Around the region, MSCI’s Asia sans-Japan stock index was firmer by 0.5%, while Japan’s Nikkei index closed down 0.8%.
Shares in Mainland China closed at multi-year highs Wednesday, extending their winning streak to the 7th session.
At the close, the Shanghai Composite index was 1.7% higher at 3,403.44, its highest closing mark since February 2018, while the blue-chip CSI300 index ended up 1.6%, at its highest closing mark since June 2015.
The CSI300’s financial sector sub-index jumped 2.6%, the consumer staples sector gained 0.3% and the Real Estate index +0.1
Hong Kong stocks moved higher Wednesday, ending near 4-month highs hit in Tuesday’s session, as market sentiment was lifted on hopes of recovery in the Chinese economy after a 7th straight session of gainers in Mainland shares.
At the close of trade, the Hang Seng index was up 0.6% at 26,129.18. The ‘H-share’ Hang Seng China Enterprises index rose 1.4%.
Indonesian shares gained 1.8% to hit a 1-month high Wednesday, while the rupiah was flat Vs USD.
Australian shares fell Wednesday as stringent curbs imposed by Victoria state to contain a spike in C-19 cases dashed hopes of a swift economic recovery.
The S&P/ASX 200 index fell 0.5% to 5,983.1 led by financials.
In New Zealand, the benchmark S&P/NZX 50 index reversed its course to trade 0.2% lower to 11,725.
Japan’s benchmark Nikkei share average fell 0.19% to 22,571.55 by the midday break after moving in and out of positive territory, with 102 advancers against 120 decliners.
The broader Topix rose 0.06% at 1,572.73 by the recess, with 50% of the 33 sector sub-indexes on the Tokyo exchange trading higher.
Data as of 8 July 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||4:02am EDT||136.63||-1.21||-0.88%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||5:46am EDT||319.24||+6.58||+2.10%|
|.TRXFLDINP||Thomson Reuters Equity India Index||6:29am EDT||1,223.21||-9.72||-0.79%|
|.N225||Nikkei Stock Average 225||2:15am EDT||22,438.65||-176.04||-0.78%|
|.HSI||Hang Seng Index||4:08am EDT||26,129.18||+153.52||+0.59%|
|.AORD||ASX All Ordinaries Index||3:08am EDT||6,034.30||-92.40||-1.51%|
|.KS11||KOSPI Index||5:03am EDT||2,158.88||-5.29||-0.24%|
|.SETI||SET Composite Index||5:47am EDT||1,362.46||-10.76||-0.78%|
|.JKSE||Jakarta Composite||4:14am EDT||5,076.17||+89.09||+1.79%|
|.PSI||PSE Composite Index||12:50am EDT||6,285.50||+18.10||+0.29%|
|.SSEC||Shanghai Composite Index||3:00am EDT||3,403.44||+58.10||+1.74%|
|.BSESN||S&P BSE Sensex||6:44am EDT||36,329.01||-345.51||-0.94%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||5:04am EDT||1,583.50||+16.78||+1.07%|
|.HNX30||HNX 30 Index||7 Jul 2020||216.84||+0.07||+0.03%|
Have a healthy day, Keep the Faith!