© Reuters.
Investing.com — The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.06% or 11 points lower at 23:20 ET (03:20 GMT) late Tuesday, indicating a flat opening on Dalal Street.
Further, the and traded flat.
The US market began the holiday-curtailed week by booking profits with major indices ending lower on Tuesday amid a weak global demand outlook. Investors await Fed Chair on the economic outlook and recent monetary policy actions scheduled for later in the day.
dropped 0.16%, fell 0.72%, and declined 0.47% on Tuesday.
Asian shares continued to fall on Wednesday after the People’s Bank of China cut two benchmark lending rates during the day, but investors remained impatient about the lack of a wider stimulus package by Beijing.
At 23:22 ET, Japan’s gained 0.4%, South Korea’s declined 0.54%, Hong Kong’s plunged 1.9%, China’s dropped 0.5%, and Australia’s contracted 0.31%.
Oil prices rose on Wednesday and snapped a two-day losing run, following strong US economic data and hopes of improving demand in Asia, an Investing.com report noted.
advanced 0.3% to $76.15/barrel and traded at $71.41 a barrel. climbed 0.44%.
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