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Saturday, May 8, 2021

Wednesday’s World Markets Outlook: Asia-Pacific

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

China stocks edged up Wednesday as investors cheered the government’s pledge to implement additional policy measures to prop up the virus-ravaged broad economy.

At the midday break, the Shanghai Composite index was up 0.47% at 3,355.69 pts, while China’s blue-chip CSI300 index climbed 0.15%.

The Hang Seng Index advanced Wednesday the index was up 0.6% at 26,572.66, while Chinese H-shares listed in Hong Kong rose 0.91% at 10,646.05.

Japan’s Nikkei share average retreated Wednesday from a more than 29-yr closing high notched a day earlier, as soaring COVID-19 cases paused a global equity rally fuelled by vaccine hopes.

The benchmark Nikkei share average dropped 0.76% to 25,817.18. The broader Topix lost 0.53% to 1,725.50.

Australian shares finished higher Wednesday to hit their highest in 9 months after the central bank governor said the country is “on the road back”, while gold stocks advanced as a resurgence in COVID-19 cases globally lifted bullion prices.

The S&P/ASX 200 index rose 0.5% to 6,532 points by 2353 GMT. New Zealand’s benchmark S&P/NZX 50 index traded 0.5% lower by 0056 GMT. 

Asia-Pacific Indexes

Data as of 18 November 2020. All quotes delayed at least 15 mins.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:45am EST150.67-1.22-0.80%
.TRXFLDHKPThomson Reuters Equity HK Index4:45am EST327.25+1.88+0.58%
.TRXFLDINPThomson Reuters Equity India Index7:25am EST1,483.76+8.99+0.61%
.N225Nikkei Stock Average 2251:15am EST25,728.14-286.48-1.10%
.HSIHang Seng Index3:08am EST26,544.29+129.20+0.49%
.AORDASX All Ordinaries Index1:09am EST6,726.50+28.70+0.43%
.KS11KOSPI Index4:03am EST2,545.64+6.49+0.26%
.SETISET Composite Index4:58am EST1,364.59+14.78+1.09%
.JKSEJakarta Composite3:14am EST5,557.52+27.58+0.50%
.PSIPSE Composite Index17 Nov 20207,051.78+92.64+1.33%
.SSECShanghai Composite Index2:00am EST3,347.30+7.41+0.22%
.BSESNS&P BSE Sensex7:23am EST44,180.05+227.34+0.52%
.FTFBMKLCIFTSE Bursa Malaysia KLCI17 Nov 20201,604.75-5.40-0.34%
.HNX30HNX 30 Index17 Nov 2020267.40+0.74+0.28%

Have a healthy day, Keep the Faith!

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 is 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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