Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific#Australia#Japan #China#world#stocks

Asian shares broadly reversed to trade lower Monday as higher Crude Oil prices raised inflation worries, while Singapore and Malaysian stocks rose on local corporate news.

China stocks fell the most in more than 7 months Monday, as a lower-than-expected 2021 economic growth target from Beijing sparked concerns that Chinese officials could tighten policy to rein in lofty valuations.

The blue-chip CSI300 index fell 3.5% to 5,080.02, marking its worst day since 24 July 2020. The Shanghai Composite Index lost 2.3% to 3,421.41.

Japanese shares ended lower Monday as some investors adjusted positions ahead of the end of the fiscal year.

The Nikkei share average fell 0.42% to close at 28,743.25, while the broader TOPIX edged down 0.14% to 1,893.58.

Australian shares finished higher Monday led by gains in heavyweight resource stocks on stronger commodity prices.

The S&P/ASX 200 index rose 0.4% to finish at 6,739.60. New Zealand’s benchmark S&P/NZX 50 index fell 0.8% to end the session at 12,085.18

Asia-Pacific Indexes

Data as of 8 March 2021. All quotes delayed at least 15 mins.

Symb

Index

Time

Last

Chg

Chg %

.TRXFLDJPP

Thomson Reuters Equity Japan Index

2:44am EST

165.58

-0.26

-0.16%

.TRXFLDHKP

Thomson Reuters Equity HK Index

3:49am EST

342.35

-10.86

-3.07%

.TRXFLDINP

Thomson Reuters Equity India Index

3:49am EST

1,765.34

+7.59

+0.43%

.N225

Nikkei Stock Average 225

1:15am EST

28,743.25

-121.07

-0.42%

.HSI

Hang Seng Index

3:08am EST

28,540.83

-557.46

-1.92%

.AORD

ASX All Ordinaries Index

12:40am EST

6,971.60

+28.60

+0.41%

.KS11

KOSPI Index

4:03am EST

2,996.11

-30.15

-1.00%

.SETI

SET Composite Index

4:05am EST

1,547.05

+2.94

+0.19%

.JKSE

Jakarta Composite

3:14am EST

6,248.46

-10.28

-0.16%

.PSI

PSE Composite Index

7 Mar 2021

6,756.92

-124.45

-1.81%

.SSEC

Shanghai Composite Index

2:59am EST

3,421.41

-80.57

-2.30%

.BSESN

S&P BSE Sensex

4:06am EST

50,633.47

+228.15

+0.45%

.FTFBMKLCI

FTSE Bursa Malaysia KLCI

7 Mar 2021

1,611.81

+11.69

+0.73%

.HNX30

HNX 30 Index

4 Mar 2021

382.14

+5.72

+1.52%

Have a healthy week, Keep the Faith!