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China Bourse May Run Out Of Steam On Tuesday

The China stock market has risen in four straight sessions, collecting more than 65 points or 2.1 percent along the way. The Shanghai Composite Index now rests just shy of the 3,270-point plateau although the rally may stall on Tuesday. The global forecast for the Asian markets suggests consolidation ahead of rate decisions this week from central banks in England and the United States. The European markets were mixed and little changed and the U.S. bourses were firmly in the red and the Asian markets figure to split the difference. Returning from the long Lunar New Year break, the SCI finished slightly higher following mixed performances from the financial shares, property stocks and resource companies. For the day, the index perked 4.50 points or 0.14 percent to finish at 3,269.32 after trading between 3,266.76 and 3,310.49. Among the actives, Industrial and Commercial Bank of China dipped 0.23 percent, while Bank of China collected 0.31 percent, China Merchants Bank rallied 2.39 percent, Bank of Communications perked 0.21 percent, China Life Insurance plunged 3.60 percent, Jiangxi Copper skidded 1.02 percent, Aluminum Corp of China (Chalco) climbed 1.15 percent, Yankuang Energy plummeted 5.83 percent, PetroChina added 0.39 percent, China Petroleum and Chemical (Sinopec) shed 0.44 percent, Huaneng Power tumbled 2.05 percent, China Shenhua Energy tanked 2.26 percent, Gemdale slumped 2.81 percent, Poly Developments retreated 1.77 percent, China Vanke declined 2.64 percent, China Fortune Land surged 4.30 percent, Beijing Capital Development soared 3.55 percent and China Construction Bank was unchanged.
RTTNews | Pred 820 dňami
Australia Private Sector Credit Rises 0.3% In December

Australia Private Sector Credit Rises 0.3% In December

Private sector credit in Australia was up 0.3 percent on month in December, the Reserve Bank of Australia said on Tuesday - shy of expectations for 0.5 percent, which would have been unchanged.
RTTNews | Pred 820 dňami
Australia Retail Sales Slip 3.9% In December

Australia Retail Sales Slip 3.9% In December

The value of retail sales in Australia was down a seasonally adjusted 3.9 percent on month in December, the Australian Bureau of Statistics said on Tuesday - coming in at A$34.472 billion.
RTTNews | Pred 820 dňami
Taiwan Stock Market Due For Profit Taking

Taiwan Stock Market Due For Profit Taking

The Taiwan stock market has moved higher in four straight sessions, collecting more than 750 points or 5.2 percent along the way. The Taiwan Stock Exchange now rests just beneath the 15,500-point plateau although investors are likely to cash in on Tuesday.
RTTNews | Pred 820 dňami
Singapore Stock Market May Take Further Damage On Tuesday

Singapore Stock Market May Take Further Damage On Tuesday

The Singapore stock market on Monday saw the end of the four-day winning streak in which it had advanced more than 120 points or 3.5 percent. The Straits Times Index now rests just beneath the 3,380-point plateau and the losses may accelerate on Tuesday.
RTTNews | Pred 820 dňami
Renewed Selling Pressure Anticipated For Malaysia Stock Market

Renewed Selling Pressure Anticipated For Malaysia Stock Market

The Malaysia stock market on Monday snapped the three-day losing streak in which it had eased just 3 points. The Kuala Lumpur Composite Index now rests just beneath the 1,500-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets suggests consolidation ahead of rate decisions this week from central banks in England and the United States. The European markets were mixed and little changed and the U.S. bourses were firmly in the red and the Asian markets figure to split the difference.
RTTNews | Pred 820 dňami
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Continued Consolidation Called For KOSPI

Continued Consolidation Called For KOSPI

The South Korea stock market on Monday snapped the five-day winning streak in which it had spiked almost 115 points or 4.6 percent. The KOSPI now rests just above the 2,450-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets suggests consolidation ahead of rate decisions this week from central banks in England and the United States. The European markets were mixed and little changed and the U.S. bourses were firmly in the red and the Asian markets figure to split the difference. The KOSPI finished sharply lower on Monday following profit taking among the financials, industrials and technology stocks. For the day, the index dropped 33.55 points or 1.35 percent to finish at 2,450.47 after trading between 2,446.59 and 2,491.13. Volume was 460 million shares worth 8.7 trillion won. There were 644 decliners and 233 gainers. Among the actives, Shinhan Financial plunged 3.35 percent, while KB Financial lost 0.69 percent, Hana Financial skidded 1.6 percent, Samsung Electronics tumbled 2.01 percent, LG Electronics rallied 2.34 percent, SK Hynix shed 0.87 percent, Naver tanked 2.13 percent, LG Chem dipped 0.29 percent, Lotte Chemical plummeted 3.46 percent, S-Oil declined 1.54 percent, SK Innovation surrendered 3.36 percent, POSCO dropped 2.57 percent, SK Telecom retreated 1.67 percent, KEPCO sank 0.74 percent, Hyundai Mobis crashed 3.73 percent, Hyundai Motor slumped 2.24 percent and Kia Motors eased 0.15 percent.
RTTNews | Pred 820 dňami
TSX Ends Notably Lower

TSX Ends Notably Lower

The Canadian market ended notably lower on Monday, weighed down by losses in healthcare, energy and technology sectors.
RTTNews | Pred 820 dňami
Japan Data On Tap For Tuesday

Japan Data On Tap For Tuesday

Japan is scheduled to release a raft of data on Tuesday, headlining a busy day for Asia-Pacific economic activity. On tap are December figures for unemployment, industrial production, retail sales and housing starts, plus January results for its household confidence index.
RTTNews | Pred 820 dňami

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