Markets Daily In Brief

ASIA/PACIFIC -The Australian stock market closed slightly higher on Wednesday following the mixed cues from Wall Street overnight. -Asian stock markets traded mostly higher with only the Japanese index tumbling and shares of Japanese subway operator Tokyo Metro closing 45% higher after a stellar IPO. – The Institute of Finance & Banking, affiliated to the Chinese Academy of Social Sciences (CASS) has

ASIA/PACIFIC -The Australian stock market closed firmly in the red on Friday, as the big resources companies dipped sharply after a fall in iron ore prices overnight. -Major Asian stock indices traded mostly, following China’s gross domestic product (GDP) data which landed at 4.6% year on year in the third quarter of 2024, slightly above estimates by economists in a Reuters poll.

ASIA/PACIFIC -The Australian stock market rallied to record levels on Thursday after the unemployment rate came in at 4.1 percent in September, slightly below the market consensus of 4.2 percent. -Asian stocks ended mixed and China property stocks dropped nearly 8% after China’s housing ministry briefing failed to impress investors. -TSMC is the world’s largest producer of advanced chips, reported a 54%

.ASIA/PACIFIC -The Australian stock market closed lower on Friday following losses on Wall Street and on the back of geopolitical tension in the Middle East. -Asian markets traded mixed as investors kept a watchful eye on the Middle East where an escalating conflict has contributed to a sharp increase in the price of crude oil. -The Reserve Bank of India likely intervened

.ASIA/PACIFIC -The Australian stock market closed higher on Monday, adding to the gains in the previous two sessions after China announced a slew of stimulus measures last week. -Major Asian stock indices traded mostly higher, with Chinese indices jumping after a fresh batch of data for September. China’s official purchasing managers’ index reading for September came in at 49.8, better than the

.ASIA/PACIFIC -The Australian stock market closed higher on Friday thanks to a boost from the mining sector. -Asian markets rose and Chinese stocks saw their best week since 2008 buoyed by several economic stimulus measures by the central bank. -India led the global IPO market in the first eight months of 2024, with 227 listings totalling $12.2 billion, according to London-based GlobalData.

.ASIA/PACIFIC -The Australian stock market closed lower on Wednesday, as Australian inflation eased from 3.5% to 2.7% in August. -China stocks led Asian markets, buoyed by a slate of economic support measures announced by Beijing a day earlier. -Data showed that a leading indicator of Japan’s service-sector inflation held steady at 2.7 percent in August. . EUROPE -Major European stock markets traded