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Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders cashed in on recent strength in the markets amid lingering concerns about the global economic outlook. Worries about any aggressive tightening by the US Fed faded after data showed a drop in U.S. job openings, and a slump in U.S. manufacturing activity.
RTTNews | vor 699 Tagen
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Wednesday, giving up some of the gains in the previous three sessions, with the Nikkei 225 falling to remain a tad above the 28,000 mark, following the broadly negative cues from Wall Street overnight, with losses across most sectors, led by commodity-linked stocks.
RTTNews | vor 699 Tagen
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Wednesday after opening in the red, extending the gains in the previous seven sessions, with the benchmark S&P/ASX 200 staying above the 7,200 mark, despite the broadly negative cues from Wall Street overnight, boosted by strong gains in gold miners amid a spike in bullion prices.
RTTNews | vor 699 Tagen
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in two straight sessions, slumping more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,595-point plateau and it's tipped to open in the red again on Wednesday.
RTTNews | vor 699 Tagen
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Indonesia Stock Market May Run Out Of Steam On Wednesday

Indonesia Stock Market May Run Out Of Steam On Wednesday

The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 30 points or 0.4 percent along the way. The Jakarta Composite Index now sits just beneath the 6,835-point plateau although the rally may stall of Wednesday.
RTTNews | vor 699 Tagen
Rally May Stall For Singapore Stock Market

Rally May Stall For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, gathering almost 55 points or 1.7 percent along the way. The Straits Times Index now rests just above the 3,310-point plateau although it may run out of steam on Wednesday.
RTTNews | vor 699 Tagen
Malaysia Stock Market Tipped To Open Under Pressure

Malaysia Stock Market Tipped To Open Under Pressure

The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had jumped almost 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,430-point plateau and it may extend its losses on Wednesday.
RTTNews | vor 699 Tagen
KOSPI May Hand Back Tuesday's Gains

KOSPI May Hand Back Tuesday's Gains

The South Korea stock market bounced higher again on Tuesday, one session after snapping the four-day winning streak in which it had advanced almost 65 points or 2.7 percent. The KOSPI now rests just above the 2,480-point plateau although it may open under renewed consolidation on Wednesday.
RTTNews | vor 699 Tagen
New Zealand Rate Decision On Tap For Wednesday

New Zealand Rate Decision On Tap For Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is expected to hike its Official Cash Rate by 25 basis points, from 4.75 percent to 5.00 percent.
RTTNews | vor 699 Tagen

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