Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#39774
Truman
Participant

Equity indices in the Asia-Pacific region ended the midweek session on a mostly lower note.

Travel-related names struggled in Japan amid reports that the Japanese government’s travel support program will be delayed. Some entertainment venues in Shanghai will remain closed while others have been allowed to open.
South Korea’s prime minister called on the Bank of Korea to normalize policy to bring down inflation.

—Equity Markets—

Japan’s Nikkei: -1.2%
Hong Kong’s Hang Seng: -1.2%
China’s Shanghai Composite: -1.4%
India’s Sensex: +1.2%
South Korea’s Kospi: -2.1%
Australia’s ASX All Ordinaries: -0.5%