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Asia-Pacific Stocks Show Mixed Results


Shares in the Asia-Pacific region experienced a mix of gains and losses on Monday, August 7th, with Japanese stocks seeing an increase for the second consecutive day.

Hong Kong and Japan

The Hang Seng Index (HSI) of Hong Kong companies remained flat at 19,537.92. At the same time, Japan’s Nikkei 225 Index (NIK) added 0.2% to reach 32,254.56.

China and Singapore

China’s Shanghai Composite Index (SHCOMP) fell by 0.6% to 3,268.83, while Singapore’s FTSE Straits Times Index (STI) saw a rise of 0.5% to reach 3,307.56.

South Korea and Australia

The KOSPI Composite Index of South Korean stocks dropped by 0.8% to 2,580.71, whereas Australia’s S&P/ASX 200 Benchmark Index fell by 0.2% to 7,309.20.

Highlights from the Hang Seng Index

Among the constituents of the Hang Seng Index, the notable gainer on Monday was Haidilao International Holdings (6862), a full-service restaurants company, as its shares rose by 4.9%.

Furthermore, renewable energy equipment firm Xinyi Solar Holdings (968) and brewing company Budweiser Brewing APAC (1876) experienced gains of 4.7% and 3.7% respectively.

In contrast, pharmaceuticals company Hansoh Pharmaceutical (3692) saw the largest decrease among Hong Kong stocks, with its shares plunging by 10.0%.

Real estate services/transactions firm Country Garden Holdings (2007) and property managers company Country Garden Svcs (6098) also experienced losses of 7.7% and 7.3% respectively.

Highlights from the Nikkei 225 Index

Pharmaceuticals company Astellas Pharma (4503) led the gains in the Nikkei 225 Index on Monday, with its shares surging by 10.0%.

Additionally, personal electronics firm Sharp Corp. (6753) and aquaculture company Nissui (1332) saw increases of 8.6% and 7.6%, respectively.

On the other hand, construction company Taisei (1801) experienced the largest decrease among constituents of the Nikkei 225 Index, with its shares dropping by 8.7%.

Heavy construction firm Obayashi (1802) and chemicals company Denka (4061) also saw declines of 7.0% and 6.1% respectively.

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