Chinese stock indices are falling in trading on Tuesday. The rest of the stock markets of the largest countries in the Asia-Pacific region (APR) traded in positive territory.
The Japanese Nikkei 225 index rose by 1.2% by 8:10 Moscow time.
Among the components of the index, the shares of NEC Corp. (+6.4%), industrial equipment manufacturer Mitsubishi Heavy Industries Ltd. (+5.2%) and Sumitomo Osaka Cement Co. Ltd. (+5%).
Unemployment in Japan in July remained at the June level of 2.6%, according to the data of the Ministry of Internal Affairs and Communications of the country. The indicator coincided with the average forecast of analysts surveyed by Trading Economics, and has been at this level for the third month in a row.
The number of unemployed decreased by 2.2% compared to July last year, to 1.76 million people, while the number of employed remained unchanged at 67.34 million people.
The Chinese Shanghai Composite index fell by 0.6% by 8:20 Moscow time, the Hong Kong Hang Seng fell by 1%.
In Hong Kong, Alibaba Health Information Technology Ltd. (-4.4%), biological Wuxi Biologics (Cayman) Inc. (-2.9%), PC manufacturer Lenovo Group Ltd. (-2.6%) and technological Meituan (-2.1%).
The market capitalization of real estate developer Country Garden Holdings Co. falls by 3.5%. The company’s net profit in January-June fell by 96%, adjusted – by 68% amid the crisis in the real estate sector in China.
Stock quotes of the investment CITIC Ltd. grow by 1.5% after the publication of financial statements for the first half of the year. The company’s net profit increased by 13%.
The South Korean index Kospi by 8:25 Moscow time rose by 0.9%.
Shares of one of the world’s largest manufacturers of chips and consumer electronics Samsung Electronics Co. grow by 0.3%, automaker Hyundai Motor Co. – by 3.7%.
The Australian S&P/ASX 200 rose 0.7%.
Paper Medical Healius Ltd. increase in price by almost 4%. The company’s net profit in the past financial year jumped 7 times.
The state-owned Ukrgasbank (Kyiv) repaid ahead of schedule UAH 1 billion of refinancing received from the National Bank of Ukraine (NBU) this year, the bank’s press service reported on Tuesday.
“On August 30, the state-owned Ukrgasbank made an early repayment of a refinancing loan in the amount of UAH 1 billion received from the NBU this year. The repayment was due to the positive dynamics of attracting funds from legal entities and individuals in August this year,” the report says.
JSB “Ukrgasbank” was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.
According to the data of the National Bank of Ukraine, as of July 1, 2022, Ukrgasbank ranked 5th (UAH 139.671 billion) in terms of total assets among 68 banks operating in the country.
Stock indices of the largest countries of Western Europe are growing at the auctions on Tuesday, winning back the fall the day before.
The composite index of the largest companies in the region Stoxx Europe 600 by 11:20 pm increased by 0.87% and amounted to 426.32 points.
The German DAX index rises by 1.4%, the French CAC 40 – by 1.2%, the British FTSE 100 – by 0.6%. The Italian FTSE MIB and the Spanish IBEX 35 are up 1.5% and 1% respectively.
Consumer prices in Spain, harmonized with EU standards, increased by 10.3% in annual terms in August, preliminary data from the Spanish statistical office INE showed. Inflation slowed down from 10.7% in July and was below the 10.4% forecast by analysts polled by The Wall Street Journal.
The slowdown in consumer prices is associated with a slowdown in the rise in energy prices, the INE report notes.
On a monthly basis, consumer prices in the country rose by 0.1% in August. In the previous month, prices decreased by 0.6% compared to June.
Among the growth leaders in the Stoxx 600 are the shares of the Norwegian IT company Adevinta ASA (+13.8%), the Danish manufacturer of diagnostic equipment Ambu A/S (+7%), the British footwear manufacturer Dr. Martens PLC (+5%) and French digital Atos SE (+4.7%).
The drop leaders in Europe are shares of mining and energy companies, including Polymetal International PLC (-3%), Orron Energy AB (-2.8%), Dino Polska S.A. (-2.3%), Equinor ASA (-2%), Antofagasta PLC (-1.9%) and BHP Group Ltd. (-1.8%).
Moldovan state company Energocom will buy 10 million cubic meters of natural gas for $16.6 million from Moldovagaz, which gets gas from Russia’s Gazprom, Deputy Prime Minister and Infrastructure and Regional Development Minister Andrei Spinu said on his Telegram channel, citing a decision made by the country’s National Commission for Emergency Situations.
“This transaction will also enable Moldovagaz to pay the advance for August by September 1,” Spinu said.
It was reported earlier that the the National Commission for Emergency Situations, which is chaired by Prime Minister Natalia Gavrilita, had ordered state company Energocom to buy 10 mcm of natural gas for storage in Romania.
The gas will be purchased and delivered under a framework EFET (European Federation of Energy Traders) type purchase-sale contract between Energocom and Moldovagaz, the government’s press service told Interfax.
For the first tranche of 5 mcm, the purchase price will be about $1,459 per 1,000 cubic meters. The second tranche of the gas purchase will be made in September at a price of $1,881 per 1,000 cubic meters.
The gas will be stored in neighboring Romania, as Moldova does not have its own gas storage facilities.
Moldovagaz was unable to pay an advance to Gazprom for supplies in August and the Russian company agreed to defer the payment to September 1. Moldovagaz said that current gas rates in the country do not cover its purchase price.
The commission also decided to allocate MDL 322 million from the state budget to increase Energocom’s charter capital.
Foreign Minister Dmytro Kuleba invited Swedish businesses to resume their activities in Ukraine, in particular, the production and retail trade group IKEA, which has suspended operations since February 24.
“I call on Swedish businesses to actively explore and resume operations in Ukraine. For instance, Scania Group is already increasing business activities. Others should follow suit,” he said on Twitter.
Especially, IKEA which has abandoned six Ukrainian factories since February 24.
“Time to come back!” the Foreign Minister said.
Number of dead and wounded civilians in Ukraine as a result of military actions from 24.02.2022 according to un data (per)
Data: UN
