China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington
At the close, the Shanghai Composite index was up 0.24% at 2,875.42.
The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples sector up 2.62%, the Real Estate index up 1.39% and the healthcare sub-index up 1.81%.
Australian shares closed higher Monday, driven by gains in mining and energy stocks as the heavyweight sectors benefited from climbing prices of their respective underlying commodities.
The S&P/ASX 200 index rose 1.03% at 5,460.5 pts Monday. It is down 19.14% YTD.
New Zealand’s benchmark S&P/NZX 50 index ended 0.3% higher, helped by gains among utility and consumer stocks.
Japanese shares rose on Monday as signs of a slowdown in C-19 coronavirus infections raised optimism that the government would soon ease restrictions in additional prefectures, although escalating US-China trade tensions kept investors wary.
The benchmark Nikkei average gained 0.5% ay 20,133.73.
The broader Topix added 0.4% to end at 1,459.29, with 66% of the 33 sector sub-indexes on the Tokyo exchange finishing higher.
The NSE Nifty 50 index fell 3.05% to 8,857.90 by 0530 GMT, while the S&P BSE Sensex slid 3.09% to 30,137.63. The Nifty 50 slipped below the 9,000 level for the 1st time since 22 April.
Singapore shares gained Monday after the city-state reported a rise in annual exports, while most Southeast Asian stock markets tracked global equities to inch higher on renewed optimism as more countries eased lockdown restrictions and reopened their economies.
Asian shares sans Japan edged up 0.2%, while E-Mini futures for the U.S. S&P 500 added 1.1%.
Singapore’s benchmark index rose 0.8%, as annual exports rose for the 3rd month running in April, bolstered by a sharp rise in pharmaceutical shipments, according to official data.
Thailand’s index advanced, after a quiet session Friday where the index closed flat, buoyed by a jump in Crude Oil prices. Energy stocks boosted the index, with Lanna Resources up as much as 14.4%, while Prima Marine added 3.8%.
Philippine shares dropped 1.2% to their lowest in nearly 3 wks, with industrials and telecommunications services weighing the most. Earlier in the session, shares of the Philippines’ biggest broadcaster ABS-CBN Corp fell as much as 14.3% after the telecoms regulator ordered it to shut down operations.
Data as of 18 May 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||127.93||+0.49||+0.38%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:36am EDT||276.42||+1.16||+0.42%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:36am EDT||1,017.21||-29.73||-2.84%|
|.N225||Nikkei Stock Average 225||2:15am EDT||20,133.73||+96.26||+0.48%|
|.HSI||Hang Seng Index||3:52am EDT||23,905.31||+107.84||+0.45%|
|.AORD||ASX All Ordinaries Index||3:31am EDT||5,557.50||+64.70||+1.18%|
|.KS11||KOSPI Index||2:33am EDT||1,937.11||+9.83||+0.51%|
|.SETI||SET Composite Index||3:52am EDT||1,291.12||+10.36||+0.81%|
|.JKSE||Jakarta Composite||4:07am EDT||4,511.06||+3.45||+0.08%|
|.PSI||PSE Composite Index||12:50am EDT||5,479.35||-62.60||-1.13%|
|.SSEC||Shanghai Composite Index||3:44am EDT||2,875.42||+6.96||+0.24%|
|.BSESN||S&P BSE Sensex||3:52am EDT||30,235.12||-862.61||-2.77%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:52am EDT||1,415.24||+11.80||+0.84%|
|.HNX30||HNX 30 Index||14 May 2020||212.50||-4.70||-2.16%|
Have a healthy week, Keep the Faith!