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Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the mixed cues from global markets on Friday, with gains in energy stocks amid a spike in crude oil prices. Traders are not making any significant moves ahead of the domestic inflation data out on Wednesday.
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Rally May Stall For Indonesia Stock Market
The Indonesia stock market has tracked higher in two straight sessions, gathering more than 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just above the 6,880-point plateau although it may spin its wheels on Monday.
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Hong Kong Stock Market May Spin Its Wheels On Monday
The Hong Kong stock market on Friday halted the three-day slide in which it had slumped more than 480 points or 2.7 percent. The Hang Seng Index now sits just above the 19,075-point plateau although it may be stuck in neutral on Monday.
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China Stock Market May Find Traction On Monday
The China stock market has moved lower in two straight sessions, sinking more than 30 points or 1 percent along the way. The Shanghai Composite Index now sits just shy of the 3,170-point plateau although it's looking at a steady start on Monday.
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Japan Manufacturing PMI Slips To 49.4 In Jul7 - Jibun
The manufacturing sector in Japan continued to contract in July, and at a faster pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.4.
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Taiwan Bourse May Test Support At 17,000 Points
The Taiwan stock market headed south again on Friday, one day after halting the two-day slide in which it had stumbled almost 220 points or 1.3 percent. The Taiwan Stock Exchange now rests just above the 17,030-point plateau and it's expected to inch lower again on Monday.
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Singapore Stock Market May Be Stuck In Neutral On Monday
The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had picked up more than 80 points or 2.5 percent. The Straits Times Index now rests just beneath the 3,280-point plateau and it's expected to see little movement again on Monday.
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Malaysia Stock Market Likely Rangebound Again On Monday
The Malaysia stock market has moved higher in back-to-back sessions, collecting more than 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,410-point plateau and it figures to hold steady in that area again on Monday.
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Australia Manufacturing PMI Improves To 49.6 In July - Judo Bank
The manufacturing sector in Australia continued to contract in July, albeit at a slower pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 49.6.
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Little Movement Expected For South Korea Shares
The South Korea stock market has moved higher in two of three trading days since he end of the two-day slide in which it had fallen more than 20 points or 0.8 percent. The KOSPI now rests just beneath the 2,610-point plateau and it's likely to remain in that neighborhood again on Monday.
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New Zealand June Trade Surplus Has NZ$9 Million
New Zealand posted a merchandise trade surplus of NZ$9 million in June, Statistics New Zealand said on Monday.
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New Zealand Trade Data Due On Monday
New Zealand will on Monday release June figures for imports, exports, trade balance and credit card spending, highlighting a busy day for Asia-Pacific economic activity.
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TSX Ends Session On Firm Note, Gains 1.4% In Week
The Canadian market ended on a firm note on Friday, led by gains in healthcare, communications, energy and consumer staples sectors.
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