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Bargain Hunting Push Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the positive cues from European markets overnight, with traders picking up stocks at a bargain after the recent sell-off in global markets, the worst since 2020. However, traders remain worried about a recession amid bets of bigger interest-rate hikes from major central banks. The Asian markets closed mostly lower on Monday.
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vor 916 Tagen
Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Tuesday, recouping the losses in the previous two-sessions, with the Nikkei 225 moving above the 26,200 mark, following the positive cues from the European markets overnight, with traders picking up stocks at a bargain after the recent sell-off in global markets, the worst since 2020.
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vor 916 Tagen
Thai Stock Market May Find Support On Tuesday
The Thai stock market has moved lower in four straight sessions, slumping more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,560-point plateau although it may halt its slide on Tuesday.
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vor 916 Tagen
Sensex, Nifty Seen Up In Cautious Trade
Indian shares are seen opening higher on Tuesday amid little cues from U.S. stock and bond markets.
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vor 916 Tagen
Indonesia Stock Market May Extend Monday's Gains
The Indonesia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had retreated almost 200 points or 2.9 percent. The Jakarta Composite Index now rests just above the 6,975-point plateau and it's expected to add to its winnings on Tuesday.
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vor 916 Tagen
RBA Minutes: Australia Economy Remains Resilient
Members for the Reserve Bank of Australia's Monetary Policy Board said that the country's economy continues to be resilient in the face of global uncertainties, minutes from the central bank's June 7 meeting revealed on Tuesday - most evidently in the labor market.
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vor 916 Tagen
Australian Market Sharply Higher
The Australian stock market is sharply higher on Tuesday, snapping the seven-session losing streak, with the benchmark S&P/ASX 200 moving above the 7,500 level, following the lack of cues from Wall Street overnight due to a holiday, boosted largely by materials, energy and financial stocks as traders picked up stocks at a bargain after the recent sell-off to 19-month lows.
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vor 916 Tagen
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Additional Support Predicted For Hong Kong Stock Market
The Hong Kong stock market has finished higher in two straight sessions, advancing almost 425 points or 2 percent along the way. The Hang Seng Index now rests just above the 21,160-point plateau and it may add to its winnings on Tuesday.
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vor 916 Tagen
China Stock Market Due For Positive Bounce On Tuesday
The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced almost 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,315-point plateau although it's expected to rebound on Tuesday.
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vor 916 Tagen
Taiwan Stock Market Overdue For Support On Tuesday
The Taiwan stock market has finished lower in eight straight sessions, plummeting more than 1,300 points or 8.3 percent along the way. The Taiwan stock Exchange now rests just above the 15,365-point plateau although it may finally find traction on Tuesday.
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vor 916 Tagen
Rebound Anticipated For Singapore Stock Market
The Singapore stock market headed south again on Monday, one session after ending the seven-day losing streak in which it had slumped more than 135 points or 4.4 percent. The Straits Times Index now rests just beneath the 3,100-point plateau although it's expected to bounce higher again on Tuesday.
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vor 916 Tagen
Malaysia Stock Market Tipped To Open In The Green
The Malaysia stock market has finished lower in two straight sessions, sinking more than 30 points or 2.1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,440-point plateau although it figures to find support on Tuesday.
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vor 916 Tagen
South Korea Stock Market May Snap Losing Streak
The South Korea stock market has finished lower in back-to-back sessions, tumbling more than 60 points or 2.5 percent along the way. Now at a fresh 19-month closing low, the KOSPI rests just above the 2,390-point plateau although it may stop the bleeding on Tuesday.
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vor 916 Tagen
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