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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