Chinese stocks ended off Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices capped, stopping investors from chasing the rebound from the prior session.
The Shanghai Composite index closed 0.2% lower to 2,838.50.
The blue-chip CSI300 index ended down 0.3%, with its financial sector sub-index down 0.3%, the consumer staples sector up 0.3%, the real estate index and healthcare shares flat.
The smaller Shenzhen index lost 0.5% and the start-up board ChiNext Composite index was weaker by 0.7%.
Australian shares rose Thursday as risk appetite was whetted by a rebound in oil prices and hopes that global central banks would unleash more stimulus to cushion the economic blow from the coronavirus pandemic.
A 21% surge in rare earths miner Lynas also supported the benchmark S&P/ASX 200 index, which advanced 1% at 5,274.7 by 0020 GMT.
New Zealand’s main bourse S&P/NZX 50 rose 1.7% at 10,593.8, after 3 running sessions of losses.
Japanese stocks rose Thursday, as sellers covered their positions after Wall Street rebounded overnight on the promise of more US government aid to ease the economic damage inflicted by the coronavirus health crisis.
The Nikkei share average rose 1.52% at 19,429.44 after 3 running sessions of losses. The broader Topix gained 1.36% to 1,425.98.
Southeast Asian shares rose Thursday, taking cues from Wall Street that rose overnight after Crude Oil prices recovered and the US Congress looked set to approve a fresh fiscal package.
The Philippines index climbed as much as 1.8% as consumer and financial stocks rallied. Metropolitan Bank and Trust Co gained as much as 4.1%, while Jollibee Foods advanced about 4.5% to be on track for its best day since 14 April. The energy and industrial sectors helped Vietnam’s benchmark rise as much as 2.2%, its best session since 13 April. Petroleum Equipment and Metal was up more than 6%, while Hoa Binh Rubber jumped as much as 7%.
In Indonesia, the benchmark firmed as much as 1.2%, boosted by consumer stocks. Unilever Indonesia climbed almost 2.5% to its highest since April 7, while Indofood rose as much as 1.5%.
Thai stocks rose as much as 1.1% to hit their highest since March 11, as energy stocks helped. Thai Oil gained as much as 2.5%, its highest in nearly seven weeks, while PTG Energy rose 4.6% to a six week peak.
Singapore’s Straits Times Index was flat to little changed.
Data as of 23 April 2020. All quotes delayed at least 15 minutes.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||125.02||+1.73||+1.40%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:12am EDT||272.13||+1.31||+0.48%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:12am EDT||1,070.08||+16.21||+1.54%|
|.N225||Nikkei Stock Average 225||2:15am EDT||19,429.44||+291.49||+1.52%|
|.HSI||Hang Seng Index||3:29am EDT||23,970.94||+77.58||+0.32%|
|.AORD||ASX All Ordinaries Index||2:44am EDT||5,272.80||-1.00||-0.02%|
|.KS11||KOSPI Index||2:32am EDT||1,914.73||+18.58||+0.98%|
|.SETI||SET Composite Index||3:27am EDT||1,267.84||+6.03||+0.48%|
|.JKSE||Jakarta Composite||3:42am EDT||4,614.95||+47.39||+1.04%|
|.PSI||PSE Composite Index||12:50am EDT||5,599.55||+25.80||+0.46%|
|.SSEC||Shanghai Composite Index||3:16am EDT||2,838.50||-5.48||-0.19%|
|.BSESN||S&P BSE Sensex||3:28am EDT||31,816.65||+437.10||+1.39%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:28am EDT||1,385.56||+3.67||+0.27%|
|.HNX30||HNX 30 Index||21 Apr 2020||202.27||+3.69||+1.86%|
Have a healthy day, Keep the Faith!