Taiwan Trade Data Due On Wednesday
(RTTNews) - Taiwan will on Wednesday release April figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
Imports are expected to rise 7.6 percent on year, up from 7.1 percent in March. Exports are called higher by an annual 10.2 percent, easing from 18.9 percent in the previous month. The trade surplus is pegged at $8.03 billion, moderating from $8.68 billion a month earlier.
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Indonesia Shares Due For Profit Taking On Monday
The Indonesia stock market has moved higher in three straight sessions, gathering more than 230 points or 3.3 percent along the way. The Jakarta Composite Index now sits just beneath the 7,320-point plateau although investors figure to lock in gains on Monday.
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4h 5min ago
Win Streak May End For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two straight sessions, climbing almost 480 points or 2.5 percent along the way. The Hang Seng Index now sits just above the 19,550-point plateau although it's likely to open under water on Monday.
The global forecast for the Asian markets is murky, with profit taking likely to cap any upside. The European markets were soft and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.
RTTNews
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4h 20min ago
Rally May Stall For China Stock Market
The China stock market has tracked higher in back-to-back sessions, gathering almost 35 points or 1.2 percent in that span. The Shanghai Composite Index now sits just above the 3,150-point plateau although it may run out of steam on Monday.
RTTNews
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4h 35min ago
Taiwan Bourse May Extend Friday's Losses
The Taiwan stock market on Friday halted the five-day winning streak in which it had surged more than 750 points or 3.8 percent. The Taiwan Stock Exchange now sits just above the 21,250-point plateau and it may take further damage on Monday.
RTTNews
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5h 5min ago
Soft Start Anticipated For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, gathering almost 25 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,315-point plateau although it may open under pressure on Monday.
RTTNews
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5h 35min ago
Malaysia Stock Market May Run Out Of Steam On Monday
The Malaysia stock market has moved higher in two straight sessions, adding almost 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau although the rally may stall on Monday.
RTTNews
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6h 5min ago
South Korea Shares May Remain Stuck In Neutral On Monday
The South Korea stock market on Friday ended the two-day winning streak in which it had advanced more than 25 points or 1 percent. The KOSPI now sits just beneath the 2,725-point plateau and it may continue to spin its wheels on Monday.
RTTNews
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6h 35min ago
Malaysia Trade Data Due On Monday
Malaysia will on Monday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
RTTNews
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7h 35min ago
