China’s and Hong Kong stocks grow, while Japanese stocks drop

China’s and Hong Kong stocks dropped in the middle of the week. Main indexes of all the three major stock exchanges grew in almost 1% due to positive expectations of economic progress in the region. On the contrary, Tokyo Stock Exchange experienced a drop.

China’s and Hong Kong stocks grow, while Japanese stocks drop

China’s and Hong Kong trading is affected by positive mood on the world’s second largest economy. Shanghai Stock Exchange grew in 0.7%, when positive data from the industry were published. Main Shenzhen Stock Exchange even grew in double. Similarly, Hong Kong Stock Exchange succeeded, which has been reflecting stock exchange progress of mainland China in a long term. Han Seng index rose in 0.7%. 

On the contrary, securities on Tokyo Stock Exchange, an important stock exchange for whole Asia, dropped. Nikkei index wrote off around 4% on Tuesday, and appeared under the pressure of results season, when Japanese companies began to publish their financial data for second quarter. Whole the stock exchange was pushed down by worse than expected results of Mitsubishi Motors, which slumped in more than 12%. Moreover, Hitachi Construction stocks dropped in 6%, and negative financial results of the company made an impact, too. 

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