Wednesday’s World Markets Outlook: Asia-Pacific

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific

Australian shares finished lower Wednesday, dragged down by the healthcare sector, as a record surge in C-19 coronavirus cases in the country dented investor sentiment.

The S&P/ASX 200 index closed 1.3% lower to 6,075.10. New Zealand’s benchmark S&P/NZX 50 index dipped 0.1% to finish the session at 11,722.97.

China stocks rose Wednesday boosted by Beijing’s capital market reforms.

The CSI300 index rose 1.4% at 4,755.40 at the end of the morning session, while the Shanghai Composite Index gained 1.2%, at 3,360.78.

China revamped its Shanghai share index on Wednesday for the first time in 30 yrs, adding STAR Market-listed tech companies, kicking out high-risk companies and delaying inclusion of newly-listed stocks. An index tracking the STAR Board will be published after market close.

Japanese shares slipped Wednesday as investors locked in recent gains ahead of a long weekend, though expectations of fresh stimulus in Europe and the United States underpinned many cyclical shares.

The Nikkei share average fell 0.24% by midday to 22,828.75 but is still up 0.58% so far this week ahead of a long weekend from Thursday. The broader Topix lost 0.10% to 1,581.19.

Asia-Pacific Indexes

Data as of 22 July 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:38am EDT137.84-0.80-0.58%
.TRXFLDHKPThomson Reuters Equity HK Index4:02am EDT309.42-7.74-2.44%
.TRXFLDINPThomson Reuters Equity India Index4:02am EDT1,257.61-6.61-0.52%
.N225Nikkei Stock Average 2252:15am EDT22,751.61-132.61-0.58%
.HSIHang Seng Index4:08am EDT25,057.94-577.72-2.25%
.AORDASX All Ordinaries Index3:18am EDT6,192.60-76.20-1.22%
.KS11KOSPI Index2:32am EDT2,228.66-0.17-0.01%
.SETISET Composite Index4:17am EDT1,367.73-9.27-0.67%
.JKSEJakarta Composite4:14am EDT5,110.19-4.52-0.09%
.PSIPSE Composite Index12:50am EDT6,064.26-72.05-1.17%
.SSECShanghai Composite Index3:00am EDT3,333.16+12.27+0.37%
.BSESNS&P BSE Sensex4:18am EDT37,804.98-125.35-0.33%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:17am EDT1,589.23-6.70-0.42%
.HNX30HNX 30 Index20 Jul 2020219.11+0.00+0.00%

Have a healthy day, Keep the Faith!

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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.