Home 2020 Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

35
0

#world #stock #markets #coronavirus #AsiaPacific

Hong Kong stocks ended higher Friday but posted their worst weekly decline in 2 months, weighed down by a sharp correction on the Mainland, where better-than-expected GDP data fuelled worries over the pace of policy easing.

At the close of trade, the Hang Seng index was up 0.47% at 25,089.17. The Hang Seng China Enterprises index rose 0.69% at 10,203.57.

The sub-index of the Hang Seng tracking energy shares dipped 0.2%, while the IT sector rose 2.09%, the financial sector ended 0.02% higher and the property sector dipped 0.51%.

Australian shares closed higher Friday, helped by gains in mining and material stocks even as concerns over rising coronavirus cases kept many investors on the sidelines.

The S&P/ASX 200 index rose 0.4% at 6,033.60, recovering some ground after Thursday’s 0.7% fall. For the week, it was up 1.5%.

In New Zealand, the benchmark S&P/NZX 50 index rose 0.7% at 11,584.1.

Japanese shares extended falls into a 2nd session Friday as the spread of the coronavirus prompted some investor scepticism about a swift economic recovery.

The benchmark Nikkei share average ended 0.32% lower to 22,696.42, with 50 advancers on the index against 170 decliners.

The broader Topix lost 0.33% at 1,573.85.

Asia-Pacific Indexes

Data as of 17 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:38am EDT137.94-0.45-0.33%
.TRXFLDHKPThomson Reuters Equity HK Index5:38am EDT305.92+3.18+1.05%
.TRXFLDINPThomson Reuters Equity India Index6:52am EDT1,239.72+18.06+1.48%
.N225Nikkei Stock Average 2252:15am EDT22,696.42-73.94-0.32%
.HSIHang Seng Index4:08am EDT25,089.17+118.48+0.47%
.AORDASX All Ordinaries Index2:52am EDT6,144.90+21.90+0.36%
.KS11KOSPI Index5:03am EDT2,201.19+17.43+0.80%
.SETISET Composite Index5:45am EDT1,359.58+11.72+0.87%
.JKSEJakarta Composite4:14am EDT5,079.58-18.79-0.37%
.PSIPSE Composite Index12:50am EDT6,088.75-58.91-0.96%
.SSECShanghai Composite Index3:00am EDT3,214.13+4.03+0.13%
.BSESNS&P BSE Sensex7:09am EDT37,020.14+548.46+1.50%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,596.33+31.33+2.00%
.HNX30HNX 30 Index16 Jul 2020221.10+1.60+0.73%

Have a healthy weekend, Keep the Faith!

Previous articleThe Explanations of CD-19 Coronavirus’ Origins by Mainstream Media Do Not Add Up
Next articleWall Street’s Key Stock Analysts Research Report, All Buys
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.