empty
20.04.2022 04:06 PM
Most Asian indices rise slightly

This image is no longer relevant

Most of the major Asian indices are showing slight growth in today's trading. Thus, Hong Kong Hang Seng Index added 0.72%, the Japanese Nikkei 225 gained 0.94%, Australian S&P/ASX 200 gained 0.28%, and the Korean KOSPI gained only 0.11%. At the same time, the Chinese Shanghai Composite and Shenzhen Composite indices declined by 0.21% and 0.37% respectively.

Asia-Pacific region indices traditionally follow the US indicators' suit. Thus, the main US stock exchange indicators closed with growth yesterday on the background of favorable statistical data. Thus, the US housing construction rose by 0.3% in March. According to experts' forecasts, this indicator should have decreased rather than increased.

The second positive moment was good corporate reports of companies for Q1 2022. This gives investors hope that they will be able to cope with a rather difficult environment caused by rising inflation. Good reporting is a signal that companies can navigate in the current environment and still generate and multiply their profits.

The growth of the Nikkei 225 index is supported by the depreciation of the Japanese yen.

Among the Nikkei 225 companies, Sumitomo Osaka Cement Co. added 19%, as well as Subaru added 5.5%, Nissan Motor increased by 4.7%, Mitsubishi Motors jumped by 4.4%, and Mazda Motor added 3,7%, which are engaged in the automobile industry.

Sony, SoftBank Group, and Asia Fast Retailing showed slightly smaller increases in the value of their securities, adding 1.3%, 1.6%, and 2.3% respectively.

The negative impact on Chinese indicators was caused by the information that the Central Bank of China left unchanged the interest rate on loans at 3.7%. Before that, it had been lowered several times because of the economic situation by 5 points in December 2021 and by another 10 points in January of this year, but in recent months it has not changed.

Among the companies included in the Hang Seng Index, Li Ning Co. increased by 5.5%, Anta Sports Products, Ltd. added 3.1%, Geely gained 4.1%, and Sands China, Ltd. as well as Galaxy Entertainment Group, Ltd. added 4% each.

At the same time, the value of securities of several other companies declined. Country Garden Holdings Co. decreased by 6%, China Overseas Land & Investment, Ltd. dropped by 5.1%, CNOOC, Ltd. lost 2.8%, and PetroChina fell by 1.9%.

Korean companies did not show a significant increase in the value of securities. Shares of Hyundai Motor rose by 1.4%, while Samsung Electronics Co. fell by 0.3%.

The Australian indicator reached almost an all-time high level. Among its components, Ramsay Health Care added 24%, which was the highest increase. This was due to the proposal of the upcoming purchase of the company by investors led by KRR.

The value of the securities of Pro Medicus, Ltd. jumped by 6%, and Healius, Ltd. increased by 3.9%. Share prices of BHP fell by 1.3%, and Rio Tinto dropped by 2.3%.

Anastasia Kravtsova,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Anastasia Kravtsova
Start trade
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

Energy commodities under spotlight

A new wave of market volatility has swept across global trading floors, as investors worldwide closely monitor fluctuations in energy prices—particularly oil and natural gas—alongside fresh assessments from leading analytical

Natalia Andreeva 15:03 2025-08-13 UTC+2

US Market News Digest for August 13

US stock indices, including the S&P 500 and Nasdaq 100, posted strong gains following the release of inflation data, reinforcing expectations of a Federal Reserve interest rate cut in September

Ekaterina Kiseleva 12:46 2025-08-13 UTC+2

43,000 and beyond: Nikkei hits record, Wall Street gears up for new gains

The MSCI All Country World Index reached a record high. The Euro STOXX 600 Index rose by 0.5%. US inflation data came in below expectations, easing concerns over stagflation

12:10 2025-08-13 UTC+2

43,000 and Above: Nikkei Rewrites History as Wall Street Prepares for New Gains

MSCI All Country World Index Hits Record High Euro STOXX 600 Index Up 0.5% US Inflation Data Below Expectations, Easing Stagflation Fears Fed Rate Cut Expected, Boosting Wall Street, Asian

Thomas Frank 11:51 2025-08-13 UTC+2

US Market News Digest for August 12

On August 11, US stock indices ended the session with slight losses. Yet, investor optimism improved following Donald Trump's statements on resuming chip supplies to China and extending the trade

Ekaterina Kiseleva 13:17 2025-08-12 UTC+2

Markets in wait-and-see mode: inflation figures, leaders' meeting take center stage

Wall Street stocks ended the day in the red. Traders of dollars and bonds are awaiting the release of US consumer price data. Oil prices are trading flat ahead

11:10 2025-08-12 UTC+2

Markets on hold: What will inflation data and leaders' meeting decide?

Wall Street shares ended lower amid a volatile trading session. The dollar and bonds await the publication of data on the US consumer price index Oil prices are trading unchanged

Thomas Frank 11:07 2025-08-12 UTC+2

Bitcoin's roller coaster: defeat after victory and another attempt to grow. Grimaces of volatility and bullish forecast for S&P 500

The flagship cryptocurrency opened the day with an attempt to recover, seeking to offset its recent decline. Bitcoin has now joined the crypto race, competing with Ethereum, which is also

Larisa Kolesnikova 10:48 2025-08-12 UTC+2

Bitcoin's rally, 8 underestimated altcoins, and positive news from US crypto market

Rapid changes continue to sweep through the cryptocurrency market: Bitcoin is once again approaching its all-time highs, key altcoins are posting confident gains, and investors are exploring new profit opportunities

Natalia Andreeva 14:31 2025-08-11 UTC+2

US Market News Digest for August 11

The S&P 500 and Nasdaq indices rose by 0.78% and 0.97%, respectively. Investors are responding positively to prospects for a peaceful settlement of the conflict in Ukraine and a decline

Ekaterina Kiseleva 13:01 2025-08-11 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.