Asia-Pacific Stocks Mostly Increase

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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

Chinese companies saw positive movement in the market as the Shanghai Composite Index gained 0.2%, reaching 3,288.08.

Singapore Stocks

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.

Notable Increases

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%.

Notable Decreases

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.

Japanese Market

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.

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