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Overbought Hang Seng Called Higher On Friday
The Hong Kong stock market has moved higher in three straight sessions, accelerating almost 1,150 points or 5.4 percent along the way. The Hang Seng Index now sits just beneath the 20,050-point plateau and it's looking at a green light again for Friday's trade.
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China Stock Market May Flirt With 3,300-Point Mark
The China stock market has climbed higher in three straight sessions, gathering more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,285-point plateau and it's looking at continued support on Friday.
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Japan Manufacturing PMI Improves To 48.6 In March - Jibun
The manufacturing sector in Japan continued to contract in March, albeit at a slower pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 48.6.
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Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has climbed higher in three straight sessions, jumping more than 440 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 15,860-point plateau and it's tipped to open in the green again on Friday.
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Singapore Shares May Tick Higher On Friday
The Singapore stock market on Thursday ended the two-day winning streak in which it had accelerated more than 80 points or 2.7 percent. The Straits Times Index now rests just beneath the 3,220-point plateau although it may rebound on Friday.
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Japan Annual Inflation Rate Slows To 3.3% In February
Overall consumer prices in Japan were up 3.3 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday.
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Mild Upside Seen For Malaysia Stock Market
The Malaysia stock market on Thursday ended the modest two-day winning streak in which it had picked up more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although it's poised to tick higher again on Friday.
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South Korea Shares Poised To Extend Winning Streak
The South Korea stock market has finished higher in three straight sessions, gathering almost 45 points or 1.7 percent along the way. The KOSPI now rests just beneath the 2,425-point plateau and it may add to its winnings again on Friday.
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Australia Manufacturing Sector Falls Into Contraction - Judo Bank
The manufacturing sector in Australia slipped into contraction territory in March, the preliminary survey from Judo Bank revealed on Friday with a manufacturing PMI score of 48.7.
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Japan Inflation Data Due On Friday
Japan will on Friday release February data for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In January, overall inflation was up 0.5 percent on month and 4.3 percent on year, while core CPI rose an annual 4.2 percent.
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TSX Ends Weak As Energy, Financials Stocks Post Losses
After staying positive till around mid afternoon, the Canadian market retreated and closed weak on Thursday, led by losses in energy and financials shares.
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Swiss Market Ends Weak After SNB Hikes Rates
Switzerland stock market ended on a weak note on Thursday as investors digested Swiss National Bank's interest rate decision.
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European Stocks Close Broadly Lower After BoE, SNB Raise Interest Rates
Despite recovering from the day's lows, European stocks closed on a weak note on Thursday as investors weighed how the interest rate hikes by the Federal Reserve, the Bank of England and Swiss National Bank might impact economic growth over the near to medium term.
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