Stock indices of the largest states of the Asia-Pacific region on Thursday change without a single dynamics.
The People’s Bank of China injected 400 billion yuan ($57.9 billion) into the financial system as part of the medium-term lending program (MLF). At the same time, the rate on loans for a period of one year, issued under the MLF, was maintained at the level of 2.75% per annum.
Analysts also did not expect a change in the rate, notes Trading Economics.
China’s Shanghai Composite index fell 1.2% by 8:29 qoq, while Hong Kong’s Hang Seng added 0.4%.
The shares of developers Country Garden Holdings Co. have risen most significantly on the Hong Kong Stock Exchange. (+9.1%), Longfor Group Holdings Ltd. (+6.2%) and China Resources Land Ltd. (+5.9%).
In addition, quotes of insurer Ping An (+1.9%), oil CNOOC (+1.6%), Budweiser Brewing Co. APAC Ltd (+1.4%).
Meanwhile, shares of automakers Geely (-2.8%) and BYD (-1.7%) show a decrease in value.
The value of the Japanese index Nikkei 225 to 8:25 square meters increased by 0.2%.
Growth leaders include cosmetics company Shiseido (+2.1%), railway operator East Japan Railway (+2%), automotive Suzuki Motor (+1.8%) and Nissan Motor (+1.7%), manufacturer of game consoles Nintendo (+1.7%).
At the same time, the prices of papers of metal producers, including Toho Zinc Co., are falling. (-2.8%), Nippon Steel Corp. (-2.2%), Kobe Steel (-1.7%).
Japan increased exports in August by 22.1% compared to the same month last year. The rise was recorded following the results of the eighteenth month in a row.
Imports soared 49.9%, pushing the trade deficit to a record 2.817 trillion yen.
The value of the South Korean index Kospi to 8:25 q decreased by 0.3%.
Shares of one of the world’s largest manufacturers of chips and consumer electronics Samsung Electronics Co. fell 1.1%, while automaker Hyundai Motor added 0.25%.
The Australian S&P/ASX 200 rose 0.3% since the market open.
The market value of the world’s largest mining companies BHP and Rio Tinto increased by 0.5% and 0.2%, respectively. Oil companies Woodside Energy and Santos rose 4.4% and 3.5%.
Unemployment in Australia rose unexpectedly to 3.5% in August. A month earlier, it was at a record low of 3.4%, and analysts did not predict changes.
The increase in unemployment occurred for the first time in the last ten months.
