Global Stock Exchanges.

Byline: S. Kamal Hayder Kazmi

Taiwan stock market tipped to open under pressure

The Taiwan stock market on Wednesday ended the two-day winning streak in which it had climbed more than 300 points or 1.6 percent. The Taiwan Stock Exchange now sits just beneath the 18,500-point plateau and the losses may accelerate on Thursday. The global forecast for the Asian markets is soft on concerns over the outlook for interest rates, especially among the tech shares. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead. The TSE finished slightly lower on Wednesday following mixed performances from the financial shares, technology stocks and cement companies. For the day, the index eased 26.39 points or 0.14 percent to finish at 18,499.96 after trading between 18,446.52 and 18,619.61.

Sensex gyrates 729 pts, ends 143 pts up

Domestic indices ended marginally higher on Friday amid consolidatory mood and mixed global cues. After starting gap-up, the BSE Sensex index marched ahead to hit a high of 60,130-mark intra-day. However, selling in select heavyweights like Bajaj twins, MandM, HDFC, Bharti Airtel, and LandT in the second half of the session erased gains. The index eventually ended at 59,745 level, up 143 points or 0.24 percent. It's NSE counterpart, Nifty50, meanwhile, closed at 17,813, up 67 points or 0.38 percent. Grasim, ONGC, Hindalco, HDFC Life, Shree Cement, Tata Consumer Products, and Asian Paints were the top Nifty gainers today. Among large-caps, shares of Titan Company ended 1 percent lower today after hitting a record high of Rs 2,687 apiece on the BSE earlier today. "The company has witnessed a buoyancy in jewellery demand, driven by festive purchases in October and November which helped the division achieve a 37 percent growth for the quarter, it said in an update for Q3FY22.

Japan's Nikkei 225 drops nearly 3pc

Shares in Asia-Pacific declined on Thursday following losses overnight that saw the Dow Jones Industrial Average notching its first decline of 2022. In Japan, the Nikkei 225 slipped 2.88 percent to close at 28,487.87 while the Topix index dipped 2.07 percent to 1,997.01. Australian stocks also saw heavy losses as the SandP/ASX 200 fell 2.74 percent on the day to 7,358.30, with shares of Afterpay plunging nearly 11 percent. The Shanghai composite in mainland China closed 0.25 percent lower at 3.586.08 while the Shenzhen component slipped 0.663 percent to 14,429.51. South...