China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus.
At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20.
China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate index falling 0.08%, while its healthcare sub-index rose 2.07%.
Chinese H-shares listed in Hong Kong fell 0.14% to 9,884.44, while the Hang Seng Index was down 0.01% to 24,397.29.
The smaller Shenzhen index was down 0.09%, while the start-up board ChiNext Composite index was higher by 0.46%.
Japan’s Nikkei share average was little changed by midday Thursday after profit-taking pulled shares down from the 2,5-month high hit earlier in the session.
The Nikkei share average was down 0.05% to 20,583.95, after rising as much as 20,734.91, its highest mark since 8 March. The broader Topix lost 0.11% to 1,493.06.
SKorean shares rose Thursday as investors looked past the tepid domestic exports data and bet on a swift economic recovery from the C-16 coronavirus-induced recession and fresh stimulus measures from the United States.
The Korean won weakened, while the benchmark bond yield rose.
The Seoul stock market’s main KOSPI edged up 6.20 pts, or 0.32%, at 1,995.84 by 0232 GMT.
Australian shares rose to their highest in more than 2 months Thursday, tracking an overnight tech-led rally on Wall Street, as investors bet on renewed hopes of a swift economic recovery from the C-19 coronavirus-driven recession.
The S&P/ASX 200 index was up 0.3% at 5,591.9, as of 0055 GMT. Earlier in the session, the benchmark hit its highest since 12 March.
New Zealand’s benchmark S&P/NZX 50 index rose 0.4% at 10,828.78.
Southeast Asian stock markets rose on Thursday, tracking gains in Asia and Wall Street equities, as investors again bet on hopes of quicker economic recovery from the C-19 coronavirus-led lockdowns ahead of a Key policy meeting in China.
Malaysian stocks extended gains into a 7th session and rose 1% to their highest mark since 11 March, with healthcare and utilities weighing the most.
Singapore equities were higher in choppy trade after falling in the prior session.
Thai shares added 0.6% and were on course for a 5th straight session in the Green, a day after the country’s central bank cut its benchmark interest rate to a record low.
Vietnam’s benchmark edged half a per cent higher, boosted by consumer staples and financials. The benchmark was set to extend gains into a fourth session.
Financial markets in Indonesia were closed for a public holiday.
Data as of 21 May 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:29am EDT||130.80||-0.27||-0.21%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||2:30am EDT||279.73||-2.84||-1.01%|
|.TRXFLDINP||Thomson Reuters Equity India Index||2:28am EDT||1,044.53||+8.97||+0.87%|
|.N225||Nikkei Stock Average 225||2:15am EDT||20,552.31||-42.84||-0.21%|
|.HSI||Hang Seng Index||2:46am EDT||24,285.45||-114.50||-0.47%|
|.AORD||ASX All Ordinaries Index||2:17am EDT||5,660.80||-19.30||-0.34%|
|.KS11||KOSPI Index||2:32am EDT||1,998.31||+8.67||+0.44%|
|.SETI||SET Composite Index||1:29am EDT||1,330.13||+7.93||+0.60%|
|.JKSE||Jakarta Composite||20 May 2020||4,545.95||-2.70||-0.06%|
|.PSI||PSE Composite Index||12:50am EDT||5,604.49||+22.53||+0.40%|
|.SSEC||Shanghai Composite Index||2:46am EDT||2,867.46||-16.27||-0.56%|
|.BSESN||S&P BSE Sensex||2:46am EDT||31,036.86||+218.25||+0.71%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||2:44am EDT||1,451.85||+16.73||+1.17%|
|.HNX30||HNX 30 Index||19 May 2020||209.75||-2.87||-1.35%|
Have a healthy day, Keep the Faith!