Asia-Pacific Markets, Stocks Break Key Resistance

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

MSCI's broadest index of Asia-Pacific shares sans Japan (.MIAPJ0000PUS) jumped 0.3% breaking Key chart resistance of 700 pts marking its highest level since 18 March.

Australian shares are flat Monday as losses in gold miners and technology stocks were offset by gainers in banks and miners that rose after iron ore prices firmed.

The S&P/ASX 200 index was down 0.13% to 7,052.20 by 0105 GMT. Markets in New Zealand were closed for a holiday.

Japanese shares settled higher Monday as travel-related stocks bounced back from losses driven by fears of coronavirus curbs.

The Nikkei share average inched up 0.36% to close at 29,126.23, while the broader TOPIX edged up 0.17% at 1,918.15.

China stocks firmed Monday, underpinned by gainers in start-up companies as liquidity worries eased, Beijing’s plans to spur domestic consumption boosted sentiment.

The CSI300 index rose 0.3% at 5,149.38 at the end of the morning session, while the Shanghai Composite Index gained 0.2% at 3,480.68.

Leading the rally, the tech-heavy start-up board ChiNext rose 0.9%, having gained 16% from a recent trough hit on 25 March.

Asia-Pacific Indexes

Data as of 26 Apr 2021. All quotes delayed at least 15 minutes.

Symb

Index

Time

Last

Chg

Chg %

.TRXFLDJPP

Thomson Reuters Equity Japan Index

2:26am EDT

168.08

+0.30

+0.18%

.TRXFLDHKP

Thomson Reuters Equity HK Index

2:25am EDT

353.47

-0.30

-0.08%

.TRXFLDINP

Thomson Reuters Equity India Index

2:25am EDT

1,723.84

+18.66

+1.09%

.N225

Nikkei Stock Average 225

2:15am EDT

29,126.23

+105.60

+0.36%

.HSI

Hang Seng Index

2:42am EDT

29,022.50

-56.25

-0.19%

.AORD

ASX All Ordinaries Index

2:45am EDT

7,307.80

-12.90

-0.18%

.KS11

KOSPI Index

2:32am EDT

3,217.53

+31.43

+0.99%

.SETI

SET Composite Index

1:29am EDT

1,553.82

+0.23

+0.01%

.JKSE

Jakarta Composite

2:57am EDT

5,961.53

-55.34

-0.92%

.PSI

PSE Composite Index

12:50am EDT

6,389.38

+11.31

+0.18%

.SSEC

Shanghai Composite Index

2:42am EDT

3,447.37

-26.80

-0.77%

.BSESN

S&P BSE Sensex

2:42am EDT

48,520.55

+642.10

+1.34%

.FTFBMKLCI

FTSE Bursa Malaysia KLCI

2:42am EDT

1,616.84

+8.41

+0.52%

.HNX30

HNX 30 Index

22 Apr 2021

427.08

+5.73

+1.36%

Have a healthy week, Keep the Faith!