Thursday’s World Markets Outlook: Asia-Pacific

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

Hong Kong stocks posted strong gains Thursday, with the index tracking Mainland stocks having its best day in more than 3 months, after a security law went into effect in the city this week.

The Hang Seng index rose 2.9% at 25,124.19, while the China Enterprises Index, tracking mainland companies listed in Hong Kong, gained 3.1% to 10,056.86, marking its best session since 25 March.

 China stocks rallied Thursday, with the blue-chip index closing at its highest in 2.5 yrs

The blue-chip CSI300 index ended 2.1% higher at 4,335.84, its highest closing level since 26 January 2018; the Shanghai Composite Index gained 2.1% at 3,090.57. Leading the gains, the CSI300 Real Estate index and the CSI300 SWS securities index rallied 3.5% and 7%, respectively.

Australian shares ended at their highest marks in 3 wks Thursday, led by financials and technology stocks, as positive developments in a C-19 vaccine trial and optimism about more stimulus raised hopes of a quicker economic recovery.

Rising for the 3rd straight day, the S&P/ASX 200 index gained 1.7% at 6,032.7. New Zealand’s benchmark S&P/NZX 50 index ending up 1.3% at 11,502.52.

Japan’s benchmark Nikkei average edged up 0.1% at 22,145.96. The broader Topix rose 0.3% at 1,542.76, with the 33 sector sub-indexes on the Tokyo exchange finishing higher.

Asia-Pacific Indexes

Data as of 2 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:45am EDT135.45+0.38+0.28%
.TRXFLDHKPThomson Reuters Equity HK Index5:46am EDT301.98+9.82+3.36%
.TRXFLDINPThomson Reuters Equity India Index6:10am EDT1,206.20+12.58+1.05%
.N225Nikkei Stock Average 2252:15am EDT22,145.96+24.23+0.11%
.HSIHang Seng Index4:08am EDT25,124.19+697.00+2.85%
.AORDASX All Ordinaries Index3:20am EDT6,142.30+101.30+1.68%
.KS11KOSPI Index5:03am EDT2,135.37+28.67+1.36%
.SETISET Composite Index5:41am EDT1,374.13+24.69+1.83%
.JKSEJakarta Composite4:14am EDT4,966.78+52.39+1.07%
.PSIPSE Composite Index12:50am EDT6,364.08+154.37+2.49%
.SSECShanghai Composite Index3:59am EDT3,090.57+64.59+2.13%
.BSESNS&P BSE Sensex6:26am EDT35,843.70+429.25+1.21%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,536.28+21.85+1.44%
.HNX30HNX 30 Index1 Jul 2020214.39-0.77-0.36%

Have a healthy day, Keep the Faith!