Asia-Pacific Markets, Most Finished in the Red

#Asia-Pacific #stocks#Australia #NewZealand #Japan #China#HongKong

Australian shares fell Wednesday, dragged down by financials and miners, as global investors fretted over whether a potential spike in US inflation could force the Fed to raise rates earlier than planned.

The S&P/ASX 200 index dropped 0.7% to 7,044.9, settling lower for the 2nd session running. New Zealand’s benchmark S&P/NZX 50 index slipped 0.6% to 12,564.2.

Japanese stocks ended lower Wednesday, tracking an extended sell-off in Asian shares, as investors refrained from placing big bets amid the Bank of Japan’s absence in supporting the market despite a sharp drop in the previous session.

The Nikkei share average fell 1.91% to 28,147.51. The broader TOPIX lost 1.47% to 1,877.95.

China and Hong Kong shares slipped Wednesday, dragged down by real estate firms after Beijing held a meeting on property tax to curb rampant speculation in the housing market, although tech stocks rebounded from a sharp drop in the previous session.

At the midday break, the Shanghai Composite index was down 0.01% to 3,441.42 and the blue-chip CSI300 index was down 0.28%.

Chinese H-shares listed in Hong Kong rose 0.2% to 10,452.06, while the Hang Seng Index was down 0.37% to 27,910.60.

Asia-Pacific Indexes

Data as of 12 May 2021. All quotes delayed at least 15 mins.

Symb

Index

Time

Last

Chg

Chg %

.TRXFLDJPP

Thomson Reuters Equity Japan Index

2:33am EDT

164.68

-2.35

-1.41%

.TRXFLDHKP

Thomson Reuters Equity HK Index

2:33am EDT

340.04

+4.05

+1.21%

.TRXFLDINP

Thomson Reuters Equity India Index

2:33am EDT

1,772.56

-8.53

-0.48%

.N225

Nikkei Stock Average 225

2:15am EDT

28,147.51

-461.08

-1.61%

.HSI

Hang Seng Index

2:49am EDT

28,117.19

+103.38

+0.37%

.AORD

ASX All Ordinaries Index

2:17am EDT

7,281.10

-50.50

-0.69%

.KS11

KOSPI Index

2:30am EDT

3,161.66

-47.77

-1.49%

.SETI

SET Composite Index

1:29am EDT

1,565.56

-13.37

-0.85%

.JKSE

Jakarta Composite

11 May 2021

5,938.35

-37.44

-0.63%

.PSI

PSE Composite Index

12:50am EDT

6,236.40

-90.43

-1.43%

.SSEC

Shanghai Composite Index

2:46am EDT

3,463.85

+22.00

+0.64%

.BSESN

S&P BSE Sensex

2:49am EDT

48,805.72

-356.09

-0.72%

.FTFBMKLCI

FTSE Bursa Malaysia KLCI

2:50am EDT

1,582.52

+4.88

+0.31%

.HNX30

HNX 30 Index

10 May 2021

417.40

-1.08

-0.26%

Have a healthy day, Keep the Faith!