empty
20.02.2023 03:39 PM
Stocks in Asia show green figures

This image is no longer relevant

Most of the main Asian indicators are showing an upward trend. The exception was the Korean KOSPI, which fell by 0.01%. All other indices demonstrated growth. The Australian S&P/ASX 200 and Japanese Nikkei 225 indices gained 0.01% and 0.06%, respectively. Hong Kong Hang Seng Index and Shenzhen Composite increased by 0.82% and 0.48% respectively. The Shanghai Composite index soared by 1.61%.

This week, the minutes of the US Federal Reserve's meeting held this month will be released. Investors hope to find additional signs regarding the central regulator's further plans on the pace of interest rate increases.

Last year, the US Fed has raised interest rates seven times to combat rising inflation, as have many other regulators around the world. Despite all the measures taken, the rate of US consumer price growth is still far from the 2% target. In addition, the rapid pace of interest rate increases has raised fears among investors that an economic downturn may be around the corner.

The next meeting of the US Federal Reserve will be held next month. Most experts believe that the interest rate may again be increased by 0.25% to 4.75-5%.

In addition, investors also focused on the retention of the main rate in China on one-year loans at 3.65%, and on five-year loans - at the level of 4.3%. China's central regulator has not raised rates for six meetings in a row. Moreover, some analysts predict a possible reduction in rates in order to stimulate economic growth in the country.

The Shanghai indicator was boosted by Talkweb Information, which gained 10%, China Telecom, which increased by 9.2%, Sany Heavy Industry, which added 7.3%, and iFLYTEK and China United Network, rising by 6.8% and 6.5% respectively.

Lenovo Group's shares rose 4.2% thanks to the positive forecast showing an increase in sales of computers in the second half of this year despite a 32% reduction in net profits in the third fiscal quarter.

Despite the slight increase in Japan's Nikkei 225, the value of its constituent companies' securities mostly declined. Sony Group decreased by 2%, Tokyo Electron lost 1.7%, Kawasaki Kisen dropped by 1.2%, Recruit Holdings and SoftBank Group sank by 0.7% and 0.6% respectively. Nintendo and Keyence were down by 0.5% each.

The companies included in the Korean KOSPI also showed red numbers. Samsung Electronics fell by 0.5% and Hyundai Motor dropped by 0.6%.

The Australian S&P/ASX 200 was boosted by BHP Group, which gained 1%, as well as Commonwealth Bank, which added 0.5%. At the same time, the value of Pilbara Minerals decreased by 4.1% and Woodside Energy dropped by 0.7%.

Following A2 Milk's announcement of higher distribution costs for the current fiscal year, the value of the company's stocks fell by 6.3%.

Against the background of the announcement of BlueScope Steel about the reduction of net profit by 64% in the previous half of this fiscal year, its shares lost 12%.

Anastasia Kravtsova,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

Digest des actualités du marché américain pour le 12 juin : Le marché boursier américain clôture en baisse en raison de l'accord commercial entre les États-Unis et la Chine

Les marchés boursiers américains ont terminé la session en baisse après que les États-Unis et la Chine ont finalisé l'accord commercial tant attendu. Malgré ce contexte de nouvelles positives

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

Robinhood sort du S&P 500 — un effet domino frappe les marchés mondiaux

Les actions de Robinhood ont chuté après que la plateforme de trading a été exclue du S&P 500. L'action de Warner Bros. a diminué suite à l'annonce par la société

14:54 2025-06-11 UTC+2

Contrastes quotidiens : le Nikkei progresse, l'EUR recule, les marchés mondiaux retiennent leur souffle avant les pourparlers entre les États-Unis et la Chine

J.M. Smucker diminue. La Banque mondiale réduit ses prévisions de croissance mondiale pour 2025. Le Nikkei progresse, tandis que les contrats à terme de Wall Street et l'euro s'affaiblissent

14:31 2025-06-11 UTC+2

Résumé des actualités du marché américain pour le 11 juin

Le marché boursier américain a atteint les niveaux projetés et entre maintenant dans une "phase de reconnaissance tranquille" tandis que les investisseurs attendent la publication des principaux chiffres de l'inflation

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

Contrastes du jour : Nikkei en hausse, euro en baisse, le monde retient son souffle avant les pourparlers États-Unis-Chine

J.M. Smucker chute après de sombres prévisions La Banque mondiale réduit ses prévisions de croissance mondiale pour 2025 Nikkei en hausse, Wall Street à terme et euro en baisse Dollar

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

Digest des actualités du marché américain pour le 10 juin

Les indices S&P 500 et Nasdaq 100 ont affiché des gains notables, stimulés par des attentes optimistes avant les négociations commerciales à venir entre les États-Unis et la Chine

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

Robinhood quitte le S&P 500 — Effet domino sur l'ensemble du marché

Robinhood chute après l'exclusion de la plateforme du S&P 500 Les actions de Warner Bros. baissent après l'annonce de projets de scission de l'entreprise Les actions européennes chutent en raison

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

Les taux augmentent alors que les marchés attendent l'IPC, Trump s'échange des piques avec Musk, Qualcomm acquiert Alphawave

Publication du rapport sur l'IPC de mai prévue pour mercredi Le projet de loi budgétaire sous les feux des projecteurs en raison de la tension entre Trump et Musk Alphawave

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

Le Choc des Titans : Musk contre Trump alors que les Investisseurs Comptent leurs Pertes

Dow -0,25 %, S&P 500 -0,53 %, Nasdaq -0,83 % Tesla en baisse alors que le conflit public entre Trump et Musk s'intensifie Les demandes initiales de chômage augmentent pour

Thomas Frank 11:45 2025-06-06 UTC+2

Des marchés qui divergent : les actions américaines stagnent, l'Asie s'accélère

Dow : -0,22 % ; S&P 500 : stable ; Nasdaq : +0,32 %. Le secteur des services aux États-Unis s'est contracté en mai pour la première fois depuis presque

12:40 2025-06-05 UTC+2
Can't speak right now?
Ask your question in the chat.
 

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 InstaTrade anyway.

We are sorry for any inconvenience caused by this message.