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Japanese Market Tumbling
The Japanese stock market is sharply lower on Wednesday, giving up the small gains in the previous session, with the Nikkei 225 falling 600 points to below the 26,000 mark, following the mixed cues from Wall Street overnight, with weakness across all sectors as trades react to the release of the minutes from the Bank of Japan's monetary policy meeting.
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Steady Start Eyed For Thai Stock Market
The Thai stock market has finished lower in three straight sessions, slipping almost 35 points or 2.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,610-point plateau although it may find traction on Wednesday.
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Higher Open Called For Indonesia Stock Market
The Indonesia stock market has finished lower in three straight sessions, sinking more than 100 points 1.4 percent along the way. The Jakarta Composite Index now rests just above the 7,110-point plateau although it may halt its slide on Wednesday.
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Australia Retail Sales Rise 0.6% On Month In August
The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in August, the Australian Bureau of Statistics said on Wednesday - coming in at A$34.881 billion.
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Australian Market Slightly Higher
The Australian stock market is slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving a tod above the 6,500 level, following the mixed cues from Wall Street overnight, with energy and resource stocks continuing their rebound from the recent heavy losses amid a spike in commodity prices.
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Mild Upside Predicted For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the four-day losing streak in which it had plummeted more than 925 points or 5 percent to an 11-year closing low. The Hang Seng Index now sits just above the 17,860-point plateau and it may add to its winnings on Wednesday.
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China Stock Market May Test Resistance At 3,100 Points
The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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Taiwan Stock Market May Add To Its Winnings On Wednesday
The Taiwan stock market on Tuesday snapped the four-day losing streak in which it had tumbled more than 760 points or 6.4 percent. The Taiwan Stock Exchange now rests just above the 13,825-point plateau and it's tipped to open slightly higher again on Wednesday,
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BoJ Minutes: Japan Economy Picking Up Steam
Members of the Bank of Japan's Monetary Policy Board agree that the country's economy is trending higher as the effects of COVID-19 wane, minutes from the bank's meeting on July 20 and 21 revealed on Wednesday.
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Singapore Bourse May Find Traction On Wednesday
The Singapore stock market has moved lower in three straight sessions, stumbling almost 100 points or 3.2 percent along the way. The Straits Times Index now rests just above the 3,165-point plateau although it's looking at a steady start on Wednesday.
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Malaysia Stock Market May Halt Losing Streak
The Malaysia stock market has moved lower in five straight sessions, slumping more than 50 points or 3.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although it may stop the bleeding on Wednesday.
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South Korea Stock Market May Extend Tuesday's Gains
The South Korea stock market on Tuesday wrote a finish to the four-day losing streak in which it had tumbled almost 150 points or 6.3 percent to a two-year closing low. The KOSPI now sits just beneath the 2,225-point plateau and it may tick higher again on Wednesday.
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BoJ Minutes To Be Released On Wednesday
The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on July 20 and 21, highlighting a light day for Asia-Pacific economic activity.
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