Asia-Pacific stocks had a mixed performance on September 25, with gains in Japan's Nikkei 225 Index and declines in Hong Kong's Hang Seng Index. Pharmaceutical companies experienced significant increases while building construction and gambling indus...
Troy D. Hanson
September 25, 2023
Asia-Pacific stocks had a mixed performance on Monday, September 25. While Hong Kong's Hang Seng Index weakened, Japan's Nikkei 225 Index experienced gains. The Shanghai Composite Index declined, while Singapore's FTSE Straits Times Index saw an increase. South Korea's KOSPI Composite Index weakened, and Australia's S&P/ASX 200 Benchmark Index rose slightly.
Hang Seng Index
The Hang Seng Index saw a decrease, with biotechnology services company Wuxi Biologics (Cayman) experiencing the largest increase of 2.5%. Marine transport firm Orient Overseas Intl and semiconductors company Semiconductor Mfg Intl also saw gains of 1.7% and 1.4% respectively. On the other hand, building construction company Longfor Group Holdings saw the largest decrease in Hong Kong, with shares declining by 6.5%. Gambling industries firms Galaxy Entertainment Grp and Sands China also faced losses of 5.4% and 5.2% respectively.
Nikkei 225 Index
Pharmaceuticals company Daiichi Sankyo had the largest increase among Nikkei 225 Index constituents, with shares gaining by 7.6%. Semiconductors firm SCREEN Holdings and semiconductors company Advantest Corp also saw gains of 4.9% and 3.9% respectively. Integrated banks company Sumitomo Mitsui Finl Grp experienced the largest drop, with shares declining by 3.3%. Central banking firm Fukuoka Financial Group and commercial banking company Chiba Bank also weakened by 3.3% and 3.1% respectively.