Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific

Australian shares ended lower Thursday, after the country’s unemployment rate hit a 22-yr high and rising C-19 coronavirus cases in some states raised a likelihood of harsher curbs, reminding investors of the impending economic pain.

The S&P/ASX 200 index fell 0.7% to 6010.90 at the close of trade. In New Zealand, the S&P/NZX 50 index fell 0.9% to 11,505.06.

Japanese shares slipped Thursday as investors booked profit after sharp gains in the prior session.

The benchmark Nikkei shares average fell 0.49% to 22,831.96 by the midday break, retreating from a 5 wk high hit in the prior session. The broader Topix fell 0.27% to 1,585.27

Chinese shares fell by the most in more than 5 months Thursday as a Bull run that drove the country’s benchmark indexes to multi-year highs reversed sharply amid renewed US-China tensions.

At the close, the Shanghai Composite index was down 4.5% to 3,210.10, and the blue-chip CSI300 index dove 4.81%, the sharpest 1-day percentage fall for both indexes since 2 February.

Asia-Pacific Indexes

Data as of 16 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:38am EDT138.39-0.91-0.65%
.TRXFLDHKPThomson Reuters Equity HK Index4:59am EDT302.74-11.16-3.56%
.TRXFLDINPThomson Reuters Equity India Index5:20am EDT1,217.85+7.74+0.64%
.N225Nikkei Stock Average 2252:15am EDT22,770.36-175.14-0.76%
.HSIHang Seng Index4:08am EDT24,970.69-510.89-2.00%
.AORDASX All Ordinaries Index3:08am EDT6,123.00-37.40-0.61%
.KS11KOSPI Index5:01am EDT2,183.76-18.12-0.82%
.SETISET Composite Index5:34am EDT1,347.44-6.87-0.51%
.JKSEJakarta Composite4:14am EDT5,098.37+22.58+0.44%
.PSIPSE Composite Index12:50am EDT6,147.66+131.15+2.18%
.SSECShanghai Composite Index3:00am EDT3,210.10-151.21-4.50%
.BSESNS&P BSE Sensex5:36am EDT36,467.02+415.21+1.15%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,573.31-12.25-0.77%
.HNX30HNX 30 Index14 Jul 2020218.41-0.62-0.28%

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.