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 May 2

US equity indices continue to climb despite lingering economic uncertainty. Investor optimism is being driven by expectations of progress in trade talks between the US and China. Nevertheless, ongoing economic

Ekaterina Kiseleva 13:14 2025-05-02 UTC+2

US Market News Digest for May 1

The US stock market weathered notable volatility in April, but a successful rally helped major indices recoup losses. Despite data showing a 0.3% contraction in US GDP for the first

Ekaterina Kiseleva 11:54 2025-05-01 UTC+2

Feast in the Storm: S&P 500 Celebrates Gains as Dollar Drowns and China Weakens

S&P 500 Posts Sixth Straight Day of Gains Oil Falls More Than 1% China Manufacturing Activity Plummets as Trump Tariffs Continue to Squeeze Dollar Set for Worst Month

Thomas Frank 12:09 2025-04-30 UTC+2

US Market News Digest for April 30

US stock indices remain on a positive trajectory, but market pressure has intensified due to a sharp drop in Super Micro shares and the upcoming earnings reports from tech heavyweights

Ekaterina Kiseleva 11:13 2025-04-30 UTC+2

Stock markets regaining optimism. Where to find new entry points

European stocks rose amid hopes of easing trade tensions between the US and China. WTI oil fell by 1.54% to $62.05, while Brent declined by 1.51% to $65.86

12:42 2025-04-29 UTC+2

US Market News Digest for April 29

The S&P 500 and Nasdaq continue to climb, maintaining their upward momentum despite mixed performances across other sectors. Softer rhetoric from the Trump administration and expectations of further tariff relief

Ekaterina Kiseleva 11:59 2025-04-29 UTC+2

Optimism returns to the markets: where to look for new growth points

European stocks rose amid hopes for a reduction in trade tensions between the US and China. WTI oil fell by 1.54% to $62.05, Brent by 1.51% to $65.86

Thomas Frank 10:42 2025-04-29 UTC+2

US Market News Digest for April 28

The S&P 500 and Nasdaq ended the previous trading session higher, defying choppy performance across Asian and European exchanges. Investors are now focused on the upcoming economic data and earnings

Ekaterina Kiseleva 11:31 2025-04-28 UTC+2

Trump's first 100 days behind us: Markets await tariffs, earnings from giants

Trump policy summaries European stocks rose on Monday after a second straight weekly gain Investors are eyeing tariff changes, as well as a busy week of earnings and economic data

Thomas Frank 11:22 2025-04-28 UTC+2

Wall Street surges: Nasdaq soars 2.74% as tech stocks drive market higher

Procter & Gamble and PepsiCo fell after cutting forecasts, while Hasbro and ServiceNow jumped following their earnings reports. March durable goods orders surged more than expected. Alphabet beat revenue expectations

12:52 2025-04-25 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.