Actualités Forex

The Thai stock market has moved higher in back-to-back trading days, gathering more than 40 points or 2.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,590-point plateau although it's tipped to open in the red on Tuesday. The global forecast for the Asian markets suggests mild consolidation amid concerns over growth and sinking oil prices. The European and U.S. markets were slightly lower and the Asian bourses are expected to follow that lead. The SET finished sharply higher on Monday following mixed performances from the financial shares and the energy producers. For the day, the index advanced 16.83 points or 1.07 percent to finish at 1,593.24 after trading between 1,581.23 and 1,596.66. Volume was 20.090 billion shares worth 82256 billion baht. There were 1,170 gainers and 679 decliners, with 357 stocks finishing unchanged. Among the actives, Advanced Info added 0.50 percent, while Thailand Airport improved 1.07 percent, Asset World climbed 1.00 percent, Banpu sank 0.75 percent, Bangkok Bank fell 0.38 percent, Bangkok Dusit Medical advanced 0.93 percent, Bangkok Expressway gained 0.57 percent, B. Grimm soared 3.29 percent, BTS Group strengthened 1.16 percent, CP All Public tanked 2.45 percent, Energy Absolute increased 1.25 percent, IRPC rallied 2.45 percent, Kasikornbank lost 0.68 percent, Krung Thai Bank shed 0.63 percent, Krung Thai Card gathered 0.87 percent, PTT Oil & Retail surged 4.95 percent, PTT perked 1.44 percent, PTT Exploration and Production tumbled 1.85 percent, PTT Global Chemical rallied 2.26 percent, SCG Packaging spiked 0.98 percent, Siam Commercial Bank declined 1.48 percent, Siam Concrete slumped 1.88 percent, Thai Oil was up 0.49 percent, True Corporation gained 0.84 percent, TTB Bank dropped 0.83 percent and Charoen Pokphand Foods and Gulf were unchanged.

The Japanese stock market is sharply lower on Tuesday, giving up all the gains in the previous session, with the Nikkei 225 falling below the 27,600 level, following the mildly negative cues from global markets overnight, with weakness in technology, financial and energy-linked shares.

Indian shares may open a tad lower on Tuesday amid recession jitters and escalating U.S.-China tension over Taiwan.

The Indonesia stock market moved higher again on Monday, one session after snapping the three-day winning streak in which it had picked up almost 100 points or 1.5 percent. The Jakarta Composite Index now sits just beneath the 6,970-point plateau although it may sink lower again on Tuesday.

The total value of owner-occupied home loans in Australia was down a seasonally adjusted 3.3 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at A$20.50 billion.

The Australian stock market is modestly lower on Tuesday, snapping the five-session winning streak, with the benchmark S&P/ASX 200 staying below the 7,000 mark, following the mildly negative cues from global markets overnight, as traders await the Reserve Bank interest rate decision later in the day, with the RBA tipped to raise interest rates by another 50 basis points to a six-year high.