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Australian Market Trims Early Gains In Mid-market
The Australian market is trimming early gains in mid-market moves on Thursday, but extends the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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Sensex, Nifty Set To Follow Asian Peers Higher Amid Ukraine Peace Talks
Indian shares may open a tad higher on Thursday as a bond sell-off paused and U.S. President Donald Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.
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Thai Shares Expected To Return To The Downside
Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
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Little Movement Expected For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
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Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.
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Overbought Hang Seng Tipped To Open In The Red
The Hong Kong stock market rebounded hard on Wednesday, one day after snapping the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,860-point plateau although it's looking at a soft start on Thursday.
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Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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Lower Open Called For China Stock Market
The China stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,350-point plateau although it may open in the red on Thursday.
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Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau and it may take further damage on Thursday.
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Japan Producer Prices Rise 0.3% In January
Producer prices in Japan were up 0.3 percent on month in January, the Bank of Japan said on Thursday.
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Singapore Bourse May Hand Back Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,870-point plateau although it's expected to turn lower again on Thursday.
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Renewed Consolidation Expected For Malaysia Stock Market
The Malaysia stock market bounced higher again on Wednesday, one session after snapping the four-day winning streak in which it had advanced more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it figures to head south again on Thursday.
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Japan Shares May Be Stuck In Neutral On Thursday
The Japanese stock market has moved higher in two straight sessions, advancing more than 175 points or 0.4 percent along the way. The Nikkei 225 now sits just above the 38,960-point plateau although it may spin its wheels on Thursday.
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