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Japan Data On Tap For Monday
(RTTNews) - Japan is scheduled to see a few reports on Monday, highlighting a very light day for Asian-Pacific economic activity. On tap are current account figures for March and April numbers for bank lending and the Eco Watchers Survey.
The current account is expected to show a surplus of 3.678 trillion yen, down from 4.061 trillion yen in February.
Overall bank lending was up 2.8 percent on year in March, while the Eco Watchers Survey had a score of 45.1.
Finally, the markets in Malaysia, Singapore, Indonesia and Thailand are closed on Monday for Wesak Day.
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Oversold Hang Seng Nonetheless Called Higher Again
The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
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21 minutes ago
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, snapping a six-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,300 level, with weakness across most sectors led by gold miners and energy stocks.
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22 minutes ago
China Bourse May Add To Its Winnings On Thursday
The China stock market has moved higher in three straight sessions, improving almost 65 points or 1.9 percent along the way. The Shanghai Composite Index now rests just above the 3,400-point plateau and it's looking at a higher open again on Thursday.
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36 minutes ago
Taiwan Shares Expected To Open In The Green
The Taiwan stock market has moved higher in four straight sessions, collecting almost 1,250 points or 6.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,780-point plateau and it's likely to open to the upside again on Thursday.
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1h 6min ago
Rebound Anticipated For Singapore Shares
The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,870-point plateau although it may bounce higher again on Thursday.
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1h 36min ago
Malaysia Bourse May See Additional Support
The Malaysia stock market has moved higher in three straight sessions, advancing more than 40 points or 2.7 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may extend its gains again on Thursday.
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2h 6min ago
Mild Rebound Tipped For Japan Stock Market
The Japanese stock market on Wednesday wrote a finish to the four-day winning streak in which it had surged more than 1,400 points or 3.7 percent. The Nikkei 225 now sits just beneath the 38,130-point plateau although it may tick to the upside again on Thursday.
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2h 21min ago
Win Streak May Continue For South Korea Shares
The South Korea stock market has finished higher in three straight sessions, collecting more than 60 points or 2.4 percent in that span. The KOSPI now sits just above the 2,640-point plateau and it's tipped to open to the upside again on Thursday.
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2h 36min ago
