Uncategorized

Asian markets show mixed results with declines in China

© Reuters.

  • Amid a mixed day in Asian markets, edged higher today, while indexes in China faced declines. The fell by 0.68%, closing at 3,040.97 points, and the Shenzhen Component Index decreased by 0.94%, ending the day at 9,839.52 points.

Trading volumes in China also saw a downturn from the previous session, with the Shanghai market’s turnover shrinking to around 813 billion yuan compared to 824 billion yuan previously. Additionally, the ChiNext Index, which tracks growth enterprises, declined by approximately 1.19% to finish at 1,937.79 points.

These market movements come amid varied regional performances, with Japan’s benchmark Nikkei index bucking the downward trend and notching a gain of 0.5%. In contrast, Hong Kong’s experienced a more significant drop of 2%.

Investors and market watchers are keeping a close eye on these fluctuations as they reflect broader economic trends and sentiment across Asia’s diverse economies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

Leave a Reply

Your email address will not be published.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

You May Also Like

News

Kymera Therapeutics, Inc. (NASDAQ:KYMR) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Justine Koenigsberg – VP, IRNello Mainolfi –...

News

This article was written by Follow Terry Chrisomalis is a private investor in the Biotech sector with years of experience utilizing his Applied Science...

News

This article was written by Follow ONeil Trader is a former stockbroker turned full-time independent investor. He focuses on finding growth and biotech stocks...

News

Delek US Holdings, Inc. (NYSE:DK) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Robert Wright – Deputy Chief Financial...

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version