Sensex, Nifty Seen Opening On Flat Note

RTTNews | 62天前

(RTTNews) - Indian shares look set to open on a sluggish note on Tuesday, with rising oil prices, continued capital outflows and concerns over U.S. trade policies likely to trigger some profit taking after big gains in the previous session.

U.S. President Donald Trump has announced that his administration will impose 25 percent tariffs on all medium and heavy-duty trucks coming into the United States from other countries starting on November 1.

The tariffs will cover a wide range of larger vehicles, including delivery trucks, garbage trucks, public utility trucks, transit and shuttle buses, school buses, semi-trucks, and other heavy-duty vocational vehicles.

In another development, Trump said he was happy to work with Democrats on healthcare policy, but the government shutdown must end first.

Benchmark indexes Sensex and Nifty jumped around 0.7 percent each on Monday to extend gains for a third consecutive session, with IT stocks and financials leading the surge, ahead of a busy quarterly earnings season.

The rupee consolidated in a narrow range before settling 3 paise lower at a record low of 88.82 against the U.S. dollar.

Asian markets were mixed this morning in thin holiday trade. The Japanese yen weakened to a two-month low against the dollar amid expectations that Liberal Democratic Party candidate Sanae Takaichi will pursue a more expansionist administration.

Gold hit a new record high above $3,965 per ounce, extending gains for a third straight session against the backdrop of U.S. economic uncertainties, geopolitical tensions and expectations of further interest rate cuts by the Federal Reserve.

Oil extended gains after rising over 1 percent in the previous session following a modest OPEC+ production hike.

The tech-heavy Nasdaq Composite climbed 0.7 percent and the S&P 500 added 0.4 percent to reach new record closing highs.

The narrower Dow slipped 0.1 percent as the federal government shutdown dragged on for a sixth day, delaying the release of key economic indicators.

European stocks fell broadly on Monday as France faced a major political crisis following the resignation of newly appointed Prime Minister Sebastien Lecornu, just hours after unveiling his cabinet.

The pan-European Stoxx 600 closed flat with a negative bias. The German DAX and the U.K.'s FTSE 100 both finished marginally lower while France's CAC 40 tumbled 1.4 percent.

Canadian Dollar Falls Against U.S. Dollar

The Canadian dollar declined against the U.S. dollar in the New York session on Monday.

RTTNews | 1小時24分鐘前

Indonesia Bourse Likely To Remain Rangebound On Tuesday

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up almost 110 points or 1.3 percent. The Jakarta Composite Index now sits just above the 8,710-point plateau although it's expected to open under pressure on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The JCI finished modestly higher on Monday following gains from the telecom, resource and energy companies, while the financials were mixed and the cement stocks were down. For the day, the index advanced 77.93 points or 0.90 percent to finish at 8,710.70 after trading between 8,642.06 and 8,720.09. Among the actives, Bank CIMB Niaga was down 0.28 percent, while Bank Mandiri climbed 1.02 percent, Bank Danamon Indonesia dropped 0.80 percent, Bank Negara Indonesia added 0.47 percent, Bank Rakyat Indonesia collected 0.55 percent, Indosat Ooredoo Hutchison vaulted 3.83 percent, Indocement sank 0.72 percent, Semen Indonesia lost 0.69 percent, Indofood Sukses Makmur tumbled 1.76 percent, United Tractors plunged4.86 percent, Astra International rose 0.37 percent, Energi Mega Persada skyrocketed 18.67 percent, Astra Agro Lestari fell 0.31 percent, Aneka Tambang rallied 2.06 percent, Vale Indonesia spiked 2.57 percent, Timah shed 0.63 percent, Bumi Resources surged 5.88 percent and Bank Central Asia was unchanged.

RTTNews | 1小時29分鐘前

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 50,500 level, with weakness in index heavyweights and a mixed performance across most other sectors.

RTTNews | 1小時35分鐘前

Hong Kong Shares May Take Further Damage On Tuesday

The Hong Kong stock market on Monday ended the two-day winning streak in which it had climbed more than 325 points or 1.3 percent. The Hang Seng Index now sits just above the 25,760-point plateau and it's expected to open to the downside again on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The Hang Seng finished sharply lower on Monday following losses from the financial shares, property stocks and technology companies. For the day, the index stumbled 319.72 points or 1.23 percent to finish at 25,765.36 after trading between 25,755.01 and 26,151.46. Among the actives, Alibaba Group declined 1.03 percent, while Alibaba Health Info skidded 0.92 percent, ANTA Sports cratered 2.69 percent, China Life Insurance fell 0.57 percent, China Mengniu Dairy dropped 0.82 percent, China Resources Land tumbled 1.55 percent, CITIC lost 0.65 percent, CNOOC tanked 2.26 percent, CSPC Pharmaceutical plunged 2.85 percent, Galaxy Entertainment added 0.70 percent, Haier Smart Home stumbled 1.77 percent, Hang Lung Properties retreated 1.44 percent, Henderson Land retreated 1.71 percent, Hong Kong & China Gas slumped 0.97 percent, Industrial and Commercial Bank of China plummeted 3.48 percent, JD.com shed 0.68 percent, Lenovo sank 0.80 percent, Li Auto was down 0.36 percent, Li Ning and Xiaomi Corporation both slipped 0.47 percent, Meituan gained 0.45 percent, New World Development climbed 1.13 percent, Nongfu Spring surrendered 2.12 percent, Techtronic Industries crashed 2.29 percent and WuXi Biologics advanced 0.98 percent.

RTTNews | 1小時44分鐘前

Rally May Stall For China Stock Market

The China stock market has moved higher in back-to-back sessions, advancing almost 50 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above the 3,920-point plateau although it may be stuck in neutral on Tuesday.

RTTNews | 1小時59分鐘前

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,600 level, with a mixed performance across most sectors ahead of the domestic interest rate decision later in the day.

RTTNews | 2小時6分鐘前

Taiwan Stock Market Due For Profit Taking

The Taiwan stock market has moved higher in five straight sessions, gathering almost 950 points or 3.5 percent along the way. The Taiwan Stock Exchange now sits just above the 28,300-point plateau although investors figure to lock in gains on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The TSE finished sharply higher on Monday following gains from the financial shares and technology stocks. For the day, the index rallied 322.89 points or 1.15 percent to finish at the daily high of 28,303.78 after trading as low as 28,026.39. Among the actives, Cathay Financial collected 0.44 percent, while Mega Financial sank 0.73 percent, CTBC Financial dipped 0.16 percent, First Financial rose 0.36 percent, Fubon Financial added 0.63 percent, E Sun Financial soared 4.40 percent, Taiwan Semiconductor Manufacturing Company rallied 2.40 percent, United Microelectronics Corporation improved 0.82 percent, Hon Hai Precision gained 0.43 percent, Largan Precision tumbled 1.87 percent, Catcher Technology tanked 2.98 percent, MediaTek climbed 1.05 percent, Novatek Microelectronics shed 0.52 percent, Formosa Plastics lost 0.59 percent, Asia Cement perked 0.13 percent and Delta Electronics and Nan Ya Plastics were unchanged. The lead from Wall Street is weak as the major averages opened mixed but quickly headed south and spent the balance of the session well under water.

RTTNews | 2小時29分鐘前

Singapore Bourse May Give Up Support At 4,500 Points

The Singapore stock market has tracked lower in three straight sessions, slipping almost 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,500-point plateau and it's expected to open in the red again on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The STI finished modestly lower on Monday following losses from the financial shares, property stocks and industrial issues. For the day, the index shed 24.28 points or 0.54 percent to finish at 4,507.08 after trading between 4,502.88 and 4,534.44. Among the actives, CapitaLand Ascendas REIT slumped 0.72 percent, while CapitaLand Integrated Commercial Trust plunged 1.72 percent, City Developments declined 0.96 percent, Comfort DelGro surrendered 1.39 percent, DBS Group fell 0.35 percent, DFI Retail Group plummeted 2.20 percent, Hongkong Land and SembCorp Industries both tanked 1.50 percent, Keppel DC REIT and SingTel both lost 0.44 percent, Keppel Ltd stumbled 1.27 percent, Mapletree Pan Asia Commercial Trust and UOL Group both skidded 0.70 percent, Mapletree Industrial Trust sank 0.49 percent, Oversea-Chinese Banking Corporation retreated 1.00 percent, SATS dropped 0.58 percent, Seatrium Limited shed 0.47 percent, Singapore Technologies Engineering added 0.24 percent, United Overseas Bank slipped 0.23 percent, Venture Corporation climbed 1.14 percent, Yangzijiang Shipbuilding tumbled 1.17 percent and Wilmar International, Yangzijiang Financial, Genting Singapore, Thai Beverage, CapitaLand Investment, Mapletree Logistics Trust and Frasers Centrepoint Trust were unchanged.

RTTNews | 2小時59分鐘前

EURUSD	1.16467	GBPUSD	1.33305	AUDUSD	0.66251
USDJPY	155.797	USDCAD	1.38497	USDCHF	0.80627