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Showing posts with the label Asia I Asia Markets Closing Report

Asia I Asia Markets Closing Report on Wednesday 15, 2019 I Stocks in Asia rise after earlier losses this week

Eustance Huang 4-5 minutes Shares in Asia were higher on Wednesday following an earlier slump this week as trade tensions between the U.S. and China escalated. Mainland Chinese shares advanced on the day, with the Shanghai composite adding 1.91% to 2,938.68 and the Shenzhen component rising 1.45% to 9,169.15. The Shenzhen composite also gained 2.325% to 1,577.92. In Hong Kong, the Hang Seng index added 0.73%. Japan’s Nikkei 225 rose 0.58% to close at 21,188.56, while the Topix index added 0.60% to finish its trading day at 1,544.15. Japanese automaker Nissan Motor saw its shares plummet 6.47% after the company posted 2018 fiscal earnings that were their lowest level in 11 years . In South Korea, the Kospi rose 0.53% to close at 2,092.78 as shares of LG Chem jumped 2.71%. Over in Australia, the ASX 200 gained 0.71% to finish its trading day at Down Under at 6,284.20. Asia-Pacific Market Indexes Chart Disappointing data Me

Asia I Asia Markets Closin Report I Asia stocks decline as US-China trade war heats up

Eustance Huang 4-5 minutes Shares in Asia were lower on Tuesday, a day after Beijing raised tariffs on some American goods in retaliation for Washington’s decision last week to increase duties on Chinese products. Mainland Chinese shares slipped on the day, with the Shanghai composite lower by 0.69% to about 2,883.61 and the Shenzhen component down 0.71% to 9,038.36. The Shenzhen composite declined 0.624% to approximately 1,542.07. Hong Kong’s Hang Seng index fell around 1.7%, as of its final hour of trading, with shares of Chinese tech giant Tencent dropping more than 2.5%. The Nikkei 225 in Japan fell 0.59% to close at 21,067.23, with shares of index heavyweight and conglomerate Softbank Group plunging 5.44%. The Topix index also slipped 0.4% to finish its trading day at 1,534.98. In South Korea, the Kospi bucked the overall trend as it rose 0.14% to close at 2,081.84 as shares of chipmaker SK Hynix jumped 1.5%. Australia’s AS