Asian equities closed Wednesday’s trading session in the red territory

Asian equities closed Wednesday’s trading session in the red territory

August 16, 2018 0 By Ali Hwary

Asian equities closed Wednesday’s trading session in the red territory except the South Korean and Australian shares as both ended the session on positive notes.

Chinese equities closed today’s session in the red where Shanghai Shenzhen and Shanghai Composite indices were pressured by the losses in all sectors.

Shanghai Composite index fell by 2.06 percent or 57.33 to end the session lower at 2,723.64 while Shanghai Shenzhen index declined by 2.38 percent or 80.38 to end the session down at 3,292.53.

On the other hand, South Korean shares closed the session in the green where Kospi advanced by 0.47 percent or 10.46 points to end the session higher at 2,258.91 boosted by the gains in Energy, Industrials and Healthcare shares.

Elsewhere in Hong Kong, the losses in Consumer Cyclicals, Technology and Healthcare sectors have weighed on Hong Kong’s shares where market’s main index fell by 1.55 percent or 429.34 points to settle lower at 27,323.59.

 

Japanese Stock Market:

Japan’s equities were trading lower today where Nikkei225 dropped by 0.68 percent or 151.86 points to end the session lower at 22,204.22 pressured by the losses in Basic Materials, Technology and Energy shares.

Kawasaki Kisen Kaisha Ltd was the biggest gainer on the benchmark as its share added 3.25 percent to settle up at 1,876 followed by Yamato Holdings Co Ltd after its stock tumbled by 2.23 percent.

On the other hand, Mitsui Mining and Smelting Co Ltd  was the biggest loser after its share declined by 5.75 percent while Furukawa Electric Co Ltd was the second biggest loser as its stock plunged by 5.45.

In the Forex market, the Greenback rose against the Japanese Yen to trade at 111.22 USDJPY at 12:00 GMT.

 

Australian Stock Market:

Meanwhile, S&P/ASX200 rose on Wednesday by 0.47 percent or 29.40 points to end the session higher at 6,329 boosted by the gains in Healthcare, Technology and Consumer Cyclicals.

Afterpay Touch Group Ltd was the top performer on the index as its share added 8.45 percent followed by Aveo Group as its stock advanced by 7.4 percent.

On the other hand, Pact Group Holdings Ltd was the worst performer after its stock declined by 21.91 percent followed by Insurance Australia Group Ltd  after its share plunged by 6.52 percent.

In the currency market, the Aussie fell against the US Dollar to trade at 0.72198 AUDUSD at 12:00 GMT.

 

 

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