World stocks have risen 35% from a late March bottom.
Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery.
The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over US-China relations kept a cap on gains.
New Zealand’s S&P/NZX 50 ended 1.4% higher at 11,034.17
Japanese shares hit a more than 3-month highs Tuesday as hopes for a global economic recovery bolstered expectations for a rebound in corporate earnings, with more countries gradually reopening after C-19 coronavirus chaos-related lockdowns.
The Nikkei index ended 1.19% higher at 22,325.61 pts after earlier rising to its highest mark since 26 February. Industrial and technology shares led the advance.
The broader TOPIX index rose 1.21% at 1,587.68
China stocks were flat to unchanged Tuesday, as investors reviewed their positions after recent gains triggered by optimism over fresh policies to support the economy, though concerns about deteriorating US-China relations lingered.
At the midday break, the Shanghai Composite index was down 0.11% to 2,912.09 pts.
China’s blue-chip CSI300 index was down 0.04%, as of 0415 GMT, with its financial sector sub-index climbing 0.51%, the consumer staples sector down 0.19%, the Real Estate index up 0.98% and the healthcare sub-index down 1.14%.
Chinese H-shares listed in Hong Kong fell 0.22% to 9,812.26, while the Hang Seng Index was up 0.38% at 23,823.03.
The smaller Shenzhen index was down 0.14% and the start-up board ChiNext Composite index was weaker by 1.02%.
The Indonesian benchmark spiked 2.5% in early trade to its highest level since early April.
Singapore’s index touched a 2-wk peak, led by blue chips such as Jardine Cycle & Carriage Holdings Ltd and DBS Group Holdings Ltd .
The Philippine benchmark rose 1.5% to hit its highest mark since mid-March.
Thai stocks hit a near 3-month high buoyed by utilities.
Vietnam rose on consumer staples.
The Philippines and Indonesia extended their winning streak to a fifth session, Vietnam was up for a 4th session while for Thailand, it was a 3rd day of gainers.
Malaysian shares were flat.
Data as of 2 Jun 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:55am EDT||139.33||+1.67||+1.21%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||2:55am EDT||279.63||+1.75||+0.63%|
|.TRXFLDINP||Thomson Reuters Equity India Index||2:53am EDT||1,129.65||+12.13||+1.09%|
|.N225||Nikkei Stock Average 225||2:15am EDT||22,325.61||+263.22||+1.19%|
|.HSI||Hang Seng Index||3:10am EDT||23,904.78||+172.26||+0.73%|
|.AORD||ASX All Ordinaries Index||2:17am EDT||5,960.10||+21.70||+0.37%|
|.KS11||KOSPI Index||2:30am EDT||2,087.19||+22.11||+1.07%|
|.SETI||SET Composite Index||1:29am EDT||1,364.52||+12.15||+0.90%|
|.JKSE||Jakarta Composite||3:25am EDT||4,856.39||+102.77||+2.16%|
|.PSI||PSE Composite Index||12:50am EDT||6,025.17||+95.00||+1.60%|
|.SSEC||Shanghai Composite Index||3:00am EDT||2,921.40||+5.97||+0.20%|
|.BSESN||S&P BSE Sensex||3:10am EDT||33,683.22||+379.70||+1.14%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:10am EDT||1,506.91||+16.77||+1.13%|
|.HNX30||HNX 30 Index||31 May 2020||222.77||+6.18||+2.85%|
Have a healthy day, Keep the Faith!
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