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Asian Markets Trading Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as bond yields dropped and most Asian currencies strengthened against the US dollar. Traders also look ahead to a report on US consumer price inflation, which could have a significant impact on the outlook for interest rates. Asian Markets closed mixed on Tuesday.
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931 days ago
Thai Shares Tipped To Build On Tuesday's Gains
The Thai stock market bounced higher again on Tuesday, one session after snapping the two-day winning streak in which it had risen just a single point. The Stock Exchange of Thailand now rests just above the 1,630-point plateau and it's predicted to add to its winnings on Wednesday.
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931 days ago
Sensex, Nifty Set For Steady Start As US Election Results Trickle In
Indian shares are likely to open on a positive note Wednesday as traders return to their desks following a holiday on Tuesday for Guru Nanak Jayanti.
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931 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower in choppy trading on Wednesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 falling just below the 27,800 level, despite the broadly positive cues from global markets overnight, as traders reacted to disappointing quarterly results from some major companies.
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931 days ago
Higher Open Called For Indonesia Stock Market
The Indonesia stock market on Tuesday wrote a finish to the three-day winning streak in which it had advanced more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,050-point plateau, although it's expected to find renewed support on Wednesday.
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931 days ago
China Consumer Prices Rise 2.1% On Year In October
Consumer prices in China were up 2.1 percent on year in October, the National Bureau of Statistics said on Wednesday.
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931 days ago
Australian Market Significantly Higher
The Australian stock market is significantly higher on Wednesday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 7,000 mark, following the broadly positive cues from global markets overnight, led by strong gains in mining stocks amid the spike in metal prices. Energy stocks are also higher despite lower crude oil prices.
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931 days ago
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Positive Bounce Expected For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had climbed more than 1,250 points or 8 percent. The Hang Seng Index now rests just above the 16,550-point plateau although it's expected to move higher again on Wednesday.
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931 days ago
Rebound Called For China Stock Market
The China stock market on Tuesday ended the two-day winning streak in which it had gathered more than 80 points or 2.7 percent. The Shanghai Composite Index now sits just beneath the 3,065-point plateau although it's expected to bounce higher again on Wednesday.
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931 days ago
Australia Building Permits Sink 5.8% In September
The total number of building permits issued in Australia was down a seasonally adjusted 5.8 percent on month in September, the Australian Bureau of Statistics said on Wednesday - coming in at 16,455.
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931 days ago
Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market has moved higher in three straight sessions, advancing more than 360 points or 2.9 percent along the way. The Taiwan Stock Exchange now rests just beneath the 13,350-point plateau and it's looking at another solid start for Wednesday's trade.
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931 days ago
Japan Overall Bank Lending Jumps 2.7% On Year In October
Overall bank lending in Japan was up 2.7 percent on year in October, the Bank of Japan said on Wednesday - coming in at 593.084 trillion yen.
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931 days ago
Singapore Stock Market Has Positive Lead For Wednesday
The Singapore stock market has finished higher in three straight sessions, improving almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,145-point plateau and it's likely to open higher again on Wednesday.
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931 days ago
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