Home » Asian Stock Market Outlook (April 22): Sumitomo Metal Mining Co -5.52%, Pacific Metals -5.15% and Nissan -4.90%
Asian markets closed the week in red due to uncertainties related to the BoJ and Chinese Lockdown.
With all the major indexes down between 0.2% and 2% and major stocks following the trend this friday has been dismal for Asian & Pacific markets.
The Japanese Nikkei 225 in decrement of 1.63% and the major loss reported from Sumitomo Metal Mining Co -5.52%, Pacific Metals -5.15% and Nissan Chemical Industries -4.90%. On an upward trend T&D Holdings, Dai-Ichi Life and Shionogi respectively up 1.06%, 1.59% and 1.65%.
The Hang Seng closed the day losing 0.21%. In a tizzy market we saw HKEX hiking to 335.60 +3.97% together with ANTA and Haidilao +3.58% and 2.95%. Tumbled of Galaxy Entertainment losing 3.39% and Tencent Holding -2.13%. Bank of China among the Market Movers with plus than 479.30M of volumes traded signing the Friday with a +0.32%.
Australian Market S&P ASX 200, followed the colleagues slipping of 1.57%, the worst stocks of the day were MEgaport Ltd -9.26% and Pointsbet Holding -7.42% followed by OZ Minerals -6.33%. Decent increment for Perent Global and Ramsay Health respectively +2.72% and +1.66%
Nifty Fifty bearish as well losing -1.27% with Hindalco Industries leading the red side slipped -4.83% and Hindustan Unilever -3.23%. Among the most traded also Coal India which traded more than 24.00M Stocks and lost -2.30%. Top gainers of the day for the Nift 50 have been Adani Ports +2.78%, Mahindra +1.06% and Maruti Suzuki +0.32%.
The formerly Jakarta Stock Exchange, now IDX Composite saw incredible volumes for Trisula Textile skyrocketing +11.96% and 984.65M. Outstanding results also for Trimitra Properties Primarindo Asia Infrastructures and Indah Prakasa Sentosa, respectively +33.78%, +24.55% and +24.21%. In red Global Sukses Solusi -9.86% and IDeA Indonesia -9.59% and Falmaco Nonwoven Industri PT -9.57%.