[ad_1]
The Asia-Pacific stock markets closed on Wednesday with mixed results, as the dollar increased profits after Fed Chairman Jerome Powell offered Tuesday , an optimistic view of the US economy that has heightened expectations that the central bank will apply two additional interest increases this year.
The Tokyo Nikkei Index was placed on the markets with gains of up to a month, with exporters such as automotive and technology companies being encouraged by an appreciation. from the dollar to a maximum of seen in six months against the yen.
The Japanese benchmark ended the session with a rise of 0.4% to 22,794.19 points, its highest level of end of the day since June 15.
Toyota and Mazda papers both advanced 1.4%, while Subaru shares advanced 1.2% and TDK shares 1%. Meanwhile, Advantest has increased 1.5%.
The Singapore Stock Exchange followed the Tokyo line by increasing 0.03% to 3,240.50 units
In contrast, markets of China increased their losses by four next day, faced with a renewed weakness of the yuan that led to a devaluation in the real estate sector and increased the costs of local airlines.
The CSI300 benchmark of the Shanghai Stock Exchange's favorite shares fell 0.5% to 3,431.32 points, while the Shanghai Composite Index lost 0.4% to 2,787.26 points.
On the foreign exchange market, the dollar appreciated by 0.05% against the Japanese currency at 112.955 yen, after rising to 113.08 yen, its highest level since 9 June.
While the yuan fell to two-week lows against the US dollar and broke a psychological barrier of 6.7 units per dollar.
The real estate companies sector, whose value is related to assets in yuan, yielded more than 2%, while the airline sub-index was penalized by its exposure to dollar debt.
In the CSI300 benchmark, the financial sector subindex fell by 0.53% and the consumer business segment decreased by 0.82%. Meanwhile, the real estate index has depreciated by 2.08%.
The Hong Kong stock market closed today with losses of 0.23% and its Hang Seng benchmark index closed at 28 thousand 117.42 units. On the other hand, the Kospi index of the Seoul Stock Exchange lost 0.39% to 2,290.11 units
with information from Notimex and Reuters.
Source link
