On Friday, August 4th, the majority of Asia-Pacific stocks saw gains.
Hong Kong’s Hang Seng Index (HSI)
Hong Kong’s Hang Seng Index (HSI) increased by 0.6% to reach 19,539.46.
Japan’s Nikkei 225 Index (NIK)
Japan’s Nikkei 225 Index (NIK) also experienced a slight increase of 0.1%, reaching 32,192.75.
Chinese companies saw positive movement in the market as the Shanghai Composite Index gained 0.2%, reaching 3,288.08.
However, the FTSE Straits Times Index (STI) of Singapore stocks weakened by 0.3% to reach 3,292.68.
South Korea and Australia
South Korea’s KOSPI Composite Index declined by 0.1%, reaching 2,602.80, while the S&P/ASX 200 Benchmark Index of Australian stocks increased by 0.2% to reach 7,325.30.
Among the Hang Seng Index constituents, China Rscs Beer Holdings (291) saw the largest increase of 4.0%.
Shenzhou Intl Group (2313) and Alibaba Hlth Info Tech (241), which are involved in clothing and pharmaceuticals respectively, saw increases of 3.4% and 3.2%.
In Hong Kong, Wharf Real Estate Invt (1997), a commercial/industrial real estate company, experienced the largest drop, with shares weakening by 4.6%.
CK Hutchison Holdings (1) and Sun Hung Kai Properties (16) saw declines of 4.6% and 2.7% respectively.
Within the Nikkei 225 Index constituents, Z Holdings (4689), a leading online service provider, saw the largest increase with a jump of 12.1%.
Mitsubishi Heavy Inds (7011), a construction firm, and Casio Computer (6952), a computers/consumer electronics company, saw increases of 8.2% and 6.5% respectively.
Declines in Japan
However, Furukawa Electric (5801), a wires/cables company, experienced the largest decline with shares falling by 7.9%.
Shares of Mitsui Chemicals (4183), a petrochemicals firm, and Kikkoman (2801), a condiments/sauces company, dropped by 4.9% and 4.5% respectively.