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New Zealand Services Index Data Due On Monday
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(RTTNews) - New Zealand will on Monday see July results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In June, the index score was 50.1.
Also, the markets in Thailand are closed on Monday for the queen's birthday and will re-open on Tuesday.
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Thai Shares Tipped To Move Higher On Monday
The Thai stock market of Friday ended the three-day losing streak in which it had stumbled more than 20 points or 1.8 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's expected to open to the upside again on Monday.
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Indonesia Bourse Poised To Snap Losing Streak
The Indonesia stock market has moved lower in three straight sessions, shedding almost 80 points or 0.9 percent along the way. The Jakarta Composite Index now sits just beneath the 8,610-point plateau although it's due for support on Monday.
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Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 50,400 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
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Hang Seng May Add To Its Winnings On Monday
The Hong Kong stock market has moved higher in three straight sessions, collecting more than 450 points or 1.8 percent in that span. The Hang Seng Index now sits just beneath the 25,700-point plateau and it may see additional support on Monday.
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China Stock Market May See Continued Strength
The China stock market has moved higher in three straight sessions, advancing more than 65 points or 1.6 percent along the way. The Shanghai Composite Index now sits just above the 3,890-point plateau and it has a solid lead for Monday's trade.
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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,650.00 level, with gains across most other sectors led by mining and technology stocks.
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Taiwan Stock Market May Test Resistance At 28,000 Points
The Taiwan stock market on Friday snapped the four-day losing streak in which it had tumbled more than 730 points or 2.7 percent. The Taiwan Stock Exchange now sits just beneath the 27,700-point plateau and it figures to open to the upside again on Monday.
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Singapore Bourse Due For Support On Monday
The Singapore stock market has moved lower in four straight sessions, sinking more than 20 points or 0.4 percent in that span. The Straits Times Index now sits just beneath the 4,570-point plateau although it may stop the bleeding on Monday.
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