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Asian Markets Track Global Markets Higher
Mirroring the broadly positive cues from global markets overnight, Asian stock markets are trading mostly higher on Thursday, as optimism over the outlook for interest rates into the New Year generated renewed buying interest. However, traders seemed cautious in buying stocks following the recent strength in the markets and also appeared hesitant to cash in on the recent gains.
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581 days ago
Japanese Market Notably Lower
Snapping the four-session winning streak, the Japanese stock market is notably lower on Thursday, despite the broadly positive cues from global markets overnight. The Nikkei 225 is falling to a tad above the 33,500 level, with losses across most sectors led by technology stocks as some traders booked profits after the recent winning streak.
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581 days ago
Sensex, Nifty To Open Tad Higher As Yields Drop On Rate Cut Bets
Indian shares look set to open on a positive note Thursday after Wall Street stocks inched closer to record highs overnight on dovish Fed bets. Trading may turn somewhat volatile later in the day on the eve of the monthly expiry of December month derivative contracts.
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581 days ago
Rebound Anticipated For Thai Stock Market
The Thai stock market on Wednesday ended the nine-day winning streak in which it had surged almost 55 points or 3.6 percent. The Stock Exchange of Thailand now sits just above the 1,410-point plateau although it may bounce higher again on Thursday.
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581 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the gains in the previous session, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is moving to a tad below the 7,600 level to ten-month highs, with gains across most sectors led by mining and technology stocks.
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581 days ago
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, collecting almost 35 points or 0.5 percent along the way. The Jakarta Composite Index now rests just shy of the 7,250-point plateau and it has a positive lead for Thursday's trade.
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581 days ago
Hong Kong Stock Market Expected To Open In The Green On Thursday
The Hong Kong stock market rebounded on Wednesday, one day after snapping the two-day winning streak in which it had picked up more than 110 points or 0.7 percent. The Hang Seng Index now rests just above the 16,620-point plateau and it's predicted to open to the upside again on Thursday.
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581 days ago
more news
China Shares May See Continued Strength On Thursday
The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of four-day losing streak in which it had slumped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 2,915-point plateau and it's expected to open in the green again on Thursday.
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581 days ago
Higher Open Called For Taiwan Stock Market
The Taiwan stock market has climbed higher in four straight sessions, advancing more than 340 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 17,890-point plateau and it's expected to extend its gains again on Thursday.
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581 days ago
Japan Retail Sales Climb 5.3% On Year In November
The value of retail sales in Japan was up 5.3 percent in November, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.819 trillion yen.
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581 days ago
Japan Industrial Output Slips 0.9% In November
Industrial production in Japan was down a seasonally adjusted 0.9 percent on month in November, the Ministry of Economy, Trade and Industry said on Thursday.
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581 days ago
Singapore Stock Market May Add To Its Winnings On Thursday
The Singapore stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had picked up more than 30 points or 1 percent. The Straits Times Index now sits just above the 3,170-point plateau and it may see additional support on Thursday.
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581 days ago
Malaysia Bourse Poised To Extend Wednesday's Gains
The Malaysia stock market on Wednesday ended the four-day slide in which it had dropped almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,455-point plateau and it may add to its winnings on Thursday.
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581 days ago
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