Bulletin
Investor Alert

Asia Markets Archives | Email alerts

June 29, 2018, 8:01 a.m. EDT

Australia caps a sunny quarter in mostly mixed Asia-Pacific stock action

Bullish milestones for Australia and New Zealand as Japan’s Nikkei pulls out June gain and China down 10% for quarter

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    S&P/ASX 200 Benchmark Index (XJO)
  • X
    S&P/NZX 50 Gross Index (NZ50GR)
  • X
    NIKKEI 225 Index (NIK)

or Cancel Already have a watchlist? Log In

By Dow Jones Newswire


Getty Images/iStockphoto
People enjoy the sun at Bondi Beach in Sydney, Australia.

Asia-Pacific stocks were mixed on Friday, the last trading day of an up-and-down second quarter.

Australian stocks emerged as stars with June’s outperformance, allowing Australia’s key index /zigman2/quotes/210598100/delayed AU:XJO +0.97%   to hit levels last seen at the start of 2008 and New Zealand’s benchmark /zigman2/quotes/211587880/delayed NZ:NZ50GR -1.19%   to log a series of record closing highs. Both gave up early Friday gains to close lower for the session, but the move did little to tarnish the quarter.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK +1.07%   rose 0.2% after mixed trading Friday, as it barely gained for June but avoided logging a fourth monthly drop out of the past five. The transportation and oil sectors fared the worst, with Japan Petroleum Exploration /zigman2/quotes/201212147/delayed JP:1662 -3.36%   and Inpex /zigman2/quotes/206689846/delayed JP:1605 -1.57%   each down more than 2%. Sharp Corp. /zigman2/quotes/203224600/delayed JP:6753 +3.16%   skyrocketed after the company dropped a plan to issue as much as $2 billion in new shares.

In China, the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP -0.35%   rose 2% after four days of losses, but will record a 10% loss for a quarter that landed it in correction territory. Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -1.81%   was up 1.6% for the session, though down 3.7% for the quarter.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -1.02%   flitted between gains and losses but its firmer finish snapped a three-day losing streak after notching a 13-month closing low Thursday. Samsung Electronics /zigman2/quotes/209800866/delayed KR:005930 +0.20%   fell, though other tech companies gained.

Markets in Taiwan  and Singapore /zigman2/quotes/210597985/delayed SG:STI -0.34%   rose Friday as well.

/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,830.80
+55.80 +0.97%
Volume: 805,523
May 28, 2020 2:27p
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
10,917.91
-131.28 -1.19%
Volume: 0.00
May 28, 2020 4:27p
loading...
/zigman2/quotes/210597971/delayed
JP : Nikkei
21,649.47
+230.24 +1.07%
Volume: 0.00
May 28, 2020 1:27p
loading...
/zigman2/quotes/201212147/delayed
JP : Japan: Tokyo
¥ 2,045.00
-71.00 -3.36%
Volume: 199,700
May 28, 2020 1:27p
P/E Ratio
4.36
Dividend Yield
2.44%
Market Cap
¥116.76 billion
Rev. per Employee
¥156.48M
loading...
/zigman2/quotes/206689846/delayed
JP : Japan: Tokyo
¥ 758.60
-12.10 -1.57%
Volume: 6.34M
May 28, 2020 1:27p
P/E Ratio
9.55
Dividend Yield
3.16%
Market Cap
¥1093.84 billion
Rev. per Employee
¥291.81M
loading...
/zigman2/quotes/203224600/delayed
JP : Japan: Tokyo
¥ 1,207.00
+37.00 +3.16%
Volume: 3.07M
May 28, 2020 1:27p
P/E Ratio
38.89
Dividend Yield
1.49%
Market Cap
¥712.86 billion
Rev. per Employee
¥50.23M
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,826.91
-9.89 -0.35%
Volume: 13.15B
May 28, 2020 12:32p
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
22,878.98
-422.38 -1.81%
Volume: 1.02M
May 28, 2020 12:05p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,010.57
-20.63 -1.02%
Volume: 877,121
May 28, 2020 1:27p
loading...
/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
50,000.00
+100.00 +0.20%
Volume: 23.95M
May 28, 2020 1:27p
P/E Ratio
15.95
Dividend Yield
2.83%
Market Cap
₩334539.00 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,510.98
-8.50 -0.34%
Volume: 0.00
May 28, 2020 12:32p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.