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EQUITIES: Asian Equities Opening Higher, SK Equities Surge

EQUITIES
EquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

Asian equities are showing modest gains this morning, bucking the cautious mood from Wall Street's fifth consecutive decline. The Kospi is 1.60% higher as local authorities moved to arrest impeached President Yoon Suk Yeol, with targeted support for equities expected, although foreign investor sentiment remains fragile amid pressure from sliding Chinese stocks. Australia's ASX 200 gained 0.3%, led by financial and real estate sectors, while New Zealand's NZX 50 has returned from an extra day break with and is 0.6% lower. Trading in Japan and US Treasuries in Asia was closed for a holiday. 

  • In early morning trading foreign investors have been slightly better buyers of South Korea equities, with a net inflow of $83m. The Region is the top performing market so far this morning.
  • US equity futures are trading slightly higher this morning, with Nasdaq 100 +0.30%, S&P 500 +0.20% and Dow futures up 0.10%.

  • There is nothing on the developed market data calendar today, and with Japan and US tsys trading closed expect market to be rather quiet.

     

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Asian equities are showing modest gains this morning, bucking the cautious mood from Wall Street's fifth consecutive decline. The Kospi is 1.60% higher as local authorities moved to arrest impeached President Yoon Suk Yeol, with targeted support for equities expected, although foreign investor sentiment remains fragile amid pressure from sliding Chinese stocks. Australia's ASX 200 gained 0.3%, led by financial and real estate sectors, while New Zealand's NZX 50 has returned from an extra day break with and is 0.6% lower. Trading in Japan and US Treasuries in Asia was closed for a holiday. 

  • In early morning trading foreign investors have been slightly better buyers of South Korea equities, with a net inflow of $83m. The Region is the top performing market so far this morning.
  • US equity futures are trading slightly higher this morning, with Nasdaq 100 +0.30%, S&P 500 +0.20% and Dow futures up 0.10%.

  • There is nothing on the developed market data calendar today, and with Japan and US tsys trading closed expect market to be rather quiet.