Tuesday’s World Markets Outlook: Asia-Pacific, China blue-chip shares end at over 5-yr high in Bull run’s 6th day running

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China blue-chip shares end at over 5-yr high in Bull run’s 6th day running

Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in the day as some traders booked profits.

The blue-chip CSI300 index finished the day up 0.6% at 4,698.13, its highest close since 25 June 2015. The Shanghai Composite Index added 0.37% at 3,345.34, its highest close since 6 February 2018. The Shanghai Composite remains more than 35% below its Y 2015 highs

The smaller Shenzhen index rose 1.71% and the start-up ChiNext Composite index added 2.44%. 

The S&P/ASX 200 index settled down 0.03% to 6,012.9. New Zealand’s benchmark S&P/NZX 50 index ended 0.8% higher,

Japanese stocks ended lower on Tuesday after domestic household spending dropped at the fastest pace on record in May due to the coronavirus lockdown, although heavyweight SoftBank Group’s sharp gains helped stem the benchmark’s losses.

The Nikkei average fell 0.44% to 22,614.69, snapping a three-session winning streak after marking its highest close since early June Monday. The broader Topix fell 0.34% to 1,571.71.

ASIA-PACIFIC INDEXES

Data as of 7 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:45am EDT137.84-0.52-0.38%
.TRXFLDHKPThomson Reuters Equity HK Index4:57am EDT312.66-4.50-1.42%
.TRXFLDINPThomson Reuters Equity India Index4:57am EDT1,230.19+2.88+0.23%
.N225Nikkei Stock Average 2252:15am EDT22,614.69-99.75-0.44%
.HSIHang Seng Index4:08am EDT25,975.66-363.50-1.38%
.AORDASX All Ordinaries Index3:16am EDT6,126.70+0.80+0.01%
.KS11KOSPI Index5:01am EDT2,164.17-23.76-1.09%
.SETISET Composite Index5:12am EDT1,376.16+3.89+0.28%
.JKSEJakarta Composite4:14am EDT4,987.08-1.78-0.04%
.PSIPSE Composite Index12:50am EDT6,267.40-61.01-0.96%
.SSECShanghai Composite Index3:59am EDT3,345.34+12.46+0.37%
.BSESNS&P BSE Sensex5:13am EDT36,555.98+68.70+0.19%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:59am EDT1,566.72-10.18-0.65%
.HNX30HNX 30 Index5 Jul 2020216.43+1.49+0.69%

Have a healthy day, Keep the Faith!

 

#Asia-Pacific#coronavirus#markets#stock#world