Forex Analysis & Reviews: 27.10.2022 - Stock Asia does not show a...

27.10.2022 11:36 PM

Stock Asia does not show a single direction

Stock Asia did not show a single direction on Thursday. Some indicators showed a slight decrease, among them: Chinese Shanghai Composite and Shenzhen Composite, decreased by 0.5% and 0.01% each, as well as the Japanese Nikkei 225, which lost 0.19%. At the same time, other indicators were growing: the Australian S&P/ASX 200 gained 0.55%, the Korean KOSPI added 1.47%, and the Hong Kong Hang Seng Index - 1.4%.

Such a multidirectional movement is observed due to the fact that there are no significant phenomena that could have a significant impact on all indices.

However, it should be noted that investors were waiting for the results of the European Central Bank meeting. Most experts predict that the ECB has decided to raise the discount rate by 0.75% to 2%. Also, some investors fear that more radical monetary policy measures may negatively affect economic growth in the region.

In addition, the release of the primary assessment of US economic growth for the third quarter of this year is expected. Experts believe that GDP growth should be 2.4% after the previous decrease of 0.6% in the second quarter.

In China, there is a decrease in the total profit of the largest industrial companies by 2.3% over the past nine months of this year compared to the same period last year. The combined income of these enterprises amounted to 62.44 trillion yuan (or 8.7 trillion US dollars). For comparison: the decrease in this indicator for January-August was 2.1%.

Among the components of the Hong Kong indicator, JD.com Inc. gained 8.2%, Budweiser Brewing, Co. APAC, Ltd., increased by 6.3%, and Alibaba Group Holding, Ltd., increased by 5%. These stocks showed the greatest price growth.

Thanks to the good results of the financial statements for the last quarter, the share price of WuXi AppTec, Co. increased by 6%.

Despite the fact that Tsingtao Brewery, Co. managed to increase revenues in the third quarter, they fell short of market forecasts, as a result of which the company's shares lost 7% in price.

Among Japanese companies, the biggest price declines were Canon, Inc., which fell by 6%, Concordia Financial Group, Ltd., which lost 5.2%, and Chiba Bank, Ltd., which fell by 5%.

Due to the improvement in the forecast of financial indicators of Hitachi Construction Machinery, Co. for 2022 and good results for the first six months of the financial year, the company's stock prices increased by 4.9%.

According to preliminary data from the central bank of South Korea, the country's economy showed growth of 3.1% last quarter, which exceeded the forecasts of experts who expected an increase of 2.8%.

Despite the decrease in the net profit of Samsung Electronics, Co. by 24% in the third quarter, caused by a decrease in demand for products (chips), the company's shares gained 0.5% in price.

In addition, a slight increase in quotations was demonstrated by the securities of Kia, Corp., which rose by 0.6%, and Hyundai Motor Co., which gained 0.3%.

The growth of the Australian indicator was facilitated by an increase in the share price of the country's largest enterprises: BHP shares rose by 2.4%, and Rio Tinto by 0.8%.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

If you have any content questions, please contact editorial-board@instaforex.com

News

Anastasia Kravtsova,
Analytical expert of InstaForex
© 2007-2025

该作者的更多文章

EURUSD

Euro vs US Dollar

选择时间框架

分钟

小时

天

周

开始交易

通过InstaForex赚取加密货币汇率变动的收益。

下载MetaTrader 4并开启您的第一笔交易。

推荐文章

4月11日美國市場新聞摘要

市場如過山車：S&P 500 下跌 3%，黃金創下歷史新高

比特幣在關稅動盪擾亂全球市場中掙扎尋求支撐

4月10日美國市場新聞摘要

為什麼在人民幣貶值和美國期貨下跌的情況下，股票卻在上升？

4月9日美國市場新聞摘要

多米諾效應：美國關稅衝擊市場，投資者拋售美元與債券

「黃金」預測：黃金價格將達到 $3,500，$3,700——越來越高？

市場如同坐過山車：道瓊指數暴跌，黃金上漲，特朗普使投資者緊張不安

4月8日美國市場新聞摘要

Top analytics