Tuesday’s World Markets Outlook: Asia-Pacific

Tuesday’s World Markets Outlook: Asia-Pacific

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

Japanese shares gained Tuesday on hopes of additional US fiscal aid/relief/stimulus to bolster the world’s largest economy, as major countries break away from the impact of the coronavirus chaos.

The Nikkei 225 Index ended up 1.88% at 22,750.24. The broader Topix index rose 2.54%.

 Australian shares rose to a 3-wk high Tuesday, boosted by heavyweight financial stocks, after the country’s 2nd-most populous state reported fewer new C-19 infections, lifting investor sentiment.

As of 0106 GMT, the S&P/ASX 200 index rose 0.56% to its highest since July 22. The benchmark closed 1.76% firmer Monday.

In New Zealand, the benchmark S&P/NZX 50 index dipped 0.2% to 11663.72 points by 0111 GMT.

China shares ended higher Monday, turning around from early losses as data signalling slow factory deflation reinforced hopes of an economic recovery from the chaos-driven lockdown.

At the close, the Shanghai Composite index was up 0.75% at 3,379.25, after earlier falling as much as 0.57%.

The blue-chip CSI300 index was up 0.36%, clawing back from a 1.31% fall. The CSI financial sector sub-index ended 1.34% higher, the consumer staples sector added 0.11%, the Real Estate index jumped 3.08% and the healthcare sub-index closed 0.62% lower.

Asia-Pacific Indexes

Data as of 11 August 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:47am EDT139.09+3.40+2.51%
.TRXFLDHKPThomson Reuters Equity HK Index2:47am EDT309.13+3.07+1.00%
.TRXFLDINPThomson Reuters Equity India Index2:47am EDT1,299.27+3.96+0.31%
.N225Nikkei Stock Average 2252:15am EDT22,750.24+420.30+1.88%
.HSIHang Seng Index3:02am EDT24,814.06+436.63+1.79%
.AORDASX All Ordinaries Index3:07am EDT6,272.10+25.00+0.40%
.KS11KOSPI Index2:32am EDT2,418.67+32.29+1.35%
.SETISET Composite Index1:29am EDT1,342.75+20.74+1.57%
.JKSEJakarta Composite3:17am EDT5,191.07+33.24+0.64%
.PSIPSE Composite Index12:50am EDT5,953.94+23.02+0.39%
.SSECShanghai Composite Index3:00am EDT3,340.29-38.96-1.15%
.BSESNS&P BSE Sensex3:02am EDT38,374.96+192.88+0.51%
.FTFBMKLCIFTSE Bursa Malaysia KLCI3:03am EDT1,569.30-2.36-0.15%
.HNX30HNX 30 Index9 Aug 2020210.78+1.34+0.64%

Have a healthy day, Keep the Faith!

The following two tabs change content below.

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.