Friday’s World Markets Outlook: Asia-Pacific

Japanese shares dropped Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad.

The benchmark Nikkei average slipped 0.1% to 19,326.78 by the midday break, despite overnight gains on Wall Street, as investors locked in some recent gains.

SKorean shares rose Friday as market sentiment was lifted by the Fed’s fresh stimulus measures overnight that eased concerns over a liquidity crunch. The Korean won strengthened, while the benchmark bond yield rose.

The Seoul stock market’s main KOSPI closed up 24.49 pts, or 1.33%, at 1,860.70. On the week, the KOSPI gained 7.84%.

Shanghai stocks fell Friday on bleak factory gate data that pointed to a prolonged recovery, but ended the week with their biggest gainer in 5 on hopes of more economic stimulus to shore up the world’s 2nd-largest economy.

The blue-chip CSI300 index fell 0.6%, to 3,769.18, while the Shanghai Composite Index shed 1% to 2,796.63 pts.

On the week, CSI300 gained 1.5%, while SSEC advanced 1.2%, its biggest weekly gainer since the week of 6 March.

Philippines closed for a holiday

ASIA-PACIFIC INDICES

Data as of 10 April 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:59am EDT125.31+1.09+0.88%
.TRXFLDHKPThomson Reuters Equity HK Index3:10am EDT271.26+0.00+0.00%
.TRXFLDINPThomson Reuters Equity India Index3:10am EDT1,038.70+0.00+0.00%
.N225Nikkei Stock Average 2252:15am EDT19,498.50+152.73+0.79%
.HSIHang Seng Index9 Apr 202024,300.33+329.96+1.38%
.AORDASX All Ordinaries Index9 Apr 20205,439.40+180.60+3.43%
.KS11KOSPI Index2:33am EDT1,860.70+24.49+1.33%
.SETISET Composite Index3:26am EDT1,215.32+4.84+0.40%
.JKSEJakarta Composite9 Apr 20204,649.08+22.38+0.48%
.PSIPSE Composite Index8 Apr 20205,510.83-139.18-2.46%
.SSECShanghai Composite Index3:17am EDT2,796.63-29.27-1.04%
.BSESNS&P BSE Sensex9 Apr 202031,159.62+1,265.66+4.23%
.FTFBMKLCIFTSE Bursa Malaysia KLCI3:26am EDT1,356.50-13.26-0.97%
.HNX30HNX 30 Index8 Apr 2020197.88+4.54+2.35%

Have a happy healthy Easter and Passover weekend, stay home, Keep the Faith!

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