Asian stock indices show mixed performance

Asian stock indices show mixed performance

On Wednesday, stock indices of the countries of the Asian-Pacific region demonstrated differently directed moves.

The index of the region MSCI Asia Pacific soared by about 0.1% from the market start.

Investors positively perceived the signals of the US and China that they are open to trade negotiations, as MarketWatch revealed.

On Tuesday, Chairman of the People's Republic of China Xi Jinping pledged to actively develop the country's openness policy for the outside world. Previously, a number of high-ranking representatives of the US authorities paid attention to the situation with China, and the overall tone of their statements seemed to be soft enough.

However, notwithstanding the easing of fears about the trade war, volatility in the stock markets is going to remain at least until the end of May, that is, before the planned dates for the introduction of import duties in America.

In addition to this, Japanese indices Nikkei 225 as well as Topix slumped by respectively 0.35% and 0.23%.

The most considerable dive took place in equities of retailers. J.Front Retailing Co. sagged more than 10% (the maximum sink for seven years) because of a poor prognosis of the company's revenue.

The price of securities of consumer electronics manufacturers Sony Corp. as well as Panasonic Corp. headed south by respectively 0.8% and 0.1%.

The value of the South Korean index Kospi inched down by about 0.21%.

The Australian indicator S&P/ASX 200 headed south by approximately 0.51%.

Cheaper equities of the four largest Australian banks performed the following way: Westpac Banking dived 1.4%, National Australia Bank declined 1.2%, Australia & New Zealand Banking sagged 1%, while Commonwealth Bank of Australia tumbled 1.2%.

Simultaneously, the market value of the world's leading mining companies BHP Billiton Ltd. and Rio Tinto inched up by respectively 1.9% and 1.3%.


Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

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