Thursday’s World Markets: Asia Pacific

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

China stocks reversed earlier losses to close higher on Thursday, bucking a global selloff, supported by the consumer sector after leading companies posted strong Q-3 earnings.

The blue-chip CSI300 index rose 0.8% to end at 4,772.92, while the Shanghai Composite Index added 0.1% at 3,272.73.

The tech-heavy startup board ChiNext climbed 1.1%, while the STAR50 index rose 0.4%.

Japanese shares fell to a 1-month low Thursday weighed by concerns about fresh coronavirus lockdowns in Europe, although companies issuing Bullish forecasts during earnings season limited losses.

The Nikkei 225 Index ended down 0.37% to 23,331.94. The broader Topix fell 0.01% to 1,610.93.

Stocks in Australia and New Zealand languished at three-week lows as a surge in cases of novel coronavirus around the world spooked global markets and stoked fears that prolonged lockdowns would damage a nascent economic recovery.

The S&P/ASX 200 index declined 1.1%, or 67.7 pts, to 5,990.3 by 0057 GMT.

New Zealand’s benchmark S&P/NZX 50 index also fell 1% to 12,137.1

Asia-Pacific Indexes

Data as of 29 Oct 2020. All quotes delayed at least 15 minutes.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:36am EDT141.18-0.13-0.09%
.TRXFLDHKPThomson Reuters Equity HK Index5:36am EDT322.67-0.27-0.08%
.TRXFLDINPThomson Reuters Equity India Index7:29am EDT1,350.43-4.30-0.32%
.N225Nikkei Stock Average 2252:15am EDT23,331.94-86.57-0.37%
.HSIHang Seng Index4:08am EDT24,586.60-122.20-0.49%
.AORDASX All Ordinaries Index2:16am EDT6,168.00-93.80-1.50%
.KS11KOSPI Index5:03am EDT2,326.67-18.59-0.79%
.SETISET Composite Index5:46am EDT1,201.64-6.30-0.52%
.JKSEJakarta Composite27 Oct 20205,128.23-15.82-0.31%
.PSIPSE Composite Index12:50am EDT6,249.39-128.40-2.01%
.SSECShanghai Composite Index3:59am EDT3,272.73+3.49+0.11%
.BSESNS&P BSE Sensex8:15am EDT39,749.85-172.61-0.43%
.FTFBMKLCIFTSE Bursa Malaysia KLCI28 Oct 20201,495.20-5.15-0.34%
.HNX30HNX 30 Index28 Oct 2020246.30-0.17-0.07%

Have a healthy day, 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.