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Indonesia Stock Market May Surpass 6,900-Point Barrier
The Indonesia stock market has tracked higher in back-to-back sessions, collecting almost 70 points or 1 percent along the way. The Jakarta Composite Index now rests just beneath the 6,900-point plateau and it's expected to extend its gains on Monday.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday after opening in the green, giving up the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 7,500 level, despite the broadly positive cues from global markets on Friday, with strong gains in technology stocks, more than offset by weakness in mining stocks.
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Mild Upside Seen For Hong Kong Stock Market
The Hong Kong stock market has finished higher in three straight sessions, rallying more than 1,000 points or 4.5 percent along the way. The Hang Seng Index now sits just beneath the 22,690-point plateau and it's predicted to open higher on Monday.
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China Shares Tipped To Return To The Upside On Monday
Ahead of the long break for the Lunar New Year, the China stock market had risen in three straight sessions, collecting more than 60 points or 1.9 percent along the way. The Shanghai Composite Index now rests just shy of the 3,265-point plateau and it's expected to see additional support when it opens on Monday.
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Higher Open Predicted For Taiwan Stock Market
Ahead of the long break for the Lunar New Year, the Taiwan stock market had moved higher in three straight sessions, collecting more than 200 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just above the 14,930-point plateau and it's expected to open in the green when it returns on Monday.
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Singapore Stock Market May See Additional Support
The Singapore stock market has moved higher in four straight sessions, advancing more than 120 points or 3.5 percent along the way. The Straits Times Index now rests just beneath the 3,400-point plateau and it may add to its winnings again on Monday.
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Malaysia Stock Market May Snap Losing Streak On Monday
The Malaysia stock market has finished lower in three straight sessions, although it has eased just 3 points in that span. The Kuala Lumpur Composite Index now rests just beneath the 1,500-point plateau although it may find traction on Monday.
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KOSPI May Test Resistance At 2,500 Points
The South Korea stock market has climbed higher in five straight sessions, collecting almost 115 points or 4.6 percent along the way. The KOSPI now rests just shy of the 2,485-point plateau and it's tipped to open in the green again on Monday.
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New Zealand Has NZ$475 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$475 million in December, Statistics New Zealand said on Monday.
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New Zealand Trade Data Due On Monday
New Zealand will on Monday release December data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Slightly Up
The Canadian stock market ended marginally up on Friday thanks to strong gains in technology and energy sectors.
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Swiss Market Ends Marginally Higher
After swinging between gains and losses for almost the entire duration of the day's session, the Switzerland stock market ended marginally up on Friday.
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European Stocks Close Slightly Higher
European stocks closed slightly higher on Friday, continued to benefit from recent data showing a stronger than expected U.S. GDP growth.
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