Mixed Performance in the Asia-Pacific Region

Stocks in the Asia-Pacific region experienced mixed results on Tuesday, March 5.

Hong Kong

  • The Hang Seng Index (HSI) dropped 2.6% to 16,162.64.
  • Pharma giant JD Health International (6618) saw the largest drop in the market, with shares falling 8.1%.

Japan

  • The Nikkei 225 Index (NIK) remained flat at 40,097.63.
  • Online service provider DeNA (2432) witnessed the largest decrease, with shares declining by 4.6%.

China and Singapore

  • China's Shanghai Composite Index (SHCOMP) increased by 0.3%.
  • Singapore's FTSE Straits Times Index (STI) fell by 0.5%.

Notable Winners and Losers

Hong Kong Winners

  • Renewable energy equipment company Xinyi Solar Holdings (968) saw the largest increase, with shares rising by 1.9%.
  • Gold ore mining firm Zijin Mining Group (2899) also experienced a positive trend, with shares up by 1.4%.

Hong Kong Losers

  • Pharma firm Alibaba Hlth Info Tech (241) and pharmaceuticals company Sino Biopharmaceutical (1177) declined by 8.0% and 7.6%, respectively.
  • Glass products company Xinyi Glass Holdings (868) saw a minor increase of 0.2%.

Japan Winners

  • Heavy construction company Obayashi (1802) had a remarkable day, with shares skyrocketing by 20.6%.
  • Construction players Taisei (1801) and Kajima (1812) also did well, with shares up by 8.8% and 6.5%, respectively.

Wrap-Up

While some sectors faced losses, others showed promising growth potential in the Asia-Pacific market on March 5.

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