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Asian Markets Mostly Lower, Mirrors Global Markets
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and about how much further the central bank will raise rates ahead of next week's US Fed meeting following recent upbeat economic data. Asian Markets closed mixed on Tuesday.
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894 days ago
Sensex, Nifty Set To Follow Wall Street Lower On US Recession Fears
Indian shares may open on a tepid note Wednesday as investors look ahead to the Reserve Bank of India's monetary policy announcement later in the day.
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894 days ago
Losing Streak May Continue For Thai Stock Market
The Thai stock market has moved lower in back-to-back sessions, sinking more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,630-point plateau although it's expected to open in the red on Wednesday.
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894 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Wednesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 falling below the 27,800 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by technology and exporter stocks. Financial stocks were the only bright spot.
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894 days ago
Lower Open Anticipated For Indonesia Stock Market
The Indonesia stock market has moved lower in four straight sessions, slipping more than 180 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 6,890-point plateau and it's predicted to open under pressure again on Wednesday.
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894 days ago
Australian Market Significantly Lower
The Australian stock market is trading significantly lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by technology, financial and energy stocks. Gold miners were the only bright spot after gold prices spiked.
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894 days ago
Hong Kong Stock Market Predicted To Open In The Red
The Hong Kong stock market has tracked lower in two of three trading days since the end of the three-day winning streak in which it had skyrocketed almost 1,450 points or 7.8 percent. The Hang Seng Index now sits just above the 19,440-point plateau and it's looking at a soft start again on Wednesday.
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894 days ago
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Rally May Stall For China Stock Market
The China stock market has moved higher in two straight sessions, collecting more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now rests just above the 3,210-point plateau although it may run out of steam on Wednesday.
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894 days ago
Australia Building Approvals Sink 6.0% In October
The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in Australia, the Australian Bureau of Statistics said on Wednesday - coming in at 15,382.
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894 days ago
Australia GDP Climbs 5.9% On Year In Q3
Australia's gross domestic product expanded 5.9 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday.
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894 days ago
More Pain Predicted For Taiwan Stock Market
The Taiwan stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it jumped more than 450 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 14,730-point plateau and it may take further damage on Wednesday.
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894 days ago
Singapore Bourse May Extend Tuesday's Losses
The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just above the 3,250-point plateau and it's tipped to open in the red again on Wednesday.
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894 days ago
Malaysia Stock Market May Take Further Damage On Wednesday
The Malaysia stock market has finished lower in three consecutive sessions, slipping almost 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,470-point plateau and it's tipped to open in the red again on Wednesday.
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894 days ago
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