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Forex News
Sensex, Nifty Set To Follow Global Peers Lower
Indian shares look set to open lower on Monday, with PSU banks likely to be in focus ahead of a review of large non-performing assets. Global cues remain weak as recession worries mount.
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1077 days ago
Thai Stock Market May Stop The Bleeding On Monday
The Thai stock market has moved lower in three straight sessions, slumping more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,560-point plateau although it may find traction on Monday.
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1077 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, with the Nikkei 225 staying above the 25,600 level, following the mixed cues from Wall Street on Friday, with materials, technology and energy stocks leading the declines, even as traders continue to be worried about the economic impact of aggressive monetary policy tightening.
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1077 days ago
Indonesia Bourse Predicted To Open In The Green
The Indonesia stock market has alternated between positive and negative finishes through the last four 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 6,935-point plateau although it's expected to rebound again on Monday.
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1077 days ago
Australian Market Slightly Lower
The Australian stock market is slightly lower in choppy trading on Monday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 staying below the 7,500 level, following the mixed cues from Wall Street on Friday, with weakness across most sectors, particularly technology and energy stocks amid tumbling crude oil prices.
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1077 days ago
Additional Support Called For Hong Kong Stock Market
The Hong Kong stock market bounced higher again on Friday, one day after snapping 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 above the 21,075-point plateau and it may add to its winnings on Monday.
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1077 days ago
Mild Upside Predicted For China Stock Market
The China stock market rebounded on Friday, one session after snapping 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 3,315-point plateau and it's looking at a steady start for Monday's trade.
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1077 days ago
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Taiwan Bourse May Finally Snap Losing Streak
The Taiwan stock market has finished lower in seven straight sessions, slumping more than 1,025 points or 6.5 percent along the way. The Taiwan stock Exchange now rests just above the 15,640-point plateau although it may finally stop the bleeding on Monday.
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1077 days ago
Overbought Singapore Stock Market Called Higher On Monday
The Singapore stock market on Friday halted the seven-day losing streak in which it had slumped more than 135 points or 4.4 percent. The Straits Times Index now rests just beneath the 3,100-point plateau and it may extend its gains on Monday.
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1077 days ago
Malaysia Shares May See Positive Bounce On Monday
The Malaysia stock market has alternated between positive and negative finishes through the last four 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 1,455-point plateau although it figures to move higher again on Monday.
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1077 days ago
Rebound Anticipated For South Korea Stock Market
The South Korea stock market headed south again on Friday, one session after snapping the seven-day losing streak in which it had plummeted more than 220 points or 8.4 percent. The KOSPI now rests just above the 2,440-point plateau although it figures to bounce higher again on Monday.
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1077 days ago
New Zealand Services Data Due On Monday
New Zealand will on Monday see May results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In April, the index score was 51.4.
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1077 days ago
TSX Ends Modestly Lower After Volatile Session
The Canadian market ended modestly lower on Friday after stocks turned in a mixed performance in cautious trade as investors assessed the possible impact of the rate hikes by central banks on global growth.
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1079 days ago
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