empty
 
 
23.11.2022 04:24 PM
Asia's stock market is once again largely trading higher

This image is no longer relevant

Most stock markets in Asia are growing (up to 1%). The only two Chinese indices that show a decline are the Shanghai Composite and the Shenzhen Composite, which both fell by 0.19% and 1.22%, respectively. The Hang Seng Index in Hong Kong increased by 0.52%, the KOSPI in Korea increased by 0.45%, and the S&P/ASX 200 in Australia increased by 0.64%. Due to a holiday, the stock exchanges in Japan are closed today. The Nikkei 225 in Japan ended the day higher by 0.61%.

The leading indicators in Asia have embraced the optimistic outlook of American investors. On the eve of a statement about the potential for loosening monetary policy by one of the Fed's leaders, US stock indices showed gains. Analysts claim that the Fed wants to avoid increasing the rate by 75 points at a subsequent meeting in December, but it will be challenging to do so without losing control of the economy.

Due to the coronavirus situation in the nation, the main indicators in China continue to show a decline. Restrictive measures are being reinstated in some Chinese cities due to the rise in COVID-19 infections. More than 1.4 thousand infections were reported yesterday in Beijing alone. This is a record number since the pandemic's start.

Essence Information Technology Securities, Guangdong Zhongshan, and Shijiazhuang Yilin showed the largest declines in value among the Shanghai Composite's constituents, falling by 20%, 9.9%, and 6.9%, respectively.

The Hong Kong indicator, on the other hand, indicates an increase, which was made possible by an increase in the value of the securities of Alibaba companies (by 3%), JD.com (by 2.2%), CNOOC (by 1.8%), Longfor Group (by 1.7%), as well as Tencent and Ping An Insurance, which each gained 1.4% and 1.3%.

Baidu, Inc.'s stock price increased by 2.6% due to a decrease in net loss for the third quarter and an increase in revenue and profit.

The value of the securities of the biggest companies increased, which helped the Korean KOSPI rise. Shares of Samsung Electronics and Hyundai Motor both saw price increases of 0.5% and 0.3%, respectively.

The increase in stock prices for the banking sector's National Australia Bank (+0.8%), Commonwealth Bank of Australia (+0.0%), and Australia & New Zealand Banking Group (+0.3%) contributed to the increase in the Australian S&P/ASX 200.

BHP (0.9%) and Rio Tinto (0.1%) also rose in price. Energy sector companies' stock values increased as well: Woodside Energy shares increased by 1.1%, and Beach Energy shares increased by 2.6%.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $9000 lebih banyak!
    Pada Mei kami mengundi $9000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback