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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by energy and mining stocks.
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Hong Kong Stock Market Tipped To Extend Winning Streak
The Hong Kong stock market has tracked higher in two straight sessions, advancing more than 350 points or 1.8 percent along the way. The Hang Seng Index now sits just beneath the 20,050-point plateau and it's expected to see additional support on Monday.
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Renewed Support Anticipated For China Stock Market
The China stock market on Friday wrote a finish to the three-day winning streak in which it had advanced almost 90 points or 2.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,335-point plateau although it's expected to rebound on Monday.
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Japan Services Sector PMI Improves To 55.4 In April - Jibun
The services sector in Japan continued to expand in April, and at a faster rate, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 55.4.
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Taiwan Bourse May Add To Its Winnings On Monday
The Taiwan stock market has moved higher in back-to-back sessions, improving more than 70 points or 0.5 percent along the way. The Taiwan Stock Exchange now rests just above the 15,625-point plateau and it's expected to open higher again on Monday.
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BoJ Minutes: Japan Economy Expected To Continue Growth Trend
Members of the Bank of Japan's Monetary Policy Board said that the country's economy has picked up steam, despite higher commodity prices, and it expected to continue to do so, minutes from the board's meeting on March 9 and 10 revealed on Monday.
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Rebound Anticipated For Singapore Stock Market
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day slide in which it had slumped more than 50 points or 1.8 percent. The Straits Times Index now sits just above the 3,265-point plateau although it figures to bounce higher again on Monday.
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Malaysia Stock Market May See Continued Strength
The Malaysia stock market has alternated between positive and negative finishes through the last seven trading days since the end of the four-day losing streak in which it had dropped more than a dozen points or 0.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,423-point plateau and it may add to its winnings on Monday.
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South Korea Bourse Poised To End Losing Streak
Ahead of Friday's holiday for Children's Day, the South Korea stock market had moved lower in back-to-back sessions, slumping almost 25 points or 1 percent along the way. The KOSPI now rests just above the 2,500-point plateau although it's due for support on Monday.
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Taiwan Trade Data Due On Monday
Taiwan will on Monday release April numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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TSX Rises 1.5%, Posts Biggest Single-session Gain In 5 Months
The Canadian market ended on a buoyant note on Friday on fairly widespread buying after data showed the Canadian economy saw a much bigger than expected addition of jobs in the month of April.
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Dollar Turns In Mixed Performance Against Rivals After Jobs Data
The U.S. dollar turned in a mixed performance on Friday with investors digesting the non-farm payrolls and wage growth data and speculating the likely future moves of the Federal Reserve.
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Swiss Market Ends On Firm Note
The Switzerland stock market shrugged off a mild mid-morning setback and climbed higher on Friday as a few frontline stocks recorded strong gains thanks to sustained buying interest.
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