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