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Forex News
Sensex, Nifty Seen Flat On Optimism About Domestic Economy
Indian shares are seen opening largely unchanged Friday on the back of optimism that India is better placed to avoid the pitfalls of stagflation despite global headwinds.
"Domestic economic activity has been gaining traction in spite of formidable headwinds from external developments," the Reserve Bank of India (RBI) said in its monthly bulletin.
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1077 days ago
Continued Consolidation Called For Thai Stock Market
The Thai stock market has finished lower in back-to-back sessions, slumping more than 40 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and it's expected to open under pressure again on Friday.
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1077 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Friday, giving up the gains in the previous session, with the benchmark Nikkei 225 falling 600 points to stay above the 25,800 level, following the broadly negative cues overnight from global markets, with losses across all sectors amid global recession fears and ahead of the Bank of Japan's monetary policy decision later in the day.
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1077 days ago
Indonesia Shares Likely To Open In The Red
The Indonesia stock market has finished higher in two of three trading days since the end of the three-day slide in which it had retreated almost 200 points or 2.9 percent. The Jakarta Composite Index now rests just above the 7,050-point plateau although it's expected to turn lower again on Friday.
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1077 days ago
Australian Market Tumbles To 19-month Low
The Australian stock market is sharply lower on Friday, extending the losses in the previous five sessions, with the benchmark S&P/ASX 200 sinking to 19-month lows to stay above the 6,400 level, following the broadly negative cues overnight from global markets on recession fears, dragged by weakness across most sectors, particularly technology stocks. Gold miners were the only bright spot.
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1077 days ago
Singapore Non-Oil Domestic Exports Jump 3.2% In May
Non-oil domestic exports in Singapore were up 3.2 percent on month in May, Enterprise Singapore said on Friday.
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1077 days ago
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market on Thursday halted the two-day winning streak in which it had collected more than 240 points or 1.1 percent. The Hang Seng Index now rests just beneath the 20,850-point plateau and it may take further damage again on Friday.
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1077 days ago
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China Stock Market Tipped To Extend Thursday's Losses
The China stock market on Thursday halted the two-day winning streak in which it had advanced almost 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,285-point plateau and the losses may accelerate on Friday.
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1077 days ago
No Help Yet For Taiwan Stock Market
The Taiwan stock market has finished lower in six straight sessions, slumping more than 825 points or 5.2 percent along the way. The Taiwan stock Exchange now rests just beneath the 15,840-point plateau and it's looking at another soft start for Friday's trade.
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1077 days ago
Singapore Stock Market Expected To Extend Losing Streak
The Singapore stock market has finished lower in seven straight sessions, sinking more than 135 points or 4.4 percent along the way. The Straits Times Index now rests just beneath the 3,100-point plateau and it's predicted to open in the red again on Friday.
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1077 days ago
Renewed Consolidation Anticipated For Malaysia Stock Market
The Malaysia stock market has finished higher in two of three trading days since the end of the eight-day losing streak in which it had lost more than 100 points or 6.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,470-point plateau although it figures to head south again on Friday.
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1077 days ago
South Korea Bourse Tipped To Hand Back Thursday's Gains
The South Korea stock market on Thursday ended the seven-day losing streak in which it had plummeted more than 220 points or 8.4 percent to a 19-month closing low. The KOSPI now rests just above the 2,450-point plateau although it figures to turn emphatically lower again on Friday.
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1077 days ago
New Zealand Manufacturing Sector Accelerates In May - BusinessNZ
The manufacturing sector in New Zealand continued to expand in May, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 52.9.
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1077 days ago
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