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

US Market News Digest for June 12: US stock market closes lower in light of US-China trade deal

US stock markets ended the session lower after the US and China had nailed down the highly anticipated trade deal. Despite the positive news backdrop, investors began to lock

Ekaterina Kiseleva 16:31 2025-06-12 UTC+2

Robinhood drops from the S&P 500 — domino effect hits global markets

Robinhood shares fell after the trading platform was excluded from the S&P 500. Warner Bros. stock declined following the company's announcement of plans to restructure its business. European stocks slid

14:54 2025-06-11 UTC+2

Daily contrasts: Nikkei rises, EUR slips, global markets hold breath ahead of US-China talks

J.M. Smucker declines. The World Bank cuts its 2025 global growth forecast. Nikkei advances, while Wall Street futures and the euro weaken. The dollar shows little movement, and bond markets

14:31 2025-06-11 UTC+2

US Market News Digest for June 11

The US stock market has reached projected levels and now enters a "quiet scouting phase" as investors await the release of key inflation figures. The upcoming data

Ekaterina Kiseleva 13:57 2025-06-11 UTC+2

Contrasts of the day: Nikkei up, euro down, world holds breath ahead of US-China talks

J.M. Smucker falls after pessimistic forecast World Bank cuts global growth forecast for 2025 Nikkei up, Wall Street futures and euro fall Dollar little changed, bonds await CPI and auction

Thomas Frank 07:48 2025-06-11 UTC+2

Rates rise: markets Await CPI, Trump clashes with Musk, Qualcomm acquires Alphawave

The May CPI report is set for release on Wednesday. A budget bill takes center stage amid a public disagreement between Trump and Musk. Alphawave surged following news

14:05 2025-06-10 UTC+2

US Market News Digest for June 10

The S&P 500 and Nasdaq 100 indices posted notable gains, driven by upbeat expectations ahead of the upcoming US-China trade negotiations. Investors are betting on a potential easing of tariffs

Ekaterina Kiseleva 12:52 2025-06-10 UTC+2

Robinhood Drops From S&P 500 — Domino Effect Hits Entire Market

Robinhood Falls After Platform Expelled From S&P 500 Warner Bros. Shares Fall After Company Says Plans to Split Business European Stocks Fall on UBS Drop, U.S.-China Trade Talks Loom McDonald's

Thomas Frank 12:49 2025-06-10 UTC+2

Rates rise as markets await CPI, Trump spar with Musk, Qualcomm acquires Alphawave

May CPI report due Wednesday Budget bill in spotlight amid Trump-Musk rift Alphawave jumps on Qualcomm takeover plans WPP falls after CEO resignation announcement S&P 500 just over 2% above

Thomas Frank 11:49 2025-06-09 UTC+2

Clash of the Titans: Musk vs. Trump as Investors Count Losses

Dow -0.25%, S&P 500 -0.53%, Nasdaq -0.83% Tesla Falls as Trump-Musk Public Feud Grows Initial Jobless Claims Rise for Second Week in a Row Adidas, Puma Shares Fall After Lululemon

Thomas Frank 11:45 2025-06-06 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.