Most stocks in the Asia-Pacific region experienced increases on Tuesday, Feb. 6. However, there were also some declines observed in certain markets.

Hong Kong

Hong Kong stocks showed positive momentum, with the Hang Seng Index (HK:HSI) rising by 4.0% to reach 16,136.87. Among the constituents of the Hang Seng Index, real estate services/transactions company Longfor Group Holdings (HK:960) stood out with the largest increase, as shares jumped by 10.1%. Property managers firm Country Garden Svcs (HK:6098) and pharmaceuticals company Hansoh Pharmaceutical (HK:3692) also saw significant gains of 10.0% and 9.6% respectively. On the other hand, diversified holding companies company CK Infrastructure Hldgs (HK:1038) experienced a decline of 1.7% on Tuesday, marking the largest decrease in Hong Kong. Integrated oil/gas firm PetroChina (HK:857) and gambling industries company Galaxy Entertainment Grp (HK:27) also saw slight decreases of 0.3% and 0.1% respectively.

Japan

The Nikkei 225 Index (JP:NIK) in Japan weakened slightly by 0.5% to reach 36,160.66. However, there were still some notable increases among its constituents. Construction company Mitsubishi Heavy Inds (JP:7011) saw the largest increase, with shares rising by 6.4%. Likewise, passive components firm Nippon Electric Glass (JP:5214) and aquaculture company Nissui (JP:1332) experienced gains of 5.9% and 5.6% respectively. Unfortunately, environmental control systems company Omron (JP:6645) saw the largest decline on Tuesday, as shares plunged by 15.3%. Steel production firm Pacific Metals (JP:5541) and couriers/messengers company Yamato Holdings (JP:9064) also faced declines of 10.1% and 7.3% respectively.

Other Markets

The Shanghai Composite Index (CN:SHCOMP) in China witnessed a rise of 3.2% to reach 2,789.49, while Singapore's FTSE Straits Times Index (SG:STI) weakened slightly by 0.1% to reach 3,130.78. Similarly, South Korea's KOSPI Composite Index (KR:180721) experienced a decline of 0.6% to reach 2,576.20. Australia's S&P/ASX 200 Benchmark Index (AU:XJO) also dropped by 0.6% to reach 7,581.60.

The Impact of Bitcoin ETFs on Coinbase

Eli Lilly and Co. Beats Q4 Earnings Expectations

Leave A Reply

Your email address will not be published. Required fields are marked *

Related posts

Julius Baer to Sell Italian Asset and Wealth Management Business
News

Julius Baer to Sell Italian Asset and Wealth Management Business

Julius Baer is selling its Italian asset and wealth management business, Kairos, to Anima Holding in a deal valued at ap...

Mitsui Invests in RRG Nature Based Solutions
News

Mitsui Invests in RRG Nature Based Solutions

Mitsui & Co. invests in RRG Nature Based Solutions to advance regenerative agriculture and promote sustainable farming m...

Investor Concerns Over Slowing Demand and Weight Loss Drugs Cloud Coca-Cola's Solid Earnings Quarter
News

Investor Concerns Over Slowing Demand and Weight Loss Drugs Cloud Coca-Cola's Solid Earnings Quarter

Investor concerns over slowing demand and the impact of weight loss drugs on Coca-Cola's success overshadow its solid ea...

Southwestern Energy Announces Merger with Chesapeake Energy Corp.
News

Southwestern Energy Announces Merger with Chesapeake Energy Corp.

Southwestern Energy and Chesapeake Energy Corp. are merging to create a new energy powerhouse with a $7.4 billion deal.