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Thai Stock Market May Bounce Higher Again On Wednesday
The Thai stock market headed south again on Tuesday, one session after ending the three-day slide in which it had fallen almost 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,530-point plateau although it's likely to rebound again on Wednesday.
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Australia GDP Rises 0.2% In Q2
Australia's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the first quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
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Indonesia Stock Market May Reverse Tuesday's Losses
The Indonesia stock market headed south again on Tuesday, one day after ending the five-day losing streak in which it had stumbled more than 110 points or 1.8 percent. The Jakarta Composite Index now rests just beneath the 6,620-point plateau although it's tipped to open in the green again on Wednesday.
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Australian Market Slightly Higher
The Australian stock market is slightly higher on Wednesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly positive cues from global markets overnight, with gains in miners and technology stocks, partially offset by weakness in energy stocks amid tumbling crude oil prices.
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Higher Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had surged almost 900 points or 5 percent. The Hang Seng Index now rests just beneath the 19,100-point plateau although it may see renewed support on Wednesday.
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Rebound Predicted For China Stock Market
The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 30 points or 0.9 percent. The Shanghai Composite Index now rests just beneath the 3,200-point plateau although it may bounce higher again on Wednesday.
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Taiwan Stock Market May Add To Its Winnings
The Taiwan stock market has moved higher in three straight sessions, gathering more than 250 points or 1.5 percent along the way. The Taiwan Stock Exchange now sits just above the 16,760-point plateau and it's called to open higher again on Wednesday.
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Singapore Bourse May Move Back Above 3,200-Point Level
The Singapore stock market has tracked higher in three straight sessions, collecting more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,190-point plateau and it's poised to add to its winnings again on Wednesday.
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Malaysia Stocks May See Additional Support
The Malaysia stock market on Tuesday ended the four-day losing streak in which it had slumped almost 25 points or 1.5 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,385-point plateau and it may extend its gains on Wednesday.
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Win Streak May Continue For South Korea Shares
Ahead of Tuesday's Memorial Day holiday, the South Korea stock market had moved higher in back-to-back sessions, advancing more than 45 points or 1.8 percent along the way. The KOSPI now sits just above the 2,615-point plateau and it may tick higher again on Wednesday.
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Australia GDP Data On Tap For Wednesday
Australia will on Wednesday release Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity.
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TSX Ends On Firm Note; Technology, Energy Stocks Rally
The Canadian market closed on a firm note on Tuesday, aided by strong gains in technology, energy and financials shares.
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Canadian Market Modestly Higher, Looks Set To End On Positive Note
The Canadian market is modestly higher Tuesday afternoon with technology stocks contributing to the uptick.
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