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Singapore Stock Market May Reverse Tuesday’s Losses

The Singapore stock market on Tuesday ended the three-day winning streak in which it had collected more than 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,190-point plateau although it's expected to see renewed support on Wednesday.The global forecast for the Asian markets is upbeat on growing optimism over the outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion.The STI finished slightly lower on Tuesday following losses from the financials and...
Stock Market

Taiwan Stock Market May Spin Its Wheels On Friday

The Taiwan stock market has finished lower in consecutive trading days, surrendering more than 210 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just above the 15,510-point plateau and it may be stuck in neutral again on Friday.The global forecast for the Asian markets is mixed to lower on concerns of economic slowdown. The European and U.S. markets ended mostly lower and the Asian bourses figure to follow suit.The TSE finished modestly lower on Thursday following losses from the plastic, steel, cement and technology sectors,...
Stock Market

Little Movement Expected For Malaysia Stock Market

Ahead of Monday's Labor Day holiday, the Malaysia stock market had alternated between positive and negative finishes through the last four 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 1,415-point plateau and it's likely to be rangebound again on Tuesday.The global forecast for the Asian markets suggests little movement ahead of the FOMC's rate decision on Wednesday. The European markets were slightly higher and the...
Stock Market

China Stock Market Due For Support On Tuesday

The China stock market has tracked lower in four straight sessions, slumping more than 115 points or 3.5 percent along the way. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may stop the bleeding on Tuesday.The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.The SCI finished modestly lower...
Stock Market

Little Movement Predicted For Malaysia Stock Market

The Malaysia stock market has moved lower in back-to-back sessions, although it has slipped just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,430-point plateau and it is again expected to remain in that neighborhood on Wednesday.The global forecast for the Asian markets is murky amid mixed economic and earnings data. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets are expected to follow the latter lead.The KLCI finished slightly...
Stock Market

Soft Start Anticipated For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, sinking more than 25 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,435-point plateau and the losses may accelerate on Monday.The global forecast for the Asian markets is broadly negative on concerns over the outlook for interest rates, while financial shares are especially likely to fall under pressure. The European and U.S. markets finished sharply lower and the Asian markets are tipped to open in similar fashion.The KLCI finished sharply...
Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has tracked higher in two of three trading days since the end of the three-day losing streak in which it had slipped more than 70 points or 0.5 percent. The Taiwan Stock Exchange now rests just above the 15,550-point plateau although it's expected to turn lower again on Friday.The global forecast for the Asian markets is mixed to lower on renewed concerns over the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets are tipped to...
Stock Market

Indonesia Stock Market May Spin Its Wheels On Thursday

The Indonesia stock market has tracked lower in two straight sessions, shedding more than 45 points or 0.7 percent along the way. The Jakarta Composite Index now rests just beneath the 6,830-point plateau and it's expected to remain in that neighborhood again on Thursday.The global forecast for the Asian markets suggests little movement amid a lack of catalysts with some markets still on holiday. The European and U.S. markets were mixed and little changed and the Asian bourses figure to follow that lead.The JCI finished modestly lower on Wednesday following...