Actualités Forex

Sensex, Nifty Seen Tad Lower As Oil Jumps On Tight Supply

Indian shares look set to open a tad lower on Wednesday after oil prices surged nearly 4 percent overnight, adding to worries about inflation and growth.

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Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Wednesday after opening in the green, extending the losses in the previous four sessions, with the Nikkei 225 falling below the 28,400 level, following the broadly negative cues from global markets overnight, dragged by weakness in technology stocks, even as traders remain concerned over an economic slowdown and the outlook for interest rates.

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Thai Shares May Turn Lower Again On Wednesday

The Thai stock market on Tuesday halted the three-day slide in which it had fallen almost 25 points or 1.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,635-point plateau although it may head south again on Wednesday. The global forecast for the Asian markets remains soft on concerns over an economic slowdown and the outlook for interest rates. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.

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Indonesia Stock Market Expected To Open Under Pressure

The Indonesia stock market on Tuesday ended the two-day slide in which it had dropped almost 80 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,160-point plateau although it's likely to hand back those gains on Wednesday.

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Australian Market Modestly Higher

The Australian stock market is modestly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 again moving above the 7,000 mark, despite the broadly negative cues from global markets overnight, lifted by strength in materials and energy stocks amid a rebound commodity prices.

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Losing Streak May Continue For Hong Kong Shares

The Hong Kong stock market has finished lower in back-to-back sessions, sinking almost 270 points or 1.3 percent along the way. The Hang Seng now rests just above the 19,500-point plateau and it's looking at another soft start again on Wednesday. The global forecast for the Asian markets remains soft on concerns over an economic slowdown and the outlook for interest rates. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.

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Soft Start Seen For China Stock Market

The China stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had given up almost 35 points or 1.1 percent. The Shanghai Composite Index new sits just above the 3,275-point plateau and it's likely to open in the red again on Wednesday.

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Lower Open Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, sinking more than 310 points or 2 percent along the way. The Taiwan Stock Exchange now rests just beneath the 15,100-point plateau and tipped to open under pressure again on Wednesday. The global forecast for the Asian markets remains soft on concerns over an economic slowdown and the outlook for interest rates. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.

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Singapore Stock Market May Extend Tuesday's Losses

The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,250-point plateau and it may take further damage on Wednesday.

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Mild Selling Pressure Tipped For Malaysia Stock Market

The Malaysia stock market has finished lower in five straight sessions, shedding more than 35 points or 2.3 percent along the way. The Kuala Lumpur Composite Index new rests just above the 1,480-point plateau and it's expected to open under pressure again on Wednesday.

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