Wednesday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia

Australian shares finished higher Wednesday, supported by gains in financial and energy stocks, on hopes that the US is nearing a deal on a stimulus package.

The S&P/ASX 200 index .AXJO closed 0.1% higher at 6,191.80. New Zealand’s benchmark S&P/NZX 50 index .NZ50 slipped 0.2% to 12,432.61.

Japanese shares closed higher Wednesday as optimism that U.S. lawmakers could reach an agreement on a pre-election stimulus package lifted riskier assets globally.

The benchmark Nikkei share average settled 0.31% higher at 23,639.46. The broader Topix gained 0.73% at 1,637.60.

Hong Kong shares ended higher for a 4th session running Wednesday, as hopes for a new round of US fiscal stimulus and strong Q-3 results due to China’s accelerated economic recovery boosted sentiment.

At the close of trade, the Hang Seng index was up 184.88 points or 0.75% at 24,754.42. The Hang Seng China Enterprises index rose 0.9% at 10,077.78

Asia-Pacific Indexes

Data as of 21 October 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index3:36am EDT143.57+1.00+0.70%
.TRXFLDHKPThomson Reuters Equity HK Index4:59am EDT320.80+1.87+0.59%
.TRXFLDINPThomson Reuters Equity India Index5:02am EDT1,363.19-7.18-0.52%
.N225Nikkei Stock Average 2252:15am EDT23,639.46+72.42+0.31%
.HSIHang Seng Index4:08am EDT24,754.42+184.88+0.75%
.AORDASX All Ordinaries Index2:19am EDT6,403.10+6.30+0.10%
.KS11KOSPI Index5:01am EDT2,370.86+12.45+0.53%
.SETISET Composite Index5:18am EDT1,217.71+7.04+0.58%
.JKSEJakarta Composite4:14am EDT5,096.45-3.39-0.07%
.PSIPSE Composite Index12:50am EDT6,278.59+165.88+2.71%
.SSECShanghai Composite Index3:59am EDT3,325.02-3.08-0.09%
.BSESNS&P BSE Sensex5:17am EDT40,419.65-124.72-0.31%
.FTFBMKLCIFTSE Bursa Malaysia KLCI4:59am EDT1,492.40-18.57-1.23%
.HNX30HNX 30 Index19 Oct 2020260.16-0.38-0.15%

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.   

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