UNENF

The New Zealand share market opened flat on Tuesday, following a lack of lead from Wall Street as US markets remained closed overnight due to Labour Day holiday.

Asian markets ended the trading session Monday in positive territory as concerns about global economic recovery eased considerably led by better than expected jobs report in the US for August. The US Labor Department revealed on Friday that only 54,000 jobs were lost during the month as against an expectation of loss of more than [...]

The Indian market rose sharply to its highest level since February 2008 on Tuesday, as strong global cues, continued buying by foreign funds and a good monsoon thus far this year boosted sentiment.

The Indian market is trading notably higher on Monday, tracking positive global cues, after a better-than-expected U.S. jobs report eased economic worries. However, trading remains range bound, as the U.S. markets are closed today for Labour Day holiday. Metal, realty and IT stocks are spearheading the rally.

The Indian market is seen opening higher on Monday with investors tracking cues from Wall Street, where stocks posted strong gains on Friday on the back of fewer-than-expected job losses in August.

Tracking positive cues from Wall Street, the Australian market is trading modestly higher on Monday with investors picking up select blue chip stocks from across various sectors. After a bright start, the market lost its way for a while before recovering swiftly on the back of some strong buying at lower levels at a few [...]

The Hong Kong stock market has closed higher now in three consecutive trading days, climbing more than 440 points or 2.1 percent along the way. The Hang Seng Index finished just above the 20,970-point plateau, and now investors are anticipating further upside when the market kicks off trade on Monday.

The Indian market ended a volatile session modestly lower on Friday, weighed by a government report that showed a modest rise in food inflation for the week ended August 21. Underlying sentiment remained extremely cautious as the U.S. government’s monthly employment report loomed.

Wall Street now turns its attention to the key jobs report after some reassuring economic data catalyzed a strong upward move in the markets in the previous two sessions. Although expectations concerning the job market are muted, a downside surprise could stir anxiety concerning the economic recovery, leading to the return of risk aversion.

The Indian market edged higher for a third consecutive session Friday, tracking gains in global markets. However, underlying sentiment remains cautious ahead of U.S. non-farm payroll numbers due later in the day. Investors also await weekly data on food and fuel inflation for clues regarding the direction of interest rates.

Despite opening on a fairly positive note on the back of a surge on Wall Street overnight following encouraging economic reports, Asian stock markets are turning in a mixed performance on Friday with investors in some parts of the region choosing to tread cautiously and indulging in some profit taking at higher levels.

The Japanese stock market opened higher on Friday on positive cues from Wall Street, where stocks surged higher overnight on the back of some encouraging economic reports. A slight weakening of the yen against the dollar too contributed to the positive start.

The China stock market on Thursday halted the two-day losing streak in which it had declined more than 30 points or 1.2 percent. The Shanghai Composite Index finished just above the 2,655-point plateau, and now investors are hoping for a continued recovery at the opening of trade on Friday.

The Malaysian stock market has finished higher now in five straight sessions, collecting more than 45 points or 3.4 percent on its way to a record closing high. The Kuala Lumpur Composite Index finished just above the 1,440-point plateau, and now investors are looking for further upside when the market kicks off trade on Friday.

Positive opens are expected Friday for the New Zealand and Australia sharemarkets. Wall Street provides another positive lead, having added to the Dow’s 250-plus point gain of Wednesday.