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Asian Markets Mostly Higher In Cautious Trades
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from global markets overnight, as traders remain cautious ahead of key economic events that are likely to affect the outlook for interest rates. The first decrease in new Covid infections in more than a week in China is generating some positive sentiment. Asian Markets closed mostly higher on Tuesday.
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966 days ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous three sessions, with the Nikkei 225 falling below the 27,900 level, following the mixed cues from global markets overnight, with weakness in technology and financial stocks. Release of domestic data showing a sharper-than-expected dip in industrial production also weighed on market sentiment.
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966 days ago
Lower Open Anticipated For Thai Stock Market
The Thai stock market on Tuesday wrote a finish to the two-day slide in which it had slipped almost 8 points or 0.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,625-point plateau although it may tick lower again on Wednesday.
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966 days ago
Sensex, Nifty May Struggle For Direction On Mixed Global Cues
Indian shares may struggle for direction on Wednesday, as investors await Fed Chair Jerome Powell's speech at a Brookings Institution event later today for additional clues about his thinking on inflation and interest-rate hikes.
Benchmark indexes Sensex and Nifty rose around 0.3 percent each on Tuesday to extend gains for a sixth straight session, while the rupee closed marginally lower at 81.72 per dollar.
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966 days ago
Steady Start Eyed For Indonesia Stock Market
The Indonesia stock market has finished lower in three straight sessions, slipping more than 65 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 7,010-point plateau although it may find traction on Wednesday.
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966 days ago
China Manufacturing PMI Falls To 48.0 In November - NBS
The manufacturing sector in China continued to contract in November, and at a faster pace, the latest survey from the National Bureau of Statistics revealed on Wednesday with a manufacturing PMI score of 48.0.
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966 days ago
Australian Market Modestly Higher, Pares Early Losses
The Australian stock market pares early losses to be modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 7,300 level, following the mixed cues from global markets overnight, with particular strength in mining stocks amid improving base metal prices, partially offset by weakness in energy stocks.
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966 days ago
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Profit Taking May Dent Hang Seng Shares On Wednesday
The Hong Kong stock market on Tuesday halted the two-day losing streak in which it had slumped more than 360 points or 2.1 percent. The Hang Seng Index now sits just above the 18,200-point plateau although investors may cash in on Wednesday.
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966 days ago
China Stock Market May See Soft Start On Wednesday
The China stock market has alternated between positive and negative finishes through the last four days since the end of the two-day winning streak in which it had picked up almost a dozen points or 0.4 percent. The Shanghai Composite Index now rests just shy of the 3,150-point plateau although it's expected to open under pressure again on Wednesday.
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966 days ago
Australia Construction Work Done Rises 2.2% In Q3
The value of construction work done in Australia was up a seasonally adjusted 2.2 percent on quarter in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday - coming in at A$54.787 billion.
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966 days ago
Australia Building Permits Shed 6.0% In October
The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in October, the Australian Bureau of Statistics said on Wednesday - coming in at 15,382.
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966 days ago
Australia Private Sector Credit Rises 0.6% In October
Private sector credit in Australia was up 0.6 percent on month in October, the Reserve Bank of Australia said on Wednesday - in line with expectations and slowing from 0.7 percent in September.
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966 days ago
Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market on Tuesday snapped the two-day slide in which it had dropped almost 230 points or 1.7 percent. The Taiwan Stock Exchange now rests just above the 14,700-point plateau although it's likely to see renewed selling pressure on Wednesday.
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966 days ago
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