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Asia-Pacific Stock Market Update

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Stocks in the Asia-Pacific region experienced various movements on Thursday, Feb. 29, with a mix of gains and losses across different markets.

Hong Kong and Japanese Markets Decline

  • Hang Seng Index HK:HSI weakened by 0.2% to 16,511.44
  • Nikkei 225 Index JP:NIK dropped by 0.1% to 39,166.19

Gainers and Losers in Other Markets

  • Shanghai Composite Index CN:SHCOMP: Increased by 1.9% to 3,015.17
  • FTSE Straits Times Index SG:STI: Gained by 0.1% to 3,142.77
  • KOSPI Composite Index KR:180721: Declined by 0.4% to 2,642.36
  • S&P/ASX 200 Benchmark Index AU:XJO: Rose by 0.5% to 7,698.70

Notable Movements in Hong Kong

  • Budweiser Brewing APAC HK:1876: Saw the largest drop with shares declining by 6.6%
  • Baidu HK:9888 and China Shenhua Energy HK:1088: Weakened by 6.6% and 3.2%, respectively
  • Xinyi Solar Holdings HK:968: Witnessed a significant increase of 24.3%
  • Semicon Mfg Intl HK:981 and Xinyi Glass Holdings HK:868: Added 5.9% and 4.8%, respectively

Significant Changes in Japan

  • Tokyo Electric Power JP:9501: Experienced the largest decline of 4.7%
  • Tokyo Gas JP:9531 and DeNA JP:2432: Declined by 4.3% and 4.1%, respectively
  • Aozora Bank JP:8304: Saw the largest increase at 9.5%
  • Seven & I Holdings JP:3382 and Rakuten Group JP:4755: Added 6.2% and 4.0%, respectively

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