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Indonesia Bourse Tipped To Open In The Red
The Indonesia stock market bounced higher again on Tuesday, one day after snapping the two-day winning streak in which it had picked up almost 150 points or 2.2 percent. The Jakarta Composite Index now sits just above the 6,760-point plateau although it's expected to open under pressure again on Wednesday.
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Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Tuesday halted the two-day slide in which it had stumbled almost 500 points or 2.5 percent. The Hang Seng Index now sits just above the 19,785-point plateau although it's expected to see renewed selling pressure on Wednesday.
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China Shares May Take Further Damage On Wednesday
The China stock market has moved lower in three straight sessions, sinking more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above the 3,245-point plateau and it may extend its losing streak on Wednesday.
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Taiwan Bourse May Extend Losing Streak
The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 210 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just above the 15,700-point plateau and it may take further damage on Wednesday.
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Singapore Shares May Run Out Of Steam On Wednesday
The Singapore stock market has moved higher in two straight sessions, gathering more than 40 points or 1.3 percent along the way. The Straits Times Index now rests just above the 3,255-point plateau although the rally may stall on Wednesday.
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Malaysia Stock Market Expected To Be Rangebound On Wednesday
The Malaysia stock market on Tuesday ended the three-day slide in which it had slipped more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,410-point plateau although it may tick lower again on Wednesday.
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South Korea Stock Market May Turn Lower Again On Wednesday
The South Korea stock market on Tuesday halted the two-day slide in which it had fallen more than 15 points or 0.6 percent. The KOSPI now rests just beneath the 2,435-point plateau although it may hand back some of those gains on Wednesday.
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more news
Australia Inflation Data Due On Wednesday
Australia will on Wednesday release February figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. The annual inflation rate is pegged at 7.1 percent, slowing from 7.4 percent in January.
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TSX Ends Marginally Up After Cautious Session
The Canadian market ended marginally up on Tuesday, lifted by gains in energy and materials sectors thanks to firm commodity prices.
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Dollar Extends Recent Losses
The U.S. dollar shed ground against most of its major counterparts on Tuesday, extending recent losses, as demand for the safe-haven currency dropped amid easing worries about a banking crisis.
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Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Tuesday after staying fairly steady right through the day's session.
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Major European Markets Fail To Hold Early Gains, Settle Flat
Despite opening on a firm note and holding in positive territory till noon, the major European markets ended roughly flat on Tuesday, as stocks pared gains and struggled to move higher again as investors awaited further updates on the banking sector front.
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Canadian Market Modestly Higher In Lackluster Trade
The Canadian market is modestly higher a little past noon on Tuesday, riding on strong gains in energy stocks. Several stocks from consumer staples and materials sectors are also notably higher.
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