Monday’s World Markets Outlook: Asia-Pacific

Monday’s World Markets Outlook: Asia-Pacific

Australian shares finished flat to little changed Monday, rebounding from a 1% drop earlier in the session as fears of 2nd China Virus wave kept investors on the sidelines, with gains among gold miners offset by losses in tech and energy stocks.

The S&P/ASX 200 index ended 0.03% higher at 5,944.5 pts in a 2nd straight session of gainers. The benchmark rose 0.1% Friday.

New Zealand’s benchmark S&P/NZX 50 index fell 0.9% to finish the session at 11,158.46.

Japanese shares ended lower Monday

The benchmark Nikkei share average retreated from early gains and finished 0.18% lower to 22,437.27, with 72 advancers Vs 147 decliners.

Topix fell 0.23% to 1,579.09.

China’s startup board index hit its highest in more than 4 yrs Monday, as investors cheered Beijing’s fresh reforms in its capital markets to help bolster the world’s 2nd-largest economy.

At the close, the Shanghai Composite index was down 0.08% to 2,965.27, while the blue-chip CSI300 index was up 0.08%.

The start-up board ChiNext Composite index rose 1.01%, its highest since 7 January 2016.

Leading the gainers, the CSI SWS securities index , a benchmark tracking major securities’ companies, closed 2.5% firmer.

Asia-Pacific Indexes

Data as of 22 June 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:44am EDT138.55-0.31-0.22%
.TRXFLDHKPThomson Reuters Equity HK Index3:45am EDT290.96-1.07-0.37%
.TRXFLDINPThomson Reuters Equity India Index3:45am EDT1,186.08+13.24+1.13%
.N225Nikkei Stock Average 2252:15am EDT22,437.27-41.52-0.18%
.HSIHang Seng Index4:00am EDT24,515.23-128.66-0.52%
.AORDASX All Ordinaries Index3:34am EDT6,058.00-3.60-0.06%
.KS11KOSPI Index2:33am EDT2,126.73-14.59-0.68%
.SETISET Composite Index4:02am EDT1,350.44-20.38-1.49%
.JKSEJakarta Composite4:14am EDT4,918.83-23.44-0.47%
.PSIPSE Composite Index12:50am EDT6,347.43+32.36+0.51%
.SSECShanghai Composite Index3:50am EDT2,965.27-2.36-0.08%
.BSESNS&P BSE Sensex4:02am EDT35,055.01+323.28+0.93%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:01am EDT1,506.22-1.04-0.07%
.HNX30HNX 30 Index18 Jun 2020225.30+5.34+2.43%

Have a healthy week, Keep the Faith!

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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.