Equity indices in the Asia-Pacific region ended the week on a higher note while markets in Singapore were closed for Vesak Day.
Japan’s Nikkei: +1.2% (+2.0% for the week),
Hong Kong’s Hang Seng: +4.0% (+1.1% for the week),
China’s Shanghai Composite: +0.4% (+0.6% for the week),
India’s Sensex: +0.2% (+0.1% for the week),
South Korea’s Kospi: +1.3% (+1.7% for the week),
Australia’s ASX All Ordinaries: +0.6% (UNCH for the week).
Hong Kong’s Hang Seng (+4.0%) outperformed amid speculation that China is preparing a new stimulus package that could be announced around the Politburo’s meeting in July.
