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Japanese Market Notably Higher
The Japanese stock market is notably higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 31,700 level, following the mixed cues from global markets overnight, with gains across most sectors, led by technology and financial stocks.
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Thai Stock Market May See Additional Support On Tuesday
The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 15 points or 1 percent. The Stock Exchange of Thailand now sits just above the 1,525-point plateau and it may tick higher again on Tuesday.
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Additional Support Predicted For Indonesia Stock Market
The Indonesia stock market on Monday ended the two-day slide in which it had fallen more than 55 points or 0.8 percent. The Jakarta Composite Index now sits just above the 6,865-point plateau and it may pick up steam on Tuesday.
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Higher Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished lower in seven straight sessions, retreating almost 1,650 points or 8.6 percent in that span. The Hang Seng Index now sits just above the 17,620-point plateau and it is overdue for support on Tuesday.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Tuesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling a tad below the 7,100 level, following the mixed cues from global markets overnight, dragged by weakness in iron ore mining and energy stocks.
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China Stock Market May Halt Losing Streak
The China stock market has moved lower in back-to-back sessions, slumping more than 70 points or 2.3 percent along the way. The Shanghai Composite Index now sits just above the 3,090-point plateau although it may stop the bleeding on Tuesday.
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Taiwan Stock Market May Extend Monday's Gains
The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had plunged more than 740 points or 4.5 percent. The Taiwan Stock Exchange now rests just above the 16,380-point plateau and it may see additional support on Tuesday.
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Bargain Hunting Likely To Boost Singapore Shares
The Singapore stock market has moved lower in seven straight sessions, sinking almost 170 points or 5.3 percent along the way. The Straits Times Index now rests just above the 3,150-point plateau although it's overdue for support on Tuesday.
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Mild Upside Seen For Malaysia Stock Market
The Malaysia stock market on Monday ended the two-day slide in which it had slumped almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,450-point plateau and it may extend its gains on Tuesday.
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Tech Shares Figure To Boost South Korea Shares
The South Korea stock market on Monday halted the six-day losing streak in which it had tumbled almost 100 points or 4 percent. The KOSPI now rests just beneath the 2,510-point plateau and it may add to its winnings on Tuesday.
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Taiwan Unemployment Data Due On Tuesday
Taiwan will on Tuesday release jobless figures for July, highlighting a very light day for Asia-Pacific economic activity.
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TSX Ends Marginally Higher For 2nd Straight Day
The Canadian market ended weak on Monday with investors largely making cautious moves, looking ahead to the upcoming speech of Federal Reserve Chair Jerome Powell at the Jackson Home Symposium later in the week.
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Dollar Subdued Against Major Counterparts
The U.S. dollar remained subdued for much of the day's session on Monday, as traders stayed largely cautious, awaiting Fed Chair Jerome Powell's speech at the Jackson Hole Symposium due later this week for more clues about the economy and interest-rate outlook.
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