Wednesday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia

Australian shares ended 4 straight sessions of losses to close slightly higher Wednesday as gold miners gained and technology stocks rose following Afterpay’s strong earnings.

The S&P/ASX 200 index .AXJO ended 0.1% higher at 6,057.7. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 closed higher at 12,264.5.

Japanese shares fell Wednesday, pulled down by worries that surging coronavirus cases in Europe and the US could further damage an already-battered global economy.

The benchmark Nikkei share average fell 0.32% to 23,410.75, the broader Topix lost 0.61% to 1,607.61.

China stocks rose Wednesday, led by gains in consumer and healthcare companies, as sentiment was lifted by hopes of a speedy economic recovery from the COVID-19 chaos.

At the midday break, the Shanghai Composite index was up 0.16% at 3,259.60 points.

The blue-chip CSI300 index was up 0.55%. The consumer staples sector jumped 2.55% and the healthcare sub-index gained 0.84%.

The smaller Shenzhen index was up 0.3%. The start-up board ChiNext Composite index rose 0.51% and Shanghai’s tech-focused STAR50 index jumped 1.21%.

Asia-Pacific Indexes

Data as of 28 October 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index7:36am EDT141.31-0.46-0.32%
.TRXFLDHKPThomson Reuters Equity HK Index5:36am EDT322.94+2.53+0.79%
.TRXFLDINPThomson Reuters Equity India Index7:29am EDT1,354.73-16.03-1.17%
.N225Nikkei Stock Average 2252:15am EDT23,418.51-67.29-0.29%
.HSIHang Seng Index4:08am EDT24,708.80-78.39-0.32%
.AORDASX All Ordinaries Index2:12am EDT6,261.80+14.60+0.23%
.KS11KOSPI Index5:01am EDT2,345.26+14.42+0.62%
.SETISET Composite Index5:46am EDT1,207.94-1.01-0.08%
.JKSEJakarta Composite27 Oct 20205,128.23-15.82-0.31%
.PSIPSE Composite Index12:50am EDT6,377.79-37.29-0.58%
.SSECShanghai Composite Index3:59am EDT3,269.24+14.92+0.46%
.BSESNS&P BSE Sensex7:56am EDT39,922.46-599.64-1.48%
.FTFBMKLCIFTSE Bursa Malaysia KLCI27 Oct 20201,495.20-5.15-0.34%
.HNX30HNX 30 Index27 Oct 2020246.47-6.72-2.65%

Have a healthy day, Keep the Faith!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Comments (0)
Add Comment