Asian equity markets demonstrate multiple directions

Asian equity markets demonstrate multiple directions

On Thursday, stock indexes of the Asia-Pacific region are changing without a common dynamics in the course of trading. It’s because investors are evaluating the statistics from South Korea as well as the reporting of large companies, including such giants as Samsung Electronics.

In addition, the market reacts to the ongoing surge in yields of US government bonds. On Tuesday, the revenue of 10-year US Treasuries surpassed 3% for the first time since 2014, and on Wednesday it reached the level of about 3,026%.

The Japanese Nikkei 225 index rallied 0.52% during the trading session, while the wider Topix managed to acquire 0.29%.

A positive factor for the Japanese stock market was the dive of the Japanese yen against the evergreen buck on Wednesday by about 0.6% to 109.43 yen. The weakening of the national currency turns to be beneficial for the country's exporters.

In Hong Kong the Hang Seng dived 0.84%, the Chinese Shanghai Composite sank 0.94%. As for the Australian S&P/ASX 200, it went down 0.16%.

South Korean KOSPI tacked on by 1.2%.

As reported, South Korea's GDP in the first quarter rallied by 1.1% compared to the previous three months and also by 2.8% in annual terms. Experts on average expected the growth of the South Korean economy by 1.1% in quarterly terms and also by 2.9% in annual terms. Positive impact on this Asian country’s economy was exerted by the growth of exports, which accounts for nearly half of the country's GDP. Deliveries abroad in January-March managed to surge by 4.4% quarter-on-quarter having gone down by about 5.3% in the previous three months.

Capitalization of Samsung Electronics jumped by about 3.1%. The company updated the record of operating revenues for the fourth quarter in a row, so the outcome accounted for 15.64 trillion won.



European equities dive

On Thursday, European stocks reversed early profits due to the fact UK Prime Minister Theresa May's cabinet was plunged into fresh downtime over Brexit, with cars as well as banking shares leading the divers…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera