Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

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

Investor confidence in Thailand’s financial markets has dropped to a 7-month low, dented by growing political protests

A survey in October by the Federation of Thai Capital Market Organizations showed its confidence index fell to 61.27, the lowest mark since a record low of 56.7 in March.

The Thai stock market has dropped 21% YTD, with foreign investors selling 304 billion baht ($9.79-B) net of Thai shares. They have sold 65 billion baht of Thai bonds this year.

Hong Kong’s Hang Seng Index soared to its highest close in more than 3 months Thursday.

The Hang Seng jumped 3.25% on the day, its biggest 1-day rise since 6 July, to finish at 25,695.92, its highest close since 13 July.

The Hang Seng China Enterprises Index in Hong Kong gained 3.76%

China shares finished higher Thursday

At the close, the Shanghai Composite index was up 1.3% at 3,320.13.

The blue-chip CSI300 index gained 1.48%, led by the consumer staples sector, which added 1.61%.

Japanese shares ended at a more than 2 yr high Thursday, following overnight Wall Street gains.

The benchmark Nikkei share average rose 1.73% to close at 24,105.28, the broader Topix gained 1.39% at 1,649.9.

Australian shares climbed more than 1% Thursday

The S&P/ASX 200 index .AXJO rose 1.3% at 6,139.60. New Zealand’s benchmark S&P/NZX 50 index .NZ50 closed 0.4% lower to 12,249.98.

Asia-Pacific Indexes

Data as of 5 November 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index6:47am EST144.61+2.02+1.42%
.TRXFLDHKPThomson Reuters Equity HK Index4:37am EST333.23+13.64+4.27%
.TRXFLDINPThomson Reuters Equity India Index7:16am EST1,396.25+23.32+1.70%
.N225Nikkei Stock Average 2251:15am EST24,105.28+410.05+1.73%
.HSIHang Seng Index3:08am EST25,695.92+809.78+3.25%
.AORDASX All Ordinaries Index12:57am EST6,344.00+79.00+1.26%
.KS11KOSPI Index4:03am EST2,413.79+56.47+2.40%
.SETISET Composite Index4:43am EST1,264.32+41.88+3.43%
.JKSEJakarta Composite3:14am EST5,260.33+155.13+3.04%
.PSIPSE Composite Index4 Nov 20206,644.77+180.72+2.80%
.SSECShanghai Composite Index2:59am EST3,320.13+42.69+1.30%
.BSESNS&P BSE Sensex7:24am EST41,340.16+724.02+1.78%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4 Nov 20201,501.49+36.88+2.52%
.HNX30HNX 30 Index4 Nov 2020252.86-1.90-0.75%

Have a healthy week, 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 is 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.