Wednesday’s World Markets Outlook: Asia-Pacific

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific

Australian shares closed higher Wednesday, mirroring overnight gains on Wall Street, with material stocks providing a major lift to the domestic benchmark.

The S&P/ASX 200 index rose 1.88% at 6,052.9 pts, in its best day since 30 June. In New Zealand, the benchmark S&P/NZX 50 index rose 1% at 11,610.52.

Japanese stocks rose Wednesday to a 5 wk high as encouraging results from a coronavirus vaccine study and optimism about swift economic growth supported expectations that corporate earnings would pick up in 2-H.

The Nikkei index settled 1.59% higher at 22,945.50 after hitting its highest mark since 10 June. The broader TOPIX index rose 1.56% at 1,589.51.

Hong Kong shares ended flat Wednesday, at the close of trade, the Hang Seng index was up 3.69 points, or 0.01%, at 25,481.58, reversing earlier losses recorded in the mid-day session. The Hang Seng China Enterprises index fell 0.14% to 10,390.54. 

 China shares ended lower Wednesday, at the close, the Shanghai Composite index was down 1.56% to 3,361.30. The blue-chip CSI300 index was down 1.29%, with its financial sector sub-index lower by 2.26%, the consumer staples sector up 0.93%, the Real Rstate index down 2.88% and the healthcare sub-index up 1.78%.

The smaller Shenzhen index ended down 2.07% and the start-up board ChiNext Composite index was weaker by 1.596%. 

Asia-Pacific Indexes

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

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:37am EDT139.30+2.09+1.52%
.TRXFLDHKPThomson Reuters Equity HK Index4:45am EDT313.90+1.23+0.39%
.TRXFLDINPThomson Reuters Equity India Index4:45am EDT1,226.47+16.16+1.34%
.N225Nikkei Stock Average 2252:15am EDT22,945.50+358.49+1.59%
.HSIHang Seng Index4:08am EDT25,481.58+3.69+0.01%
.AORDASX All Ordinaries Index3:19am EDT6,160.40+114.90+1.90%
.KS11KOSPI Index5:03am EDT2,201.88+18.27+0.84%
.SETISET Composite Index5:00am EDT1,354.01+12.94+0.96%
.JKSEJakarta Composite4:14am EDT5,075.80-3.32-0.07%
.PSIPSE Composite Index12:50am EDT6,016.51-156.30-2.53%
.SSECShanghai Composite Index3:00am EDT3,361.30-53.31-1.56%
.BSESNS&P BSE Sensex4:59am EDT36,506.56+473.50+1.31%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:59am EDT1,585.56-13.19-0.83%
.HNX30HNX 30 Index13 Jul 2020219.03+0.89+0.41%

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.