Asia-Pacific stocks rise, Hong Kong's Hang Seng Index falls

  • Stock Market News
Asia-Pacific stocks rise, Hong Kong's Hang Seng Index falls
Credit: © Reuters.

Today, the majority of Asia-Pacific stock markets experienced an uptick, with the exception of Hong Kong's Hang Seng Index which fell by 1.1% to 16,991.53. On the other hand, Japan's Nikkei 225 Index saw a modest rise of 0.2%, reaching 31,062.35.

In line with this upward trend, the Shanghai Composite Index and Singapore's FTSE Straits Times Index posted gains of 0.8% and 1.1% respectively. This mirrored the performance in South Korea's KOSPI Composite Index and Australia's S&P/ASX 200 .

Among the significant gainers were Hansoh Pharmaceutical, which surged by an impressive 12.1%, along with China Hongqiao Group, CSPC Pharmaceutical Group, Hoya Corp, Shiseido, and Mitsui Mining & Smelting.

Despite the overall positive performance, several companies experienced notable losses. Xinyi Solar Holdings fell by 4.7%, Longfor Group Holdings by 4.0%, and Nidec plunged by a substantial 10.5%. Other companies that faced losses included JD (NASDAQ: JD ) Health International, Kawasaki Kisen Kaisha, and Chugai Pharmaceutical.

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