As investors anticipated the US jobs report for August, a crucial signal before the Federal Reserve’s next interest rate decision later this month, Asia-Pacific markets were neutral on Friday.

South Korea’s consumer price index rose 5.7 percent in August from a year earlier, missing expectations for a 5.7 percent increase and falling short of the 6.1 percent forecast by analysts in a Reuters poll.

Japan was broadly unchanged at 27,650.84, and the Topix index fell 0.27 percent to 1,930.17. Hong Kong Hong Kong Index

The Hang Seng Technology Index fell 1.28% and 0.66% in the last trading hour.

S&P/ASX 200 in Australia

It fell 0.25% to 6828.70. KOSPI

Korea lost 0.26% to 2409.41 and KOSDAQ closed 0.31% lower at 785.88.

General Shanghai Mainland China

Some 3186.48 and the Shenzhen sector will increase

It decreased slightly and reached 11702.39.

MSCI’s broader Asia-Pacific index outside Japan fell 0.52 percent.

American crude oil

and Brent crude oil

Substantial profits on afternoon trades, over 2% each.

Quote company name change price % change


Nikkei 225 index * NIKKEI 27650.84 -10.63 -0.04


Hang Seng Index *HSI 19452.09 -145.22 -0.74


S&P/ASX 200 *ASX 200 6,828.7 -16.9 -0.25


Shanghai * Shanghai 3186.48 1.5 0.05


KOSPI index *KOSPI 2409.41 -6.2 -0.26


CNBC 100 Asia IDX *CNBC 100 7775.5 -62.5 -0.8

According to Dow Jones, economists expect 318,000 jobs to be added in August, up from 528,000 in July. It is advised that the unemployment rate stays at 3.5 percent.

Tapas Strickland, the economist at the National Australian, said: “All the focus is on wages tonight as the [Wesp] figures are higher than expected.” Bank, wrote in Friday’s note.

The Dow Jones industrial average rose 145.99 points, or 0.5 percent, to close at 31,656.42 overnight. The S&P 500 rose 0.3% to 3,966.85 and the Nasdaq Composite fell 0.3% to close at 11,785.13.

Asia ahead of US job change

Shares in the Asia Pacific were flat on Friday, and investors were looking at US August trades.

The Nikkei 225 fell 10.63 points and closed the week at 27,650.84.

Yesterday, the Japanese yen fell to 140 yen against the dollar, making it the lowest price since 1998. At the beginning of Asia, the currency reached 140.25 per dollar.

In Hong Kong, Hansen fell 357.08 points, or 1.8%, to 19,597.31.

Hong Kong and Macau casino stocks rose shortly after the gaming industry reported a 50.7% year-over-year decline in gambling revenue.

Casino stocks rose slightly, with MGM China up 1.27%, Wynn Macau up 1.07%, Sands China up 0.47%, and Galaxy Entertainment up 0.7%.

The Hong Kong-listed Chinese electric car maker fell in early Asian trading after Li Auto and Xpeng announced that they had dropped their shipments in August.

Shares of Xpeng are down more than 4.5% and Li Auto is down 1%. Both startups report that the number of vehicles in August is down year-on-year. It agreed to its share in the US listings.

Hong Kong’s Nio stock fell 1.8% after US-listed Nio fell more than 5%.

Korea’s consumer price index rose more slowly than expected, lower than analysts’ expectations in a Reuters poll of 6.1%, up 5.7% from the same period last year.

in other markets

  1. In Shanghai, the CSI 300 fell 20.13 points (0.5%) to 4023.61.
  2. In Taiwan, Taiex fell 128.82 points (0.9%) to 14,673.04.
  3. In Korea, the Kospi fell 6.2 points (0.3%) to 2409.41.
  4. In Singapore, the Financial Times index rose 18.39 points, or 0.6%, to 3205.69.
  5. Australia’s ASX 200 fell 16.89 points (0.3%) to 6828.71.
  6. In New Zealand, the NZX rose 18.42 points (0.2%) to 11,628.25.

By bemaad

Leave a Reply

Your email address will not be published. Required fields are marked *