Sensex Soars 500 Points On Rate Cut Hopes

Fri, 14 Aug 2015 11:15:04 GMT : Indian equities rallied on Friday and the rupee recovered from a 23-month low after official data showed the country's wholesale inflation plunged to a historic low in July, driven by weak food and fuel prices. Deflationary trends continued for the ninth month in a row, with the annual price index falling to as low as (-) 4.05 percent from (-) 2.4 percent the month before. Economists had expected the WPI inflation to fall to 2.76 percent.

Asian Markets Mixed As Commodities Drag On Resource Stocks

Fri, 14 Aug 2015 09:20:58 GMT : Asian shares turned in a mixed performance on Friday, as lackluster cues from Wall Street and weak commodity prices tempered gains resulting from easing concerns over a full-blown currency war. Fears about a rapid yuan devaluation subsided after the People's Bank of China today set the currency's daily reference point a tad higher from the previous day's midpoint. Surprisingly, the move comes a day after the central bank said there was no basis for continued currency depreciation.

Sensex, Nifty Inch Higher Ahead Of WPI Data

Fri, 14 Aug 2015 04:26:55 GMT : Indian equities opened higher on Friday after China' s central bank set the yuan's daily reference point at 6.3975 per dollar, up from 6.4010 the previous day. Meanwhile, investors await wholesale price inflation date due later in the day for further clues about whether the RBI has scope to ease its monetary policy further.

Asian Markets Mixed Amid Cautious Trades

Fri, 14 Aug 2015 03:26:22 GMT : Asian stock markets are exhibiting a mixed trend on Friday, tracking the lackluster cues overnight from Wall Street and lower commodity prices. Investors are treading cautiously following the recent currency-based volatility. Meanwhile, China's central bank on Friday increased the yuan's reference rate against the U.S. dollar for the first time since the yuan's devaluation on Tuesday.

Japanese Market Declines

Fri, 14 Aug 2015 03:00:43 GMT : The Japanese stock market is marginally lower on Friday, following the lackluster cues from Wall Street and lower commodity prices.

Sensex, Nifty Seen Opening Higher

Fri, 14 Aug 2015 02:58:44 GMT : The Indian markets may open higher on Friday as indicated by futures trade on the Singapore stock exchange. Crude oil prices continue to ease and China's yuan trades slightly stronger as Greek lawmakers prepare to vote on the terms of the country's third international bailout.

Thai Stock Market: Support Likely At 1,400 Points

Fri, 14 Aug 2015 02:52:15 GMT : The Thai stock market has finished lower now in five straight sessions, skidding more than 30 points or 2 percent in that span. The Stock Exchange of Thailand settled just below the 1,405-point plateau, although the market figures to find traction on Friday.

Indonesia Bourse May Extend Thursday's Rebound

Fri, 14 Aug 2015 02:00:28 GMT : The Indonesia stock market on Thursday finally halted the five-day losing streak in which it had plummeted more than 370 points or 7.8 percent. The Jakarta Composite Index now rests just below the 4,585-point plateau, and the market may tick slightly higher again on Friday.

Australian Market Flat Amid Cautious Trades

Fri, 14 Aug 2015 01:36:50 GMT : The Australian stock market is flat amid cautious trades on Friday following the lackluster cues overnight from Wall Street. Oil and gold stocks are declining on the back of weaker commodity prices.

Additional Upside Tipped For Hong Kong Bourse

Fri, 14 Aug 2015 01:15:28 GMT : The Hong Kong stock market on Thursday ended the three-day slide in which it had given away more than 630 points or 2.6 percent. The Hang Seng Index now rests just shy of the 24,020-point plateau, and the market may extend its gains on Friday.

China Shares May See Continued Support

Fri, 14 Aug 2015 01:00:28 GMT : The China stock market on Thursday snapped the two-day slide in which it had retreated more than 40 points or 1.1 percent. The Shanghai Composite Index settled just above the 3,950-point plateau, and the market figures to move higher again on Friday.

Taiwan Stock Market Draws Flat Lead On Friday

Fri, 14 Aug 2015 00:30:28 GMT : The Taiwan stock market on Thursday snapped the two-day losing streak in which it had tumbled more than 180 points or 2.2 percent. The Taiwan Stock Exchange settled just above the 8,310-point plateau, and the market figures to remain in that area code again on Friday.

Singapore Stock Market May Tick Slightly Higher On Friday

Fri, 14 Aug 2015 00:00:28 GMT : The Singapore stock market on Thursday ended the two-day slide in which it had plummeted more than 135 points or 4.5 percent. The Straits Times Index settled just above the 3,090-point plateau, and the market figures to be rangebound on Friday.

Malaysia Market Likely Rangebound On Friday

Thu, 13 Aug 2015 23:30:29 GMT : The Malaysia stock market on Thursday wrote a finish to the five-day losing streak in which it had plummeted more than 115 points or 7.3 percent on its way to a 29-month closing low. The Kuala Lumpur Composite Index now rests just above the 1,620-point plateau, and the market is looking at a flat lead on Friday.

Little Movement Expected For South Korea Stock Market

Thu, 13 Aug 2015 23:00:28 GMT : The South Korea stock market on Thursday halted the five-day slide in which it had plummeted more than 50 points or 2.6 percent to a five-month closing low. The KOSPI now rests just below the 1,985-point plateau, and the market figures to hold steady in that neighborhood again on Friday.

Sensex Ends Off Day's High

Thu, 13 Aug 2015 11:19:43 GMT : Indian stocks staged a tentative rebound on Thursday as the yuan's fall slowed and investors cheered better-than-expected domestic data on consumer inflation and industrial output. Media reports claiming that a government appointed committee has found no legal basis to retrospectively impose the controversial minimum alternate tax on foreign investors also offered some support.

Asian Stocks See Tentative Rise As Yuan Fears Ease

Thu, 13 Aug 2015 09:09:55 GMT : Asian stocks rose broadly on Thursday as China's central bank moved to stem the sell-off in its currency that lost around 4 percent of its value in the past two days. After setting the guiding rate for its yuan currency lower for a third day, the central bank reportedly ordered state-run banks to buy the currency at designated rates.

Indian Shares Rebound After Strong Data

Thu, 13 Aug 2015 04:30:40 GMT : The Indian markets rebounded from recent losses as data showed India's factory output growth accelerated in June from the previous month and consumer inflation eased more than estimated in July, leaving room for possibly more policy easing. The rupee also opened up 12 paise at 64.65 per dollar, snapping a six-day losing streak.

Asian Markets Higher Amid Cautious Trades

Thu, 13 Aug 2015 03:20:20 GMT : Asian stock markets are higher on Thursday after Wall Street recovered overnight from an early sell-off and as the rebound in commodity prices lifted resources stocks. However, investors are treading cautiously after China further lowered the yuan's reference rate on Thursday.

Sensex, Nifty Seeking Rebound

Thu, 13 Aug 2015 02:58:16 GMT : The Indian markets look set to open slightly higher on Thursday, with firm Asian cues and encouraging inflation and industrial output data likely to underpin investor sentiment.

Japanese Market Rises

Thu, 13 Aug 2015 02:32:28 GMT : The Japanese stock market is up with modest gains on Thursday following the positive lead overnight from Wall Street and despite the release of weaker than expected Japanese core machine orders data.

Support Tipped For Thai Stock Market On Thursday

Thu, 13 Aug 2015 02:30:26 GMT : Ahead of Wednesday's holiday in observance of the queen's birthday, the Thai stock market had closed lower in four straight sessions - skidding almost 30 points or 2 percent in that span. The Stock Exchange of Thailand now rests just below the 1,410-point plateau, although the market may see a positive bounce on Thursday.

Indonesia Bourse May Stop The Bleeding On Thursday

Thu, 13 Aug 2015 02:00:24 GMT : The losing streak has hit five straight sessions for the Indonesia stock market, which has plummeted more than 370 points or 7.8 percent in that span. The Jakarta Composite Index settled just below the 4,480-point plateau, although the market is overdue for a rebound - and it might happen on Thursday.

Australian Market Advances

Thu, 13 Aug 2015 01:46:17 GMT : The Australian stock market is higher on Thursday as the overnight gains on Wall Street and the rebound in commodity prices boosted investor sentiment.

Hong Kong Stock Market May Snap Losing Streak

Thu, 13 Aug 2015 01:15:24 GMT : The Hong Kong stock market has closed lower now in three straight sessions, giving away more than 630 points or 2.6 percent along the way. The Hang Seng Index settled just above the 23,910-point plateau, although the market may find support on Thursday.

China Market Likely On Currency-Induced Roller Coaster

Thu, 13 Aug 2015 01:00:24 GMT : The China stock market has closed lower now in back-to-back sessions, giving away more than 40 points or 1.1 percent along the way. The Shanghai Composite Index now rests just above the 3,885-point plateau, and the market is likely in store for another wild ride again on Thursday.

Positive Lead Tipped For Taiwan Stock Market

Thu, 13 Aug 2015 00:30:24 GMT : The Taiwan stock market has finished lower now in consecutive trading days, skidding more than 180 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just below the 8,285-point plateau, although the market is due for a positive bounce on Thursday.

Rebound Predicted For Singapore Shares On Thursday

Thu, 13 Aug 2015 00:00:24 GMT : The Singapore stock market has finished lower in back-to-back sessions, plunging more than 135 points or 4.5 percent in that span. The Straits Times Index now rests just above the 3,060-point plateau, although the market is due for a modest recovery on Thursday.

Malaysia Bourse Overdue For Support On Thursday

Wed, 12 Aug 2015 23:30:25 GMT : The losing streak has hit five sessions for the Malaysia stock market, which has plummeted more than 115 points or 7.3 percent on its way to a fresh 29-month closing low. The Kuala Lumpur Composite Index settled just below the 1,610-point plateau, although the market may find traction on Thursday.

South Korea Market May Find Traction On Thursday

Wed, 12 Aug 2015 23:00:25 GMT : The South Korea stock market has finished lower now in five straight sessions, tumbling more than 50 points or 2.6 percent on its way to a five-month closing low. The KOSPI settled just above the 1,975-point plateau, although the market may stop the bleeding on Thursday.