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Profit Taking Expected For Indonesia Stock Market
The Indonesia stock market has climbed higher in back-to-back sessions, rallying more than 310 points or 5 percent along the way. The Jakarta Composite Index now sits just above the 6,470-point plateau although investors figure to cash in on Thursday.
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Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Thursday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well above the 37,700 level, with weakness in index heavyweights, automakers, exporters and technology stocks partially offset by gains in financial stocks.
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Hang Seng May Hand Back Wednesday's Gains
The Hong Kong stock market has tracked higher in two of three trading days since ethe end of the two-day losing streak in which it has tumbled almost 1,100 points or 4.5 percent. The Hang Seng Index now rests just above the 23,480-point plateau although it figures to see renewed consolidation on Thursday.
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Losses May Accelerate For China Stock Market
The China stock market has moved lower in two straight sessions, although it's given up just 3 points or 0.1 percent in that span. The Shanghai Composite Index now sits just beneath the 3,370-point plateau and it may take further damage again on Thursday.
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Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,000 mark, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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Tech Shares Likely To Weigh On Taiwan Stock Market
The Taiwan stock market turned lower again on Wednesday, one day after ending the two-day losing streak in which it had slumped more than 270 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 22,260-point plateau and the losses may accelerate on Thursday,
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Win Streak Expected To End For Singapore Shares
The Singapore stock market has moved higher in three straight sessions, gathering almost 40 points or 1 percent in that span. The Straits Time Index now sits just above the 3,960-point plateau although it's likely to spin its wheels on Thursday.
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more news
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it may run out of steam on Thursday.
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Japan Stock Market Tipped To Open In The Red
The Japanese stock market has moved higher in back-to-back sessions, advancing more than 350 points or 0.9 percent in that span. The Nikkei 225 now rests just above the 38,025-point plateau although it may be stuck in neutral on Thursday.
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KOSPI Likely To Head South Again On Thursday
The South Korea stock market on Wednesday snapped the two-day losing streak in which it had dropped almost 30 points or 1.2 percent. The KOSPI now sits just above the 2,640-point plateau although it's expected to see renewed consolidation on Thursday.
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China Industrial Profit Data Due On Thursday
China will on Thursday release February figures for industrial profits, highlighting an extremely light day for Asia-Pacific economic activity.
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TSX Ends Moderately Lower On Tariff Jitters
The Canadian market closed weak on Wednesday as concerns about Trump's tariffs and uncertainty about economic growth weighed on sentiment.
Technology, healthcare and materials stocks were the major losers. Communications shares found some support.
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Dollar Rises On Bets Interest Rates Will Likely Stay Higher
The U.S. dollar climbed to a 3-week high on Wednesday, lifted by hawkish comments from Fed officials, who said the trade policies of the government will likely push up inflation and prompt the central bank to keep interest rates higher for longer.
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