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Berita Forex
Sensex, Nifty May Follow Global Peers Higher
Indian shares may open on a positive note Wednesday, tracking firm cues from global markets and ahead of weekly options expiry and the RBI's rate decision due this week.
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Japanese Market Slightly Lower
The Japanese stock market is slightly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from global markets overnight. The Nikkei 225 is falling to near the 36,100 level, as traders reacted to some domestic corporate earnings.
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Thai Stock Market May Reclaim 1,400-Point Level
The Thai stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had collected almost 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,395-point plateau and it's expected to tick higher again on Wednesday.
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Higher Open Called For Indonesia Stock Market
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had advanced more than 70 points or 1 percent. The Jakarta Composite Index now sits just beneath the 7,250-point plateau and it's tipped to open in the green on Wednesday.
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Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,600 level, following the broadly positive cues from global markets overnight, with gains across most sectors led by a rebound in mining and energy stocks amid spiking commodity prices.
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Continued Recovery Predicted For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the two-day slide in which it had fallen more than 50 points or 0.5 percent. The Hang Seng Index now rests just above the 16,130-point plateau and it's expected to open to the upside again on Wednesday.
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China Stock Market Tipped To Open In The Green
The China stock market on Tuesday ended the six-day losing streak in which it had plummeted nearly 210 points or 7.7 percent. The Shanghai Composite Index now rests just beneath the 2,790-point plateau and it may see additional support on Wednesday.
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Singapore Bourse Tipped To End Losing Streak
The Singapore stock market has finished lower in two straight sessions, sinking almost 55 points or 1.7 percent along the way. The Straits Times Index now sits just above the 3,125-point plateau although it's due for support on Wednesday.
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South Korea Posts $7.41 Billion Current Account Surplus In December
South Korea saw a current account surplus of $7.41 billion in December, the Bank of Korea said on Wednesday.
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Additional Support Anticipated For Malaysia Stock Market
The Malaysia stock market ticked higher again on Tuesday, one day after ending the two-day winning streak in which it had picked up just 4 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,510-point plateau and it may add to its winnings on Wednesday.
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South Korea Has $7.41 Billion Current Account Surplus
South Korea posted a current account surplus of $7.41 billion in December, the Bank of Korea said on Wednesday.
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South Korea Shares May Find Traction On Wednesday
The South Korea stock market has moved lower in back-to-back sessions, sinking almost 30 points or 1.2 percent along the way. The KOSPI market now rests just above the 2,575-point plateau although it may stop the bleeding on Wednesday.
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Japan Leading Index Data Due On Wednesday
Jaan will on Wednesday see December results for its leading index, highlighting a modest day for Asia-Pacific economic activity. In November, the index fell 1.3 percent on month to a score of 107.6.
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