Australian shares finished lower Tuesday after the Treasury said it was not working on any new stimulus packages at the moment, while the country readied to relax some restrictions amid a decline in coronavirus cases.
The S&P/ASX 200 index ended 0.2% lower to 5313.1 at the close. The benchmark rose 1.5% Monday.
New Zealand’s benchmark index rose 3.3% to end at its highest closing mark in over a wk, as trading resumed following a holiday Monday.
Japanese stocks ended steady on Tuesday as investors booked profits after sharp gains in the previous session, while a raft of better-than-expected earnings results and forecasts supported the major indexes.
The benchmark Nikkei average slipped 0.1% to 19,771.19 at the close, a day after the index posted a hefty gainer of 2.7% and ahead of the Showa Day holiday Wednesday.
The Nikkei volatility index, considered a fear gauge based on option pricing, dropped as much as 11.3% to a 1.5-month low of 30.9, reflecting a decline in market worries.
China stocks Tuesday went in and out of the Red, but turned Green as the start-up index gained on fresh regulatory reform, while investors awaited big banks to release their earnings after a tumultuous Q-1.
At the midday break, the Shanghai Composite index was up 0.1% at 2,818.48 pts, after dropping 2% to its lowest mark in more than 3 wks in morning trade.
China’s blue-chip CSI300 index was up 0.8%, with its financial sector sub-index rising 1.2%, the consumer staples sector up 1.6%, the Real Estate index up 1.7% and the Healthcare sub-index climbed 0.1%.
The Shenzhen index was up 0.1% and the start-up board ChiNext Composite index climbed 1.3%.
Hong Kong leader Carrie Lam said on Tuesday most civil servants will gradually return to work from 4 May.
Chinese H-shares listed in the city rose 0.8%, while the Hang Seng Index also gained 0.8% to 24,466.42.
Around the region, MSCI’s Asia sans Japan stock index was flat, while Japan’s Nikkei index was down 0.4%.
The onshore RMB Yuan was 0.01% firmer at 7.0863 per USD
The sub-index of the Hang Seng index tracking energy shares gained 0.3%, while the IT sector rose 0.4%.
Most Southeast Asian markets gave up early gainers to trade lower Tuesday, as fears of a slow economic recovery from the coronavirus pandemic and a tumble in oil prices weighed on sentiment.
Energy stocks dragged down Vietnam’s benchmark index as much as 0.7%.
Singapore’s Straits Times index fell as much as 0.7%.
The Philippine benchmark, rose as much as 1.9%, on track for its best day since 17 April.
Another bright spot was Indonesian stocks, up 0.4%, which was helped by gains in industrial companies.
Thailand and Malaysia fell a bit.
Data as of 28 April 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:54am EDT||126.97||+0.13||+0.10%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||2:53am EDT||276.90||+2.39||+0.87%|
|.TRXFLDINP||Thomson Reuters Equity India Index||2:54am EDT||1,064.77||+0.19||+0.02%|
|.N225||Nikkei Stock Average 225||2:15am EDT||19,771.19||-12.03||-0.06%|
|.HSI||Hang Seng Index||3:10am EDT||24,505.74||+225.60||+0.93%|
|.AORD||ASX All Ordinaries Index||2:44am EDT||5,381.20||-7.10||-0.13%|
|.KS11||KOSPI Index||2:30am EDT||1,934.09||+11.32||+0.59%|
|.SETI||SET Composite Index||1:29am EDT||1,271.29||+3.88||+0.31%|
|.JKSE||Jakarta Composite||3:24am EDT||4,529.98||+16.84||+0.37%|
|.PSI||PSE Composite Index||12:50am EDT||5,574.98||+124.53||+2.28%|
|.SSEC||Shanghai Composite Index||3:00am EDT||2,810.02||-5.47||-0.19%|
|.BSESN||S&P BSE Sensex||3:09am EDT||31,784.05||+40.97||+0.13%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:09am EDT||1,369.21||-0.95||-0.07%|
|.HNX30||HNX 30 Index||26 Apr 2020||201.75||-1.77||-0.87%|
Have a healthy day, Keep the Faith!