🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Asia-Pacific stocks rise, Hong Kong's Hang Seng Index falls

Published 24/10/2023, 09:36 pm
© Reuters.
AXJO
-
JP225
-
HSCE
-
STI
-
SSEC
-
9107
-
1378
-
3692
-
13X
-
86618
-

Today, the majority of Asia-Pacific stock markets experienced an uptick, with the exception of Hong Kong's Hang Seng Index which fell by 1.1% to 16,991.53. On the other hand, Japan's Nikkei 225 Index saw a modest rise of 0.2%, reaching 31,062.35.

In line with this upward trend, the Shanghai Composite Index and Singapore's FTSE Straits Times Index posted gains of 0.8% and 1.1% respectively. This mirrored the performance in South Korea's KOSPI Composite Index and Australia's S&P/ASX 200.

Among the significant gainers were Hansoh Pharmaceutical, which surged by an impressive 12.1%, along with China Hongqiao Group, CSPC Pharmaceutical Group, Hoya Corp, Shiseido, and Mitsui Mining & Smelting.

Despite the overall positive performance, several companies experienced notable losses. Xinyi Solar Holdings fell by 4.7%, Longfor Group Holdings by 4.0%, and Nidec plunged by a substantial 10.5%. Other companies that faced losses included JD (NASDAQ:JD) Health International, Kawasaki Kisen Kaisha, and Chugai Pharmaceutical.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.