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Sensex, Nifty Seen Opening Lower After Strong Rally
Indian shares look set to open a tad lower on Wednesday following the previous session's strong rally.
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Thai Stock Market May Test Resistance At 1,600 Points On Wednesday
The Thai stock market on Tuesday snapped the four-day losing streak in which it had slumped more than 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just beneath the 1,575-point plateau and it's expected to see additional support on Wednesday.
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Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Wednesday, extending the gains in the previous session, with the Nikkei 225 staying above the 26,200 level, following the broadly positive cues from global markets overnight, as traders continue to pick up stocks at a bargain after the sell-off last week. Meanwhile, the weaker yen continued to impact the broader economy.
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Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has finished higher in two straight sessions, gathering almost 110 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,050-point plateau and it's expected to open higher again on Wednesday.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 6,500 level, following the mostly positive cues overnight from global markets, as traders continue to pick up stocks at a bargain after the sell-off last week. Materials and energy stocks rebounded.
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Hong Kong Stock Market Has Firm Lead For Wednesday
The Hong Kong stock market has climbed higher in three straight sessions, advancing almost 825 points or 3.9 percent along the way. The Hang Seng Index now rests just above the 21,550-point plateau and it may add to its winnings on Wednesday.
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China Stock Market May Stop The Bleeding On Wednesday
The China stock market has finished lower in two straight sessions, sinking more than 10 points or 0.3 percent along the way. The Shanghai Composite Index now sits just above the 3,305-point plateau although it's expected to find traction on Wednesday.
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Taiwan Stock Market Expected To Open In The Green
The Taiwan stock market on Tuesday wrote a finish to the eight-day losing streak in which it had plummeted more than 1,300 points or 8.3 percent. The Taiwan Stock Exchange now rests just above the 15,725-point plateau and it's got a solid lead for Wednesday's trade.
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BoJ Minutes: Japan Economy Continues To Improve
Members of the Bank of Japan's Monetary Policy Board said that the country's economy is headed in the right direction, minutes from the board's April 27 and 28 policy meeting revealed on Wednesday - although the upside continues to be limited by lingering COVID-19 cases.
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Singapore Stock Market May Extend Tuesday's Gains
The Singapore stock market has moved higher in two of three trading days since the end of 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 3,120-point plateau and it's looking at another green light for Wednesday's trade.
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Malaysia Stock Market Poised To Add To Its Winnings
The Malaysia stock market on Tuesday snapped the two-day losing streak in which it had fallen more than 30 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,460-point plateau and it's expected to extend its gains on Wednesday.
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New Zealand Has NZ$263 Million Trade Surplus
New Zealand posted a merchandise trade surplus of NZ$263 million in May, Statistics New Zealand said on Wednesday.
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Additional Support Predicted For South Korea Stock Market
The South Korea stock market on Tuesday ended the two-day slide in which it had stumbled more than 60 points or 2.5 percent to a fresh 19-month closing low. The KOSPI now rests just beneath the 2,410-point plateau and it's expected to open in the green again on Wednesday.
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