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Asian Markets Mostly Higher


Asian Markets Mostly Higher
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Tuesday, following the positive cues from Wall Street overnight, as upbeat earnings news contributed to rebound along with continued optimism about the economy, despite some concerns about the spread of new coronavirus variants. Investors also await the U.S. Federal Reserve s monetary policy announcement on Wednesday for clues on the timing of stimulus tapering and the outlook for the global economy. Asian stocks ended mostly lower Monday.
The Australian stock market is modestly higher on Tuesday, after the slight losses of the previous session, with the benchmark S&P/ASX 200 breaking above the 7,400 level to fresh all-time highs, following the positive cues from Wall Street overnight, with materials and energy stocks lifting the market. Traders remain concerned about the spread of the highly contagious coronavirus variants in more states. ....

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Asian Markets Mostly Lower Cautious Trade


Asian Markets Mostly Lower Cautious Trade
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Friday, ignoring the positive cues overnight from Wall Street, as lingering worries over rising spread of the delta variant of the coronavirus in several parts across the world rendered the mood cautious. The markets are supported mainly by crude oil prices as they continue to recover from the recent selling-off. Asian markets ended mostly higher on Thursday.
Australian stock market is slightly higher after early losses on Friday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying just below the 7,400 level, following the positive cues overnight from Wall Street. Traders also remain concerned amid the rapid spread of the highly contagious coronavirus variants in four states and some regional areas, with lockdowns in three of the country s major cities limiting economic activity. ....

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Asian Markets Mostly Higher


Asian Markets Mostly Higher
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues overnight from Wall Street, led by a strong rebound in energy stocks and renewed optimism about economic growth. However, the upside is capped as traders remained cautious amid record infections of the highly contagious coronavirus delta variant in several markets in the region and across the world. Asian markets closed mixed on Wednesday.
The Australian stock market is modestly higher on Thursday, extending the gains of the previous session, with the benchmark S&P/ASX 200 just below the 7,400 level, following the broadly positive cues overnight from Wall Street, led by a strong rebound in energy stocks and renewed optimism about economic growth. Traders remain concerned amid the spike in COVID-19 cases of the highly contagious delta variant in New South Wales Victoria and South Australia. ....

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