Tuesday’s World Markets Outlook: Asia-Pacific

Australian shares rose the most in more than 2 months Tuesday as the Fed’s move to start buying corporate bonds and upbeat remarks from the domestic central bank boosted investor confidence.

The S&P/ASX 200 index rose 3.89% at 5,942.3 points at the close of trade, snapping 3 straight sessions of losses.

In New Zealand, the S&P/NZX 50 index rose 0.8% to finish the session at 10,953.85

China shares rose Tuesday, tracking gains from the global markets after the Fed widened its bond buying program, while investors showed confidence that Beijing would be able to put the latest resurgence of coronavirus cases under control.

At the midday break, the Shanghai Composite index was up 0.87% at 2,915.09.

China’s blue-chip CSI300 index was up 0.89%, with its financial sector sub-index higher by 0.75%, the consumer staples sector up 0.55%, the Real Estate index up 0.94% and the healthcare sub-index up 1.31%.

Chinese H-shares listed in Hong Kong rose 2.68% to 9,915.03, while the Hang Seng Index was up 2.95% at 24,478.64.

The smaller Shenzhen index was up 0.94% and the start-up board ChiNext Composite index rose 0.97%. 

In Japan: the benchmark Nikkei average advanced 3.32% to 22,244.96 by the midday break, bouncing back from a near 3-wk low hit Monday.

On the Nikkei index, there were 222 advancers Vs 3 decliners.

Asia-Pacific Indexes

Data as of 16 June 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:40am EDT139.88+5.53+4.12%
.TRXFLDHKPThomson Reuters Equity HK Index2:40am EDT287.31+8.03+2.88%
.TRXFLDINPThomson Reuters Equity India Index2:41am EDT1,143.43+14.98+1.33%
.N225Nikkei Stock Average 2252:15am EDT22,582.21+1,051.26+4.88%
.HSIHang Seng Index2:57am EDT24,391.78+614.83+2.59%
.AORDASX All Ordinaries Index2:17am EDT6,058.10+228.10+3.91%
.KS11KOSPI Index2:32am EDT2,138.05+107.23+5.28%
.SETISET Composite Index1:29am EDT1,375.96+33.97+2.53%
.JKSEJakarta Composite3:11am EDT4,966.60+150.27+3.12%
.PSIPSE Composite Index12:50am EDT6,281.75+117.93+1.91%
.SSECShanghai Composite Index2:57am EDT2,931.62+41.59+1.44%
.BSESNS&P BSE Sensex2:57am EDT33,575.69+346.89+1.04%
.FTFBMKLCIFTSE Bursa Malaysia KLCI2:52am EDT1,523.33+24.50+1.63%
.HNX30HNX 30 Index14 Jun 2020220.77-6.52-2.87%

Have a healthy day, Keep the Faith!