Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses.
The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions.
New Zealand’s benchmark S&P/NZX 50 index rose 0.8% on the back of gainers in healthcare stocks to finish the session at 10,572.84 pts.
China shares reversed early losses to gain strength on Wednesday, as investors await follow-up supportive policies ahead of the annual parliament meeting to counter the economic fallout of the coronavirus pandemic.
At the midday break, the Shanghai Composite index was up 0.08% at 2,862.50 pts, after opening more than 1% lower on renewed trade tensions with Washington.
Stocks are rebounding since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus. Investors are now watching efforts by a number of countries trying to spark their economies by easing restrictions put in place to fight the coronavirus chaos.
China’s blue-chip CSI300 index was up 0.01%, with its financial sector sub-index dropping 1.43%, the consumer staples sector was up 0.91%, the Real Estate index down 2.29% and the healthcare sub-index up 0.98%.
Chinese H-shares listed in Hong Kong rose 0.63% at 9,759.32, while the Hang Seng Index was up 0.66% at 24,026.31.
Singapore shares gained the most in Southeast Asia Wednesday, supported by the industrial sector.
Philippine stocks fell up to 1.4%, dragged down by a 3.9% drop in shares of conglomerate Ayala Corp.
The Indonesian benchmark slipped 0.6% as the country’s consumer confidence index plunged to its lowest level in 12 years in April.
Singapore’s index rose 1.1%, with the city-state’s flag carrier Singapore Airlines soaring 14.1%, while index heavyweight Jardine Strategic Holdings firmed 3.1%.
Malaysian shares advanced 0.3%, helped by Petronas Dagangan and Malayan Banking, which rose 1.4% and 0.9%, respectively.
Markets in Thailand were closed for a holiday
Data as of 6 May 2020. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||125.51||+0.00||+0.00%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:07am EDT||275.04||+4.16||+1.54%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:06am EDT||1,059.08||+8.92||+0.85%|
|.N225||Nikkei Stock Average 225||1 May 2020||19,619.35||-574.34||-2.84%|
|.HSI||Hang Seng Index||3:22am EDT||24,186.57||+317.91||+1.33%|
|.AORD||ASX All Ordinaries Index||3:31am EDT||5,464.80||-13.30||-0.24%|
|.KS11||KOSPI Index||2:30am EDT||1,928.76||+33.39||+1.76%|
|.SETI||SET Composite Index||5 May 2020||1,278.63||-23.03||-1.77%|
|.JKSE||Jakarta Composite||3:38am EDT||4,601.66||-28.47||-0.61%|
|.PSI||PSE Composite Index||12:50am EDT||5,639.27||-32.40||-0.57%|
|.SSEC||Shanghai Composite Index||3:01am EDT||2,878.14||+18.06||+0.63%|
|.BSESN||S&P BSE Sensex||3:22am EDT||31,848.50||+394.99||+1.26%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:22am EDT||1,388.06||-1.49||-0.11%|
|.HNX30||HNX 30 Index||4 May 2020||201.66||-0.10||-0.05%|
Have a healthy day, Keep the Faith!