empty
25.08.2022 05:04 PM
Stock Asia is now seeing mostly an increase of up to 1.5%

This image is no longer relevant

Stock Asia is now seeing mostly an increase of up to 1.5%. Only the Shenzhen Composite index, which lost 0.39%, is declining. All other indicators show an increase: the Shanghai Composite index – by 0.41%, the Australian S&P/ASX 200 index – by 0.64%. The Japanese Nikkei 225 index rose by almost the same amount - by 0.63%. The Korean KOSPI grew more than others – by 1.01%. Trading on the Hong Kong stock exchange began later than usual due to a natural disaster, but the Hang Seng Index has already gained 1.5%.

Although bidders are still waiting for any information from the head of the US Federal Reserve at his next speech, experts believe that he will not give any clear signals.

Among the components of the Hang Seng Index, the increase in the price of securities was demonstrated by China Mengniu Dairy Co., Ltd. (+5.3%), JD.com, Inc. (+5.1%), Alibaba Group Holding, Ltd. (+4.4%), and Meituan (+3.8%).

Share price of China Resources Pharmaceutical Group, Ltd. grew by 2% due to a 24% increase in net profit in January-June 2022. This was facilitated by the growth in revenues of the company's drug manufacturing department.

Share price of China Tourism Group Duty Free, Corp. fell by 24% during its first trading on the exchange.

The attention of bidders was also attracted by the decision of the Korean Central Bank to raise the interest rate by 25 points, to 2.5%. This is the fourth increase in a row. However, investors were ready for such a decision. It is worth recalling that during the previous meeting in South Korea, the rate was increased by 50 points. Also, the central regulator worsened the forecast for the country's GDP growth for 2022 to 2.6% from the May forecast of 2.7%. Expectations regarding inflation growth also changed for the worse: from 4.5% to 5.2%.

Share price of Samsung Electronics, Co. increased by 1%, while Hyundai Motor, Co. – by 1.9%.

The Central Bank of Japan announced the continuation of the easing of monetary policy. The bank's management is convinced that the growth of inflation against the backdrop of rising energy costs will not become sustainable.

Among the components of Japan's Nikkei 225 index, the growth in share price was demonstrated by Unitika, Ltd. (+5.9%), Japan Steel Works, Ltd. (+5.5%), and Daiichi Sankyo, Co., Ltd. (+ 4.7%).

Among Australian companies, Paladin Energy, Ltd. has seen a rise in share prices by 11.5%, thanks to information that Japan plans to build a nuclear power plant, for which the country will need uranium.

Securities price of EML Payments, Ltd. increased by 2.5% after the announcement of the launch of a securities buyback program for a total of 20 million Australian dollars (equivalent to 13.8 million US dollars).

Anastasia Kravtsova,
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 26

Trump pushes S&P 500 toward record highs Donald Trump is fueling gains in the S&P 500, driving the index toward all-time highs amid political stability and market optimism. However, analysts

Ekaterina Kiseleva 13:07 2025-06-26 UTC+2

Markets are shaky: some are falling, others are flying — what's happening with Tesla, FedEx and Micron stocks

Tesla falls as European sales continue to slump FedEx, General Mills shares fall after disappointing profit forecasts Micron Technology jumps in extended trading after quarterly results Indices: Dow down 0.25%

Thomas Frank 09:38 2025-06-26 UTC+2

Markets Delighted by Fed Inaction: Nasdaq 100 at All-Time High

Indices Rise: Dow 1.19%, S&P 500 1.11%, Nasdaq 1.43% Nasdaq 100 Hits Record Closing High Fed Chair Powell Reiterates 'Wait and See' Approach to Rate Cuts, Tariffs Broadcom Hits Record

Thomas Frank 15:16 2025-06-25 UTC+2

US Market News Digest for June 25

AI enthusiasm fuels market gains US stocks continue their steady climb despite persistent geopolitical risks and trade tensions. The Nasdaq 100 hit a new record high amid strong demand

Ekaterina Kiseleva 12:38 2025-06-25 UTC+2

Iran-Israel peace hint rattles markets: What's happening to oil, gold and currencies

Crude oil prices slip, retreating from multi-month highs after Iran retaliates Wall Street stocks close higher, European shares fall Dollar rises against yen, falls against franc; euro recovers European stocks

Thomas Frank 14:00 2025-06-24 UTC+2

US Market News Digest for June 24

The S&P 500 and other benchmark indices have kicked off the new trading week with positive momentum, supported by technical indicators. The uptick follows a strong signal from the Marlin

Ekaterina Kiseleva 12:59 2025-06-24 UTC+2

Iran attacks exacerbate oil crisis: S&P 500 freezes ahead of key US data

US attacks on Iran raise concerns about oil, retaliation S&P 500 near February highs but showing signs of stagnation Rising oil prices raise concerns about inflation, Fed policy Investors look

Thomas Frank 12:44 2025-06-23 UTC+2

US Market News Digest for June 23

Geopolitical tensions weigh on markets Investors remain cautious amid escalating Middle East tensions, awaiting potential Iranian retaliation. While market reactions have been muted so far, further conflict escalation could trigger

Ekaterina Kiseleva 12:31 2025-06-23 UTC+2

Supply risks fuel oil, Asia gains, dollar stays afloat

Asian stock markets rise on Friday Oil hovers near 4-1/2-month peak on supply shock risks Dollar resilient on safe-haven demand despite mixed signals from Fed Swiss franc steady after

Thomas Frank 10:55 2025-06-20 UTC+2

Investors confused: data weak, policy hawkish, hopes pinned on bonds

Treasury yields pared earlier losses after Fed Chair Powell's remarks. Middle East tensions linger as Iranian leader rebuffs Trump's surrender demands. Swiss National Bank cuts rates to zero. Stora Enso

14:05 2025-06-19 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.