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Asia-Pacific stocks show mixed performance, led by Mitsubishi Motors and Shenzhou Intl Group

EditorRachael Rajan
Published 28/09/2023, 20:20
Updated 28/09/2023, 20:20
© Reuters.

Asia-Pacific stocks showed mixed performance on Thursday, with some indices experiencing slight drops while others edged up. The Hang Seng and Nikkei 225 saw dips, while the Shanghai Composite and FTSE Straits Times reported modest gains. Australia's S&P/ASX 200 also experienced a minor decline.

In Japan, ANA Holdings led the fall in the Nikkei 225 index. However, Mitsubishi Motors (OTC:MMTOF) emerged as the top gainer. Other notable declines were seen in Keio and Odakyu Electric Railway. On a positive note, Chugai Pharmaceutical and Inpex Corp. reported gains.

The Hang Seng index was influenced by the underperformance of Galaxy Entertainment Grp. In contrast, Shenzhou Intl Group advanced in Hong Kong's market. Despite this positive movement, Sands China (OTC:SCHYY) and JD (NASDAQ:JD) Health International fell in the same market.

Two companies that rose modestly in Hong Kong were Orient Overseas Intl and China Unicom (NYSE:CHU) (Hong Kong). Their performance contributed to the overall mixed results seen across Asia-Pacific markets on Thursday.

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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