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


Equity indices in the Asia-Pacific region ended the week on a mostly higher note.

Japan’s former Prime Minister Abe was assassinated during a campaign speech ahead of this weekend’s upper house elections. The approval rating of South Korea’s President Yoon fell to 37% from 43%, according to Gallup. FT reported that Chinese property developers are facing $13 bln in dollar-denominated bond payments during the second half of this year.

—Equity Markets—

Japan’s Nikkei: +0.1% (+2.2% for the week)
Hong Kong’s Hang Seng: +0.4% (-0.6% for the week)
China’s Shanghai Composite: -0.3% (-0.9% for the week)
India’s Sensex: +0.6% (+3.0% for the week)
South Korea’s Kospi: +0.7% (+2.0% for the week)
Australia’s ASX All Ordinaries: +0.6% (+2.3% for the week)