Indonesia ended on downward trend
Stock indices of the Asia-Pacific region (APR) fell on the news about the ongoing spread of coronavirus in the world. According to the Johns Hopkins University, the number of victims COVID-19 worldwide has exceeded 500 thousand people, the disease was detected in more than 10 million people. As noted Jinyi pan from IG Markets, quoted by MarketWatch, “exceeding the mark of 10 million cases of infection COVID-19 outweighed the scales in the markets Monday in the direction of risk aversion”.
Japan’s Nikkei 225 lost 2.3 percent.
Retail sales in Japan in may increased by 2.1% compared to the previous month and fell by 12.3% in annual terms. Analysts on average had expected a smaller decrease of the second indicator – 11.6%, according to data from Trading Economics. The sales decline in annual terms was observed for the third month in a row amid negative impact of the pandemic on the demand. In April, the drop in sales was 9.9% in the month and 13.9% in annual terms.
Quotations of securities, a technology investment Group SoftBank fell by 2.8%, car Motor Toyota (T:7203) of 1.6%. Shares of electronics maker Sony fell 2.7%.
China’s Shanghai Composite index fell 0.61%, the Hang Seng by 1.01%.
Profits of large industrial enterprises of China in may 2020 rose 6% on the back of increasing business volumes of production and sales, with the gradual lifting of the worldwide restrictions imposed previously with the aim of curbing the spread of coronavirus infection.
Total profits of industrial enterprises with annual revenue over 20 million yuan last month amounted to 582,34 billion yuan ($82,25 billion), according to data of the State statistical office (CSO) of the PRC. In April, the index decreased by 4.3%.
Meanwhile, the deficit of the external trade of Hong Kong in may fell to the lowest since January of 2019 is 13.73 billion Hong Kong dollars ($1.77 billion) with 34,71 billion in may last year. Exports last month fell by 7.4% and imports by 12.3%.
In the course of trading in Hong Kong Monday fell by the market value of Telecom companies China Unicom (and 2.8%) and China Mobile (-3%), casino operator Galaxy Entertainment Group Ltd. (-2,3%), insurer AIA Group (down 2.3%).
At the same time, prices for securities of Internet giant Tencent Holdings rose 0.2%.
The South Korean Kospi index declined by 1.93%.
Capitalization of one of the world’s largest chip manufacturers Samsung (KS:005930) Electronics Co. decreased by 1%, automaker Kia Motor – on 2,9%.
The Australian index S&P/ASX 200 fell by 1.51%.
Stock quote Commonwealth Bank of Australia was down 1%, Westpac Banking – 1.1%, National Australia Bank rose 1.6%, Australia & New Zealand Banking Group gained 1.3%.
The price of biggest mining companies in the world BHP and Rio Tinto (LON:RIO) dropped 1.9% and 1.7%, respectively.