empty
03.06.2021 10:09 AM
Asian stocks are rising today excluding Hong Kong

This image is no longer relevant

Among the leaders in the growth of quotations are shares of Casio Computer Co. (+ 4.9%), Mitsui Chemicals Inc. (+ 4.9%), chip manufacturer Advantest Corp. (+ 4.2%), brewery Kirin Holdings (+ 3.9%).

The shares of investment and technology SoftBank Group (T: 9984) (+ 1.2%), automobile Toyota Motor (+ 1.7%) and Nissan Motor (+ 1.6%), consumer electronics manufacturer Sony (+0, 3%).

Meanwhile, the market value of Asia's largest apparel retailer Fast Retailing (-4%) is declining.

China's Shanghai Composite Index rose 0.27% by 08:57 GMT + 2, while Hong Kong's Hang Seng lost 0.58%.

China's Purchasing Managers' Index (PMI) by Caixin Media Co. and Markit, in May fell to 55.1 points from 56.3 points a month earlier. Experts on average expected it to fall to 55.9 points.

A PMI reading above 50 points indicates an increase in activity in the sector, a reading below indicates a weakening. The index has surpassed this mark for 13 consecutive months.

The consolidated PMI fell to 53.8 points from 54.7 points in April. Analysts had forecast 54.3 points.

The most significant decline during trading on the Hong Kong Stock Exchange is shown by the quotations of securities of construction companies Hang Lung Properties Ltd. (-2.1%), CK Infrastructure Holdings Ltd. (-2%) and China Resources Land Ltd. (-1.8%), as well as China Mengniu Dairy Co., the largest dairy producer in the country. (-1.6%).

In addition, shares of the Internet giant Tencent Holdings (-1%), online retailer Alibaba Group Holding Ltd., are falling. (-one%).

South Korean Kospi index by 9:12 GMT + 2 increased by 0.88%. At the same time, the rise continues for the fifth session in a row.

The market value of one of the world's largest chip manufacturers, Samsung Electronics Co. jumped 2.6%, auto maker Hyundai Motor jumped 1.1%.

The Australian S & P / ASX 200 was up 0.59% by this time.

Capitalization of the world's largest mining companies BHP and Rio Tinto grew by 0.4% and 0.1%, respectively.

Retail sales in Australia in April increased for the second month in a row by 1.1% versus March.

The country's foreign trade surplus in April increased to its maximum since January - 8.03 billion Australian dollars. At the same time, exports grew by 3% and reached a record in the last thirteen months of $ 39.77 billion.

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.