empty
03.06.2021 10:09 AM
Asian stocks are rising today excluding Hong Kong

This image is no longer relevant

Among the leaders in the growth of quotations are shares of Casio Computer Co. (+ 4.9%), Mitsui Chemicals Inc. (+ 4.9%), chip manufacturer Advantest Corp. (+ 4.2%), brewery Kirin Holdings (+ 3.9%).

The shares of investment and technology SoftBank Group (T: 9984) (+ 1.2%), automobile Toyota Motor (+ 1.7%) and Nissan Motor (+ 1.6%), consumer electronics manufacturer Sony (+0, 3%).

Meanwhile, the market value of Asia's largest apparel retailer Fast Retailing (-4%) is declining.

China's Shanghai Composite Index rose 0.27% by 08:57 GMT + 2, while Hong Kong's Hang Seng lost 0.58%.

China's Purchasing Managers' Index (PMI) by Caixin Media Co. and Markit, in May fell to 55.1 points from 56.3 points a month earlier. Experts on average expected it to fall to 55.9 points.

A PMI reading above 50 points indicates an increase in activity in the sector, a reading below indicates a weakening. The index has surpassed this mark for 13 consecutive months.

The consolidated PMI fell to 53.8 points from 54.7 points in April. Analysts had forecast 54.3 points.

The most significant decline during trading on the Hong Kong Stock Exchange is shown by the quotations of securities of construction companies Hang Lung Properties Ltd. (-2.1%), CK Infrastructure Holdings Ltd. (-2%) and China Resources Land Ltd. (-1.8%), as well as China Mengniu Dairy Co., the largest dairy producer in the country. (-1.6%).

In addition, shares of the Internet giant Tencent Holdings (-1%), online retailer Alibaba Group Holding Ltd., are falling. (-one%).

South Korean Kospi index by 9:12 GMT + 2 increased by 0.88%. At the same time, the rise continues for the fifth session in a row.

The market value of one of the world's largest chip manufacturers, Samsung Electronics Co. jumped 2.6%, auto maker Hyundai Motor jumped 1.1%.

The Australian S & P / ASX 200 was up 0.59% by this time.

Capitalization of the world's largest mining companies BHP and Rio Tinto grew by 0.4% and 0.1%, respectively.

Retail sales in Australia in April increased for the second month in a row by 1.1% versus March.

The country's foreign trade surplus in April increased to its maximum since January - 8.03 billion Australian dollars. At the same time, exports grew by 3% and reached a record in the last thirteen months of $ 39.77 billion.

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

US Market News Digest for April 22

The S&P 500 and Nasdaq 100 continue to slide as mounting concerns over slowing economic growth and the impact of trade tariffs weigh on sentiment. The market remains volatile, with

Ekaterina Kiseleva 11:13 2025-04-22 UTC+2

Trump, Fed, and gold at $3,000? Markets respond to alarming signals

Investors are worried about the Fed's independence under Trump. US assets are falling, and the dollar is at a three-year low against the euro. Safe-haven currencies like

11:46 2025-04-21 UTC+2

US Market News Digest for April 21

The S&P 500 and Nasdaq slipped once again after Donald Trump lashed out at the Federal Reserve. His comments called the independence of the central bank into question, amplifying inflation

Ekaterina Kiseleva 11:41 2025-04-21 UTC+2

Trump, Fed, $3,000 Gold? Markets React to Red Flags

Investors Worried About Trump Fed Independence US Assets Fall, Dollar Hits Three-Year Low Against Euro Safe-Haven Yen, Swiss Franc Rise Gold Hits New Record High South Korea Stock Market

Thomas Frank 10:18 2025-04-21 UTC+2

US Market News Digest for April 18

Donald Trump ratcheted up his criticism against Federal Reserve Chairman Jerome Powell, once again calling for an immediate interest rate cut. This renewed political pressure adds to the tensions surrounding

Ekaterina Kiseleva 12:09 2025-04-18 UTC+2

When Giants Fall: How Alphabet and UnitedHealth Decisions Hurt the Market

Trading on U.S. stock markets ended in disarray on Thursday, with positive news from tech giants and pharma companies colliding with interest rate concerns. Market participants wavered between hopes

Thomas Frank 11:56 2025-04-18 UTC+2

Powell in danger? Can Trump fire Fed Chair and what does that mean for markets?

Donald Trump has once again set his sights on the Federal Reserve, accusing its chairman Jerome Powell of failing in monetary policy and threatening to fire him. But what lies

Аlena Ivannitskaya 08:43 2025-04-18 UTC+2

US Market News Digest for April 17

Jerome Powell's latest remarks triggered a sharp sell-off in US equities. Both the S&P 500 and the Nasdaq posted notable losses after the Fed chairman said that interest rates

Ekaterina Kiseleva 11:21 2025-04-17 UTC+2

When it all went wrong: Nvidia under pressure, stocks fall, Powell waits for clarity

Powell says economy slowing in Q1, may wait for more clarity European stocks slip ahead of ECB policy decision Nvidia warns of blame over US chip export restrictions to China

Thomas Frank 10:27 2025-04-17 UTC+2

US stock market in red zone: Dow Jones – 0.4%, Nasdaq – 0.1%. Upbeat corporate reports do not save Wall Street

The US stock market closed Tuesday with minor losses, as uncertainty over trade duties continued to weigh on investor sentiment. Consumer and healthcare stocks were particularly affected, though strong earnings

11:38 2025-04-16 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.