Hang Seng and Nikkei 225 Indices Rise, FTSE Straits Times Index Falls

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Hang Seng and Nikkei 225 Indices Rise, FTSE Straits Times Index Falls
Credit: © Reuters.

On Wednesday, Asian markets witnessed mixed performances with Hong Kong's Hang Seng Index and Japan's Nikkei 225 Index experiencing growth, while Singapore's FTSE Straits Times Index recorded a decline.

The Hang Seng Index rose by 1.3% driven by significant contributions from Sunny Optical Technology, Xinyi Solar Holdings (HK: 0968 ), and Semiconductor Mfg Intl which saw share increases of 12.2%, 7.2%, and 6.7% respectively. On the other hand, China Hongqiao Group, Orient Overseas Intl, and Chow Tai Fook Jewellery experienced decreases of 2.8%, 1.8%, and 1.2% respectively.

In Japan, the Nikkei 225 Index grew by 0.6%. Lasertec, Tokyo Electric Power, and SoftBank (TYO: 9984 ) Group were instrumental in this growth with their respective share increases of 6.3%, 3.3%, and 2.6%. Despite the overall growth, some companies like Kawasaki Kisen Kaisha (TYO: 9107 ) and NTT Data Group saw their shares decline by 6.1% and 3.3% respectively. Furthermore, the marine transport company Nippon Yusen also weakened by 3%.

Meanwhile, Singapore's FTSE Straits Times Index fell by 0.3%, contrasting the growth seen in Hong Kong and Japan's indices.

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