empty
26.05.2021 08:39 AM
Most Asian stock markets are trading in positive territory

This image is no longer relevant

On Thursday, investors await the publication of revised data on the change in US GDP in the first quarter of 2021. Economists are forecasting a strong economic recovery this year after the worst economic downturn since the Great Depression.

The Japanese Nikkei 225 Index climbed 0.38% by 8:36 GMT + 2.

The value of the index of leading economic indicators of Japan in March was revised to 102.5 points from 103.2 points. However, this is still the highest reading since March 2014. A month earlier, the indicator was at 98.9 points.

Among the leaders in the increase in quotations in trading in Tokyo are shares of the railway Keisei Electric Railway Co. Ltd. (+ 5.2%) and engineering IHI Corp. (+ 4.1%). The market value of the electronics manufacturer Panasonic Corp. increases by 3.2%, cosmetics manufacturer Shiseido Co. Ltd. - by 3.1%.

The leaders of the decline are the papers of the manufacturer of graphite electrodes Tokai Carbon Co. Ltd. (-4.6%). Nippon Steel Corp. and Kobe Steel Ltd. decreases by 3.1%.

China's Shanghai Composite Index rose 0.47% by 8:41 GMT + 2 and approached a three-month high, while Hong Kong's Hang Seng added 0.86%.

Haidilao International Holding Ltd., a restaurant chain, rose in price most significantly during trading on the Hong Kong Stock Exchange. (+ 5%) and casino operator Galaxy Entertainment Group Ltd. (+ 4.6%). The market value of semiconductor manufacturer AAC Technologies Holdings Inc. increases by 3%.

Industrial & Commercial Bank of China Ltd. add 0.8% to the price. Chinese regulators have allowed ICBC Wealth Management, a subsidiary of the bank, to establish a joint venture with Goldman Sachs Asset Management in China.

The value of shares of oil PetroChina Co. Ltd. and CNOOC Ltd. decreases by 1.4% and 1.3%, respectively.

South Korean Kospi index added 0.03% to 08:54 GMT + 2.

Capitalization of one of the world's largest chip manufacturers Samsung (KS: 005930) Electronics Co. increased by 0.3%. Carmaker Hyundai Motor Co. lose 1.5% in price, Kia Corp. - 0.6%.

Meanwhile, the Australian indicator S & P / ASX 200 dropped by 0.13% by 8:59 Moscow time.

Investors are worried about reports of a spike in new cases of coronavirus infection in Victoria and its capital, Melbourne.

Technological Afterpay and Xero share prices are growing by 1.2% and 1%, respectively.

Shares of mining companies fall in price on Wednesday: BHP Group (-1.6%), Mineral Resources (-0.3%), Rio Tinto (LON: RIO) (-1.5%), OZ Minerals (-4.2%) ).

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

$10 billion: cost of mistake. J&J again under spotlight

Balance sheet indicators are in turmoil. Airline stocks are falling. J&J is also sliding. Big gains for recent IPO names CoreWeave and Newsmax. Indices: Dow down 0.03%, S&P

14:26 2025-04-02 UTC+2

US Market News Digest for April 02

Johnson & Johnson faced a serious setback when a judge rejected a $10 billion settlement over talc claims, causing the company's stock to plummet by 7.6%. Market participants have

Natalia Andreeva 12:44 2025-04-02 UTC+2

$10 Billion: The Price of Mistakes? J&J Back in Legal Storm

Balance Sheets Survive Day Ahead of Trump Tariff Event Airlines Slip After Jefferies Downgrades Forward J&J Slips After Judge Rejects $10 Billion Baby Powder Settlement Big Gains for Recent

Thomas Frank 08:02 2025-04-02 UTC+2

Q1 2025: Markets witness biggest rate drop since 2022

S&P, Nasdaq post worst month since December 2022 Biggest quarterly interest rate drop: S&P since Q3 2022, Nasdaq Q2 2022 Trump tariff uncertainty weighs on markets in Q1 Trump

Thomas Frank 12:03 2025-04-01 UTC+2

US Market News Digest for April 1

US stock indices closed the trading session with mixed results: the S&P 500 rose by 0.55%, while the Nasdaq 100 lost 0.14%. The reason for this uncertainty is the potential

Ekaterina Kiseleva 11:37 2025-04-01 UTC+2

Gold shines in crisis: best quarter since 1986 amid global turmoil

The Nikkei drops 4% and Nasdaq futures fall 1.4%. Trump signals US tariffs will target all countries. Gold posts its best quarter since 1986, while the dollar heads

12:51 2025-03-31 UTC+2

US Market News Digest for March 31

The US market kicked off the week with a broad-based sell-off, driven by rising talk of retaliatory trade tariffs and deteriorating consumer confidence. Investors are bailing out of stocks

Irina Maksimova 12:16 2025-03-31 UTC+2

Gold: The New Crisis King? Best Quarter Since 1986 Amid Global Turmoil

Nikkei Falls 4%, Nasdaq Futures Fall 1.4% Trump Says U.S. Tariffs Will Apply to Every Country Gold Has Best Quarter Since 1986 Dollar Heading for Worst First Quarter Since Global

Thomas Frank 09:35 2025-03-31 UTC+2

Trump pulls strings — stock market sinks in response

Auto stocks tumble after Trump's tariff strike. Advanced Micro Devices slips. Jobless claims rise to 224,000. Dollar strengthens against Canadian dollar, Mexican peso. S&P 500 -0.33%, Nasdaq -0.53%, Dow -0.37%

11:46 2025-03-28 UTC+2

US Market News Digest for March 28

The White House imposed 25% tariffs on automobiles and parts, triggering a sell-off in the auto manufacturing sector and broad declines in major stock indices. The Dow Jones, S&P

Irina Maksimova 11:24 2025-03-28 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.