Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan

 Asian markets were powered Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region.

MSCI’s broadest index of Asia-Pacific shares sans Japan advanced 0.7% to 551.48, but stayed within striking distance of a 2-month low of 543.66 hit last wk.

Australian shares closed lower Monday, with financials and consumers stocks weighing.

The S&P/ASX 200 index swung between gains and losses throughout the session before settling 0.2% lower to 5,952.3.

New Zealand’s benchmark S&P/NZX 50 index ended higher at 11,802.29.

The Nikkei 500 has gained 7.7% YTD, compared with a 0.6% fall in the Nikkei 225. In USD terms, the 500 has risen more than 11% beating 2.1% gains in the US S&P 500 .SPX.

Some fund managers say it is a superior benchmark compared with the better-known Nikkei average.

 China’s blue-chip index finished up Monday, as industrial firms posted profit growth for a fourth straight month in August, pointing to a continued recovery in the world’s second-largest economy from the coronavirus crisis.

The blue-chip CSI300 index rose 0.3%, at 4,581.91, while the Shanghai Composite Index slipped 0.1% to 3,217.53.

Asia-Pacific Indexes

Data as of 28 September 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:41am EDT145.74+2.36+1.65%
.TRXFLDHKPThomson Reuters Equity HK Index5:42am EDT299.68+2.86+0.96%
.TRXFLDINPThomson Reuters Equity India Index7:29am EDT1,313.40+23.95+1.86%
.N225Nikkei Stock Average 2252:15am EDT23,511.62+307.00+1.32%
.HSIHang Seng Index4:08am EDT23,476.05+240.63+1.04%
.AORDASX All Ordinaries Index3:28am EDT6,134.90-5.60-0.09%
.KS11KOSPI Index5:01am EDT2,308.08+29.29+1.29%
.SETISET Composite Index5:49am EDT1,263.02+18.08+1.45%
.JKSEJakarta Composite4:14am EDT4,906.55-39.24-0.79%
.PSIPSE Composite Index12:50am EDT5,861.39+22.73+0.39%
.SSECShanghai Composite Index3:00am EDT3,217.53-1.88-0.06%
.BSESNS&P BSE Sensex7:58am EDT37,981.63+592.97+1.59%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,511.66+2.52+0.17%
.HNX30HNX 30 Index27 Sep 2020247.61+2.85+1.16%

Have a healthy week, Keep the Faith!

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
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