Thursday’s World Markets Outlook: Asia-Pacific

China stocks firmed Thursday as policymakers assured investors that the economy is gradually recovering from the C-19 coronavirus chaos, while pledging more reforms and liquidity to bolster capital markets.

At the midday break, the Shanghai Composite index was up 0.03% at 2,936.88 pts, while China’s blue-chip CSI300 index rose 0.46%.

The smaller Shenzhen index was unchanged for the day and the start-up board ChiNext Composite index was weaker by 0.41%.

Japanese shares closed lower Thursday onconcerns about a swift recovery in the global economy.

The benchmark Nikkei average fell 0.45% to 22,355.46, with 58 advancers Vs 161 decliners.

The broader Topix fell by 0.25% to 1,583.09, with 24 of the 33 sector sub-indexes on the Tokyo exchange posting decliners.

Australian shares fell on Thursday, weighed by heavyweight mining and energy sectors, as a spike in coronavirus cases across the United States and China put a damper on sentiment.

The S&P/ASX 200 index fell 0.41% to 5,967.5 pts. The index is down 10.36% YTD.

New Zealand: The S&P/NZX 50 index slipped 0.37% as data showed GDP fell 1.6% in Q-1, the largest fall in 29 yrs.

Asia-Pacific Indexes

Data as of 18 Jun 2020. All quotes delayed at least 15 minutes.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:38am EDT138.96-0.36-0.26%
.TRXFLDHKPThomson Reuters Equity HK Index2:39am EDT289.22+0.85+0.29%
.TRXFLDINPThomson Reuters Equity India Index2:37am EDT1,144.47+7.76+0.68%
.N225Nikkei Stock Average 2252:15am EDT22,355.46-100.30-0.45%
.HSIHang Seng Index2:54am EDT24,415.76-65.65-0.27%
.AORDASX All Ordinaries Index2:17am EDT6,051.90-57.20-0.94%
.KS11KOSPI Index2:33am EDT2,133.48-7.57-0.35%
.SETISET Composite Index1:29am EDT1,369.52-6.66-0.48%
.JKSEJakarta Composite3:08am EDT4,971.32-16.46-0.33%
.PSIPSE Composite Index12:50am EDT6,348.45+66.44+1.06%
.SSECShanghai Composite Index2:54am EDT2,939.59+3.71+0.13%
.BSESNS&P BSE Sensex2:54am EDT33,724.91+216.99+0.65%
.FTFBMKLCIFTSE Bursa Malaysia KLCI2:53am EDT1,505.92-20.40-1.34%
.HNX30HNX 30 Index16 Jun 2020221.45-3.21-1.43%

Have a healthy day, Keep the Faith!