empty
28.11.2022 04:06 PM
Asia's stock market is once again in a negative mood.

This image is no longer relevant

Most of the major Asian indicators point to a decline of 2.4%. The S&P/ASX 200 in Australia and the Nikkei 225 in Japan experienced smaller losses than the rest: 0.42% and 0.56%, respectively. Shanghai Composite and Shenzhen Composite in China both experienced 0.92 and 1.4% declines, respectively. The South Korean KOSPI showed a decline of 1.18 percent, which is about equal to that. The largest decline, 2.4%, was experienced by Hong Kong's Hang Seng Index.

The persistent rise in coronavirus cases in the nation was the main factor contributing to the unfavorable investor sentiment. Almost daily, new records are set in various categories. As a result, nearly 40.000 new cases of infection were reported each day on Saturday.

The Chinese government adopted the "zero tolerance" policy almost immediately after the pandemic began, which means they followed the strictest guidelines to stop COVID-19 from spreading throughout the nation. Restrictive and quarantine measures were implemented in China during each new outbreak. Last week, restrictions in some major cities were again tightened, and daily resident testing was implemented.

With the number of restrictions rising, protests and rallies against these policies were held simultaneously in several cities, with the participation of several hundred people. To disperse the protests, the police used gas canisters.

China's central bank regulator declared at the end of last week that banks' reserve rates would be decreased starting on December 5 by 0.25 points. This choice should increase bank liquidity and release about 500 billion yuan from the nation's financial system.

For the biggest banks, the reserve requirement rate will be lowered to 11%. For the previous 15 years, this has been the bare minimum. It will be at a level of 7.8% on average for the sector. The NBK is taking these steps to support the national economy and preserve the required level of liquidity.

Shares of Country Garden Holdings dropped in value by 5.8% on the Hong Kong stock exchange, followed by Longfor Group Holdings and Pung An Insurance, losing 5% each. JD.com fell 4.7%, China Merchants Bank fell 4.3%, and Hang Seng Bank and China Life Insurance fell 4% and 3.9%, respectively.

Other businesses' securities are also increasing simultaneously: China Resources Beer (Holdings) Co., Budweiser Brewing Co., APAC, and Haidilao International Holding, Ltd., gained 4.6%, 2.1%, and 1.5%, respectively.

The Japanese Nikkei 225's constituents with the largest value declines were CyberAgent, Inc., which dropped 7.6%, and Nippon Steel, Corp., which dropped 3.5%. JFE Holdings and Sumitomo Metal Mining Co. were each down 2.8%.

Toyota Motor shares, which fell by 0.9%, Nintendo shares, which fell by 0.8%, and SoftBank Group shares, which fell by 0.6%, all showed a slightly smaller decline in quotes.

The dynamics of the Korean KOSPI's components vary widely: shares of Samsung Electronics fell 1.6% in value while those of Hyundai Motor rose 1.5%.

According to preliminary data, retail sales in Australia last month fell by 0.2% from their level in September. Such data deviated from experts' projections, who thought this indicator would rise by 0.5%. The index began declining for the first time in the previous year.

The largest companies' stock prices have decreased among the Australian S&P/ASX 200's constituents: Rio Tinto shares and BHP shares both fell by 1.4% and 0.7%, respectively.

Anastasia Kravtsova,
Experto analítico de InstaForex
© 2007-2025
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Israel, Irán y el barril del miedo: el petróleo vuelve a subir

Durante la sesión asiática del miércoles por la mañana, el petróleo subió repentinamente un 1,5% gracias a las noticias procedentes de Oriente Medio. Las sospechas de un posible ataque

Natalia Andreeva 11:03 2025-05-21 UTC+2

El Bitcoin no teme los problemas de calificación crediticia de EE. UU. y sigue apuntando al alza. Los índices S&P 500 y Nasdaq100 también

La primera criptomoneda intenta mantener un nivel alto, aunque no siempre lo consigue. No obstante, el Bitcoin casi se ha consolidado en una posición de liderazgo, a pesar

Larisa Kolesnikova 11:03 2025-05-21 UTC+2

El dólar sin futuro: la venta masiva apenas comienza

Hasta hace poco, el dólar parecía intocable: el ancla mundial, el refugio monetario, la última palabra en confianza global. Pero hoy cada vez se escucha más otra retórica: sobrevaloración, agotamiento

Аlena Ivannitskaya 08:22 2025-05-20 UTC+2

Bitcoin: qué esperar esta semana. ¿Se mantendrá el récord con la subida hasta los $107 000?

A la primera criptomoneda le toca mantener sus posiciones, aunque a veces le resulta difícil. En este momento, el BTC ha salido adelante, por lo que la tarea de conservar

Larisa Kolesnikova 14:34 2025-05-19 UTC+2

El consumidor estadounidense pierde impulso: lo que dicen Target y Lowe's

En la próxima semana, Wall Street centrará su atención en los informes de las principales cadenas minoristas de EE. UU., que ayudarán a evaluar cómo afectan a la economía

12:39 2025-05-19 UTC+2

STOXX 600 alcanza nuevas cimas: ¿hacia dónde se dirige el crecimiento y qué les espera a los inversores?

Cisco sube tras la mejora de previsiones para el ejercicio fiscal UnitedHealth cae por un informe que menciona una investigación penal El índice europeo STOXX 600 apunta a su quinta

12:47 2025-05-16 UTC+2

Trump contra el dólar: por qué a la Casa Blanca le conviene una moneda débil

Algo extraño le está ocurriendo al dólar: se debilita, pero nadie lo reconoce oficialmente como una debilidad. El Departamento del Tesoro repite su mantra sobre una "moneda fuerte", Trump guarda

Аlena Ivannitskaya 13:23 2025-05-15 UTC+2

El Bitcoin y altcoins al alza, gracias a los datos de inflación y la tregua temporal entre EE. UU. y China

El miércoles 14 de mayo de 2025, el mercado de criptomonedas respiró aliviado tras la publicación de unos datos de inflación más moderados en EE. UU. de lo que esperaban

Natalia Andreeva 13:33 2025-05-14 UTC+2

NRG Energy despega tras un acuerdo de $12 mil millones — ¿nuevos actores en el sector energético?

Índices al alza: Dow +2,81%, S&P 500 +3,26%, Nasdaq +4,35%, Las acciones superan a los activos refugio por distensión comercial Apple sube ante posibles aumentos de precios en iPhone Índice

12:10 2025-05-13 UTC+2

El Bitcoin en picado: primero conquista la cima, luego retrocede. Beneficio del acuerdo entre China y EE.UU.

El lunes 12 de mayo, el precio del Bitcoin superó los $104 000, alcanzando un pico de $105 000. Sin embargo, posteriormente la primera criptomoneda experimentó una caída. Además

Larisa Kolesnikova 11:09 2025-05-13 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.