Skip to main content

Posts

Showing posts with the label MSCI Asia-Pacific Index

Featured Post

Market Daily Report: Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

 KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.

Asian Markets Pull Back as Ceasefire Uncertainty Triggers Profit-Taking

Asian equities retreated on Friday as investors turned cautious,  locking in gains after a strong global rally  while awaiting clearer signals on a potential  US-Iran ceasefire extension . Regional Stocks Slip After Multi-Day Rally The  MSCI Asia-Pacific Index  fell  0.8% , snapping a  three-day winning streak . Key markets across the region also declined: Topix   -1.1% Hang Seng Index   -0.8% Shanghai Composite   -0.2% The pullback comes after a  10-day global rally  that pushed equities to record highs, leaving markets vulnerable to  short-term profit-taking . Oil Prices Ease as Ceasefire Hopes Persist Crude prices declined as optimism over diplomacy improved: Brent crude  fell  1.1% to ~US$98 per barrel WTI crude  dropped  1.6% to ~US$93 per barrel The easing reflects expectations that a  ceasefire could reopen the Strait of Hormuz , restoring oil flows and reducing inflation pressures. Markets ...

Asian Markets Rally as Oil Retreats on Renewed US-Iran Peace Hopes

Asian equities advanced on Wednesday as easing geopolitical tensions and falling oil prices boosted  risk appetite , signaling a potential stabilisation in global markets after weeks of volatility.  Regional Stocks Rebound on Improved Sentiment The  MSCI Asia-Pacific Index  rose  1.2% , with broad-based gains across the region. South Korea led the rally, with its benchmark surging  3.1% China’s  CSI 300 Index  recovered losses tied to the Iran conflict Markets in Taiwan and Singapore also  erased earlier declines , reflecting improving investor confidence The rebound suggests  Asian markets are recovering from war-driven selloffs , as investors anticipate de-escalation. Oil Prices Decline, Easing Inflation Concerns Crude oil prices extended losses for a second session: Brent crude fell to around US$94.50 per barrel WTI crude dropped to about US$90.70 per barrel The decline followed comments from  Donald Trump  indicating the co...

China Leads Asia Higher as Region Shrugs Off US AI Sell-Off

Quick Summary Asian stocks outperformed the US , avoiding Wall Street’s AI-driven sell-off China and South Korea rebounded , led by semiconductor names Gold and silver retreated  after recent record highs Asia-Pacific equities are  up 12% YTD , vs a slight decline in the S&P 500 Asia Stays Resilient Despite US Tech Angst Asian equities largely shrugged off a US market slide triggered by concerns that  artificial intelligence could erode profits across multiple industries . The  MSCI Asia-Pacific Index  swung between gains and losses, with: Japan’s Topix +0.2%  (after reopening from holiday) South Korea +1.1% , recovering early losses Shanghai Composite +0.6% Hang Seng -1.8% Key point:  Asia has avoided the intense AI-driven rotation hitting US software and tech stocks. Why Asia Is Outperforming Asia is seen as a  beneficiary of AI supply-chain demand , particularly in semiconductors Investors are rotating into  chipmakers in South Korea a...

Asian Markets Climb as US–China Tariff Truce Extends to November

Markets React Positively to Trade Truce Asian equities rose on Tuesday after U.S. President Donald Trump extended a 90-day pause on tariffs with China, removing a key near-term risk for investors ahead of a closely watched U.S. inflation report. The  MSCI Asia-Pacific Index  gained 0.4%. Japan’s  Nikkei 225  surged to a record high as trading resumed after a public holiday. The U.S. dollar edged lower, while gold climbed 0.4%. The tariff truce pushes the deadline to  November 10 , avoiding an immediate hike in duties on Chinese imports such as rare earth magnets and certain technologies. “All other elements of the Agreement will remain the same,” Trump said in a Truth Social post. Focus Turns to US Inflation Data Attention now shifts to July’s  Consumer Price Index (CPI)  report, expected later Tuesday. Economists project a  0.3% rise in core CPI , which strips out food and energy. Markets are pricing in about a  90% probability of a Septembe...