Wednesday, 23 January 2019 16:39 WIB |
MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik
Asia's stock markets showed little conviction on Wednesday after the rebound that's added $1.3 trillion of values since December stalled.
The MSCI Asia Pacific Index fluctuated between gains and losses and was down 0.3 percent as of 4:44 p.m. in Hong Kong. The Hang Seng Index and Shanghai Composite Index were little changed. In Japan, the Topix index fell after the Bank of Japan cut its inflation outlook and left stimulus unchanged.
January has been looking solid so far, with equities across Asia recovering from December™s rout, which culminated in the Christmas Day mayhem that sent the Nikkei 225 into bear-market territory. With the regional benchmark up 3.8 percent this month, the last time investors had it this good was exactly a year ago -- when stocks kicked off 2018 with a 7.7 percent jump through a Jan. 26 peak, before running out of gas.
South Korea's Kospi index up 0.5%; Kospi 200 up 0.4%, Australia's S&P/ASX 200 down 0.3%; New Zealand's S&P/NZX 50 down 0.1%, Taiwan's Taiex index down 0.5%.
India™s S&P BSE Sensex Index and NSE Nifty 50 were little changed.
Singapore's Straits Times Index down 0.8%; Malaysia's KLCI down 0.8%; Philippine Stock Exchange down 0.2%; Jakarta Composite down 0.2%; Thailand's SET up 1%; Vietnam's VN Index up 0.2%.