Most Asian stocks experienced gains on Thursday, October 12. Hong Kong's Hang Seng Index climbed for the sixth consecutive day, while Japan's Nikkei 225 Index showed a third day of gains.

Hong Kong

In Hong Kong, the Hang Seng Index increased by 1.9% to reach 18,238.21.


The Nikkei 225 Index of Japanese companies reported a 1.7% gain, closing at 32,494.66.


Chinese companies also saw positive growth, with the Shanghai Composite Index rising by 0.9% to reach 3,107.90.


The FTSE Straits Times Index of Singapore stocks experienced a 0.7% increase, closing at 3,216.31.

South Korea and Australia

In South Korea, the KOSPI Composite Index climbed by 1.2% to reach 2,479.82. Australia's S&P/ASX 200 Benchmark Index remained flat at 7,091.00.

Top Performers

Hong Kong's Sunny Optical Technology saw the largest increase on the Hang Seng Index, with shares surging by 12.2%. In China, renewable energy equipment firm Xinyi Solar Holdings and semiconductor company Semiconductor Mfg Intl reported gains of 7.2% and 6.7% respectively.

Biggest Losers

China's aluminum company China Hongqiao Group experienced the largest drop in Hong Kong, with shares weakening by 2.8%. In Japan, marine transport company Kawasaki Kisen Kaisha saw shares decline by 6.1%.

Other Notable Moves

Shares of Lasertec, a measuring and precision instruments company on the Nikkei 225 Index, increased by 6.3%. Electric power generation firm Tokyo Electric Power and mobile telecommunications company SoftBank Group reported gains of 3.3% and 2.6% respectively.

On the other hand, computer services firm NTT Data Group and marine transport company Nippon Yusen saw shares decline by 3.3% and 3.0% respectively.

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