Asian equity markets show mixed mood
Today, Asian stock indices are changing without a single dynamics. Investors are waiting for the results of the midterm elections to the US Congress, as well as fresh data on inflation in this country, which may determine the future policy of the Federal Reserve on the issue of raising interest rates.
The value of the Japanese Nikkei 225 index rose by 1.27% on good quarterly reports of companies.
Yamaha Motor (TYO:7272) Co. shares show the most significant rise among the indicator components. (+12.7%). The company’s revenue in January-September increased by 23% – up to 1.677 trillion yen ($11.44 billion), operating profit – by 13%, to 174.19 billion yen due to an increase in prices and sales of motorcycles and outboard motors.
Papers of Shimadzu Corp. rose by 6%. The manufacturer of high-precision measuring instruments in the 1st financial half-year (April-September) received a net profit of 24.5 billion yen ($167.1 million) against 20.49 billion yen in the same period last year.
In addition, the value of such large companies as SoftBank Group (TYO:9984) (+5.2%), Sony Group (TYO:6758) (+3.4%), Fast Retailing (TYO:9983) (+0 .1%), Toyota Motor (TYO:7203) (+0.6%), Nintendo (+1.6%).
The South Korean Kospi index added 1.04%.
Quotes of securities of one of the world’s largest manufacturers of chips and electronics Samsung Electronics Co. (KS:005930) rose 2.5%, while automaker Hyundai Motor (KS:005380) tumbled 0.3%.
The Australian S&P/ASX 200 index gained 0.36%, finishing up for the third straight session.
Including shares of all four largest banks in the country rose in price: Commonwealth Bank – by 1.4%, ANZ Bank – by 0.3%, Westpac Banking (ASX:WBC) – by 2% and National Australia Bank (ASX:NAB) – by 0.7%.
At the same time, stock prices of the world’s largest mining company BHP fell by 0.3%.
China’s Shanghai Composite fell 0.82%, Hong Kong’s Hang Seng – 0.74%.
The leaders of the decrease in quotations on the Hong Kong Stock Exchange are the shares of the owner of the restaurant chain Haidilao International Holding Ltd. (-4.5%), internet companies Baidu (NASDAQ:BIDU) (-3.5%) and Meituan (HK:3690) (-3%), Budweiser Brewing Co. APAC Ltd. (-3.3%).
In addition, Tencent Holdings Ltd. (HK:0700) fell 0.3%, retailer Alibaba (NYSE:BABA) Group – 3.2%, automaker BYD – 2.6%.