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Tokyo, Shanghai, and Shenzhen Stock Exchanges Start with a Positive Note: Latest Updates and Analysis

Finance

The indices of Tokyo, Shanghai and Shenzhen start with a plus sign

2′ reading

The Tokyo Stock Exchange ended the session with a sustained increase, driven by purchases in the technology sector, with investors looking at indications from inflation in the United States, in view of the Federal Reserve meeting at the end of the month. At the close, the Nikkei reference index recorded an increase of 1.75% to 32,494.66, and an increase of 558 points. On the foreign exchange market, the yen is once again devaluing against the dollar, to a level of 149.10, and to 158.50 against the euro.

China also did well. The Hong Kong Stock Exchange opens the session with strong gains: the Hang Seng index rises by 2.04% in the early stages, reaching 18,258.26 points. Mainland Chinese markets open the session with good gains: the Shanghai Composite index rises by 0.74%, to 3,101.71 points, while that of Shenzhen marks an increase of 0.48%, to 1,915.98.

Wednesday October 11th was one day marked by volatility, in the wake of the dynamics of the conflict in Israel and inflationary pressures. However, the price lists confirmed their recovery for the second consecutive session. The FTSE MIB +0.35% closed on the rise supported by the banks, the DAX 40 +0.23% in Frankfurt was just above parity, the CAC 40 -0.43% in Paris was further behind with the collapse of LVMH driving the entire European luxury sector is down. The IBEX 35 +0.08% in Madrid, the AEX -0.15% in Amsterdam and the FTSE 100 -0.10% in London were weak. Wall Street closed positive. The Dow Jones rose by 0.19% to 33,804.55 points, the Nasdaq advanced by 0.71% to 13,659.68 points while the S&P 500 achieved an increase of 0.43% to 4,376.94 points .

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2023-10-12 07:07:25
#Stock #market #Asia #starts #positive #waiting #inflation

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