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Asia-Pacific Stocks – August 1


The Asian stock market experienced mixed results on Tuesday, August 1, with the Japanese market showing a second consecutive day of increases.

Hong Kong Stocks

Hong Kong stocks fell, as reflected in the Hang Seng Index (HSI) which was down 0.3% at 20,011.12.

Japanese Market

In contrast, the Nikkei 225 Index of Japanese companies rose 0.9% to 33,476.58.

Other Markets

The Shanghai Composite Index of Chinese companies remained flat at 3,290.95.

The FTSE Straits Times Index of Singapore stocks fell 0.1% to 3,371.40.

The KOSPI Composite Index of South Korean stocks recorded a significant increase of 1.3% to reach 2,667.07.

The S&P/ASX 200 Benchmark Index of Australian stocks also saw a modest rise of 0.5% to reach 7,450.70.

Notable Performers

Hang Seng Index Constituents

Techtronic Industries, a portable power tools company, saw the largest increase on Tuesday, with shares rising by 2.6%.

Shares of travel agencies firm Group and integrated banks company HSBC PLC (HK Reg) also showed positive growth, rising by 2.1% and 1.7% respectively.

On the other hand, shares of renewable energy equipment company Xinyi Solar Holdings saw the largest decline in Hong Kong, as shares tumbled by 10.1% on Tuesday.

Real estate services/transactions firms Country Garden Holdings and Hang Lung Properties declined by 7.6% and 6.6% respectively.

Nikkei 225 Index Constituents

NH Foods, a meat processing company, saw the largest increase on Tuesday, with shares rising by 6.1%.

Shares of passenger cars firm Mitsubishi Motors and electric power generation company Tokyo Electric Power gained 4.6% and 4.4% respectively.

Pharmaceuticals company Sumitomo Pharma saw the largest decline on Tuesday, as shares plunged by 10.3%.

Industrial electronics firm Mitsubishi Electric and diversified holding companies company Sojitz declined by 6.4% and 6.2% respectively.

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