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Australian Market Reverses Early Losses To Modest Gains In Mid-market
The Australian stock market is reversing the early losses to modest gains in mid-market moves on Friday, recouping some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the psychological 8,000 mark, with gains in energy and mining stocks partially offset by weakness in technology stocks.
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Sensex, Nifty Set For Muted Start
Indian shares are set for a muted start on Friday, the last trading day of the year.
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Lower Open Anticipated For Thai Stock Market
The Thai stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,190-point plateau and it may tick lower again on Friday.
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Japanese Market Sharply Lower; Down 2%
Extending the losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 2 percent to near the 37,000 mark, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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Hong Kong Shares May Run Out Of Steam On Friday
The Hong Kong stock market has tracked higher in two straight sessions, improving more than 230 points or 1 percent along the way. The Hang Seng Index now rests just above the 23,575-point plateau although it's expected to open to the downside on Friday.
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Renewed Selling Pressure Expected For China Shares
The China stock market on Thursday snapped the two-day slide in which it had eased just 3 points or 0.1 percent. The Shanghai Composite Index now sits just beneath the 3,375-point plateau although it figures to head south again on Friday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the psychological 8,000 mark, with weakness in financial and technology stocks partially offset by gains in energy and mining stocks.
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No Help Yet For Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, stumbling almost 325 points or 3.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,950-point plateau and it's tipped to open in the red again on Friday.
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Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in four straight sessions, gathering more than 55 points or 1.5 percent in that span. The Straits Time Index now sits just above the 3,980-point plateau although it may run out of steam on Friday.
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Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than 30 points or 2.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although investors may lock in gains on Friday.
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Japan Stock Market May Open In The Red
The Japanese stock market on Thursday ended the two-day winning streak in which it had advanced more than 350 points or 0.9 percent. The Nikkei 225 now rests just beneath the 38,000-point plateau and it may extend its losses on Friday.
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KOSPI May Give Up Support At 2,600 Points
The South Korea stock market turned lower again on Thursday, on day after halting the two-day losing streak in which it had dropped almost 30 points or 1.2 percent. The KOSPI now sits just above the 2,600-point plateau and it may take further damage again on Friday.
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Tokyo Inflation Data Due On Friday
Japan will on Friday release March data for Tokyo-area inflation, highlighting a light day for Asia-Pacific economic activity. In February, overall Tokyo inflation was up 2.9 percent on year, while core CPI rose an annual 2.2 percent.
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