Asian Stock Market: Japan, Hong Kong, South Korea, Taiwan, and Australia

Asian Stock Market: Japan, Hong Kong, South Korea, Taiwan, and Australia

Key Points:

  • Japan Exchange Group’s TOPIX and JPX-Nikkei 400 experienced positive momentum.
  • Hang Seng Index in Hong Kong displayed resilience, led by significant turnover in TENCENT and other top-performing stocks.
  • Taiwan Stock Exchange reflected a substantial surge in the FTSE TWSE Taiwan 50 Index.
  • Australian Securities Exchange featured both gainers and decliners, emphasizing diverse market movements.

The financial landscape across Asia-Pacific markets experienced dynamic shifts. Each market demonstrates unique trends and fluctuations from Japan’s Exchange Group to the Stock Exchange of Hong Kong and from the Korean Exchange to the Australian Securities Exchange.

In the recent trading session on the Japan Exchange Group, the Cash Equity Market witnessed varied movements across major indices. The TOPIX index closed at 2,591.85, marking an increase of 7.26 points. Similarly, the JPX Prime 150 Index and the JPX-Nikkei 400 Index showed gains, closing at 1,155.39 (+3.36) and 23,462.21 (+129.70) points respectively. However, the REIT Index experienced a slight decline, closing at 1,727.20 (-16.33). In the Derivatives Market, futures contracts for indices like Nikkei 225 and TOPIX showed positive movements, while commodity futures, such as Gold Standard and Platts Dubai Crude Oil, experienced mixed results.

The Hong Kong Stock Exchange witnessed a mixed trading session across various indices at 15:27 HKT. The Hang Seng Index closed at 15,980.56, reflecting a modest gain of 101.18 points or 0.64%. Similarly, the Hang Seng TECH Index rose 1.23%, closing at 3,237.27. The HSCEI also saw an uptick, closing at 5,421.67, up by 35.36 points or 0.66%. However, the MSCI China A 50 Connect Index remained unchanged at 1,790.10, while the CSI 300 Index gained 21.30 points or 0.64%, closing at 3,364.93. In the currency market, the USD/CNH Spot increased marginally by 0.05% to 7.2255, while the USD/INR Spot decreased by 0.04% to 83.0025.

The Korea Exchange witnessed a mixed trading session, with the KTOP 30 index closing at 8,671.06, reflecting a modest gain of 0.29%. However, the KOSPI index saw a slight decline of 0.25%, closing at 2,613.8, while the KOSPI 200 index dropped by 0.42% to 351.21. In contrast, the KOSDAQ index performed well, rising by 0.83% to 1,351.81. Meanwhile, on the Taiwan Stock Exchange, the TAIEX surged significantly by 4.37%, closing at 14,316.48, while the FTSE TWSE Taiwan 50 Index gained 3.64%, closing at 10,588.45. Overall, the day saw varied movements in the indices, indicating positive and negative sentiments among investors.

On the Australian Securities Exchange, notable gainers included Altium Limited (ALU), soaring by 28.755% to $66.000, followed by Sayona Mining Limited (SYA), rising by 13.333% to $0.051, and Goodman Group (GMG), gaining 7.030% to $28.470. However, some stocks declined, with Data#3 Limited (DTL) plummeting by 13.088% to $8.500 and Pro Medicus Limited (PME) dropping by 13.036% to $94.000.

The Asian-Pacific markets experienced a day of mixed trading activity, with each market exhibiting unique trends and fluctuations. Investors witnessed a blend of positive and negative sentiments from Japan’s Exchange Group to the Stock Exchange of Hong Kong and from the Korean Exchange to the Australian Securities Exchange.

EDITORIAL TEAM
EDITORIAL TEAM
TechGolly editorial team led by Al Mahmud Al Mamun. He worked as an Editor-in-Chief at a world-leading professional research Magazine. Rasel Hossain and Enamul Kabir are supporting as Managing Editor. Our team is intercorporate with technologists, researchers, and technology writers. We have substantial knowledge and background in Information Technology (IT), Artificial Intelligence (AI), and Embedded Technology.

Read More

We are highly passionate and dedicated to delivering our readers the latest information and insights into technology innovation and trends. Our mission is to help understand industry professionals and enthusiasts about the complexities of technology and the latest advancements.

Follow Us

Advertise Here...

Build brand awareness across our network!