Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

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!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge. Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it 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.