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Malaysia Bourse May Stop The Bleeding On Tuesday
The Malaysia stock market has moved lower in three straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,400-point plateau although it's due for support on Tuesday.
The global forecast for the Asian markets is positive on easing concerns over the health of the financial sector. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
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848 일 전
Tech Shares May Weigh On South Korea Stock Market
The South Korea stock market has finished lower in back-to-back sessions, sinking more than 15 points or 0.6 percent along the way. The KOSPI now rests just beneath the 2,410-point plateau and it may remain stuck in neutral on Tuesday.
The global forecast for the Asian markets is positive on easing concerns over the health of the financial sector. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
The KOSPI finished slightly lower on Monday following losses from the automobile producers, gains from the energy companies and mixed performances from the financials and technology shares.
For the day, the index fell 5.74 points or 0.24 percent to finish at 2,409.22 after trading between 2,395.97 and 2,423.94. Volume was 465.77 million shares worth 8.4 trillion won. There were 555 decliners and 313 gainers.
Among the actives, Shinhan Financial collected 0.87 percent, while KB Financial sank 0.74 percent, Hana Financial shed 0.62 percent, Samsung Electronics slumped 1.43 percent, Samsung SDI gained 0.56 percent, LG Electronics added 0.44 percent, SK Hynix and Kia Motors both tumbled 2.06 percent, Naver retreated 1.58 percent, LG Chem climbed 1.16 percent, Lotte Chemical dipped 0.17 percent, S-Oil rose 0.13 percent, SK Innovation surged 4.51 percent, POSCO soared 3.11 percent, SK Telecom perked 0.10 percent, KEPCO spiked 2.45 percent, Hyundai Mobis added 0.48 percent and Hyundai Motor dropped 0.90 percent.
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848 일 전
Australia Retail Sales Data Due On Tuesday
Australia will on Tuesday see February figures for retail sales, highlighting a light day for Asia-Pacific economic activity.
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848 일 전
Canadian Market Ends On Firm Note
The Canadian market ended on a firm note on Monday, led by gains in energy, consumer staples and utilities sectors.
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848 일 전
Dollar Loses Ground As Risk Sentiment Improves
The U.S. dollar turned in a weak performance on Monday as easing worries about global banking sector woes helped lift sentiment and prompted investors to seek risikier assets such as equities.
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848 일 전
Swiss Market Ends On Strong Note
The Switzerland stock market ended on a strong note on Monday, in line with markets across Europe, as concerns about global banking crisis eased thanks to some positive developments in the sector.
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848 일 전
European Markets Close Higher Amid Easing Concerns Over Banking Sector Woes
European stocks closed higher on Monday amid easing concerns about the banking crisis following the latest developments in the sector.
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848 일 전
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Canadian Dollar Rises On Higher Oil Prices
The Canadian dollar strengthened against its major counterparts in the European session on Monday, as oil prices rose amid easing worries over a banking crisis and comments from Russian President Vladimir Putin that he will station tactical nuclear weapons in Belarus.
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848 일 전
Canadian Market Modestly Higher; Technology, Financials Shares Move Up
The Canadian market is modestly higher a little before noon on Monday, led by gains in technology, financials, energy and consumer staples sections.
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848 일 전
Dollar Retreats As Banking Crisis Weakens Fed's Inflation Combat
The banking crisis that erupted over the past fortnight or more in the U.S. continued to disrupt currency market equations globally in the week ended March 24.
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848 일 전
PRA Group Appoints Vikram Atal To Succeed Kevin Stevenson As President And CEO
PRA Group, Inc. (PRAA) announced Monday that its board of directors has elected longtime board member Vikram Atal as its president and CEO, effective immediately. Atal replaces Kevin Stevenson, who has served as president and CEO since 2017 and is leaving the company.
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848 일 전
Saudi National Bank Chair Al Khudairy Resigns After His Comments On Credit Suisse
The chairman of Saudi National Bank, Ammar Al Khudairy, has resigned days after he commented about Credit Suisse Group AG that allegedly sent the Swiss bank's stock into a tailspin, ending in its subsequent takeover by domestic rival UBS Group. In a statement, Saudi National Bank or SNB, Credit Suisse's largest shareholder, said it has appointed Chief Executive Officer Saeed Mohammed Al Ghamdi...
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848 일 전
Eurozone Bank Lending Growth Weakens In February
Eurozone bank lending to the private sector registered a slower growth in February reflecting weak credit demand amid higher interest rates and subdued economic activity, data from the European Central Bank revealed Monday. The annual growth rate of credit to the private sector slowed to 3.3 percent in February, the slowest since August 2021, from 3.8 percent in January.
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848 일 전
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