Japan Stock Market May Open In The Red

RTTNews | 62 วันที่ผ่านมา
Japan Stock Market May Open In The Red

(RTTNews) - The Japanese stock market on Thursday ended the two-day winning streak in which it had advanced more than 350 points or 0.9 percent. The Nikkei 225 now rests just beneath the 38,000-point plateau and it may extend its losses on Friday.

The global forecast for the Asian markets suggests mild downside ahead of key inflation data later in the day. The European and U.S. markets saw mild downside and the Asian bourses figure to follow that lead.

The Nikkei finished modestly lower on Thursday following losses from the automobile producers and mixed performances from the financial shares and technology stocks.

For the day, the index dropped 227.32 points or 0.60 percent to finish at 37,799.97 after trading between 37,556.75 and 37,859.06.

Among the actives, Nissan Motor retreated 1.68 percent, while Mazda Motor plunged 5.99 percent, Toyota Motor tanked 2.04 percent, Honda Motor stumbled 2.48 percent, Softbank Group surrendered 3.92 percent, Mitsubishi UFJ Financial advanced 0.90 percent, Mizuho Financial jumped 1.38 percent, Sumitomo Mitsui Financial collected 1.42 percent, Mitsubishi Electric added 0.50 percent, Sony Group rose 0.26 percent, Panasonic Holdings slumped 1.39 percent and Hitachi declined 1.45 percent.

The lead from Wall Street is weak as the major averages opened lower on Thursday and bounced back and forth across the line before finishing modestly lower.

The Dow dropped 155.09 points or 0.37 percent to finish at 42,299.70, while the NASDAQ slumped 94.98 points or 0.53 percent to close at 17,804.03 and the S&P 500 sank 18.89 points or 0.33 percent to end at 5,693.31.

The lower close on Wall Street came amid ongoing concerns about President Donald Trump's trade policies after he announced plans to impose 25 percent tariffs on auto imports.

Traders may also have been reluctant to make significant moves ahead of the release of the Federal Reserve's preferred readings on consumer price inflation later today.

On the U.S. economic front, the Commerce Department said the economy grew slightly faster than estimated in the fourth quarter of 2024. Also, the National Association of Realtors said pending home sales saw a significant rebound in February after plunging to an all-time low in January.

Oil prices moved higher Thursday on supply concerns after data showed a sharp drop in U.S. crude oil inventories last week. West Texas Intermediate Crude oil futures for May closed up $0.19 or about 0.27 percent at $69.84 a barrel.

Closer to home, Japan will release March data for Tokyo-area inflation this morning. In February, overall Tokyo inflation was up 2.9 percent on year, while core CPI rose an annual 2.2 percent.

read more
Australian Market Slightly Trims Early Gains In Mid-market

Australian Market Slightly Trims Early Gains In Mid-market

The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
RTTNews | 40 นาทีที่ผ่านมา
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
RTTNews | 1 ชม. 1 นาทีที่ผ่านมา
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
RTTNews | 1 ชม. 36 นาทีที่ผ่านมา
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is trading sharply higher on Thursday, extending the gains in the previous four sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 2 ชม. 29 นาทีที่ผ่านมา
Thai Shares May Take Further Damage On Thursday

Thai Shares May Take Further Damage On Thursday

The Thai stock market has tracked lower in two straight sessions, slipping almost 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just above the 1,160-point plateau and it's expected to open to the downside again on Thursday.
RTTNews | 2 ชม. 32 นาทีที่ผ่านมา
Lower Open Anticipated For Hong Kong Stock Market

Lower Open Anticipated For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,260-point plateau and it's tipped to open under pressure again on Thursday.
RTTNews | 2 ชม. 47 นาทีที่ผ่านมา
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 2 ชม. 58 นาทีที่ผ่านมา
China Shares May Open Under Pressure On Thursday

China Shares May Open Under Pressure On Thursday

The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
RTTNews | 3 ชม. 2 นาทีที่ผ่านมา