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Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Wednesday, adding to the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,900 level, with weakness across most sectors led by index heavyweights and financial stocks.
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More Pain Predicted For Hong Kong Stock Market
The Hong Kong stock market has finished lower in consecutive trading days, slumping almost 450 points or 2 percent along the way. The Hang Seng Index now sits just above the 23,030-point plateau and it's looking at another soft start again on Wednesday.
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Australian Market Slightly Higher
Australian stock market is trading modestly lower on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining and technology stocks.
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Lower Open Called For China Stock Market
The China stock market has finished lower in back-to-back sessions, shedding almost 35 points or 1 percent in that span. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's likely to drop again at Wednesday's open.
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Australia Construction Work Climbs 0.5% In Q4
The value of total construction work done in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.936 billion.
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Tech Shares May Weigh On Taiwan Shares
The Taiwan stock market has finished lower in consecutive trading days, stumbling almost 450 points or 2 percent in that span. The Taiwan Stock Exchange now rests just above the 23,285-point plateau and it's expected to open to the downside on Wednesday.
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Singapore Bourse Tipped To Extend Its Losses
The Singapore stock market has moved lower in two consecutive trading days, slipping almost 15 points or 0.4 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it's looking at another soft start again on Wednesday.
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Losing Streak May Continue For Malaysia Shares
The Malaysia stock market has finished lower in consecutive trading days, slumping almost 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,570-point plateau and it's likely to open under pressure again on Wednesday.
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Japan Shares Tipped To Open In The Red On Wednesday
The Japanese stock market turned lower again on Tuesday, one session after snapping the two-day slide in which it had stumbled almost 600 points or 1.7 percent. The Nikkei 225 now rests just beneath the 38,240-point plateau and it may take further damage on Wednesday.
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KOSPI May Give Up Support At 2,600 Points
The South Korea stock market has moved lower in two straight sessions, sinking almost 25 points or 0.9 percent along the way. The KOSPI now sits just above the 2,630-point plateau and it's expected to open in the red again on Wednesday.
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TSX Ends Modestly Higher As Strong Results Lift Sentiment
The Canadian market closed higher on Tuesday as a firm show by Bank of Montreal thanks to encouraging results, and gains in consumer staples and real estate sectors outweighed weakness in energy, materials and technology sectors.
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Australia Construction Work Data Due On Wednesday
Australia will on Wednesday see Q4 numbers for construction work done, highlighting a busy day for Asia-Pacific economic activity. Construction work is expected to rise 1.0 percent on quarter, easing from 1.6 percent in the three months prior.
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Dollar Drifts Lower On Growth Concerns
The U.S. dollar shed ground on Tuesday on data showing a deterioration in U.S. consumer confidence, and concerns about the potential impact of tariffs on global economic growth.
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