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Thai Stock Market Poised To Snap Losing Streak
The Thai stock market has moved lower in two straight sessions, slipping more than 8 points or 0.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,440-point plateau although it's due for support on Wednesday.
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Indonesia Shares May Bounce Higher Again On Wednesday
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau although it's expected to open to the upside again on Wednesday.
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Australian Market Notably Higher
Australian stock market is trading notably higher on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving to a tad below the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and energy stocks.
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Hang Seng May Add To Its Winnings On Wednesday
The Hong Kong stock market on Tuesday ended the three-day slide in which it had stumbled more than 550 points or 3 percent. The Hang Seng Index now sits just beneath the 19,160-point plateau and it may extend its gains on Wednesday.
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Higher Open Called For China Stock Market
The China stock market has moved lower in three straight sessions, slipping just 10 points or 0.3 percent in that span. The Shanghai Composite now sits just beneath the 3,260-point plateau although it's likely to halt its slide on Wednesday.
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Australia Construction Work Climbs 1.6% In Q3
The value of construction work done in Australia was up a seasonally adjusted 1.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.344 billion.
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Renewed Support Anticipated For Taiwan Stock Market
The Taiwan stock market on Tuesday snapped the two-day winning streak in which it had jumped almost 400 points or 1.8 percent. The Taiwan Stock Exchange now rests just beneath the 22,680-point plateau although it's expected to bounce higher again on Wednesday.
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Singapore Shares: Support Expected At 3,700 Points
The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,710-point plateau although it's expected to stop the bleeding on Wednesday.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting almost 16 points or 1.1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it may add to its winnings on Wednesday.
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Rebound Tipped For South Korea Stock Market
The South Korea stock market on Tuesday ended the two-day winning streak in which it had advanced more than 50 points or 2 percent. The KOSPI now sits just above the 2,520-point plateau although it's expected to see renewed support on Wednesday.
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New Zealand Interest Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
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TSX Edges Down Marginally
The Canadian market ended down on Tuesday as trade war fears resurfaced after U.S. President-elect Donald Trump threatened that he will impose 25% tariffs on imports from Canada, Mexico and China.
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Dollar Rises After Trump Tariff Threats, But Pares Gains Against Some Major Counterparts
After a mild setback during the fag end of the European session, the U.S. dollar edged higher in the New York session on Tuesday with investors assessing the impact of President-elect Donald Trump's pledge to impose tariffs on all imports from Mexico, Canada and China.
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