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European Shares Seen Up On Improved China Inflation Data
European stocks are seen opening higher on Monday as investors react to improved inflation data from China.
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Sensex, Nifty Open Higher Despite Muted Global Cues
Indian shares opened on a firm note Monday despite muted cues from global markets.
The benchmark S&P BSE Sensex was up 193 points, or 0.3 percent, at 66,792 in early trade while the broader NSE Nifty index was up 67 points, or 0.3 percent, at 19,886.
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Asian Markets Mostly Weak
Asian stock markets is trading mostly lower on Monday, despite the positive cues from global markets on Friday, as recent economic data has led to worries the US Fed may leave rates higher for longer than previously anticipated. The escalating Sino-U.S. tensions and the potentially hawkish remarks by the Bank of Japan governor over the weekend are also weighing on the markets.
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Sensex, Nifty Poised For Flat Open
Indian shares look set to open flat to slightly lower on Monday as investors react to a cautious global market atmosphere. Profit booking after six consecutive sessions of gains may also weigh on markets at open.
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Japanese Market Modestly Lower
The Japanese stock market is modestly lower in choppy trading on Monday after opening in the green, extending the losses in the previous two sessions, with the Nikkei 225 falling below the 32,600 level, despite the positive cues from global markets on Friday, dragged by weakness in technology stocks partially offset by gains in financial stocks.
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Thai Shares Tipped To Bounce Higher Again On Monday
The Thai stock market on Friday snapped the modest two-day winning streak in which it had risen just 2 points or 0.16 percent. The Stock Exchange of Thailand now sits just beneath the 1,550-point plateau although it's likely to see renewed support on Monday.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, extending the losses in the previous four sessions, with the benchmark S&P/ASX 200 staying above the 7,400 level, despite the positive cues from global markets on Friday, dragged by miners and technology stocks, partially offset by small gains in energy and financial stocks.
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Higher Open Anticipated For Indonesia Shares
The Indonesia stock market has tracked lower in two straight sessions, stumbling more than 70 points or 1 percent along the way. The Jakarta Composite Index now sits just beneath the 6,925-point plateau and it's predicted to halt its slide on Monday.
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Hong Kong Shares May Stop The Bleeding On Monday
The Hong Kong stock market has moved lower in four straight sessions, tumbling almost 650 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 18,200-point plateau although it's due for support on Monday.
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China Stock Market Due For Support On Monday
The China stock market has finished lower in two straight sessions, shedding more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now rests just above the 3,115-point plateau although it's likely to open higher on Monday.
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Taiwan Bourse Poised To End Losing Streak
The Taiwan stock market has moved lower in three straight sessions, surrendering more than 210 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just above the 16,575-point plateau although it may stop the bleeding on Monday.
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Japan M2 Money Stock +2.5% On Year In August
The M2 money stock in Japan was up 2.5 percent on year in August, the Bank of Japan said on Monday - coming in at 1,238.6 trillion yen.
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Rebound Predicted For Singapore Stock Market
The Singapore stock market moved lower again on Friday, one session after ending the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits Times Index now sits just above the 3,205-point plateau although it figures to bounce higher again on Monday.
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