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Asian Markets Mostly Lower On Recession Worries
Asian stock markets are trading mostly lower on Wednesday, following the mixed cues overnight from Wall Street, dragged by weakness in materials and energy stocks as commodities prices tumbled on the prospects of looming recession hurting demand. The surge in COVID-19 infections in China also hurt market sentiment as it reignited worries about potential lockdowns.
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686 дней спустя
Sensex, Nifty Seen Tad Higher In Cautious Trade
Indian shares look set to open higher on Wednesday after oil prices slumped 8 percent to drift below $100 a barrel for the first time since May on fears that a recession will hit global demand for fuel.
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686 дней спустя
Thai Stock Market Tipped To Halt Losing Streak
The Thai stock market has finished lower in back-to-back trading days, tumbling more than 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,540-point plateau, although it's expected to stop the bleeding on Wednesday.
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686 дней спустя
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Wednesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 staying just above the 26,100 level, following the mixed cues overnight from Wall Street, dragged by exporters, energy and financial stocks, partially offset by gains in technology stocks.
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686 дней спустя
Indonesia Stock Market Tipped To Open In The Green
The Indonesia stock market on Tuesday halted the six-day losing streak in which it had plummeted almost 400 points or 7 percent. The Jakarta Composite Index now sits just above the 6,700-point plateau and it's expected to add to its winnings on Wednesday.
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686 дней спустя
Australian Market Slightly Lower
The Australian stock market is slightly lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the mixed cues overnight from Wall Street, as tumbling commodity prices dragged gold miners, materials and energy stocks, nearly offset by soaring technology stocks.
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686 дней спустя
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the three-day losing streak in which it had declined more than 570 points or 2.7 percent. The Hang Seng Index now sits just above the 21,850-point plateau and it's looking at another green light for Wednesday's trade.
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686 дней спустя
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China Stock Market Expected To Remain Rangebound On Wednesday
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day winning streak in which it had jumped more than 140 points or 4.4 percent. The Shanghai Composite Index now sits just above the 3,400-point plateau and it figures to remain in that neighborhood again on Wednesday.
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686 дней спустя
Hong Kong PMI Slips To 52.4 In June - S&P Global
The private sector in Hong Kong continued to expand in June, albeit at a slower pace, the latest survey from S&P Global showed on Wednesday with a PMI score of 52.4.
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686 дней спустя
Taiwan Stock Market May Extend Tuesday's Gains
The Taiwan stock market on Tuesday halted the five-day losing streak in which it had plummeted more than 1,300 points or 8.5 percent. The Taiwan Stock Exchange now rests just beneath the 14,350-point plateau and it's expected to see additional support on Wednesday.
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686 дней спустя
Renewed Support Predicted For Singapore Stock Market
The Singapore stock market headed south again on Tuesday, one session after halting the three-day slide in which it had dropped more than 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,100-point plateau although it's expected to rebound again on Wednesday.
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686 дней спустя
Additional Support Expected For Malaysia Stock Market
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,440-point plateau and it's tipped to open in the green again on Wednesday.
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686 дней спустя
Technology Stocks Expected To Boost South Korea Shares
The South Korea stock market on Tuesday halted the four-day losing streak in which it had tumbled more than 120 points or 4.8 percent. The KOSPI now rests just above the 2,340-point plateau and it may extend its gains on Wednesday.
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686 дней спустя
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