Stocks in the Asia-Pacific region dropped Tuesday, Jan. 31, with the Hong Kong market declining for the second day.
Hong Kong stocks weakened, with the Hang Seng Index
HK:HSI
down 1.0% at 21,842.33, while the Nikkei 225 Index
JP:NIK
of Japanese companies dropped 0.4% to 27,327.11.
The Shanghai Composite Index
CN:SHCOMP
of Chinese companies weakened 0.4% to 3,255.67, and The FTSE Straits Times Index
SG:STI
of Singapore stocks dropped 0.4% to 3,365.67. South Korea’s KOSPI Composite Index
KR:180721
dropped 1.0% to 2,425.08, while Australia’s S&P/ASX 200 Benchmark Index
AU:XJO
declined 0.1% to 7,476.70.
Among the Hang Seng Index constituents, real estate services/transactions company Hang Lung Properties
HK:101
saw the largest decrease in Hong Kong, as shares weakened 5.3% on Tuesday.
Shares of pharmaceuticals firm Sino Biopharmaceutical
HK:1177
and real estate services/transactions company New World Development
HK:17
fell 5.0% and 4.5%, respectively.
Shares of passenger cars company BYD Co Ltd
HK:1211
saw the largest increase in Hong Kong on Tuesday, as shares gained 2.3%.
Shares of e-commerce firm Xiaomi
HK:1810
and portable power tools company Techtronic Industries
HK:669
increased 1.7% and 1.7%, respectively.
Of the Nikkei 225 Index constituents, aluminum company Nippon Light Metal Hldgs
JP:5703
saw the largest decrease Tuesday, as shares fell 6.3%
Shares of pharmaceuticals firm Daiichi Sankyo
JP:4568
and banking company Resona Holdings
JP:8308
dropped 4.9% and 3.2%, respectively.
Also in Japan, electric power distribution company Chubu Electric Power
JP:9502
saw the largest increase Tuesday, as shares rose 8.6%.
Shares of gas utilities firm Tokyo Gas
JP:9531
and electric power generation company Tokyo Electric Power
JP:9501
gained 7.3% and 3.9%, respectively.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Credit: marketwatch.com