Actualités Forex

The Indonesia stock market turned lower again on Monday, one session after snapping the two-day slide in which it had slumped almost 60 points or 0.8 percent. The Jakarta Composite Index now rests just beneath the 6,780-point plateau and it's expected to extend its losses on Tuesday. The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.

The Australian stock market significantly lower on Tuesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,100 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by losses in resources and technology stocks.

The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gathered almost 210 points or 1.1 percent. The Hang Seng Index now sits just above the 19,350-point plateau and it's likely to open in the red again on Tuesday. The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.

The China stock market has moved lower in three straight sessions, falling almost 70 points or 2.3 percent along the way. The Shanghai Composite Index now rests just above the 3,100-point plateau and it's expected to extend its losses on Tuesday. The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead. The SCI finished sharply lower on Monday following losses from the financial shares, property stocks and resource companies. For the day, the index tumbled 60.74 points or 1.92 percent to finish at 3,107.11 after trading between 3,096.10 and 3,170.26. The Shenzhen Composite Index dropped 36.32 points or 1.78 percent to end at 2,003.20. Among the actives, Industrial and Commercial Bank of China shed 0.70 percent, while Bank of China dropped 0.94 percent, China Construction Bank skidded 1.06 percent, China Merchants Bank retreated 1.59 percent, Bank of Communications declined 1.47 percent, China Life Insurance tumbled 1.80 percent, Jiangxi Copper surrendered 2.46 percent, Aluminum Corp of China (Chalco) tanked 2.95 percent, Yankuang Energy stumbled 2.83 percent, PetroChina weakened 1.76 percent, China Petroleum and Chemical (Sinopec) slumped 2.25 percent, Huaneng Power plunged 2.11 percent, China Shenhua Energy lost 1.54 percent, Gemdale fell 1.82 percent, Poly Developments declined 1.56 percent, China Vanke dipped 0.15 percent and China Fortune Land plummeted 2.58 percent. The lead from Wall Street is negative as the major averages fluctuated early Monday but then headed well into the red and finished under pressure.

The Taiwan stock market has finished lower in three straight sessions, dropping more than 310 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 14,430-point plateau and it's expected to open under pressure again on Tuesday. The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead. The TSE finished modestly lower on Monday following losses from the plastic and cement companies, while the financials and technology stocks were mixed. For the day, the index lost 95.23 points or 0.66 percent to finish at 14,433.32 after trading between 14,411.81 and 14,493.72. Among the actives, Cathay Financial dipped 0.12 percent, while Mega Financial lost 0.49 percent, CTBC Financial sank 0.90 percent, Fubon Financial improved 0.89 percent, First Financial collected 0.38 percent, E Sun Financial rose 0.21 percent, Taiwan Semiconductor Manufacturing Company dropped 0.96 percent, United Microelectronics Corporation plunged 3.05 percent, Hon Hai Precision advanced 1.00 percent, Largan Precision climbed 1.12 percent, Catcher Technology tumbled 1.74 percent, MediaTek shed 0.61 percent, Delta Electronics fell 0.34 percent, Novatek Microelectronics surrendered 1.75 percent, Formosa Plastics declined 1.48 percent, Nan Ya Plastics slumped 1.38 percent, Asia Cement retreated 1.43 percent and Taiwan Cement plummeted 2.17 percent. The lead from Wall Street is negative as the major averages fluctuated early Monday but then headed well into the red and finished under pressure.

The Singapore stock market on Monday ended the two-day losing streak in which it had dropped almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,255-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.