Dredging race for the Japanese Stock Exchange – Nieuws.nl



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Photo: ANP

The Japanese stock market was badly hit Thursday after the heavy losses on Wall Street. Stock markets have also fallen significantly elsewhere in the Far East. Growing concerns from investors, such as the trade tensions that are slowing global economic growth and fears that corporate profits are reaching their peak, are putting negative pressure on the stock market climate. , 73 points. Japanese chip companies in particular have gone on sale after disappointing results from US chip makers AMD and Texas Instruments.

The Shanghai Stock Exchange finally surged 1.4% and Hong Kong's Hang Seng index of 1.9%. in. Cathay Pacific lost 4.9%. According to the Reuters news agency, the data of some 9.4 million passengers of the airline and its subsidiary Hong Kong Dragon Airlines have been hacked. The All Ordinary in Sydney fell 2.8% under the leadership of Australian commodities and banks

. The South Korean chip maker SK Hynix has lost nearly 3%, despite quarterly figures exceeding expectations. The South Korean technology group Samsung, a heavyweight of the Kospi group, has yielded nearly 4%. Hyundai dropped 6.4%. The automaker saw the quarterly profit fall from the cost of a recall in the United States

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