Additional Support Called For South Korea Shares

RTTNews | 5時46分前

(RTTNews) - The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

The KOSPI finished sharply higher on Monday following gains from the financial shares, technology stocks, chemical companies and automobile producers. For the day, the index rallied 85.38 points or 2.12 percent to finish at 4,105.93. Volume was 312.4 million shares worth 12.9 trillion won. There were 534 gainers and 340 decliners. Among the actives, Shinhan Financial vaulted 1.68 percent, while KB Financial collected 1.04 percent, Hana Financial jumped 1.84 percent, Samsung Electronics rallied 3.95 percent, Samsung SDI added 0.64 percent, LG Electronics rose 0.40 percent, SK Hynix surged 6.03 percent, Naver climbed 1.06 percent, LG Chem spiked 2.22 percent, Lotte Chemical accelerated 2.95 percent, SK Innovation gained 0.66 percent, POSCO Holdings improved 0.83 percent, SK Telecom shed 0.56 percent, KEPCO lost 0.51 percent, Hyundai Mobis dropped 0.95 percent, Hyundai Motor perked 0.17 percent and Kia Motors was up 0.08 percent.

The lead from Wall Street is positive as the major averages opened higher on Monday and spent all day in the green.

The Dow climbed 227.79 points or 0.47 percent to finish at 48,362.68, while the NASDAQ jumped 121.21 points or 0.52 percent to close at 23,428.83 and the S&P 500 added 43.99 points or 0.64 percent to end at 6,878.49.

The strength on Wall Street came as on continued strength among technology stocks, with companies like Oracle (ORCL) and AI darling and market leader Nvidia (NVDA) leading the charge.

Overall trading activity was subdued, however, with a lack of major U.S. economic data keeping traders on the sidelines. Some traders may also be away as they look to get a head start on the Christmas Day holiday on Thursday.

Crude oil prices surged on Monday as the conflict between the U.S. and Venezuela continue to escalate, while Russia and Ukraine remain heavily engaged. West Texas Intermediate crude for February delivery was up $1.43 or 2.53 percent at $57.95 per barrel.

Australian Market Sharply Extends Early Gains In Mid-market

The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.

RTTNews | 1時22分前

Indian Shares Look Headed For Another Positive Start

It's likely to be a firm start for Indian shares on Tuesday with investors set to track positive cues from Wall Street and Asian markets. A drop in oil prices is also likely to aid sentiment.

RTTNews | 1時30分前

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.

RTTNews | 1時34分前

Canadian Dollar Rises Against U.S. Dollar

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

RTTNews | 2時55分前

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 3時31分前

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.

RTTNews | 3時37分前

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 3時46分前

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | 3時56分前

EURUSD	1.17757	GBPUSD	1.3486	AUDUSD	0.66677
USDJPY	156.278	USDCAD	1.37351	USDCHF	0.7895