Friday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific

Hong Kong stocks ended higher Friday but posted their worst weekly decline in 2 months, weighed down by a sharp correction on the Mainland, where better-than-expected GDP data fuelled worries over the pace of policy easing.

At the close of trade, the Hang Seng index was up 0.47% at 25,089.17. The Hang Seng China Enterprises index rose 0.69% at 10,203.57.

The sub-index of the Hang Seng tracking energy shares dipped 0.2%, while the IT sector rose 2.09%, the financial sector ended 0.02% higher and the property sector dipped 0.51%.

Australian shares closed higher Friday, helped by gains in mining and material stocks even as concerns over rising coronavirus cases kept many investors on the sidelines.

The S&P/ASX 200 index rose 0.4% at 6,033.60, recovering some ground after Thursday’s 0.7% fall. For the week, it was up 1.5%.

In New Zealand, the benchmark S&P/NZX 50 index rose 0.7% at 11,584.1.

Japanese shares extended falls into a 2nd session Friday as the spread of the coronavirus prompted some investor scepticism about a swift economic recovery.

The benchmark Nikkei share average ended 0.32% lower to 22,696.42, with 50 advancers on the index against 170 decliners.

The broader Topix lost 0.33% at 1,573.85.

Asia-Pacific Indexes

Data as of 17 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:38am EDT137.94-0.45-0.33%
.TRXFLDHKPThomson Reuters Equity HK Index5:38am EDT305.92+3.18+1.05%
.TRXFLDINPThomson Reuters Equity India Index6:52am EDT1,239.72+18.06+1.48%
.N225Nikkei Stock Average 2252:15am EDT22,696.42-73.94-0.32%
.HSIHang Seng Index4:08am EDT25,089.17+118.48+0.47%
.AORDASX All Ordinaries Index2:52am EDT6,144.90+21.90+0.36%
.KS11KOSPI Index5:03am EDT2,201.19+17.43+0.80%
.SETISET Composite Index5:45am EDT1,359.58+11.72+0.87%
.JKSEJakarta Composite4:14am EDT5,079.58-18.79-0.37%
.PSIPSE Composite Index12:50am EDT6,088.75-58.91-0.96%
.SSECShanghai Composite Index3:00am EDT3,214.13+4.03+0.13%
.BSESNS&P BSE Sensex7:09am EDT37,020.14+548.46+1.50%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,596.33+31.33+2.00%
.HNX30HNX 30 Index16 Jul 2020221.10+1.60+0.73%

Have a healthy weekend, Keep the Faith!