APAC markets open mostly in green; ASX200 up 14 bps

1 min read | May 26, 2021 04:17 AM BST | By Furquan Moharkan

Summary

  • APAC markets have opened mostly in green.
  • The Hang Seng Index is the best performer in the region.
  • ASX200 is up 14 bps.

The markets  across the Asia Pacific Region (APAC) on Wednesday mostly opened in green, as a bunch of Southeast Asian markets were closed for the holiday.

The Nikkei 225 in Japan was up/down 10 basis points while its Topix index was marginally down by 3 bps. On the other hand, South Korean Kospi was down 17 bps.

In Mainland China, indices were mixed: the Shanghai composite was up 43 bps while the Shenzhen component was down 34 bps. In Chinese Special Administrative Region of Hong Kong, the Hang Seng index was up 54 bps – making it the best performing index in the region.

On the other hand, Taiwan Weighted Index was mostly flat at 5 bps gain.

The ASX200 in Australia was up by 14 basis points.

Anticipating the monetary policy decision in the country, the Dow Jones New Zealand index seems to be on the decline – with 6 bps loss.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 78 bps higher.

Meanwhile the markets in Singapore, Thailand and Indonesia were closed due to national holidays.


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