Stock Market Update: Asia-Pacific Region

In the Asia-Pacific region, stock markets witnessed mostly positive movements on Thursday, January 4th. However, both the Hong Kong and Japanese markets experienced declines for the third consecutive day.

Hong Kong

• Hang Seng Index (HSI) remained flat at 16,645.98.
• Haidilao Intl Hldg (6862) - a full-service restaurants company, observed the largest drop in Hong Kong with shares weakening by 3.9%.

Japan

• Nikkei 225 Index (NIK) of Japanese companies declined by 0.5% to reach 33,288.29.
• Lasertec (6920), a measuring/precision instruments company, witnessed the largest decrease with shares weakening by 5.2%.
• Tokyo Electron (8035), a semiconductor firm, and Nitori Holdings (9843), a furniture/home furnishings retailing company, experienced declines of 4.9% and 3.9% respectively.
• Nippon Yusen (9101), a marine transport company, saw the largest increase as shares added 8.2%.

China

• Shanghai Composite Index (SHCOMP) weakened by 0.4% to reach 2,954.35.
• China Resources Land (1109), a real estate services/transactions company, observed an increase of 2.9%.
• CSPC Pharmaceutical Group (1093), a pharmaceuticals firm, saw shares rise by 3.1%.

Singapore

• The FTSE Straits Times Index (STI) of Singapore stocks declined by 0.9% to reach 3,171.65.

South Korea

• KOSPI Composite Index (180721) of South Korean stocks fell by 0.8% to reach 2,587.02.

Australia

• S&P/ASX 200 Benchmark Index (XJO) weakened by 0.4% to reach 7,494.10.