S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
On Wednesday, Asian markets witnessed mixed performances with Hong Kong's Hang Seng Index and Japan's Nikkei 225 Index experiencing growth, while Singapore's FTSE Straits Times Index recorded a decline.
The Hang Seng Index rose by 1.3% driven by significant contributions from Sunny Optical Technology, Xinyi Solar Holdings, and Semiconductor Mfg Intl which saw share increases of 12.2%, 7.2%, and 6.7% respectively. On the other hand, China Hongqiao Group, Orient Overseas Intl, and Chow Tai Fook Jewellery experienced decreases of 2.8%, 1.8%, and 1.2% respectively.
In Japan, the Nikkei 225 Index grew by 0.6%. Lasertec, Tokyo Electric Power, and SoftBank (TYO:9984) Group were instrumental in this growth with their respective share increases of 6.3%, 3.3%, and 2.6%. Despite the overall growth, some companies like Kawasaki Kisen Kaisha and NTT Data Group saw their shares decline by 6.1% and 3.3% respectively. Furthermore, the marine transport company Nippon Yusen also weakened by 3%.
Meanwhile, Singapore's FTSE Straits Times Index fell by 0.3%, contrasting the growth seen in Hong Kong and Japan's indices.
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