Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings.
The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The broader Topix fell 0.26% to 1,476.72
Australian shares finished lower Tuesday on concerns over a 2nd wave of coronavirus cases in several nations and a partial ban by China on the country’s beef imports.
The benchmark S&P/ASX 200 index fell 1.07% to 5,403.
New Zealand’s benchmark index rose 0.5% at 10,818.67 pts, helped by gains among utility and healthcare stocks
Chinese shares dropped Tuesday on fears about a 2nd wave of coronavirus infections and as a sharp drop in the country’s factory prices underscored the economic impact of The China Virus chaos
At the midday break, the Shanghai Composite index was down 0.59% to 2,877.71 pts.
China’s blue-chip CSI300 index was down 0.49%, erasing earlier gains, with its financial sector sub-index lower by 0.79%, the consumer staples sector up 0.51%, the Real Estate index down 1.25% and the healthcare sub-index up 0.68%.
The smaller Shenzhen index was down 0.65% and the start-up board ChiNext Composite index was weaker by 0.16%.
Chinese H-shares listed in Hong Kong fell 1.69% to 9,821.44, while the Hang Seng Index was down 1.78% to 24,163.29.
Shanghai’s index tracking B-shares, shares that are traded in dollars in Shanghai and HK dollars in Shenzhen, plunged by 6.9% by mid-day break.
Southeast Asian stock markets fell Tuesday on fears of a C-19 coronavirus resurgence in China and its implications for countries easing restrictions, while prospects of US-China tensions flaring further also weighed on sentiment.
Singapore equities declined 1.1% after 4 straight sessions of gainers, and were on course for their worst day in more than a week.
Philippine stocks slid after President Rodrigo Duterte said he would extend lockdown in some areas beyond 15 May.
Thai stocks gave up early gains to trade 0.1% lower, after rising for two consecutive sessions. Estimates from the Tourism Authority of Thailand showed Monday foreign tourist arrivals may plunge by almost two-thirds to 14-M this year, the lowest in 14 yrs, due to the C-19 coronavirus chaos .
Indonesian shares fell 0.8%, dragged lower by financials.
Data as of 12 May 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:46am EDT||129.61||-0.44||-0.34%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||2:49am EDT||278.08||-3.21||-1.14%|
|.TRXFLDINP||Thomson Reuters Equity India Index||2:48am EDT||1,036.39||-18.45||-1.75%|
|.N225||Nikkei Stock Average 225||2:15am EDT||20,366.48||-24.18||-0.12%|
|.HSI||Hang Seng Index||3:05am EDT||24,205.40||-396.66||-1.61%|
|.AORD||ASX All Ordinaries Index||2:55am EDT||5,497.30||-61.80||-1.11%|
|.KS11||KOSPI Index||2:32am EDT||1,922.17||-13.23||-0.68%|
|.SETI||SET Composite Index||1:29am EDT||1,295.52||+8.22||+0.64%|
|.JKSE||Jakarta Composite||3:17am EDT||4,569.56||-69.55||-1.50%|
|.PSI||PSE Composite Index||12:50am EDT||5,651.67||-16.26||-0.29%|
|.SSEC||Shanghai Composite Index||3:00am EDT||2,891.56||-3.25||-0.11%|
|.BSESN||S&P BSE Sensex||3:04am EDT||30,984.23||-576.99||-1.83%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:05am EDT||1,380.36||-1.95||-0.14%|
|.HNX30||HNX 30 Index||10 May 2020||213.75||+4.07||+1.94%|
Have a healthy day, Keep the Faith!