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Asian Markets Track Wall Street Lower

CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious after renewed hostilities in the Middle East over the weekend. However, the U.S. and Iran have now agreed to halt military strikes a…

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NEWS trading-economics

Indonesia Shares Extend Decline to Kick off Week

Indonesian stocks fell 49 points or 0.8% to 5,848 in early Monday trade, marking the second straight session of losses as transport, property, and non-cyclicals weakened.Sentiment stayed cautious ahead of key data releases this week, including June CPI and May trade figures.Inflation in May edged t…

Trading Economics en
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trading-economics

Hong Kong Stocks Rise on Tech Rebound

The Hang Seng Index climbed 1.2%, or 288 points, to 22,950 on Monday, rebounding after back-to-back declines in the previous two sessions as bargain hunting emerged in beaten-down technology shares.Gains were led by technology and retail stocks, while sentiment was further supported by firmer globa…

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trading-economics

China Stocks Open the Week Mixed

The Shanghai Composite edged up 0.2% to 4,036 on Monday, while the Shenzhen Component dropped 0.3% to 15,729, following sharp losses in the previous week, as renewed US-Iran tensions threatened a recently brokered interim peace agreement and dampened risk appetite.Over the weekend, Iran carried out…

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dpa_afx

Japanese Market Notably Lower

TOKYO (dpa-AFX) - The Japanese stock market is trading notably lower on Monday, extending the sharp losses in the previous session, following the broadly negative from Wall Street on Friday, with the Nikkei 225 falling below the 68,900 level, with weakness in index heavyweights, exporters, technolo…

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S&P 500, Dow, Nasdaq Futures Climb As US, Iran Reportedly Agree To Pause Further Escalation: SLS, WEN, MSTR, WDC Stocks In Focus

U.S. stock futures edged higher in the overnight session on Sunday, following reports that the U.S. and Iran have agreed to pause the exchange of strikes that escalated over the weekend and plan to meet Tuesday in Qatar to resume talks.Fresh tensions broke out between the two nations after Tehran a…

Stocktwits en
ETFsindexStocksUS
trading-economics

South Korean Shares Extend Losses on US-Iran Uncertainty

The benchmark KOSPI fell more than 1% to around 8,300 on Monday, extending losses from the previous session, as renewed uncertainty over the fragile US-Iran ceasefire lifted oil prices and dampened global risk sentiment.The United States and Iran exchanged fresh strikes over the weekend, while Iran…

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First Tick: Top global cues to watch in today's trade

Indian benchmark indices are likely to open on a muted note on June 29, mirroring a largely flat trend in GIFT Nifty, which was trading around 24,094.50 in early trade.Track the latest updates on GIFT Nifty right here on MoneycontrolIndian benchmark indices extended the winning streak on the second…

Moneycontrol en
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dpa_afx

China Bourse May Test Support At 4,000 Points

BEIJING (dpa-AFX) - The China stock market on Friday wrote a finish to the two-day winning streak in which it had collected almost 15 points or 0.4 percent. The Shanghai Composite Index now sit just above the 4,025-point plateau and it may spin its wheels again on Monday.The global forecast for the…

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Asian stocks fall, oil prices rise on US-Iran talks

Asian markets declined even as US futures rose after reports that US-Iran had restrained from fresh escalation of their conflict.South Korea's Kospi index was down 3% while Japan's Nikkei 225 was down 1%.Contracts for the S&P 500 Index climbed 0.5% and those for the tech-heavy Nasdaq 100 rose 0.6…

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trading-economics

Australia Shares Edge Up as Week Starts

Australian equities added 18 points or 0.2% to 8,778 in Monday morning trade, extending prior-session gains as U.S. futures strengthened after Washington and Tehran agreed to halt hostilities ahead of peace talks this week over the Strait of Hormuz and other issues to end the war.In China, Australi…

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South Korean President to unveil massive AI and chip investment drive

By Joyce LeeSouth Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark P…

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ETFsindexStocksKR
trading-economics

Japanese Shares Fall for Second Session

The Nikkei 225 Index fell 1.3% to below 68,500, while the broader Topix Index slipped 0.5% to 3,944 on Monday, marking a second consecutive session of losses as investors monitored the latest developments in the Middle East. Oil prices climbed after renewed clashes between the US and Iran around th…

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