Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic.
The benchmark S&P/ASX 200 index closed 0.5% higher at 5,242.6. On the week, it shed 4.5%.
New Zealand’s benchmark S&P/NZX 50 index fell 0.3% or 26.63 points to finish to 10,419.48.
Chinese shares fell on Friday and ended the week lower amid lingering coronavirus worries, but losses were limited as Beijing pledged more support to shore up the world’s second- largest economy.
The blue-chip CSI300 index fell 0.9% to 3,796.97, while the Shanghai Composite Index dropped 1.1% to 2,808.53.
On the week, both SSEC and CSI300 shed 1.1% each, but narrower than the 1.7% fall of MSCI’s broadest index of Asia-Pacific shares sans Japan.
Japanese shares ended lower Friday, marking their 1st weekly decliner in 3, as investors are still in the dark over when and how quickly the economy can recover from the fallout of the coronavirus chaos.
The Nikkei share average closed 0.86% lower to 19,262.00, with a weekly loss of 3.2%.
The broader Topix lost 0.33% to 1,421.29.
Cyclical shares led the losses, with 27 of 33 industry sub-indexes in the Tokyo Stock Exchange trading in the Red, while semiconductor-related shares were affected by dim earnings outlook from US chipmaker Intel.
Most Southeast Asian stock markets fell on Friday as lockdown extensions in parts of the region and weak global economic data reminded investors of the damage caused by the coronavirus chaos.
Philippines led losses, falling as much as 1.6% after President Duterte extended the lockdown in the capital until 15 May.
Malaysia shed as much as 1%, after the government extended movement restrictions in the country until May 12, which is likely to arrest economic activity.
Singapore’s Straits Times Index declined as much as 1.6% to a near 3-wk low and is on track to post its biggest weekly loss since 3 April.
Thai stocks rose as much as 0.4%. The benchmark is on track to post its 4th consecutive weekly gainer. Insurer Premier Enterprise jumped 50%, while stainless steel products maker Thai-German Products climbed 25%.
Data as of 24 April 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||124.55||-0.47||-0.38%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:08am EDT||270.39||-1.29||-0.47%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:08am EDT||1,061.65||-5.43||-0.51%|
|.N225||Nikkei Stock Average 225||2:15am EDT||19,262.00||-167.44||-0.86%|
|.HSI||Hang Seng Index||3:25am EDT||23,879.05||-98.27||-0.41%|
|.AORD||ASX All Ordinaries Index||3:34am EDT||5,300.70||+27.90||+0.53%|
|.KS11||KOSPI Index||2:30am EDT||1,889.01||-25.72||-1.34%|
|.SETI||SET Composite Index||1:29am EDT||1,269.54||-2.99||-0.23%|
|.JKSE||Jakarta Composite||3:39am EDT||4,508.03||-85.52||-1.86%|
|.PSI||PSE Composite Index||12:50am EDT||5,464.98||-134.57||-2.40%|
|.SSEC||Shanghai Composite Index||3:00am EDT||2,808.53||-29.97||-1.06%|
|.BSESN||S&P BSE Sensex||3:25am EDT||31,737.82||-125.26||-0.39%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:21am EDT||1,373.28||-8.36||-0.61%|
|.HNX30||HNX 30 Index||22 Apr 2020||203.04||+0.77||+0.38%|
Have a healthy weekend, Keep the Faith!