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Hang Seng May See Renewed Support
The Hong Kong stock market on Friday ended the two-day winning streak in which it had collected almost 180 points or 1.1 percent. The Hang Seng Index now sits just beneath the 17,560-point plateau although it's expected to cut into those losses on Monday.
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Mild Rebound Anticipated For China Stock Market
The China stock market headed south again on Friday, one session after ending the two-day slide in which it had declined almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just above the 3,040-point plateau although it may tick higher again on Monday.
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Taiwan Bourse May Find Traction On Monday
The Taiwan stock market has finished lower in three straight sessions, stumbling almost 130 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 17,290-point plateau although it figures to stop the bleeding on Monday.
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Singapore Bourse May Reclaim 3,100-Point Level
The Singapore stock market has tracked lower in consecutive trading days, slumping more than 20 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,095-point plateau, although it may find traction on Monday.
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Malaysia Shares Expected To Be Rangebound On Monday
The Malaysia stock market on Friday snapped the two-day slide in which it had slipped more than 8 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,455-point plateau and it's likely to remain in that neighborhood again on Monday.
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Mild Upside Tipped For South Korea Stock Market
The South Korea stock market on Friday ended the four-day winning streak in which it had advanced more than 35 points or 1.4 percent. The KOSPI now sits just shy of the 2,500-point plateau although it may inch higher again on Monday.
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Hong Kong Trade Data Due On Monday
Hong Kong will on Monday release October figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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Dollar Loses Ground Against Major Counterparts
With a slew of economic data, including a report on personal income and spending, and the Beige Book likely to provide more clarity about the outlook for U.S. interest rates, the U.S. dollar shed ground against major counterparts on Friday.
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TSX Ends Slightly Down After Another Lackluster Session
The Canadian market ended marginally down on Friday, with stocks once again largely subdued as investors were reluctant to make significant moves due to a lack of triggers.
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Swiss Market Ends Modestly Higher
Save for a few minutes at the start, the Switzerland market stayed firm on Friday to eventually close the day's session modestly higher.
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European Markets Close Higher As Stocks Rise On Late Buying
European markets ended mostly higher on Friday with stocks gaining in strength in afternoon trades with investors digesting corporate earnings and continuing to assess the likely interest-rate path of major central bankers.
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Canadian Market Struggles For Direction
Canadian stocks are turning in a lackluster performance on Friday with investors not making significant moves due to a lack of fresh triggers. With the U.S. market close early today, the volume of business is also rather thin for the second straight session.
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Canadian Dollar Rallies On Strong Retail Sales Data
The Canadian dollar moved up against its major counterparts during the New York session on Friday, as the nation's retail sales rose unexpectedly in September.
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