Asia Pacific Stock Markets Traded In Positive


The leaders of growth are shares of Mitsui O.S.K. Lines Ltd. (+ 11%), Kawasaki Kisen Kaisha Ltd. (+ 8.5%) and Nippon Yusen K.K. (+ 8.3%).

Asia's largest apparel retailer Fast Retailing rose 0.3%, consumer electronics manufacturer Sony - 1.4%, investment and technology SoftBank Group - 1.8%.

Shares of Japanese manufacturers of household appliances and electronics Panasonic Corp. add 2.5% to the price.

By 8:26 GMT + 2, the Chinese Shanghai Composite index rose 1.4%, the Hong Kong Hang Seng - 1.2%.

Over the past Sunday, the number of new cases of COVID-19 infection inside China, despite the measures of the authorities, increased by 55, the State Health Committee of the People's Republic of China said on Monday. According to him, 53 such cases were identified on Saturday. In total, over Sunday, the number of infected people in China increased by 98 people, 43 of them came from abroad.

Infected inside the country recorded in the provinces of Jiangsu, Hunan, Hubei, Shandong, Henan, Hainan, Yunnan and Beijing. Experts attribute the increase in the number of cases to the spread of the delta strain.

The authorities in Nanjing, with a population of over 9.3 million, have placed hundreds of thousands of people in isolation. As Channel News Asia reported on Sunday, the Chinese authorities, in an attempt to cope with the new outbreak of COVID-19, the source of which were workers at Nanjing airport, are checking millions of people for the possible presence of coronavirus.

China's Purchasing Managers' Index (PMI) by Caixin Media Co. and Markit, in July fell to the lowest since April 2020 amid rising incidence of COVID-19. The indicator dropped to 50.3 points from 51.3 points a month earlier. Experts on average expected it to drop to 51 points, according to data from Trading Economics. A PMI reading above 50 points indicates an increase in activity in the sector, below it indicates a weakening.

The most significant growth during trading on the Hong Kong Stock Exchange is shown by BYD Co. Ltd. (+ 6.1%), China Resources Land Ltd. (+ 5.6%) and Country Garden Holdings Co. Ltd. (+ 4.3%).

Internet company Meituan is up 1.4%, online retailer Alibaba Group is up 1.5%, consumer electronics maker Xiaomi Corp. - by 2.2%.

Meanwhile, the price of shares of the Internet giant Tencent Holdings is reduced by 1.3%.

South Korean Kospi index by 8:30 GMT +2 time rose by 0.5%.

The market value of one of the world's largest chip manufacturers, Samsung Electronics Co. grew by 0.9%, carmaker Hyundai Motor - also by 0.9%.

Australia's S & P / ASX 200 rose 1.3% by 8:31 GMT +2.

Mining BHP is up 0.2%, while Rio Tinto is down 0.2%.

The material has been provided by InstaForex Company -

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