Indonesia Bourse May Give Up Support At 6,800 Points

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(RTTNews) - The Indonesia stock market on Tuesday ended the three-day slide in which it had slumped more than 60 points or 0.8 percent. The Jakarta Composite Index now rests just above the 6,810-point plateau, although it's tipped to open in the red on Wednesday.

The global forecast for the Asian markets is cloudy and fairly flat amidst a lack of catalysts. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.

The JCI finished modestly higher on Tuesday following gains from the financial shares, cement stocks and resource companies.

For the day, the index gained 40.08 points or 0.59 percent to finish at 6,811.31.

Among the actives, Bank CIMB Niaga improved 0.77 percent, while Bank Negara Indonesia increased 0.54 percent, Bank Central Asia collected 0.28 percent, Bank Rakyat Indonesia gathered 0.41 percent, Indosat Ooredoo Hutchison climbed 1.13 percent, Indocement soared 4.29 percent, Semen Indonesia strengthened 1.65 percent, Indofood Suskes added 0.40 percent, United Tractors gained 0.66 percent, Astra International jumped 1.67 percent, Energi Mega Persada accelerated 1.71 percent, Astra Agro Lestari shed 0.60 percent, Aneka Tambang surged 4.46 percent, Vale Indonesia rallied 1.95 percent, Timah spiked 2.53 percent, Bumi Resources improved 0.81 percent and Bank Mandiri and Bank Danamon Indonesia were unchanged.

The lead from Wall Street continues to be mixed as the Dow opened higher and stayed that way, the NASDAQ opened lower and stayed that way and the S&P 500 hugged the line all day and finished barely in the red.

The Dow added 98.27 points or 0.29 percent to finish at 33,684.79, while the NASDAQ shed 52.48 points or 0.43 percent to close at 12,031.88 and the S&P 500 eased 0.17 points or 0.00 percent to end at 4,108.94.

A lack of major U.S. economic data kept some traders on the sidelines ahead of the release of several key reports in the coming days.

The Labor Department's report on consumer price inflation in the month of March is due to be released later today and could have a significant impact on the outlook for interest rates.

Crude oil prices surged Tuesday on optimism for additional Chinese economic stimulus after soft inflation data from China created room for its central bank to potentially ease its monetary policy. West Texas Intermediate crude for May delivery surged $1.79 to $81.53 a barrel.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

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Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

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Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

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Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2h 53minuter sedan

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3h 21minuter sedan

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 23minuter sedan

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 38minuter sedan

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3h 41minuter sedan

EURUSD	1.1628	GBPUSD	1.34544	AUDUSD	0.64774
USDJPY	147.79	USDCAD	1.38572	USDCHF	0.80558