Canadian Market Moderately Lower In Cautious Trade

South Korea Bourse May Hand Back Monday's Gains

The South Korea stock market on Monday snapped the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,600-point plateau although it may see renewed selling pressure on Tuesday. The global forecast for the Asian markets is negative with profit taking likely for many of the regions. The European and U.S. markets were mostly lower and the Asian bourses figure to follow that lead. The KOSPI finished modestly higher on Monday following gains from the chemical companies and a mixed performance from the financials and technology stocks. For the day, the index added 11.1 points or 0.43 percent to finish at 2,604.92 after trading between 2,594.05 and 2,618.71. Volume was 235.86 million shares worth 7.6 trillion won. There were 434 gainers and 427 decliners. Among the actives, Shinhan Financial retreated 1.24 percent, while KB Financial dropped 0.95 percent, Hana Financial skidded 1.07 percent, Samsung Electronics fell 0.34 percent, Samsung SDI rallied 1.36 percent, LG Electronics dipped 0.10 percent, SK Hynix jumped 1.92 percent, LG Chem added 0.61 percent, Lotte Chemical spiked 2.79 percent, SK Innovation accelerated 2.05 percent, POSCO shed 0.43 percent, SK Telecom perked 0.18 percent, KEPCO advanced 0.95 percent, Hyundai Mobis was down 0.20 percent, Hyundai Motor climbed 1.07 percent, Kia Motors eased 0.11 percent and Naver was unchanged.

RTTNews | 4h 20min ago

TSX Turns Weak After Hitting New High, Ends 0.4% Down

The Canadian market rose to a new record high Monday morning, but retreated soon and stayed weak right through the session as investors turned cautious ahead of earnings updates and some key economic events, including the Bank of Canada's monetary policy meeting due this week.

RTTNews | 5h 28min ago

New Zealand Trade Data Due On Tuesday

New Zealand will on Tuesday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 5h 50min ago

ECB's Kazimir Says All Options Remain On Table For December

The European Central Bank could have waited till December to lower interest rates, but the economic data since the September policy session signaled a shift in risks to inflation to the downside, and thus policymakers opted for a rate cut this month, Governing Council member Peter Kazimir said on Monday.

RTTNews | 6h 26min ago