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Japanese Market Sharply Higher
Extending the gains in the previous three sessions, the Japanese stock Market is trading sharply higher on Thursday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 39,900 level after breaching the 40,000 mark earlier, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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Higher Open Anticipated For Thai Stock Market
The Thai stock market has finished lower in two straight sessions, slipping almost 9 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau although it's expected to open to the upside on Thursday.
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Indonesia Stock Market May Crack Resistance At 7,500 Points
The Indonesia stock market has moved higher in four straight sessions, gathering almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,460-point plateau and it's expected to open in the green again on Thursday.
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Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday after opening well in the green, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,400 level, as upbeat domestic jobs data dim hopes for an early interest rate cut in early 2025.
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Hong Kong Bourse Tipped To End Losing Streak
The Hong Kong stock market has moved lower in consecutive trading days, surrendering more than 250 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 20,150-point plateau although it may find traction on Thursday.
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China Stock Market May Add To Its Winnings On Thursday
The China stock market has finished higher in two straight sessions, collecting nearly 30 points or 0.9 percent along the way. The Shanghai Composite now sits just above the 3,430-point plateau and it may see additional support again on Thursday.
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Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday.
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Tech Shares Expected To Boost Taiwan Stock Market
The Taiwan stock market has finished lower in two straight sessions, shedding almost 360 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just above the 22,900-point plateau although it's due for support on Thursday.
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Rebound Expected For Singapore Stock Market
The Singapore stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen almost 30 points or 0.8 percent. The Straits Times Index now rests just above the 3,790-point plateau although it figures to bounce higher again on Thursday.
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Malaysia Bourse May Find Traction On Thursday
The Malaysia stock market has ticked lower in four straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Thursday.
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Japan Stock Market Tipped To Open In The Green
The Japanese stock market has tracked higher in three straight sessions, advancing more than 275 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 39,370-point plateau and it may extend its gains again on Thursday.
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South Korea Stock Market May Extend Winning Streak
The South Korea stock market has moved higher in back-to-back sessions, improving more than 80 points or 3.3 percent along the way. The KOSPI now sits just above the 2,440-point plateau and it may add to its winnings again on Thursday.
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TSX Closes Moderately Higher As Resources, Technology Stocks Post Strong Gains
The Canadian market closed on a firm note on Wednesday, lifted by gains in materials, energy and technology sectors. The Bank of Canada's decision to lower interest rates by 50 basis points, and expectations of a 25 bps cut by the Federal Reserve next week helped underpin sentiment.
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