Make earnings with no risk
Automated AI-driven system makes the trades, you earn the money
Join now

Asia-Pacific Stocks Fall on August 11


Asia-Pacific stocks experienced a decline on Friday, August 11. Here is the breakdown of the market movements:

Hong Kong

Hong Kong’s Hang Seng Index (HSI) declined by 0.9% to reach a value of 19,075.19.


The Tokyo Stock Exchange was closed on this day.


The Shanghai Composite Index (SHCOMP) of Chinese companies weakened by 2.0% to reach a value of 3,189.25.


The FTSE Straits Times Index (STI) of Singapore stocks dropped by 1.0% to reach a value of 3,288.84.

South Korea

The KOSPI Composite Index of South Korean stocks fell by 0.4% to reach a value of 2,591.26.


Australia’s S&P/ASX 200 Benchmark Index weakened by 0.2% to reach a value of 7,340.10.

Among the constituents of the Hang Seng Index, Techtronic Industries saw the largest increase as shares added 4.0% on Friday.

China Mobile and Henderson Land Devt, two prominent mobile telecommunications and real estate services/transactions companies, saw their shares rise by 2.1% and 2.0%, respectively.

In Hong Kong, Country Garden Holdings, a real estate services/transactions company, faced the largest decline as its shares weakened by 5.8% on Friday.

Furthermore, Alibaba Hlth Info Tech and Xinyi Solar Holdings, firms specializing in pharmacies/drug stores and renewable energy equipment respectively, witnessed their shares fall by 5.5% and 4.5%.

U.S. Stock Futures Rise Ahead of Crucial Inflation Data

Previous article

Sainsbury’s Bank Sells Mortgage Portfolio

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News