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Asia-Pacific Stock Market Recap

by Myfxtools
August 18, 2023
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July 18, 2023

Stocks in the Asia-Pacific region saw a mixed performance on Tuesday, July 18.

Hong Kong Stocks

Hong Kong stocks experienced a decline, with the Hang Seng Index (HSI) down 2.1% at 19,015.72.

  • Techtronic Industries (669) was the top gainer, with shares rising by 2.3%.
  • BYD Co Ltd (1211) and Sunny Optical Technology (2382) also performed well, adding 0.9% each.
  • However, Longfor Group Holdings (960), Country Garden Svcs (6098), and Country Garden Holdings (2007) faced significant declines of 9.9%, 9.6%, and 8.0% respectively.

Japan’s Stock Market

In Japan, the Nikkei 225 Index rose by 0.3% to 32,493.89.

  • OKUMA Corp. (6103) led the gainers, with shares increasing by 3.4%.
  • JGC Holdings (1963) and Amada (6113) also experienced positive growth, rising by 3.4% and 2.8% respectively.
  • On the other hand, Rakuten Group (4755), Oriental Land (4661), and CyberAgent (4751) faced declines of 6.2%, 2.8%, and 2.5% respectively.

Other Markets in the Region

  • Shanghai Composite Index (SHCOMP) of Chinese companies declined by 0.4% to 3,197.82.
  • FTSE Straits Times Index (STI) of Singapore stocks dropped by 0.1% to 3,251.92.
  • KOSPI Composite Index (180721) of South Korean stocks dropped by 0.4% to 2,607.62.
  • S&P/ASX 200 Benchmark Index (XJO) of Australia dipped by 0.2% to 7,283.80.
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