AUS
NZ
UK
CA
USA
IND
Summary
- Most of the major APAC markets are in red.
- ASX200 is the worst performer in the region as AU$40 billion of investor wealth has been wiped off
- Hang Seng and KOPSI are closed on account of Buddhist festival.
The markets across the Asia-Pacific region were mostly trading in red on Wednesday, with Australian markets being the worst performer.
The country’s benchmark ASX200 was down 2.01% due to weak consumer sentiment. As ASX200 marked its worst show in almost three months, about AU$40 billion investor wealth was wiped off.
In far east, Japan’s Nikkei225 was down 1.38%.
On the other hand, Mainland Chinese stocks were also trading lower: Shanghai Composite was down 41 basis points (bps), while FTSE China A50 was down 22 bps.
However, Taiwan’s Taiex was trading 29 basis points higher.
In Chinese Autonomous Region of Hong Kong, Hang Seng was closed for the day on account of Buddha's Birthday. South Korea’s KOPSI was also closed on account of Buddha’s birthday.
In India, which has been crippled with COVID-19 pandemic, both BSE Sensex and NSE Nifty were trading flat.
The Morgan Stanley Capital International’s APAC index was up 1.80%.
Ahead of the earnings call, the shares of Singapore Airlines were trading 2% lower in Singapore.
