Despite posting a new all-time high around mid-morning, the Canadian market ended on a negative note on Monday, due to sharp losses in energy and materials sectors. Gains real estate, technology, communications, consumer discretionary and industrials sectors helped limit the markets downside. A positive reaction to news U.S. President-elect Donald Trump intends to nominate billionaire...
The South Korea stock market has tracked higher in two straight sessions, advancing more than 50 points or 2 percent along the way. The KOSPI now sits just above the 2,530-point plateau and its expected to open in the green again on Tuesday. The global forecast for the Asian markets is upbeat on optimism over...
The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the...
Producer prices in Japan were up 2.9 percent on year in October, the Bank of Japan said on Tuesday. Thats up from the upwardly revised 2.8 percent increase in September (originally 2.6 percent) and exceeded expectations for a gain of 2.5 percent. On a monthly basis, producer prices jumped 0.8 percent after dipping 0.1 percent...
The Singapore stock market headed south again on Monday, one session after ending the two-day slide in which it had slipped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,730-point plateau and its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is...
The Taiwan stock market has climbed higher in back-to-back sessions, advancing almost 400 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 22,950-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although...
The China stock market has moved lower in back-to-back sessions, slipping just 6 points or 0.2 percent in that span. The Shanghai Composite now sits just beneath the 3,265-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although weak...
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 19,150-point plateau although it may find traction on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global...
The Thai stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and its expected to bounce higher again on Tuesday. The...
Asian markets broadly rallied and remained insulated from the turbulence in Chinas stock markets. Market sentiment in Japan improved considerably after headline inflation rate slowed to a nine-month low. Weak corporate earnings, worries about economic growth as well as concerns about the efficacy and sufficiency of stimulus measures contributed to the sell-off in China and...