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Showing posts with the label Asia-Pacific at Close Repor.

Asia-Pacific Markets at Close Report: Nikkei Jumps 225 %; JD Logistics Stops Gains After Blockbuster Debut in Hong Kong.

  cnbc.com Japan's Nikkei 225 jumps 2%; JD Logistics pares gains after blockbuster debut in Hong Kong Eustance Huang 2-3 minutes SINGAPORE — Stocks in Asia-Pacific mostly rose in Friday trade, as investors reacted to the market debut of JD Logistics in Hong Kong. Shares of JD Logistics opened at 46.05 Hong Kong dollars before surging to more than 18% from their issue price at one point .Much of those gains were later pared, however, with the stock ending the trading day 3.32% above its issue price. Shares of Chinese e-commerce giant JD.com slipped 0.7%. The broader Hang Seng index in Hong Kong closed fractionally higher at 29,124.41. In Japan, the Nikkei 225 jumped 2.1% to close at 29,149.41 while the Topix index advanced 1.91% to 1,947.44. South Korea's Kospi edged 0.73% higher to end the trading day at 3,188.73. Mainland Chinese markets lagged as they closed lower, with the Shanghai composite declining 0