SKorean shares rose for the 9th straight session Wednesday on hopes for a quick recovery from the C-19 coronavirus chaos-induced economic downturn, though investors maintained a cautious stance ahead of a Fed policy decision.
The Korean Won firmed to its highest close in more than 3 months, and the benchmark bond yield rose.
The Seoul stock market’s main KOSPI rose 6.77 pts, or 0.31%, at 2,195.69, its highest close since Feb. 19. It also posted its longest winning streak since late September last year.
Australian shares ended at a 3-month high Wednesday on signs of a rapid recovery from the C-19 coronavirus lockdown
The S&P/ASX 200 index edged up 0.1% at 6,148.4 at the close of trade, its highest since 6 March.
New Zealand’s benchmark S&P/NZX 50 index fell 0.3% to 11,260.52.
China stocks ended lower Wednesday as deepening deflation in the country’s producer prices underlined the economic impact of the C-19 chaos on overseas demand, raising doubts about a swift economic recovery.
At the close, the Shanghai Composite index was down 0.42% to 2,943.75.
The blue-chip CSI300 index was down 0.18%, with its financial sector sub-index lower by 0.92%, the consumer staples sector down 0.21%, the Real Estate index down 1.27% and the healthcare sub-index up 1.77%.
The smaller Shenzhen index ended up 0.3% and the start-up board ChiNext Composite index was higher by 0.94%.
Indonesian stocks have gained 13% in the past 2 wks, so I expect to see some correction.
Singapore, Thai and Vietnamese markets all tracked bigger global markets to trade in positive territory for the day, up by between 0.2% and 0.7%.
Data as of 10 June 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||142.70||-0.27||-0.19%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:15am EDT||291.46||+1.48||+0.51%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:15am EDT||1,155.38||+7.06||+0.61%|
|.N225||Nikkei Stock Average 225||2:15am EDT||23,124.95||+33.92||+0.15%|
|.HSI||Hang Seng Index||3:32am EDT||25,052.11||-5.11||-0.02%|
|.AORD||ASX All Ordinaries Index||3:20am EDT||6,269.30||+6.40||+0.10%|
|.KS11||KOSPI Index||2:32am EDT||2,195.69||+6.77||+0.31%|
|.SETI||SET Composite Index||3:32am EDT||1,422.30||+13.93||+0.99%|
|.JKSE||Jakarta Composite||3:46am EDT||4,921.35||-113.71||-2.26%|
|.PSI||PSE Composite Index||12:50am EDT||6,439.37||-144.47||-2.19%|
|.SSEC||Shanghai Composite Index||3:07am EDT||2,943.75||-12.36||-0.42%|
|.BSESN||S&P BSE Sensex||3:33am EDT||34,260.22||+303.53||+0.89%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:30am EDT||1,572.21||-2.95||-0.19%|
|.HNX30||HNX 30 Index||8 Jun 2020||237.16||+0.31||+0.13%|
Have a healthy day, Keep the Faith!