APAC Market Wrap - 18 Jun

🔹 China

China's three major A-share indices closed slightly higher today:

• The Shanghai Composite Index rose 0.04% to 3,388.81 points;
• The Shenzhen Component Index gained 0.24% to 10,175.59 points;
• The ChiNext Index edged up 0.23% to 2,054.73 points.

Trading volume across Shanghai and Shenzhen markets was 1.1911 trillion yuan, a slight 16.1 billion yuan decrease from the previous day. On the surface, market hotspots were scattered, with more declines than gains: over 3,400 stocks fell across the board.

 

Sector performance：

• Gainers：PCB, CPO, military equipment, AI glasses;
• Losers：beauty care, glyphosate, rare earth permanent magnets, brain-computer interfaces.

🔹 Hong Kong

• The Hang Seng Index closed down 1.12%, and the Hang Seng Tech Index fell 1.46%.
• Oil and gas stocks led gains: Shandong Molong surged over 8%;
• Tech stocks dropped: Bilibili, Meituan, and Alibaba fell over 2%.

🔹 Japan

• The Nikkei 225 Index rose for the third consecutive day, up 0.90% (348.41 points) to 38,885.15 points.
• Nearly 1,100 stocks rose on the Tokyo Stock Exchange's main board, accounting for almost 70% of the total.
• Leading sectors：other products, pulp and paper, securities and commodity futures, mining, precision equipment, etc. (28 industries in total).

🔹 South Korea

• The KOSPI Index closed at 2,972.19 points on the 18th, up 21.89 points (0.74%) from the previous day.
• Outperforming industries：telecommunications, IT services, finance, textile and apparel, electrical/electronics, medical/precision machinery, chemicals, manufacturing, machinery/equipment.

🔹 India

• At close, the Sensex fell 212 points to 81,583, while the Nifty failed to hold the 24,900 mark.
• Market breadth was negative, with IT as the only sectoral gainer.

🔹 Singapore

• The Straits Times Index fell 0.25% (9.83 points) to 3,920.81 points.
• Daily trading volume was 822.09 million shares, with a total turnover of S$905.72 million.
• 212 advancers vs. 243 decliners.