Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread.
The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at its highest level since 17 March.
Hong Kong stocks dropped Wednesday, in line with broader Asia, as worries persisted over the economic damage from the global coronavirus outbreak.
At the close of trade, the Hang Seng index was down 517.69 points or 2.19% at 23,085.79. The Hang Seng China Enterprises index fell 1.98% to 9,404.98.
The sub-index of the Hang Seng tracking energy shares dipped 1.9%, while the IT sector dipped 1.07%, the financial sector ended 2.91% lower and the property sector dipped 0.63%.
In Q-1, MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAP00000PUS plunged about 20%, registering the biggest quarterly decline since September 2008.
The index fell 12% in March, the biggest monthly decliner since October 2008.
At the close, the Shanghai Composite index was down 0.57% at 2,734.52.
The blue-chip CSI300 index was down 0.3%, with its financial sector sub-index higher by 0.04%, the consumer staples sector down 0.93%, the real estate index up 1.12% and the healthcare sub-index down 1.51%.
The smaller Shenzhen index ended down 0.35% and the start-up board ChiNext Composite index was weaker by 0.38%.
The benchmark Nikkei average fell 4.5% to a 1-week closing low of 18,065.41. However, overall trading was subdued, with the volume of shares traded on the main board valued at 2.72 trillion yen, its lowest level in a month.
Data as of 1 April 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||3:43am EDT||118.43||-4.65||-3.78%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||4:14am EDT||257.48||-4.78||-1.82%|
|.TRXFLDINP||Thomson Reuters Equity India Index||4:15am EDT||944.75||-32.88||-3.36%|
|.N225||Nikkei Stock Average 225||2:15am EDT||18,065.41||-851.60||-4.50%|
|.HSI||Hang Seng Index||4:08am EDT||23,085.79||-517.69||-2.19%|
|.AORD||ASX All Ordinaries Index||2:38am EDT||5,290.70||+180.10||+3.52%|
|.KS11||KOSPI Index||2:33am EDT||1,685.46||-69.18||-3.94%|
|.SETI||SET Composite Index||4:31am EDT||1,108.89||-16.97||-1.51%|
|.JKSE||Jakarta Composite||4:14am EDT||4,466.04||-72.89||-1.61%|
|.PSI||PSE Composite Index||12:50am EDT||5,408.52||+87.29||+1.64%|
|.SSEC||Shanghai Composite Index||3:59am EDT||2,734.52||-15.77||-0.57%|
|.BSESN||S&P BSE Sensex||4:31am EDT||28,085.57||-1,382.92||-4.69%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||4:31am EDT||1,326.08||-24.81||-1.84%|
|.HNX30||HNX 30 Index||30 Mar 2020||167.89||-1.03||-0.61%|
Have a healthy day, stay home!
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