Asian markets were mixed on Tuesday’s session as Hong Kong’s shares closed the in the red for the second session a row.September 11, 2018
Asian markets were mixed on Tuesday’s session as Hong Kong’s shares closed the in the red for the second session a row.
Over in China, the Shanghai Composite fell by 0.18 percent to close the session in the red at 2,664.79 pressured by the losses in Consumer Cyclicals, Financials, and Basic Materials sectors. Moreover, the smaller Shenzhen Composite added 0.172 percent or 2.42 points to end the session up at 1,409.34 boosted by the gains in Telecoms, Energy and Technology shares.
Moreover, Hong Kong’s main benchmark Hang Seng fell by 0.72 percent or 190.87 points to trade at 26,422.55 at the close. The index was pressured by the losses in Consumer Cyclicals, Technology and Healthcare sectors.
To continue with the Eastern market, in South Korea, the KOSPI index closed the session in the red as it declined by 5.46 percent to end the session at 2,283.20 pressured by losses in, Consumer Cyclicals, Technology, and Basic Material sectors.
Japanese Stock Market:
Japan’s equities were trading higher on today’s session as Nikkei225 added 1.30 percent to end the session higher at 22,664.69 boosted by the gains in Energy, Healthcare and Consumer Non-Cyclicals sectors.
In stocks news, Sumitomo Dainippon Pharma Co Ltd was the top performer in the market as its share surged by 5.80 percent to end up at 2,282.0 followed by Daiichi Sankyo Co Ltd that gained 4.30 percent to settle at 4,563.
On the flip side, JGC Corp and Taiyo Yuden Co Ltd were the worst performers in the market as they fell by 4.30 percent and 3.79 percent respectively.
The major exporters were higher on a weaker yen. Sony rose more than 1 percent, Panasonic advanced almost 1 percent, Canon is added 0.3 percent, and Mitsubishi Electric is edged up by nearly 0.1 percent.
In the Forex market, the Greenback rose against the Japanese Yen to trade at 111.38 USDJPY at 10:00 GMT.
Australian Stock Market:
The Australian’s main index S&P/ASX200 traded higher by 38.00 to close the session in the green at 6,179.70 due to the gains in Telecoms, Energy and Technology sectors.
Among shares, NEXTDC Ltd rose by 6.51 percent to end the session higher at 6.22 followed by Afterpay Touch Group Ltd that rose by 9.22 percent.
On the other hand, Inghams Group Ltd dropped significantly by 5.61 percent to end in the red at 4.21, while BlueScope Steel Ltd declined by 4.91 percent to settle down at the end of the session at 2.52.
In the currency market, the Aussie fell against the US Dollar to trade at 0.7104 AUDUSD at 10:00 GMT.