AUS
NZ
UK
CA
USA
IND
Most of the equity markets in the Asia Pacific (APAC) region were in the red on Tuesday, despite Wall Street indices clocking a record high overnight.
In Mainland China, stocks were down by the afternoon: the Shanghai Composite Index was trading 95 basis points lower, while the Shenzhen Component dropped 98 basis points lower.
In the Chinese Administrative region of Hong Kong, the Hang Seng Index was trading 95 basis points down. On Monday, the trading time in Hong Kong markets was truncated to half a day after an earlier severe weather warning was lowered.
In far eastern Japan, the benchmark Nikkei 225 fell 93 basis points down at the time of filing this copy while the Topix index was down 95 basis point. Elsewhere in South Korea, the KOSPI also declined 68 basis points.
Meanwhile down under, in Australia, ASX200 was trading down 47 basis points.
In Australia, the ASX200 dipped 0.31%.
The two markets that traded in the black were that of Taiwan and New Zealand. The Taiwan Weighted Index was near the flatline – up 8 basis points – while the Dow Jones New Zealand was up 20 basis points.
Meanwhile, the APAC index of Morgan Stanley Capital International was up 12 basis points.
Overnight, in Wall Street, the S&P 500 gained 23 basis points stateside to a fresh record closing high of 4,290.61. Investors will also closely watch technology shares in Asia-Pacific as the Nasdaq Composite on Wall Street rose 98 basis points to a record closing high of 14,500.51.The Dow Jones Industrial Average, however, was a laggard – falling by 150.57 points to 34,283.27.
