Berita Valas

The Japanese stock market is sharply lower on Tuesday, extending the losses in the previous two sessions, with the Nikkei 225 falling below the 27,200 level, following the mixed cues from Wall Street overnight, with banking stocks tumbling amid fears that a U.S. banking debacle may follow last week's collapse of Silicon Valley Bank, even though banking regulators have allayed all such fears.

The Thai stock market has finished lower in back-to-back sessions, plunging more than 40 points or 2.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,575-point plateau and it's likely to open in the red again on Tuesday. The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead.

The Indonesia stock market bounced higher again on Monday, one session after ending the modest two-day winning streak in which it had collected more than 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 6,785-point plateau although it may tick lower again on Tuesday. The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead. The JCI finished modestly higher on Monday following mixed performances from the financials and transportation companies, while the resource stocks were soft. For the day, the index added 21.65 points or 0.32 percent to finish at 6,786.96 after trading between 6,727.44 and 6,812.87. Among the actives, Bank Danamon Indonesia tumbled 2.14 percent, while Bank CIMB Niaga collected 0.81 percent, Bank Negara Indonesia eased 0.28 percent, Bank Central Asia climbed 1.18 percent, Bank Mandiri dipped 0.24 percent, Bank Rakyat Indonesia was up 0.21 percent, Indosat Ooredoo Hutchison advanced 1.07 percent, Indocement plummeted 3.92 percent, Semen Indonesia tanked 2.21 percent, United Tractors surged 4.66 percent, Astra International sank 0.84 percent, Astra Agro Lestari rose 0.31 percent, Aneka Tambang retreated 1.60 percent, Vale Indonesia plunged 3.52 percent, Timah surrendered 2.62 percent and Bumi Resources, Indofood Suskes and Energi Mega Persada were unchanged. The lead from Wall Street offers little clarity as the major averages spent most of Monday bouncing back and forth across the unchanged line before finally ending mixed and little changed.

The Australian stock market sharply higher on Tuesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the mixed cues from Wall Street overnight, as traders remain spooked that a U.S. banking debacle may follow last week's collapse of Silicon Valley Bank, even though banking regulators have allayed all such fears.

The Hong Kong stock market on Monday halted the four-day losing streak in which it had plummeted almost 1,300 points or 6.4 percent. The Hang Seng Index now sits just beneath the 19,700-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead.

The China stock market on Monday wrote a finish to the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,270-point plateau although it's predicted to open under pressure on Tuesday. The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead. The SCI finished sharply higher on Monday following gains among the financials and resource and energy stocks, although the properties remained soft. For the day, the index jumped 38.62 points or 1.20 percent to finish at the daily high of 3,268.70 after moving as low as 3,228.12. The Shenzhen Composite Index added 9.25 points or 0.44 percent to end at 2,096.42. Among the actives, Industrial and Commercial Bank of China strengthened 1.38 percent, while Bank of China collected 0.61 percent, China Construction Bank climbed 1.22 percent, China Merchants Bank perked 0.06 percent, Bank of Communications improved 1.20 percent, China Life Insurance jumped 1.76 percent, Jiangxi Copper gathered 1.26 percent, Aluminum Corp of China (Chalco) spiked 2.38 percent, Yankuang Energy advanced 1.05 percent, PetroChina surged 4.41 percent, China Petroleum and Chemical (Sinopec) skyrocketed 6.14 percent, Huaneng Power rose 0.36 percent, China Shenhua Energy soared 3.20 percent, Gemdale retreated 1.36 percent, Poly Developments slumped 1.19 percent, China Vanke was up 0.06 percent and China Fortune Land and China Minsheng Bank were unchanged. The lead from Wall Street offers little clarity as the major averages spent most of Monday bouncing back and forth across the unchanged line before finally ending mixed and little changed.