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Asian Stock Markets Trading Hours

Normal Trading Hours
Current time (GMT+8)
Country Morning Lunch Break Afternoon
10:00am to 04:10pm
9:30am to 11:30am 11:30am to 1:00pm 1:00pm to 3:00pm
9:30am to 12:00pm 12:00pm to 1:00pm 1:00pm to 4:15pm
9:15am to 3:30pm

Note: For Friday, due to praying, trading hours change slightly.
(see in blue)
9:00am to 12:00pm
9:00am to 11:30am
12:00pm to 1:30pm
11:30am to 2:00pm
1:30pm to 4:00pm
2:00pm to 4:00pm
9:00am to 11:30am 11:30am to 12:30pm 12:30pm to 3:00pm
9:00am to 12:30pm 12:30pm to 2:30 pm 2:30pm to 5:00pm
10:00am to 4:45pm
9:30am to 12:00pm 12:00pm to 1:30pm 1:30pm to 03:30pm
9:00am to 5:00pm
9:00am to 3:30pm
9:00am to 12:30pm 12:30pm to 1:40pm 1:40pm to 2:30pm
9:55am to 12:30pm 12:30pm to 2:25pm 2:25pm to 4:35pm
9:00am to 11:30am 11:30am to 1:00pm 1:00pm to 03:00pm

1. Time indicated above are in GMT+8 format, for Daylight Saving Time, please set the time 1 hour ahead.

2. There are no trading on weekends and public holidays. Typically, when a holiday falls on Sunday, the following Monday will be a public holiday, and if this day is already a holiday, then the next day shall be a public holiday.

3. Typically, trading on Christmas Eve (24 December 201x) and New Years Eve (31 December 201x) will be closed in the afternoon session unless these day is on the weekend.

»  Click here for Trading Hours on Christmas Eve and New Year Eve
»  Click here for Trading Hours on Chinese (Lunar) New Year Eve

Wednesday, May 10, 2017

IMF says Asia facing risks from rise in protectionism

SINGAPORE (Reuters) - The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.

The IMF, which in April raised its 2017 Asia-Pacific growth forecast to 5.5 percent from its previous October forecast of 5.4 percent, said loose monetary and fiscal policies across most of the region would underpin domestic demand.

"However, the near-term outlook is clouded with significant uncertainty, and risks, on balance, remain slanted to the downside," the IMF said in its Asia-Pacific regional economic outlook released on Tuesday.

In April, the IMF kept the region's 2018 growth forecast unchanged at 5.4 percent. Asia-Pacific recorded 5.3 percent growth in 2016.

The report comes at a time when policymakers around the region are wrestling with the challenge of how to navigate rising risks of protectionism under U.S. President Donald Trump, and a potential increase in funding costs as the Federal Reserve steps up the pace of rate hikes.

"A possible shift toward protectionism in major trading partners also represents a substantial risk to the region. Asia is particularly vulnerable to a decline in global trade because the region has a high trade openness ratio, with significant participation in global supply chains," the IMF said.

Centrist Emmanuel Macron's victory in France's presidential election is "good news" for open trade and globalisation, Changyong Rhee, director of the IMF's Asia and Pacific Department told a news conference.

Rhee added that he hoped a recent agreement between Trump and China's President Xi Jinping on a 100-day plan for trade talks would lead to expanded global trade rather than a reduction.
"So at this moment, I'm cautiously optimistic."

Continued tightening of global financial conditions could trigger volatility in capital flows, and the region could see large spillovers if China's shift to a more consumption-driven economy proves bumpier than expected, the IMF said.

Rhee reiterated that the IMF may need to upgrade its 2017 China growth forecast from 6.6 percent after the economy expanded more than expected in the first quarter, though he also said there are concerns about whether strong credit growth is being allocated efficiently.

The IMF emphasised that foreign exchange intervention should not be used to resist currency moves that reflect changes in fundamentals including in the global trade environment or as a substitute for macroeconomic policy adjustments.

It added, however, that "judicious" foreign exchange intervention might be called for in certain cases, such as when disorderly market conditions or rapid exchange rate movements threaten financial or corporate stability.

(Reporting by Masayuki Kitano; Editing by Shri Navaratnam)

Source:  Yahoo

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Asian Markets Index Yearly Performance Comparison

At a Glance

 From Beginning of January to End of December

Number Country Gain / Loss
1 Philippines +3.72%
2 Indonesia +2.53%
3 Malaysia -0.18%
4 New Zealand -1.04%
5 South Korea -11.80%
6 Australia -15.23%
7 Singapore -18.22%
8 Japan -18.68%
9 Hong Kong -21.34%
10 Taiwan -21.64%
11 China -22.90%
12 India -24.83%

 From Beginning of January to End of December

Number Country Gain / Loss
1 India +25.19%
2 New Zealand +23.67%
3 Philippines +23.10%
4 Japan +21.44%
5 Hong Kong +20.02%
6 Singapore +17.81%
7 Australia +12.26%
8 Indonesia +11.89%
9 Malaysia +11.59%
10 Taiwan +10.75%
11 South Korea +9.35%
12 China +4.60%

 From Beginning of January to End of December

Number Country Gain / Loss
1 Japan +52.45%
2 New Zealand +16.50%
3 Australia +13.35%
4 Malaysia +11.50%
5 Taiwan +10.70%
6 India +7.39%
7 Philippines +0.49%
8 Hong Kong -0.02%
9 South Korea -0.97%
10 Singapore -1.07%
11 Indonesia -1.66%
12 China -6.75%

 From Beginning of January to End of December

Number Country Gain / Loss
1 China +39.27%
2 India +30.08%
3 Thailand +22.29%
4 Philippines +21.56%
5 Indonesia +20.79%
6 New Zealand +17.55%
7 Taiwan +8.07%
8 Vietnam +7.96%
9 Japan +7.12%
10 Singapore +6.09%
11 Hong Kong +0.69%
12 Australia +0.35%
13 South Korea  -2.62%
14 Malaysia  -4.95%

 From Beginning of January to End of December

Number Country Gain / Loss
1 New Zealand +13.58%
2 China +9.41%
3 Japan +9.07%
4 Vietnam +6.12%
5 Pakistan +2.13%
6 South Korea +1.81%
7 Australia -1.30%
8 Malaysia -3.45%
9 Philippines -3.85%
10 Sri Lanka -5.54%
11 India -6.35%
12 Hong Kong -7.62%
13 Taiwan  -10.41%
14 Indonesia  -12.39%
15 Thailand  -14.00%
16 Singapore  -14.47%

 From Beginning of January to End of December

Number Country Gain / Loss
1 Pakistan (KSE100) +45.68%
2 Thailand (SET) +19.79%
3 Indonesia (JCI) +15.32%
4 Vietnam (VNINDEX) +14.82%
5 Taiwan (TAIEX) +10.98%
6 Bangladesh (DSEX) +10.21%
7 New Zealand (NZX50) +8.81%
8 Australia (AORD) +7.01%
9 South Korea (KOSPI) +3.32%
10 India (SENSEX) +1.95%
11 Japan (N225) +0.42%
12 Hong Kong (HSI) +0.39%
13 Singapore (STI)  -0.07%
14 Philippines (PSEI)  -1.60%
15 Malaysia (KLCI) -3.00%
16 Sri Lanka (CSE)  -9.66%
17 China (SSEC)  -12.31%