Stocks in the Asia-Pacific region experienced mostly positive performance on Thursday, October 5.
Hong Kong’s Hang Seng Index and Japan’s Nikkei 225 Index
The Hang Seng Index of Hong Kong companies saw a slight increase of 0.1% and reached 17,213.87. Meanwhile, the Nikkei 225 Index of Japanese companies rose by a significant 1.8%, reaching 31,075.36.
Other Regions
Singapore’s FTSE Straits Times Index gained 0.3% and reached a value of 3,158.28. However, the Shanghai Stock Exchange in China remained closed for the day. South Korea’s KOSPI Composite Index weakened slightly by 0.1% and reached 2,403.60. On the other hand, the S&P/ASX 200 Benchmark Index of Australian stocks rose by a notable 0.5%, reaching a value of 6,925.50.
Major Movements in the Nikkei 225 Index
Among the constituents of the Nikkei 225 Index, Japan Exchange Group, a securities/commodity exchange activities company, witnessed the largest increase on Thursday, with shares rising by 6.4%. Additionally, Aozora Bank, a commercial banking firm, and Yamaha Motor, a motorcycles company, experienced an increase of 5.7% and 5.2% in their respective share values.
On the other hand, Taiyo Yuden, a passive components company, witnessed the largest drop in share value on Thursday, with shares declining by 6.3%. Similarly, shares of Pacific Metals, a steel production firm, and Inpex Corp., an oil and gas exploration company, declined by 2.1% and 1.8% respectively.
Significant Movements Among Hang Seng Index Constituents
Among the constituents of the Hang Seng Index, Budweiser Brewing APAC, a brewing company, experienced the largest increase in share value on Thursday with shares gaining 5.4%. In addition, shares of WH Group, a meat processing firm, and China Resources Beer Holdings, an alcoholic beverages/drinks company, saw an increase of 3.3% and 2.4% respectively.
However, Techtronic Industries, a portable power tools company, witnessed the largest decrease in share value in Hong Kong, with shares weakening by 2.9% on Thursday. Similarly, shares of Alibaba Hlth Info Tech, a pharmacies/drugstores firm, and Wuxi Biologics (Cayman), a biotechnology services company, declined by 2.1% and 1.7% respectively.