East Asia Market Report – Jan. 11, 2019

Regional markets finished the trading week on a high note with the leading indexes all showing gains.

Japan’s Nikkei 225 led the way, up just shy of 1%.  The index gained 195.90 points for a closing mark of 20,359.70 (+0.97%) Olympus Corp was the index’s top performing stock, up 360.0 to close at ¥4,005.0 (+9.88%) per share.  The index’s worst performing stock was supermarket/retail store operator Aeon Co., Ltd – down 96.5 to close at 2,100.5 (-4.39%).

The China A50 index (a mix of A shares from the Shanghai and Shenzhen stock exchanges) also hovered around the +1 percent mark, up 100.64 for a close of 10,700.29 (+0.95%).  The Shanghai SE Composite/SHCOMP (+0.74%) and the SZSE Component (+0.61%) also showed gains.

Hong Kong’s Hang Seng closed its trading day at 26,667.27, bettering Thursday’s closing number by 145.84 (+0.55%).  This marked the index’s 6th consecutive winning session.

The Hang Seng’s best performer was AAC Technologies Holdings Inc., upping its value 2.20 to close at HK$46.20 (+5.00%). 

The index’s worst performer was yesterday’s best.  Sino Biopharmaceutical Ltd slid back from yesterday’s gain of over 11 percent, losing 0.22 to close at HK$5.45 (-3.88%).

Rounding out the region, Vietnam’s HNX (+0.09%) and the Ho Chi Minh Stock Index (+0.49%) saw slight gains.  Taiwan’s TAIEX (+0.40%) and the TWSE Taiwan 50 (+0.87%) also gained ground, as did Busan’s KOSPI, up 12.29 to close at 2,075.57 (+0.60%).

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