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

Friday’s World Markets Outlook: Asia-Pacific

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Japanese shares bounced back Friday, tracking overnight Wall Street gains, with banks leading the rally in both markets, after US regulators’ decision to ease some rules allayed fears over a spike in fresh virus cases.

The benchmark Nikkei average rose 1.1% at 22,512.08, on the wk, the index gained 0.1%.

The broader Topix rose 1% at 1,577.37, with all but 3 of the 33 sector sub-indexes on the Tokyo exchange finishing higher.

Hong Kong shares fell Friday after the US Senate passed a bill to sanction people and companies it considers helping China to restrict the territory’s autonomy.

At midday, the Hang Seng index was down 0.6% to 24,640.98. The Hang Seng China Enterprises index lost 0.4%. The sub-index of the Hang Seng tracking energy shares fell 1.1%, the IT sector dipped 1.6%, the financial sector was 0.6% lower and the property sector edged down 0.3%. H-shares dipped 0.4%

ASIA-PACIFIC INDEXES

Data as of 26 June 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:59am EDT138.49+1.37+1.00%
.TRXFLDHKPThomson Reuters Equity HK Index3:23am EDT293.35-2.39-0.81%
.TRXFLDINPThomson Reuters Equity India Index3:23am EDT1,191.44+6.11+0.52%
.N225Nikkei Stock Average 2252:15am EDT22,512.08+252.29+1.13%
.HSIHang Seng Index3:39am EDT24,570.38-211.20-0.85%
.AORDASX All Ordinaries Index3:27am EDT6,011.80+83.80+1.41%
.KS11KOSPI Index2:33am EDT2,134.65+22.28+1.05%
.SETISET Composite Index3:39am EDT1,333.80+7.92+0.60%
.JKSEJakarta Composite3:50am EDT4,912.40+15.67+0.32%
.PSIPSE Composite Index12:50am EDT6,191.84+73.58+1.20%
.SSECShanghai Composite Index24 Jun 20202,979.55+8.93+0.30%
.BSESNS&P BSE Sensex3:39am EDT34,992.00+149.90+0.43%
.FTFBMKLCIFTSE Bursa Malaysia KLCI3:39am EDT1,485.46-3.74-0.25%
.HNX30HNX 30 Index24 Jun 2020221.27-0.16-0.07%

Have a healthy weekend, Keep the Faith!

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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.