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Higher Open Anticipated For China Stock Market
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had slumped more than 70 points or 2.3 percent. The Shanghai Composite Index now sits just beneath the 3,100-point plateau and it's tipped to open in the green again on Tuesday.
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Additional Support Anticipated For Taiwan Stock Market
The Taiwan stock market bounced higher again on Monday, one session after snapping the four-day winning streak in which it had advanced almost 400 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 16,500-point plateau has positive lead for Tuesday's trade.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has climbed higher in five straight sessions, jumping almost 60 points or 2 percent along the way. The Straits Times Index now sits just shy of the 3,215-point plateau and it may add to its winnings again on Tuesday.
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Malaysia Shares Poised To Halt Losing Streak
The Malaysia stock market has moved lower in back-to-back sessions, although it had given up less than a single point in that span. The Kuala Lumpur Composite Index now rests just shy of the 1,445-point plateau although it may stop the bleeding on Tuesday.
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South Korea Bourse May Extend Monday's Gains
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had risen more than 10 points or 0.4 percent. The KOSPI now sits just above the 2,540-point plateau and it may tick higher again on Tuesday.
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Japan Unemployment Data Due On Tuesday
Japan will on Tuesday release unemployment data for July, headlining a very light day for Asia-Pacific economic activity.
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TSX Ends On Strong Note
The Canadian market turned in a fine performance on Monday, with stocks from various sectors moving higher on sustained buying interest.
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more news
Dollar Subdued Against Major Rivals
The U.S. dollar retreated from 12-week highs, and stayed largely weak against its major counterparts on Monday with investors assessing the prospects for interest rate after Fed Chair Jerome Powell's speech at Jackson Hole last week, and the most recent economic data.
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U.S. Stocks Close Firmly In Positive Territory
U.S. stocks settled firmly in positive territory on Monday despite seeing some wild swings during the course of the day's session.
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Swiss Market Ends Moderately Higher
The Switzerland stock market ended moderately higher on Monday after staying firm right through the day's session, thanks to sustained buying at several frontline counters.
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European Stocks Close Higher As China Stimulus Aids Sentiment
European stocks closed higher on Monday, led by gains in technology sector. Shares from automobile, banking and industrials sectors gained as well.
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Jackson Hole Fears And Cues Drive The Dollar's Surge
The Jackson Hole Economic Symposium and the anxiety about Federal Reserve Chair Jerome Powell's commentary thereat was the overwhelmingly predominant theme for currency markets during the week spanning August 21 to 25.
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AbbVie Submits Applications For New Indication To FDA And EMA For Ulcerative Colitis
Biopharmaceutical company AbbVie, Inc. (ABBV) announced Monday that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for risankizumab (SKYRIZI, 1200 mg intravenous [IV] [induction dose] as well as 180 mg and 360 mg subcutaneous [SC] [maintenance dose]) for the treatment of adult patients with moderately to severely active ulcerative colitis.
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