Asia-Pacific stocks on the rise, Lenovo Group and Japan's Nikkei 225 lead the surge

  • Stock Market News
Asia-Pacific stocks on the rise, Lenovo Group and Japan's Nikkei 225 lead the surge
Credit: © Reuters.

Asia-Pacific stocks recorded a mostly positive performance today, led by significant gains in Japan's Nikkei 225 and Hong Kong's Hang Seng Index . The Nikkei 225 and Hang Seng Index rose by 0.7% and 0.6%, respectively, with IHI Corp, SCREEN Holdings, and Kawasaki Heavy Industries leading the pack in Japan.

Despite the overall uptick, some firms experienced declines. Nidec, Mitsubishi Motors (OTC: MMTOF ), and M3 saw their shares drop in the Nikkei 225. Similarly, in the Hang Seng Index, China Unicom (NYSE: CHU )'s shares fell by 8.5%. Xinyi Solar Holdings (HK: 0968 ) and HK Exchanges & Clearing also registered losses.

In contrast, Lenovo Group (OTC: LNVGY )'s shares in the Hang Seng Index surged impressively by 7.3%. Additional gains were recorded by China Hongqiao Group and Zhongsheng Group Holdings, contributing to the overall positive trend in this index.

Elsewhere in Asia-Pacific markets, the Shanghai Composite Index posted a marginal increase. However, Singapore's FTSE Straits Times Index and South Korea's KOSPI Composite Index bucked the trend with minor declines. Australian stocks on the S&P/ASX 200 Benchmark Index held steady, neither losing nor gaining ground.

These market movements reflect a mixed but predominantly upward trend across major Asia-Pacific stock indices today. While some individual firms faced setbacks, others reaped substantial gains, demonstrating the dynamic nature of these markets.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or