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Sensex, Nifty Seen Tad Higher At Open On Firm Asian Cues
Indian shares look set to open flat to slightly higher on Monday, as better than expected U.S. jobs data allayed fears of a global economic slowdown but stirred anxiety over the pace of future rate increases.
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Japanese Market Slightly Higher
The Japanese stock market is slightly higher on Monday, recouping some of the losses in the previous session, with the Nikkei 225 moving above the 27,800 level, following the mixed cues from Wall Street on Friday, as traders remain concerned about the outlook for interest rates following data that showed stronger-than-expected US jobs data.
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Losing Streak May Continue For Indonesia Stock Market
The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,020-point plateau and it's predicted to open under pressure again on Monday.
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China Services PMI Slips To 46.7 In November - Caixin
The services sector in China continued to contract in November, and at a faster pace, the latest survey from Caixin said on Monday with a PMI score of 46.7.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following mixed cues from Wall Street on Friday, with the gains led by strength in major miners amid a spike in iron ore prices. Energy stocks are also higher, while technology stocks are weak.
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More Profit Taking Likely For Hong Kong Shares
The Hong Kong stock market on Friday snapped the three-day winning streak in which it had skyrocketed almost 1,450 points or 7.8 percent. The Hang Seng Index now sits just above the 18,675-point plateau and it's looking at another soft start again on Monday.
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Singapore Private Sector Slows In November - S&P Global
The private sector in Singapore continued to expand in November, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 56.2.
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Hong Kong Private Sector Contracts Further In November - S&P Global
The private sector in Hong Kong continued to contract in November, and at a faster pace, the latest survey from S&P Global said on Monday with a PMI score of 48.7.
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Lower Open Predicted For China Stock Market
The China stock market on Friday ended the three-day winning streak in which it had advanced more than 85 points or 2.8 percent. The Shanghai Composite Index now rests just above the 3,155-point plateau and it's expected to open under pressure again on Monday.
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Japan Services PMI Ebbs In November - Jibun Bank
The services sector in Japan continued to expand in November, albeit at a slower rate, the latest survey from Jibun Bank revealed on Monday with a PMI score of 50.3.
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Australia Company Gross Operating Profits Tumble 12.4% In Q3
Gross operating profits for Australian companies plunged a seasonally adjusted 12.4 percent on quarter in the third quarter of 2022, the Australian Bureau of Statistics said on Monday.
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Taiwan Shares May Take Further Damage On Monday
The Taiwan stock market on Friday ended the three-day winning streak in which it jumped more than 450 points or 3.1 percent. The Taiwan Stock Exchange now rests just above the 14,970-point plateau and it may extend its losses on Monday.
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Singapore Bourse Tipped To Open Under Pressure
The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,260-point plateau and it may take further damage on Monday.
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