Tuesday’s World Markets Outlook: Asia-Pacific

Tuesday’s World Markets Outlook: Asia-Pacific

Asian shares rose Tuesday after data showed China’s manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the impact of the C-19 coronavirus chaos.

MSCI’s broadest index of Asia-Pacific shares sans Japan was up 0.9%, US stock futures, the S&P 500 e-minis, advanced 0.23%

Australian shares rose Tuesday after the country’s central bank played up prospects of fresh stimulus and as employment continues to recover from the lockdown.

The S&P/ASX 200 index spiked 2.4%, but pared some gains to finish 1.4% firmer at 5,897.90. The benchmark was up 17% for Q-2, marking its best Quarter since September 2009.

New Zealand’s benchmark S&P/NZX 50 index recorded its best Quarter ever. The index closed up 1.8% at 11,451.05, its highest level since 9 June.

Japanese shares ended higher on Tuesday, as positive economic data from the United States and China helped to end the quarter on a strong note and as investors pinned hopes on stimulus.

The benchmark Nikkei average advanced 1.33% at 22,288.14. The benchmark gained 17.82% for the Quarter.

The broader Topix rose 0.62% at 1,558.77, both rebounding from the lowest close touched in the prion session.


Data as of 30 June 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:59am EDT136.80+0.86+0.63%
.TRXFLDHKPThomson Reuters Equity HK Index3:33am EDT291.85+1.38+0.48%
.TRXFLDINPThomson Reuters Equity India Index3:35am EDT1,188.23+3.32+0.28%
.N225Nikkei Stock Average 2252:15am EDT22,288.14+293.10+1.33%
.HSIHang Seng Index3:50am EDT24,398.47+97.19+0.40%
.AORDASX All Ordinaries Index3:29am EDT6,001.30+85.70+1.45%
.KS11KOSPI Index2:32am EDT2,108.33+14.85+0.71%
.SETISET Composite Index3:50am EDT1,345.47+15.71+1.18%
.JKSEJakarta Composite4:06am EDT4,905.39+3.57+0.07%
.PSIPSE Composite Index12:50am EDT6,207.72+102.54+1.68%
.SSECShanghai Composite Index3:34am EDT2,984.67+23.16+0.78%
.BSESNS&P BSE Sensex3:50am EDT35,171.15+209.63+0.60%
.FTFBMKLCIFTSE Bursa Malaysia KLCI3:50am EDT1,504.55+10.12+0.68%
.HNX30HNX 30 Index28 Jun 2020211.42-8.37-3.81%

Have a healthy day, Keep the Faith!

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge. 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.