Asia-Pacific Stocks Mostly Rise on December 22

In the Asia-Pacific region on Friday, December 22, most stocks experienced gains.

Hong Kong Stocks

The Hang Seng Index (HSI) in Hong Kong dropped by 1.7%, closing at 16,340.41.

Japan’s Nikkei 225 Index

Japan’s Nikkei 225 Index, on the other hand, increased by 0.1% to 33,169.05.

Chinese Companies

The Shanghai Composite Index, which represents Chinese companies, fell by 0.1% to 2,914.78.

Singapore Stocks

The FTSE Straits Times Index, which represents Singapore stocks, rose by 0.9% to 3,139.16.

South Korea and Australia

South Korea’s KOSPI Composite Index remained flat at 2,599.51, while Australia’s S&P/ASX 200 Benchmark Index was also flat at 7,501.60.

Hang Seng Index Constituents

Among the stocks in the Hang Seng Index, Hansoh Pharmaceutical (3692) saw the largest increase with a rise of 5.4%.

Marine transport firm Orient Overseas International (316) and coal mining company China Shenhua Energy (1088) also saw positive movement with increases of 4.0% and 2.4% respectively.

However, online service provider Netease (9999) experienced a significant decline of 24.6%.

Nikkei 225 Index Constituents

In Japan, cosmetics/toiletries company Shiseido (4911) witnessed the largest increase of 4.3% on Friday.

Marine freight firm Kawasaki Kisen Kaisha (9107) and marine transport company Nippon Yusen (9101) also experienced gains, with increases of 4.2% and 3.7% respectively.

On the other hand, games software company NEXON (3659) saw the largest decrease with a plunge of 11.9%.

Conclusion

Overall, there were mixed results in the Asia-Pacific stock markets on December 22, with some stocks experiencing gains and others facing declines.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

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