Asia-Pacific markets turned mixed Monday as Chinese retail sales missed expectations and Singapore moved to close schools to fight a virus outbreak, while more evidence of global inflation pressures helped gold to a 3-month high.
MSCI’s broadest index of Asia-Pacific shares sans Japan seesawed side of flat, just above a four-month trough hit last wk. Chinese blue chips were resilient with a gain of 1.8%.
China shares closed at more than 2-month highs Monday, as sustained gains in consumer and healthcare stocks outweighed concerns over the country reporting soft economic data.
The blue-chip CSI300 index rose 1.5%, to 5,184.99, its highest closing mark since 5 March, while the Shanghai Composite Index added 0.8% to 3,517.62, strongest closing mark since 3 March.
Japanese shares reversed course to settle lower Monday, as worries over the slow pace of the domestic vaccination drive overwhelmed a boost from solid gains in Wall Street shares.
The Nikkei share average fell 0.92% to close at 27,824.83, after rising 0.8% earlier in the session, while the broader TOPIX edged down 0.24% to 1,878.86.
Australian stocks were flat on the day
Data as of 17 May 2021. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||164.66||-0.43||-0.26%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:09am EDT||338.45||+4.48||+1.34%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:09am EDT||1,779.59||+20.19||+1.15%|
|.N225||Nikkei Stock Average 225||2:15am EDT||27,824.83||-259.64||-0.92%|
|.HSI||Hang Seng Index||3:25am EDT||28,207.12||+179.55||+0.64%|
|.AORD||ASX All Ordinaries Index||3:09am EDT||7,255.80||+16.40||+0.23%|
|.KS11||KOSPI Index||2:32am EDT||3,134.52||-18.80||-0.60%|
|.SETI||SET Composite Index||3:25am EDT||1,542.59||-6.89||-0.44%|
|.JKSE||Jakarta Composite||3:41am EDT||5,826.50||-111.86||-1.88%|
|.PSI||PSE Composite Index||12:50am EDT||6,283.58||+14.22||+0.23%|
|.SSEC||Shanghai Composite Index||3:08am EDT||3,517.62||+27.24||+0.78%|
|.BSESN||S&P BSE Sensex||3:24am EDT||49,378.50||+645.95||+1.33%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:26am EDT||1,583.25||+0.73||+0.05%|
|.HNX30||HNX 30 Index||13 May 2021||440.03||+11.50||+2.68%|
Have a healthy week, Keep the Faith!