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Bargain Hunting Expected To Lift Hong Kong Shares
The Hong Kong stock market has moved lower in five straight sessions, tumbling more than 750 points or 4.2 percent along the way. The Hang Seng Index now sits just beneath the 18,100-point plateau although it's overdue for support on Tuesday.
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China Stock Market May Add To Its Winnings
The China stock market on Monday snapped the two-day losing streak in which it had slumped more than 40 points or 1.3 percent. The Shanghai Composite Index now rests just above the 3,140-point plateau and it's expected to open in the green again on Tuesday.
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Taiwan Stock Market Poised To Halt Losing Streak
The Taiwan stock market has moved lower in four straight sessions, surrendering more than 350 points or 2.3 percent along the way. The Taiwan Stock Exchange now rests just above the 16,430-point plateau although it may stop the bleeding on Tuesday.
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Singapore Stock Market Expected To Open In The Green
The Singapore stock market has moved higher in two of three trading days since the en of the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,220-point plateau and it's tipped to add to its winnings on Tuesday.
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Additional Support Anticipated For Malaysia Stock Market
The Malaysia stock market on Monday snapped the two-day slide in which it had slipped almost 6 points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,455-point plateau and it may pick up steam on Tuesday.
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Tech Shares Expected To Boost South Korea Stock Market
The South Korea stock market on Monday halted the four-day losing streak in which it had slumped almost 35 points or 1.4 percent. The KOSPI now rests just above the 2555-point plateau and it's expected to extend its gains on Tuesday.
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New Zealand Electronic Card Sales Data Due On Tuesday
New Zealand will on Tuesday release August figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In July, sales were flat on month and up 2.2 percent on year.
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TSX Snaps 4-day Losing Streak, Ends On Firm Note
The Canadian market ended on a firm note on Monday, led by gains in technology, healthcare, materials and financials shares.
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Dollar Loses Ground Against Major Counterparts
The U.S. dollar drifted lower against most of its major counterparts on Monday as traders looked ahead to inflation data that could influence the Federal Reserve's interest rate path.
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Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Monday, despite suffering a mild setback around mid afternoon.
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European Stocks Close Broadly Higher
European stocks closed broadly higher on Monday with investors evincing some buying interest at several frontline counters ahead of release of a slew of key economic data from the U.S., Europe and China.
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Resilient Economy Lifts Dollar To Six-month High
The U.S. dollar surged again in the week ended September 8, rising to levels last seen more than six months before, amidst data that reinforced the resilience of the U.S. economy.
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Novartis Recalls One Lot Of Sandimmune Oral Solution 100 Mg/mL
Novartis AG (NVS) announced Monday it has recalled one lot of its Sandimmune Oral Solution (cyclosporine oral solution, USP), 100 mg/mL in the US due to crystal formation observed in some bottles. The company added that no other Sandimmune formulations are impacted.
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