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Asian Markets Mostly Trade Sharply Lower

Asian Markets Mostly Trade Sharply Lower

Asian stock markets are mostly trading sharply lower on Wednesday, following the sell-off on the Wall Street overnight, as markets in Australia, Japan, South Korea, Hong Kong, Singapore and Taiwan all tumbled. Weak commodity prices, concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts weighed on the markets. Asian markets closed mostly lower on Tuesday.
RTTNews | vor 49 Tagen
Sensex, Nifty Set To Follow Global Peers Lower

Sensex, Nifty Set To Follow Global Peers Lower

Indian shares look set to open lower on Wednesday, tracking a sharp sell-off in global markets as investors fret about an U.S. economic slowdown and look ahead to the release of all-important U.S. jobs data on Friday for potential clues to Federal Reserve rate cuts.
RTTNews | vor 49 Tagen
Japanese Market Sharply Lower; Down 3%

Japanese Market Sharply Lower; Down 3%

The Japanese stock market is trading sharply lower on Wednesday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 3 percent to below the 37,500 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | vor 49 Tagen
Thai Stock Market To Remain Rangebound On Wednesday

Thai Stock Market To Remain Rangebound On Wednesday

The Thai stock market has alternated between positive and negative finishes through the last six trading days in which it had picked up more than 40 points or 3 percent. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau and it figures to head south again on Wednesday.
RTTNews | vor 49 Tagen
China Services Sector Ebbs In August - Caixin

China Services Sector Ebbs In August - Caixin

The services sector in China continued to expand in August, albeit at a slower pace, the latest survey from Caixin revealed on Wednesday with a services PMI score of 51.6.
RTTNews | vor 49 Tagen
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Australia GDP Expands 0.2% In Q2

Australia GDP Expands 0.2% In Q2

Australia's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the second quarter of 2024, the Australian Bureau of Statistics said on Wednesday - in line with expectations and accelerating from 0.1 percent in the previous quarter.
RTTNews | vor 49 Tagen
Indonesia Bourse May Give Up Support At 7,600 Points

Indonesia Bourse May Give Up Support At 7,600 Points

The Indonesia stock market on Tuesday snapped the two-day winning streak in which it had advanced almost 70 points or 0.9 percent. The Jakarta Composite Index now sits just above the 7,615-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | vor 49 Tagen
Lower Open Predicted For Hong Kong Stock Market

Lower Open Predicted For Hong Kong Stock Market

The Hong Kong stock market has moved lower in two straight sessions, slumping almost 340 points or 2 percent in that span. The Hang Seng Index now sits just above the 17,650-point plateau and it's likely in store for more pain on Wednesday.
RTTNews | vor 49 Tagen
Australian Market Sharply Lower

Australian Market Sharply Lower

Australian shares are trading sharply lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,000 mark, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by mining and energy stocks amid tumbling commodity prices.
RTTNews | vor 49 Tagen
China Stock Market Tipped To Open In The Red

China Stock Market Tipped To Open In The Red

The China stock market has finished lower in consecutive trading days, surrendering almost 40 points or 1.4 percent along the way. The Shanghai Composite Index now sits just above the 2,800-point plateau and it's likely to extend its losses again on Wednesday.
RTTNews | vor 49 Tagen

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