China stocks closed lower Wednesday, dragged down by concerns about tighter regulation over big tech companies weighed on sentiment.
At the close, the Shanghai Composite index was down 0.53% to 3,342.20. The blue-chip CSI300 index was down 0.99%, with its new energy vehicle sector sub-index down 3.56%, tech sub-index lower by 3.1% and the healthcare sub-index down 2.45%. The Real Estate index was up 1.38% and the bank sector sub-index added 0.7%.
The smaller Shenzhen index ended down 1.93% and the start-up board ChiNext Composite index was weaker by 3.306%.
Japan’s Nikkei rose to close at a fresh 29-yr high Wednesday, as investors remained hopeful of a swift global economic recovery from the COVID-19 chaos on vaccine-related developments.
The benchmark Nikkei share average closed 1.78% higher at 25,349.60, marking its highest closing mark since June 1991.
The index also extended gains to a 7th session running, its longest rally since October 2019.
The broader Topix gained 1.66% at 1,723.65, all but 3 of the 33 sector sub-indexes on the Tokyo exchange traded higher.
Australia shares ended higher Wednesday for a 5th session running, powered by financial and energy stocks, as promising news regarding an effective COVID-19 vaccine stoked hopes of a swift global economic recovery.
The Australian benchmark S&P/ASX 200 index .AXJO closed 1.7% firmer at 6449.7.
In New Zealand, the benchmark S&P/NZX 50 index .NZ50 finished up 0.4% at 12665.63.
Data as of 11 November 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||6:08am EST||151.39||+2.48||+1.67%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||4:37am EST||319.15||-11.00||-3.33%|
|.TRXFLDINP||Thomson Reuters Equity India Index||7:16am EST||1,450.72||+11.02||+0.77%|
|.N225||Nikkei Stock Average 225||1:15am EST||25,349.60||+444.01||+1.78%|
|.HSI||Hang Seng Index||3:08am EST||26,226.98||-74.50||-0.28%|
|.AORD||ASX All Ordinaries Index||1:28am EST||6,651.10||+107.10||+1.64%|
|.KS11||KOSPI Index||4:01am EST||2,485.87||+33.04||+1.35%|
|.SETI||SET Composite Index||4:54am EST||1,345.34||+4.10||+0.31%|
|.JKSE||Jakarta Composite||3:14am EST||5,509.51||+46.77||+0.86%|
|.PSI||PSE Composite Index||10 Nov 2020||7,024.26||-11.22||-0.16%|
|.SSEC||Shanghai Composite Index||2:59am EST||3,342.20||-17.95||-0.53%|
|.BSESN||S&P BSE Sensex||7:24am EST||43,593.67||+316.02||+0.73%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||10 Nov 2020||1,570.08||-4.99||-0.32%|
|.HNX30||HNX 30 Index||10 Nov 2020||261.16||+1.93||+0.74%|
Have a healthy day, Keep the Faith!