Wednesday’s World Markets Outlook: Asia-Pacific

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

China stocks erased earlier gains to end flat Wednesday, with gains in property stocks offset by losses in healthcare, as investors paused following a recent rally on upbeat data pointing to a continued economic recovery.

At the close, the Shanghai Composite index was down 0.07% at 3,449.38.

 China’s blue-chip CSI300 index also ended flat, while the start-up board ChiNext Composite index was 0.57% lower.

Japan’s Nikkei share average closed at a 29-1/2-year high on Wednesday, buoyed by hopes of a U.S. stimulus package and progress in a COVID-19 vaccine, but gains were capped by some profit-taking after a strong November rally.

Nikkei ended up 0.05% at 26,800.98, its highest closing since April 1991, extending its Bull run. The broader Topix rose 0.32% at 1,773.97, edging near a 2-yr peak touched last Friday,

Australian shares ended flat to little changed Wednesday as optimism over a Quarterly economic recovery was tempered by cautious comments from the central bank, escalating trade tensions with China also dented investor sentiment.

New Zealand’s benchmark S&P/NZX 50 index ended flat at 12,728.69.

Asia-Pacific Indexes

Data as of 2 Dec 2020. All quotes delayed at least 15 minutes.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index4:55am EST155.10+0.44+0.28%
.TRXFLDHKPThomson Reuters Equity HK Index4:45am EST326.02-2.19-0.67%
.TRXFLDINPThomson Reuters Equity India Index7:25am EST1,523.12+4.34+0.29%
.N225Nikkei Stock Average 2251:15am EST26,800.98+13.44+0.05%
.HSIHang Seng Index3:08am EST26,532.58-35.10-0.13%
.AORDASX All Ordinaries Index12:56am EST6,811.30-0.90-0.01%
.KS11KOSPI Index4:01am EST2,675.90+41.65+1.58%
.SETISET Composite Index4:46am EST1,417.95-2.92-0.21%
.JKSEJakarta Composite3:14am EST5,813.99+89.25+1.56%
.PSIPSE Composite Index1 Dec 20207,080.62+71.06+1.01%
.SSECShanghai Composite Index2:59am EST3,449.38-2.56-0.07%
.BSESNS&P BSE Sensex7:23am EST44,618.04-37.40-0.08%
.FTFBMKLCIFTSE Bursa Malaysia KLCI1 Dec 20201,598.72-3.54-0.22%
.HNX30HNX 30 Index1 Dec 2020271.50+3.55+1.32%

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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 is 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.   
#Asia-Pacific#Australia#China#Japan#markets#stock