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Thai Bourse Tipped To End Losing Streak
The Thai stock market has moved lower in two straight sessions, sinking more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now rests just above the 1,650-point plateau although it may stop the bleeding on Friday.
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Sensex, Nifty Likely To Open On Steady Note
Indian shares may see modest gains at open on Friday after Wall Street stocks broke a four-day losing streak overnight, led by gains in tech and growth stocks.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, recouping the losses in the previous two sessions, with the benchmark Nikkei 225 moving above the 27,400 level, following the broadly positive cues from Wall Street overnight, with gains in technology and exporter stocks, even as the domestic inflation hit the highest in over four-decades.
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Higher Open Predicted For Indonesia Stock Market
The Indonesia stock market on Thursday snapped the three-day losing streak in which it had fallen more than 80 points or 1.2 percent. The Jakarta Composite Index now sits just shy of the 6,840-point plateau and it's expected to add to its winnings on Friday.
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Australian Market Notably Higher
The Australian stock market is notably higher on Friday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 7,300 level, following the broadly positive cues from Wall Street overnight, with gains in technology, energy and financial stocks.
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Hong Kong Shares Tipped To Halt Slide On Friday
The Hong Kong stock market has finished lower in three straight sessions, giving away more than 525 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 20,350-point plateau although it may stop the bleeding on Friday.
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China Stock Market May Stop The Bleeding On Friday
The China stock market has tracked lower in two straight sessions, sinking more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,290-point plateau although it's predicted to find traction on Friday.
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more news
Taiwan Stock Market Poised To Add To Its Winnings On Friday
The Taiwan stock market rebounded on Thursday, one day after snapping the two-day winning streak in which it had advanced more than 80 points or 0.6 percent. The Taiwan Stock Exchange now rests just above the 15,615-point plateau and it's likely to extend those gains on Friday.
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Singapore Stock Market Due For Support On Friday
The Singapore stock market has finished lower in four straight sessions, sinking more than 60 points or 1.9 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau, although it may finally stop the bleeding on Friday.
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Malaysia Stock Market May Find Traction On Friday
The Malaysia stock market has finished lower in back-to-back sessions, slumping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just shy of the 1,460-point plateau although it's due for support on Friday.
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South Korea Shares May See Continued Support
The South Korea stock market bounced higher again on Thursday, one day after snapping the two-day winning streak in which it had gathered just 7 points or 0.3 percent. The KOSPI now rests just shy of the 2,440-point plateau and it's looking at another green light for Friday's trade.
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Japan Inflation Data Due On Friday
Japan will on Friday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was up 0.2 percent on month and 4.0 percent on year; core CPI also rose 4.0 percent on year.
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U.S. Dollar Roughly Flat Amid Choppy Trading
The U.S. dollar has shown a lack of direction over the course of trading on Thursday after trending higher over the past few days.
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