22.2 C
New York
Friday, September 17, 2021

Friday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia

 Australian shares rose Friday, recording their biggest weekly gainer in 6, as the country’s central bank chief called for more fiscal stimulus to revive an economy facing its deepest recession in about a 100 yrs.

Gold and tech stocks drove the S&P/ASX 200 index 0.6% higher at 6,126.2 at the close of trade Friday. The index gained 2% on the wk.

New Zealand’s benchmark S&P/NZX 50 index ended 0.4% lower to 11,452.1

China stocks finished higher Friday, bolstered by gains for consumer firms, as weak consumption data reinforced expectations that Beijing will take more measures to boost domestic demand.

The blue-chip CSI300 index rose 1.5% at 4,704.63, while the Shanghai Composite Index closed up 1.2% at 3,360.10

The tech-heavy start-up board ChiNext added 1.8%, while the newly launched STAR50 index climbed 1.1%

Leading the gains, the CSI300 consumer staples index ended up 1.9%, having gained 43% YTD

Japan’s Nikkei share average gained Friday, stopping short of a final step towards a complete recovery from its decline triggered by the coronavirus chaos.

The Nikkei rose 0.11% at 23,275.27, the broader Topix rose 0.16% to 1,626.76, having risen 8.7% in the 1st 2 wks of August.

Asia-Pacific Indexes

Data as of 14 August 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:35am EDT142.30-0.07-0.05%
.TRXFLDHKPThomson Reuters Equity HK Index4:29am EDT311.51+0.80+0.26%
.TRXFLDINPThomson Reuters Equity India Index4:30am EDT1,289.20-11.27-0.87%
.N225Nikkei Stock Average 2252:15am EDT23,289.36+39.75+0.17%
.HSIHang Seng Index4:08am EDT25,183.01-47.66-0.19%
.AORDASX All Ordinaries Index2:43am EDT6,261.70+37.80+0.61%
.KS11KOSPI Index5:01am EDT2,407.49-30.04-1.23%
.SETISET Composite Index4:45am EDT1,328.49-18.20-1.35%
.JKSEJakarta Composite4:14am EDT5,247.69+8.44+0.16%
.PSIPSE Composite Index12:50am EDT6,076.91-20.87-0.34%
.SSECShanghai Composite Index3:00am EDT3,360.10+39.37+1.19%
.BSESNS&P BSE Sensex4:46am EDT37,813.27-497.22-1.30%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:46am EDT1,566.37-10.05-0.64%
.HNX30HNX 30 Index12 Aug 2020215.90+2.24+1.05%

Have a healthy weekend, Keep the Faith!

Paul Ebeling
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.   

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles