empty
09.02.2021 12:42 PM
Asia-Pacific stocks reported a rise with several exceptions

This image is no longer relevant

The stock markets of the Asia-Pacific region exhibited growth in all directions on Tuesday. The major stock indexes are increasing their positions following their counterparts from overseas. Recall that the US indexes are also growing rapidly and breaking record after record. However, there are laggards in Asia: these include the Australian indicator, which remains in the negative zone for the time being.

The main positive wave, which significantly strengthens the confidence of market participants and makes them hope that the growth will be prolonged, comes from corporate reporting. Large companies are gradually publishing the results of their work for the past year and the beginning of this year. The best part is that most of the problematic issues were successfully overcome, and the indicators were higher than those predicted in advance by analysts and experts.

Also, stock markets are well supported by statistics on the increase in the number of new coronavirus infections. According to the latest data, the number of patients, albeit not so rapidly, is going downward, which is already pleasing to investors who are watching this indicator with particular passion.

Mass vaccination against COVID-19, which is gradually gaining momentum, is also important. This fact is also positive.

And finally, the expanded program of financial assistance in the United States of America, which is preparing for release soon, causes no less joy to market participants. The whole world literally looks forward to this long-awaited event.

Japan's Nikkei 225 Index rose 0.4%. An additional supporting factor here was the news that the country's government is considering the option of allocating a cash tranche to restore and maintain economic growth after the devastating impact of the coronavirus pandemic in most industries. The total amount of the financing package is to amount to 1.14 trillion yen, and it is planned to take it from the reserve funds.

China's Shanghai Composite Index rose 1.6% at once. The Hong Kong Hang Seng Index supported the positive trend and gained 0.3%.

South Korea's KOSPI index rose slightly by 0.03%, but the very fact of a positive change is already indicative.

The Australian S&P / ASX 200 index was the only one that showed negative dynamics which fell 0.9%.

Maria Shablon,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for April 03

Futures plunge after new tariffs: Nike and Boeing hit hardest. Fear index rises US stock markets opened April sharply in the red. Donald Trump announced an increase in tariffs

Irina Maksimova 13:24 2025-04-03 UTC+2

Markets on edge as Trump imposes 10% tariff on imports, gold and euro soar

Trump announces 10% basic tariff on all imports in keynote speech Gold at record high, yen jumps, bonds rise Indices rise ahead of speech: Dow 0.56%, S&P 500 0.67%, Nasdaq

Thomas Frank 10:55 2025-04-03 UTC+2

$10 billion: cost of mistake. J&J again under spotlight

Balance sheet indicators are in turmoil. Airline stocks are falling. J&J is also sliding. Big gains for recent IPO names CoreWeave and Newsmax. Indices: Dow down 0.03%, S&P

14:26 2025-04-02 UTC+2

US Market News Digest for April 02

Johnson & Johnson faced a serious setback when a judge rejected a $10 billion settlement over talc claims, causing the company's stock to plummet by 7.6%. Market participants have

Natalia Andreeva 12:44 2025-04-02 UTC+2

$10 Billion: The Price of Mistakes? J&J Back in Legal Storm

Balance Sheets Survive Day Ahead of Trump Tariff Event Airlines Slip After Jefferies Downgrades Forward J&J Slips After Judge Rejects $10 Billion Baby Powder Settlement Big Gains for Recent

Thomas Frank 08:02 2025-04-02 UTC+2

Q1 2025: Markets witness biggest rate drop since 2022

S&P, Nasdaq post worst month since December 2022 Biggest quarterly interest rate drop: S&P since Q3 2022, Nasdaq Q2 2022 Trump tariff uncertainty weighs on markets in Q1 Trump

Thomas Frank 12:03 2025-04-01 UTC+2

US Market News Digest for April 1

US stock indices closed the trading session with mixed results: the S&P 500 rose by 0.55%, while the Nasdaq 100 lost 0.14%. The reason for this uncertainty is the potential

Ekaterina Kiseleva 11:37 2025-04-01 UTC+2

Gold shines in crisis: best quarter since 1986 amid global turmoil

The Nikkei drops 4% and Nasdaq futures fall 1.4%. Trump signals US tariffs will target all countries. Gold posts its best quarter since 1986, while the dollar heads

12:51 2025-03-31 UTC+2

US Market News Digest for March 31

The US market kicked off the week with a broad-based sell-off, driven by rising talk of retaliatory trade tariffs and deteriorating consumer confidence. Investors are bailing out of stocks

Irina Maksimova 12:16 2025-03-31 UTC+2

Gold: The New Crisis King? Best Quarter Since 1986 Amid Global Turmoil

Nikkei Falls 4%, Nasdaq Futures Fall 1.4% Trump Says U.S. Tariffs Will Apply to Every Country Gold Has Best Quarter Since 1986 Dollar Heading for Worst First Quarter Since Global

Thomas Frank 09:35 2025-03-31 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.