Asia-Pacific stocks saw an overall increase on Friday, July 21st, although Japanese shares declined for the second session in a row.
Hong Kong’s Hang Seng Index
Hong Kong’s Hang Seng Index (HSI) showed a strong performance, with a rise of 0.8% to reach 19,075.26 points.
Japan’s Nikkei 225 Index
On the other hand, Japan’s Nikkei 225 Index (NIK) weakened by 0.6%, closing at 32,304.25.
China’s Shanghai Composite Index
China’s Shanghai Composite Index (SHCOMP) experienced a slight decline of 0.1%, leaving it at 3,167.75 points.
Singapore’s Straits Times Index
Singapore’s Straits Times Index (STI) also faced a small setback, dropping 0.1% to 3,272.66.
South Korea’s KOSPI Composite Index
In contrast, South Korea’s KOSPI Composite Index showed a positive trend, gaining 0.4% and reaching 2,609.76 points.
Australia’s S&P/ASX 200 Benchmark Index
Australia’s S&P/ASX 200 Benchmark Index declined by 0.2% to finish at 7,313.90.
Hang Seng Index Performers
Within the Hang Seng Index constituents, banking company Hang Seng Bank saw a significant increase of 4.1% in its shares on Friday.
Additionally, diversified holding company CITIC and pharmacies/drug stores company Alibaba Hlth Info Tech enjoyed gains of 2.1% and 2.0% in their respective share prices.
However, real estate services/transactions company Country Garden Holdings experienced the largest drop in Hong Kong stocks, with a decrease of 5.5% on Friday.
Furthermore, property manager Country Garden Svcs and gas utilities company ENN Energy Holdings weakened by 2.5% and 2.3% respectively.
Nikkei 225 Index Performers
Among the Nikkei 225 Index constituents, electrical components/equipment company Nidec saw substantial growth on Friday, with its shares surging by 10.4%.
Similarly, trucks/lorries/vans firm Hino Motors and personal electronics company Panasonic Holdings experienced increases of 3.2% and 3.0% respectively.
Conversely, semiconductors company Advantest Corp had the largest decrease in Japan, as its shares dropped by 5.8% on Friday.
In addition, semiconductors firms Tokyo Electron and SCREEN Holdings weakened by 5.6% and 4.9% respectively.