- Shares in Asia Pacific traded mixed on Tuesday morning.
- Stocks in mainland China continued to lead gains among the region’s major markets for a second day after Monday’s blockbuster gains, with the Shanghai composite rising 1.81% in early trade
- The Reserve Bank of Australia (RBA) is expected to announce its interest rate decision at about 12:30 p.m. HK/SIN on Tuesday.
Stocks in Asia Pacific were mixed on Tuesday morning as investors await the Reserve Bank of Australia’s interest rate decision.
Stocks in mainland China continued to lead gains among the region’s major markets for a second day after Monday’s blockbuster gains. The Shanghai composite rose 1.81% in early trade while the Shenzhen component added 1.122%. Hong Kong’s Hang Seng index also jumped 1.36%.
On Monday, the Shanghai composite soared nearly 6% after the state-owned China Securities Journal said investors should look forward to the “wealth effect of the capital markets” and the prospect for a “healthy bull market.”
Elsewhere, however, Japan’s Nikkei 225 slipped 0.47% while the Topix index shed 0.42%. South Korea’s Kospi dipped fractionally.
Over in Australia, the S&P/ASX 200 gained 0.22%.
Overall, the MSCI Asia ex-Japan index traded 0.59% higher.
The Reserve Bank of Australia (RBA) is expected to announce its interest rate decision at about 12:30 p.m. HK/SIN on Tuesday.
“The RBA this afternoon can confidently expected to be on hold as it continues to assess the outlook, where even in its best-case upside scenario, full economic recovery will take years,” Ray Attrill, head of foreign exchange strategy at National Australia Bank, wrote in a note.
| TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|---|
| .N225 | Nikkei 225 Index | NIKKEI | 22561.46 | -152.98 | -0.67 |
| .HSI | Hang Seng Index | HSI | 26267.97 | -71.19 | -0.27 |
| .AXJO | S&P/ASX 200 | ASX 200 | 6016.80 | 2.20 | 0.04 |
| .SSEC | Shanghai | SHANGHAI | 3364.64 | 31.76 | 0.95 |
| .KS11 | KOSPI Index | KOSPI | 2179.93 | -8.00 | -0.37 |
| .FTFCNBCA | CNBC 100 ASIA IDX | CNBC 100 | 8679.23 | -18.71 | -0.22 |
Overnight stateside, stocks on Wall Street saw strong gains. The Dow Jones Industrial Average jumped 459.67 points, or 1.8%, to close at 26,287.03. The S&P 500 advanced 1.6% to end its trading day at 3,179.72. The Nasdaq Composite hit an all-time high, surging 2.2% to close at 10,433.65.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 96.672 after earlier declining from levels above 96.8.
The Japanese yen traded at 107.31 per dollar following a strengthening from levels above 107.6 yesterday. The Australian dollar changed hands at $0.6977 after bouncing from levels around $0.695 yesterday.
Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.46% to $42.90 per barrel. U.S. crude futures also shed 0.37% to $40.48 per barrel.
Reprinted from cnbc.com, the copyright all reserved by the original author.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.