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Australian Market Slightly Higher
The Australian market is trading slightly higher on Thursday after opening in the red, adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay above the 8,200 level, with gains in some energy and technology stocks partially offset by weakness in mining stocks.
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Indonesia Bourse May Extend Wednesday's Losses
The Indonesia stock market on Wednesday ended the eight-day winning streak in which it had surged more than 300 points or 4.1 percent. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and the losses may accelerate on Thursday.
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Rally May Stall For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two straight sessions, collecting more than 280 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 20,760-point plateau although it may spin its wheels on Thursday.
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China Stock Market Tipped To Open In The Red On Thursday
The China stock market has finished higher in four straight sessions, gathering more than 135 points or 4 percent along the way. The Shanghai Composite now sits just above the 3,300-point plateau although the rally may stall on Thursday.
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Taiwan Stock Market May Extend Losing Streak
The Taiwan stock market has moved lower in back-to-back sessions, shedding more than 200 points or 0.9 percent along the way. The Taiwan Stock Exchange now rests just above the 23,330-point plateau and it may take further damage again on Thursday.
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Singapore Shares May Head South Again On Thursday
The Singapore stock market on Wednesday snapped the two-day slide in which it had dropped more than 50 points or 1.4 percent. The Straits Times Index now sits just above the 3,600-point plateau although it may see renewed selling pressure on Thursday.
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Continued Consolidation Called For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, slipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,640-point plateau and it may take further damage again on Thursday.
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more news
South Korea GDP Expands 0.1% On Quarter In Q3
South Korea's gross domestic product gained a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
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South Korea GDP Rises 0.1% In Q3
South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
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South Korea Shares Likely To Remain Rangebound On Thursday
The South Korea stock market has finished higher in two of three trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just beneath the 2,600-point plateau although it's likely to head south again on Thursday.
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Australia Manufacturing PMI Sinks To 46.6 In October - Judo Bank
The manufacturing sector in Australia continued to contract in October, and at a slightly faster pace, the latest survey from Judo Bank revealed on Thursday with a manufacturing PMI score of 46.6.
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South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q3 data for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Lower Despite BoC's Sharp Rate Cut
The Canadian market ended weak on Wednesday, hurt by losses in technology, energy and materials stocks. Despite the Bank of Canada's decision to cut interest rates by 50 basis points, the mood in the market remained bearish amid concerns about the outlook for economic growth and due to persisting Middle East tensions.
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