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Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan

China shares finished higher Wednesday, buoyed by optimism that policymakers would likely avoid sudden credit policy tightening in Y 2021 to support an economic recovery from its virus-induced slump.

At the close, the Shanghai Composite index was up 0.76% at 3,382.32, while the blue-chip CSI300 index was up 0.85%. The smaller Shenzhen index ended up 0.74%.

The start-up board ChiNext Composite index was higher by 1.11% while Shanghai’s tech-focused STAR50 index was up 1.32%.

Japanese stocks also finished higher Wednesday as investors bet the healthcare sector would continue to benefit from a prolonged battle with the coronavirus, technology shares rose as well.

The Nikkei 225 Index rose 0.33% at 26,524.79, and the broader Topix rose 0.23% at 1,765.21.

Australian shares capped a 3-session losing streak to close higher Wednesday, after the country’s most populous state eased some COVID-19 restrictions for Christmas as new case numbers stayed low.

The S&P/ASX 200 index ended 0.7% higher at 6,643.1. New Zealand’s benchmark S&P/NZX 50 index gained 1.4% to finish the session at a record high of 13,020.21.

Asia-Pacific Indexes

Data as of 23 Dec 2020. All quotes delayed at least 15 minutes.

SymbIndexTimeLastChgChg %
.TRXFLDJPPThomson Reuters Equity Japan Index2:36am EST154.37+0.40+0.26%
.TRXFLDHKPThomson Reuters Equity HK Index4:36am EST325.54+2.47+0.76%
.TRXFLDINPThomson Reuters Equity India Index6:29am EST1,576.58+21.43+1.38%
.N225Nikkei Stock Average 2251:15am EST26,524.79+88.40+0.33%
.HSIHang Seng Index3:08am EST26,343.10+223.85+0.86%
.AORDASX All Ordinaries Index1:03am EST6,892.60+47.10+0.69%
.KS11KOSPI Index4:01am EST2,759.82+26.14+0.96%
.SETISET Composite Index4:51am EST1,416.02-8.37-0.59%
.JKSEJakarta Composite3:14am EST6,008.71-14.58-0.24%
.PSIPSE Composite Index22 Dec 20207,204.38+1.99+0.03%
.SSECShanghai Composite Index2:59am EST3,382.32+25.54+0.76%
.BSESNS&P BSE Sensex6:54am EST46,444.18+437.49+0.95%
.FTFBMKLCIFTSE Bursa Malaysia KLCI22 Dec 20201,647.50+15.58+0.95%
.HNX30HNX 30 Index22 Dec 2020302.83-2.21-0.72%

Have a healthy, Happy Holiday week, 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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