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Asia-Pacific stocks see mixed results; Nisshin Seifun Group surges, Hino Motors plunges

EditorPollock Mondal
Published 30/10/2023, 11:52
© Reuters.
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Asia-Pacific stocks exhibited a mixed performance on Monday, October 30, 2023. The Hong Kong market recorded a rise for the second session in a row, although the Hang Seng Index remained flat at 17,406.36. In contrast, Japan's Nikkei 225 Index fell by 1.0% to 30,696.96.

The Shanghai Composite Index and The FTSE Straits Times Index in China and Singapore respectively reported minor increases of 0.1% each, settling at 3,021.55 and 3,066.23. South Korea's KOSPI Composite Index also rose, gaining 0.3% to reach 2,310.55. On the other hand, Australia's S&P/ASX 200 Benchmark Index declined by 0.8% to 6,772.90.

Among the Hang Seng Index components, Sunny Optical Technology led the gains on Monday with its shares soaring by 6.5%. Hansoh Pharmaceutical and Semiconductor Mfg Intl followed closely with respective gains of 6.3% and 6.2% in their shares. However, ENN Energy Holdings experienced the largest fall with its shares decreasing by 5.2%.

In Japan's Nikkei 225 Index, Nisshin Seifun Group's shares saw a remarkable surge of an impressive 13.5%. Osaka Gas and Keyence (OTC:KYCCF) also reported significant gains of 10.0% and 8.0% respectively in their share prices.

However, Hino Motors witnessed a substantial decline as its shares took a significant plunge by a whopping 18.7%. Shares of Omron and Sumitomo Pharma also fell considerably by large margins of 15.8% and 11.3% respectively.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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