News

Asia-Pacific Stocks Mostly Fall

1 Mins read

Asia-Pacific stocks experienced a mixed day on Wednesday, January 10th. In Hong Kong, shares declined for the seventh consecutive day, while the Japanese market continued to show positive gains for the third day in a row.

Hong Kong

Hong Kong stocks dropped, with the Hang Seng Index down 0.6% at 16,097.28.

Of the Hang Seng Index constituents, full-service restaurant company Haidilao Intl Hldg saw the largest increase on Wednesday, as shares soared by 8.4%. On the other hand, shares of food products company Tingyi Cayman Islands saw the largest decline in Hong Kong, with shares falling by 4.4%.

Japan

The Japanese market saw a significant increase, with the Nikkei 225 Index rising by 2.0% to 34,441.72.

Among the Nikkei 225 Index constituents, electrical components/equipment company Kyocera experienced the largest increase on Wednesday, with shares rising by 6.1%. Shares of medical equipment/supplies firm Olympus and pharmaceuticals company Daiichi Sankyo also saw notable gains, increasing by 5.7% and 5.2% respectively. However, computer/consumer electronics company Fujitsu saw a decline in shares, weakening by 1.9%. Similarly, shares of e-commerce firm Rakuten Group and semiconductors company SCREEN Holdings decreased by 1.8% and 1.4% respectively.

Other Regions

The Shanghai Composite Index of Chinese companies dropped by 0.5% to 2,877.70, while the FTSE Straits Times Index of Singapore stocks weakened by 0.6% to 3,179.15. The KOSPI Composite Index of South Korean stocks fell by 0.8% to 2,541.98, and Australia’s S&P/ASX 200 Benchmark Index dropped by 0.7% to 7,468.50.

Related posts
News

'Ether Caught Fire': ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds

2 Mins read
Ethereum (ETH) emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin (BTC) behind as capital flowed into altcoins, DeFi protocols, and…
News

Pakistan's Strategic Partnership Or Sell-Out To US? - OpEd

5 Mins read
The growing competition between the US and China for global mineral supply chains has made regions like Balochistan strategically vital. Control over…
News

Pi Coin Price Eyes Recovery Amid Oversold Conditions and Positive Market Signals - TokenPost

1 Mins read
Pi Coin has recently experienced notable volatility, with its price fluctuating within a narrow range amid weak growth. Despite limited upward momentum,…

Leave a Reply

Your email address will not be published. Required fields are marked *