Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific

Chinese shares fell Thursday, snapping a 4-day win streak, after an abrupt US order for closure of the Chinese consulate in Houston stoked geopolitical tensions and offered exits for investors who profited from the market’s recent rally.

The Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index was flat to unchanged. Both benchmarks flitted in and out of positive territory during the session.

The smaller Shenzhen index was flat while the start-up Chinext board gained 1.1%.

Australian shares closed higher Thursday, propped up by the energy sector, after industry heavyweight Santos Ltd’s better-than-expected quarterly production report, even as investors were poised between the Bulls and the Bears.

The S&P/ASX 200 index edged 0.3% higher at 6,094.50 at the close of trade. In New Zealand, the benchmark S&P/NZX 50 index fell 0.25% to 11,693.4

The Japanese markets are closed for a holiday weekend

Asia-Pacific Indexes

Data as of 23 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:38am EDT137.84+0.00+0.00%
.TRXFLDHKPThomson Reuters Equity HK Index4:59am EDT313.34+4.37+1.41%
.TRXFLDINPThomson Reuters Equity India Index5:36am EDT1,269.19+7.86+0.62%
.N225Nikkei Stock Average 22522 Jul 202022,751.61-132.61-0.58%
.HSIHang Seng Index4:08am EDT25,263.00+205.06+0.82%
.AORDASX All Ordinaries Index3:10am EDT6,213.90+21.30+0.34%
.KS11KOSPI Index5:03am EDT2,216.19-12.47-0.56%
.SETISET Composite Index5:43am EDT1,359.65+2.61+0.19%
.JKSEJakarta Composite4:14am EDT5,145.01+34.82+0.68%
.PSIPSE Composite Index12:50am EDT6,029.01-35.25-0.58%
.SSECShanghai Composite Index3:00am EDT3,325.11-8.05-0.24%
.BSESNS&P BSE Sensex5:52am EDT38,150.43+278.91+0.74%
.FTFBMKLCIFTSE Bursa Malaysia KLCI5:04am EDT1,606.42+19.44+1.22%
.HNX30HNX 30 Index21 Jul 2020215.52-3.59-1.64%

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.