Australia Home Loan Data Due On Wednesday
(RTTNews) - Australia will on Wednesday release December data for home loans, highlighting a light day for Asia-Pacific economic activity. In November, home loans were up 0.1 percent on month and investment lending slipped 1.0 percent.
Japan will see January results for M2 money stocks and machine tool orders. The M2 (1.3 percent) and tool orders (11.2 percent) are both expected to be unchanged.
Indonesia will provide December numbers for retail sales; in November, sales were up 0.9 percent on year.
Finally, the markets in Thailand are closed on Wednesday for Makha Bucha Day and will re-open on Thursday.
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Sensex, Nifty Set For Muted Open
Indian shares look set to open on a positive note Wednesday, though volatility cannot be ruled out in the wake of lingering concerns over ongoing foreign fund outflows, signs of slowing corporate earnings growth and geopolitical tensions involving Israel and Hamas.
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5h 19min ago
Indonesia Stock Market May End Losing Streak
The Indonesia stock market has finished lower in five straight sessions, slumping more than 540 points or 7.9 percent in that span. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's overdue for support on Wednesday.
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6h 24min ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher in post-holiday trading on Wednesday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains index heavyweights, exporter and technology stocks partially offset by weakness in automakers and financial stocks.
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6h 30min ago
Mild Upside Seen For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,300-point plateau and it's looking at a steady start for Wednesday's trade.
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6h 37min ago
Slightly Higher Open Called For China Stock Market
The China stock market on Tuesday snapped the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,320-point plateau and it may find renewed if modest support on Wednesday.
RTTNews
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6h 52min ago
Australian Market Slightly Higher
Australian shares are slightly higher in choppy trading on Wednesday after opening in the red, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving up to stay a tad below the 8,500 level, following the mixed cues from Wall Street overnight, with gains in energy stocks nearly offset by weakness in mining and technology stocks.
RTTNews
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6h 58min ago
Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market bounced higher again on Tuesday, one session after ending the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau although it may be stuck in neutral on Wednesday.
RTTNews
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7h 22min ago
Steady Start Eyed For Singapore Stock Market
The Singapore stock market on Tuesday snapped the three-day losing streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,860-point plateau and it's likely to tick higher again on Wednesday.
RTTNews
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7h 52min ago
