empty
 
 
01.01.2023 02:24 PM
Major Asian indicators end the year on a positive note

This image is no longer relevant

Major Asian indicators were showing gains of up to 1% in closing trading this year. On Friday, Japan's Nikkei 225 was up 0.41%, with the Shenzhen Composite adding slightly more at 0.43%. The Shanghai Composite gained 0.61%, while Australia's S&P/ASX 200 gained a bit more at 0.66%. Hong Kong's Hang Seng Index showed the largest growth as it added 0.94%.

Korean stock exchanges were not trading due to the start of the New Year celebration. However, on Thursday, the KOSPI closed sharply lower (by 1.93%). In December, this indicator fell by 9.2% in total, but during the last quarter of the current year it has added 3.8%. For the whole of this year, the Korean indicator lost 25%, a record decline for the last 14 years.

At the same time, the Japanese Nikkei 225 has also fallen by 9.2% over the past year, its biggest decline in the past four years. In December alone its decline amounted to 6.7%, although in the fourth quarter the index increased by 0.6%.

Among Japanese companies, the biggest growth in value was seen in Mitsubishi Motors, Corp. which rose by 2.2%, Fast Retailing, Co. Ltd., up 1.9%, as well as M3, Inc. which gained 1.8%.

Adastria, Co. gained 17.2% on better outlook for the current fiscal year and more than doubled its net profit in nine months (March to November).

It has been a challenging year for investors. They were concerned about the increasingly tight monetary policies of global central banks. Investors expected the onset of a global economic downturn due to the constant increase in interest rates as a measure to combat rising inflation.

Experts believe that in the coming year, investors will continue to monitor the actions of central banks and assess their impact on the economy, as well as monitor the growth rate of consumer prices.

On the one hand, traders are concerned about the spread of coronavirus in China and the possible supply chain problems associated with it. On the other hand, reports of the Chinese authorities on the intention to ease quarantine restrictions in the country give hope for a rapid recovery of the Chinese economy.

Among Chinese companies, Netease, Inc. (+4%), China Resources Land, Ltd. (+3.2%) and Baidu, Inc. (+2.7%) gained the most.

JD.com (+1.9%), Lenovo Group (+1.7%), Alibaba Group Holding, (+1.6%) as well as Xiaomi (+1.3%) gained slightly less.

The largest Australian companies also showed growth: shares of Woodside Energy Group rose in price by 0.9% and Santos - by 0.7%.

Anastasia Kravtsova,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
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.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $5000 अधिक!
    में नवंबर हम आकर्षित करते हैं $5000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback