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Higher Open Called For Indonesia Stock Market
The Indonesia stock market on Tuesday wrote a finish to the three-day winning streak in which it had advanced more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,050-point plateau, although it's expected to find renewed support on Wednesday.
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China Consumer Prices Rise 2.1% On Year In October
Consumer prices in China were up 2.1 percent on year in October, the National Bureau of Statistics said on Wednesday.
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Australian Market Significantly Higher
The Australian stock market is significantly higher on Wednesday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 7,000 mark, following the broadly positive cues from global markets overnight, led by strong gains in mining stocks amid the spike in metal prices. Energy stocks are also higher despite lower crude oil prices.
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Positive Bounce Expected For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had climbed more than 1,250 points or 8 percent. The Hang Seng Index now rests just above the 16,550-point plateau although it's expected to move higher again on Wednesday.
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Rebound Called For China Stock Market
The China stock market on Tuesday ended the two-day winning streak in which it had gathered more than 80 points or 2.7 percent. The Shanghai Composite Index now sits just beneath the 3,065-point plateau although it's expected to bounce higher again on Wednesday.
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Australia Building Permits Sink 5.8% In September
The total number of building permits issued in Australia was down a seasonally adjusted 5.8 percent on month in September, the Australian Bureau of Statistics said on Wednesday - coming in at 16,455.
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Taiwan Stock Market Tipped To Open In The Green
The Taiwan stock market has moved higher in three straight sessions, advancing more than 360 points or 2.9 percent along the way. The Taiwan Stock Exchange now rests just beneath the 13,350-point plateau and it's looking at another solid start for Wednesday's trade.
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more news
Japan Overall Bank Lending Jumps 2.7% On Year In October
Overall bank lending in Japan was up 2.7 percent on year in October, the Bank of Japan said on Wednesday - coming in at 593.084 trillion yen.
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Singapore Stock Market Has Positive Lead For Wednesday
The Singapore stock market has finished higher in three straight sessions, improving almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,145-point plateau and it's likely to open higher again on Wednesday.
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Renewed Support Anticipated For Malaysia Stock Market
The Malaysia stock market on Tuesday snapped the two-day winning streak in which it had gathered more than 20 points or 1.4 percent. The Kuala Lumpur Composite Index now rests just above the 1,440-point plateau although it's predicted to rebound again on Wednesday.
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South Korea Stock Market Has Firm Lead For Wednesday's Trade
The South Korea stock market has finished higher in three straight sessions, climbing almost 70 points or 2.9 percent along the way. The KOSPI now rests just beneath the 2,400-point plateau and it's tipped to open in the green again on Wednesday.
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China Inflation Data Due On Wednesday
China will on Wednesday release October figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.
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New Zealand Electronic Retail Card Spending Rises 1.0% In October
The value of electronic retail card spending in New Zealand was up a seasonally adjusted 1.0 percent on month in October, Statistics New Zealand said on Wednesday - slowing from the downwardly revised 1.3 percent gain in September (originally 1.4 percent).
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