Asian Shares Mixed On Bank Contagion Worries

RTTNews | 829 일 전

(RTTNews) - Asian stocks ended Friday's session on a mixed note as investors fretted about the health of U.S. banks and reacted to mixed China data, strong earnings results from Apple and the ECB rate decision. Trading volumes were thin due to holidays in Japan and South Korea.

The dollar traded weak and gold held near record highs ahead of the all-important U.S. jobs report due later in the day that could influence the Federal Reserve's monetary policy path.

Oil prices rebounded but headed for a third straight week of losses on demand worries.

Chinese shares ended lower as data showed a slower pace of recovery in the country's services sector.

China's service activity grew for a fourth straight month, but at a slower pace than March, a private sector survey showed.

The benchmark Shanghai Composite index dropped 0.48 percent to 3,334.50 while Hong Kong's Hang Seng index settled half a percent higher at 20,049.31.

Australian markets eked out modest gains after three consecutive sessions of losses. The benchmark S&P/ASX 200 rose 0.37 percent to 7,220, while the broader All Ordinaries index ended 0.34 percent higher at 7,413.10.

Lender ANZ Group rallied 1.5 percent after reporting strong first-half profit. Gold miners Regis Resources, Northern Star Resources, Evolution Mining and Newcrest climbed 1-2 percent as gold prices steadied near record highs on a weaker dollar.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index fell 0.66 percent to 11,889.01.

U.S. stocks fell for a fourth day running overnight on bank contagion worries after PacWest confirmed that it is reviewing strategic options, including a potential sale. Mixed signals from the Fed on rate hike path also weighed on markets.

On the economic front, weekly jobless claims rose along with labor costs while the trade deficit narrowed in March.

The Dow gave up 0.9 percent to turn slightly negative for 2023 while the S&P 500 declined 0.7 percent and the tech-heavy Nasdaq Composite eased half a percent.

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | 19 분 전

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 27 분 전

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 42 분 전

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | 49 분 전

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 57 분 전

Taiwan Shares May Run Out Of Steam On Tuesday

The Taiwan stock market has moved higher in three straight sessions, rallying more than 685 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,135-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1 시간 27 분 전

Singapore Q2 GDP Climbs 4.4% On Year

Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.

RTTNews | 1 시간 34 분 전

Singapore Bourse May Give Up Support At 4,200 Points

The Singapore stock market has finished lower in two straight sessions, slipping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it may extend its losses on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1 시간 57 분 전

EURUSD	1.1619	GBPUSD	1.34321	AUDUSD	0.65162
USDJPY	148.28	USDCAD	1.37756	USDCHF	0.81108