Friday’s World Markets Outlook: Asia-Pacific

Friday’s World Markets Outlook: Asia-Pacific

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

Hong Kong stocks ended the week higher, despite easing on the day after Trump administration decided to ban U.S. investments in firms linked to the Chinese military, ramping up pressure on Beijing after the U.S. election.

The Hang Seng index ended 0.1% lower to 26,156.86 Friday, while the China Enterprises Index lost 0.3% to 10,545.27.

China stocks closed lower Friday to post a weekly loss, as a series of corporate bond defaults hurt sentiment.

The blue-chip CSI300 index ended 1.1% lower to 4,856.85, while the Shanghai Composite Index eased 0.9% to 3,310.10. On the week, CSI300 slipped 0.6%, while SSEC shed 0.1%.

 Japan’s Nikkei share average ended lower Friday, snapping 8 consecutive sessions of gainers.

The benchmark Nikkei share average dropped 0.53% to 25,385.87 and ended close to the 29-yr high.

On the week, the Nikkei gained 4.36%. The broader Topix eased 1.33% to 1,703.33.

Australian stocks closed lower Friday, as risk sentiment sagged after major central banks warned that near-term economic risks remain as coronavirus cases accelerate.

The S&P/ASX 200 index .AXJO dropped 0.2% to close at 6405.2 pts. The benchmark index notched a weekly gainer of 3.5%. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 finish 0.2% higher.

Asia-Pacific Indexes

Data as of 13 November 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:37am EST149.24-1.91-1.26%
.TRXFLDHKPThomson Reuters Equity HK Index4:37am EST325.96+3.04+0.94%
.TRXFLDINPThomson Reuters Equity India Index7:16am EST1,455.80+6.62+0.46%
.N225Nikkei Stock Average 2251:15am EST25,385.87-135.01-0.53%
.HSIHang Seng Index3:08am EST26,156.86-12.52-0.05%
.AORDASX All Ordinaries Index1:09am EST6,609.30-10.10-0.15%
.KS11KOSPI Index4:03am EST2,493.87+18.25+0.74%
.SETISET Composite Index4:51am EST1,346.47+10.16+0.76%
.JKSEJakarta Composite3:14am EST5,461.06+2.46+0.04%
.PSIPSE Composite Index12 Nov 20206,969.88-54.38-0.77%
.SSECShanghai Composite Index2:59am EST3,310.10-28.57-0.86%
.BSESNS&P BSE Sensex7:34am EST43,443.00+85.81+0.20%
.FTFBMKLCIFTSE Bursa Malaysia KLCI12 Nov 20201,589.69-1.09-0.07%
.HNX30HNX 30 Index12 Nov 2020264.14-0.14-0.05%

Have a healthy weekend, Keep the Faith!

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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 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.