Berita Forex

The Japanese stock market is notably higher on Tuesday, recouping some of the losses in the previous session, with the Nikkei 225 falling below the 27,600 level, following the broadly positive cues from global markets overnight, driven by gains in technology and financial stocks.

The Indonesia stock market on Monday snapped the two-day losing streak in which it had fallen almost 60 points or 0.8 percent. The Jakarta Composite Index now rests just above the 6,900-point plateau and it's expected to add to its winnings on Tuesday.

Japan's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2022, the Cabinet Office said on Tuesday.

The Australian stock market notably higher on Tuesday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 7,400 level, despite the broadly positive cues from global markets overnight, boosted by gains in energy and technology stocks.

The Hong Kong stock market has finished lower in consecutive trading days, surrendering almost 460 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 21,160-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is positive on optimism over the outlook for interest rates. The European and U.S. markets finished firmly higher and the Asian bourses are expected to open in similar fashion.

The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day losing streak in which it had slipped almost 50 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,280-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is positive on optimism over the outlook for interest rates. The European and U.S. markets finished firmly higher and the Asian bourses are expected to open in similar fashion. The SCI finished modestly higher on Monday following gains from the resource stocks, weakness from the properties and a mixed picture from the financial sector. For the day, the index advanced 23.49 points or 0.72 percent to finish at 3,284.16 after trading between 3,252.63 and 3,285.09. The Shenzhen Composite Index climbed 25.82 points or 1.19 percent to end at 2,190.54. Among the actives, Industrial and Commercial Bank of China shed 0.46 percent, while Bank of China lost 0.62 percent, China Construction Bank fell 0.36 percent, China Merchants Bank fell 0.36 percent, Bank of Communications shed 0.41 percent, China Life Insurance climbed 1.08 percent, Jiangxi Copper advanced 1.01 percent, Aluminum Corp of China (Chalco) improved 0.95 percent, Yankuang Energy dropped 0.96 percent, PetroChina perked 0.19 percent, China Petroleum and Chemical (Sinopec) dipped 0.22 percent, Huaneng Power plunged3.94 percent, China Shenhua Energy sank 0.97 percent, Gemdale strengthened 1.03 percent, Poly Developments retreated 1.33 percent, China Vanke eased 0.06 percent, China Fortune Land declined 1.10 percent, Beijing Capital Development was down 0.37 percent and China Minsheng Bank was unchanged.