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

Thailand’s stock index reversed course to fall as much as 1% Wednesday after a spike in coronavirus cases sparked fears of another lockdown in the tourism-and-trade-reliant country, with the benchmark on course to end the year as one of the worst performers in Asia.

 China’s blue-chip index and start-up board ChiNext both hit their highest in more than 5 yrs Wednesday, as Asian stocks hit a record on hopes of a strong economic recovery in Y 2021.

The blue-chip CSI300 index rose 1.4% at 5,113.71 pts, its highest close since June, 2015. The Shanghai Composite Index advanced 1.1% to 3,414.45 pts. Shenzhen’s start-up board jumped over 3%, as investors bet on Green tech.

Japan’s Nikkei share average retreated from a more than three-decade high in early trade on Wednesday as investors locked in some profits after a rally, but the market stayed on course for a second year of gains.

The benchmark Nikkei share average fell 0.57% to 27,412.24 on the last trading day of the year. The broader Topix slipped 0.67% to 1,806.92.

Australian shares pulled back Wednesday, closing the last full session of Y 2020 in the red, as the country’s most populous city tightened COVID-19 curbs ahead of New Year’s Eve and investors took cues from a weak session on Wall Street.

The S&P/ASX 200 index ended down 0.27% at 6,682.4. New Zealand’s benchmark S&P/NZX 50 index closed down 0.2% to 13,217.14

Asia-Pacific Indexes

Data as of 30 December 2020. All quotes delayed at least 15 mins.

Have a healthy day, Keep the Faith!

  #Asia-Pacific, #Australia, #China, #Japan, #stocks, #world

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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 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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