddha's birthday, the Hong Kong stock market had finished higher in three straight sessions, collecting almost 550 points or 2.4 percent along the way. The Hang Seng Index now sits just above the 22,500-point plateau although the rally may stall on Tuesday.
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vor 94 Tagen
China Shares May Return To The Downside
Ahead of the long holiday weekend, the China stock market had finished lower in four straight sessions, sliding more than 20 points or 0.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point plateau and it may open under pressure again on Tuesday.
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vor 94 Tagen
Continued Consolidation Called For Taiwan Stock Market
The Taiwan stock market on Monday snapped the five-day winning streak in which it had surged more than 1,300 points or 6.4 percent. The Taiwan Stock Exchange now sits just above the 20,530-point plateau and it may take further damage on Tuesday.
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vor 94 Tagen
Rally May Stall For Singapore Stock Market
The Singapore stock market has moved higher in three straight sessions, advancing almost 50 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,850-point plateau although it may run out of steam on Tuesday.
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vor 94 Tagen
Malaysia Bourse May Extend Monday's Losses
The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and the losses may accelerate on Tuesday.
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vor 94 Tagen
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