empty
02.08.2022 11:30 PM
The main Asian indices show mainly a decline to 3%

This image is no longer relevant

The main Asian indices show mainly a decline to 3%. The only indicator that showed slight growth was the Australian S&P/ASX 200, which gained 0.07%. Other indicators of the region showed a rather serious decline: the Korean KOSPI fell by 0.52%, the Japanese Nikkei 225 - by 1.42%. China's Shanghai Composite and Shenzhen Composite lost the most - 2.26% and 2.92%, respectively, as well as the Hong Kong Hang Seng Index, which fell by 2.54%.

Investors' avoidance of risk is explained by the instability of the global geopolitical situation and the growing tension in relations between China and the United States in connection with the forthcoming visit of the speaker of the US Parliament to Taiwan. Although Taiwan does not appear in the official program of the speaker's visit, this is stated by local media. China, for its part, opposes a visit to the island by a representative of the US Parliament.

Reporting season is underway around the world, and companies in the Asia-Pacific region are no exception.

Securities price of Xinyi Solar Holdings, Ltd. decreased by 4.2% after reporting a 38% decrease in net profit in the first six months of 2022.

As Xinyi Solar Holdings, Ltd. worsened its financial outlook for the first six months of this year, caused by a series of lockdowns and losses due to currency fluctuations, its stock quotes fell by 0.8%.

Also, other Chinese companies - Xiaomi, Corp. (-5.4%) and Sino Biopharmaceutical, Ltd. (-4.5%).

Shares of a company from Japan JSR, Corp. fell immediately by 18.6% due to a decrease in profit for the first six months and worsening expectations for the rest of the year after falling demand for the company's products.

In South Korea, consumer prices increased by 6.3% in July compared to the same period last year, according to the latest statistics. This is a record inflation rate for more than 20 years, but they did not meet the expectations of experts. For comparison: the price increase in June 2022 was 6%.

A slight decrease in the share price is observed in the largest Korean enterprises: papers of Samsung Electronics, Co. fell in price by 0.2%, while Kia, Corp. – by 0.8%. The stock price of LG Electronics, Inc. fell slightly more, - by 1.3%.

The Reserve Bank of Australia decided to raise the interest rate by 50 points to 1.35-1.85% per annum. This is the third time the rate has been increased in order to combat rising inflation. In general, over three months, the central bank raised the base rate by 175 basis points. These rates are a record for the last almost 30 years.

The head of the RBA notes that the peak of inflation this year has not yet arrived and it will be at the level of 8%, and after reaching this value, it will begin to decline and reach the target level of 2-3% by 2024. Price growth in the second quarter amounted to 1.8% Q/Q and 6.1% Y/Y.

Among the S&P/ASX 200 components, Zip Co., Ltd. gained 8% and The a2 Milk, Co., Ltd. gained 6.8%.

At the same time, stock quotes of other companies in the country are declining: BHP Group, Ltd. and Rio Tinto Ltd. lost in price by 1.2% each.

Anastasia Kravtsova,
Experto analítico de InstaForex
© 2007-2025
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Cuando los mercados están agitados: el gas sube, el petróleo duda

La sesión de negociación en EE. UU. del martes trajo noticias interesantes para los participantes del mercado: los futuros de gas natural subieron repentinamente, mientras que el petróleo decidió tomarse

Natalia Andreeva 11:14 2025-03-19 UTC+2

El oro bate récords: $3.000 no es el límite

El metal amarillo comenzó la nueva semana con un tono positivo y hasta ahora mantiene ese ritmo. En este momento, el oro se cotiza ligeramente por encima del nivel redondo

Larisa Kolesnikova 07:30 2025-03-19 UTC+2

Mercados en pánico: Nasdaq se desploma un 1,71%, mientras el oro alcanza máximos históricos

Nvidia cae en medio del inicio de la conferencia anual de desarrolladores de software Tesla se desploma después de que RBC redujera su precio objetivo El oro alcanza un máximo

06:58 2025-03-19 UTC+2

¿Volverá el Bitcoin a los $90.000? Las esperanzas «alcistas» de la primera criptomoneda

El Bitcoin lucha actualmente por un lugar bajo el sol, defendiendo su estatus de primera criptomoneda. Actualmente, el activo estrella no pasa por su mejor momento, aunque muchos expertos

Larisa Kolesnikova 13:06 2025-03-10 UTC+2

Señales inquietantes: la mayor caída de precios en China y el Bitcoin se hundió hasta los $80 mil

Los futuros de Wall Street caen después de que Trump se negara a descartar riesgos de recesión Los precios de consumo chinos caen a un ritmo más rápido

07:29 2025-03-10 UTC+2

Estancamiento o crisis: Tesla cae, Nikkei marca un récord negativo, Dow y Nasdaq pierden posiciones

Tesla cae tras una opinión bajista de un bróker, según un informe. Kroger sube gracias a un optimista pronóstico anual de ventas. El índice japonés Nikkei cayó a su mínimo

11:36 2025-03-07 UTC+2

Trump vuelve a impulsar el crecimiento del BTC

El vertiginoso repunte de Bitcoin a principios de esta semana se debe a las declaraciones del presidente de EE. UU., Donald Trump, sobre la creación de una reserva de criptomonedas

Larisa Kolesnikova 07:32 2025-03-04 UTC+2

Bitcoin sin apuros: ¿Récords por delante?

Según observaciones de los analistas, actualmente Bitcoin se encuentra en un estado relativamente estable, pero no se apresura a actualizar sus máximos. En este contexto, los participantes del mercado muestran

Larisa Kolesnikova 08:36 2025-02-24 UTC+2

El sector tecnológico tambalea: el crecimiento de Analog Devices no salva la caída de Nikola

Nikola cae tras la solicitud de protección por quiebra. Analog Devices sube después de que los resultados del primer trimestre superaran las previsiones

12:05 2025-02-20 UTC+2

Gas, petróleo y sanciones: ¿quién es quién?

Sesión estadounidense: el gas sube, pero el petróleo no se queda atrás. Operadores, preparen las palomitas. Los futuros del gas natural subieron con fuerza el martes en la Bolsa Mercantil

Natalia Andreeva 11:24 2025-02-19 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.