—– The Nikkei index in Tokyo fell slightly. Export stocks fell, including automakers’ shares, after the yen rose against the dollar to the highest level in about a month. The biggest losers were led by Unitika-7.98%, Dentsu Inc.-6.39%, and Oki Electric Industry-5.77%. Mitsubishi Estate (+5.08%), Mitsui Fudosan (+3.40%), and Daiichi Sankyo (+3.12%) were among the biggest gainers.
The Nikkei Index closed at 26,677.80, down 70.34, or -0.26%.
—– The S&P/ASX 200 in Sidney closed higher. This was due to strong buying in mining stocks despite global equity markets weakening on concerns about supply chain issues and a global recession. Top gainers included Costa Group Holdings Ltd+8.59%, Nufarm+5.61%, and Perseus Mining+4.53%. On the other hand, the biggest losers were led by Pro. Medicus Ltd-5.83%, Elders-5.80%, Pointsbet Holdings-5.56%.
The S&P/ASX 200 index closed at 7,155.20, up 26.40, or +0.37%.
The All Ordinaries Index closed at 7,391.70 points, up 18.50 points, or +0.25%.
—– South Korean stock index rose, led by Samsung Publis+29.87%, Kumho Electric+26.56%, Moorim Paper+18.41%. Shares of companies that fell were led by IIjin Materials-10.97%, Ihg-6.85%, and Kp-5.67%. Investors remain concerned about inflation and the economy.
The South Korean Stock Exchange Composite Index (KOSPI) closed today at 2617.22, up 11.35, or 0.44%.
—– The Shanghai Composite Index closed higher. This was due to investors sending buy signals in late trading after Chinese authorities pledged to take stimulus measures. Top gainers included Shandong Shanda Oumasoft+19.99%, Wuhan Golden Laser+19.96%, and Shanghai New Culture Media Gr+19.88%. The biggest losers were Hubei Wuchangyu-61.86%, Lawton Develop-60.10%, and Zhongxing Tianheng Energy Technology Beij-59.04%.
The Shanghai Composite Index closed at 3,107.46, up 36.54, or +1.19%.
—– The Hang Seng Index in Hong Kong closed higher. Investors are paying attention to the minutes of the Federal Reserve (Fed) May meeting, which will be released today (US time). Among the biggest gainers were Glory Fiame (+66.67%), Legion Consortium (+39.09%), and Good Fellow Healthcare Holdings (+37.25%). On the negative side, DaFa Properties Group-66.19%, Progressive Path-32.22%, and SDM-32.08%.
The Hang Seng Index closed at 20,171.27, up 59.17, or +0.29%.
—– The volatility of the Thai stock market was leading in the morning when it rose in line with other stock markets in Asia. In the afternoon, the index turned negative. Investors lowered their risks ahead of the release of the FOMC minutes this evening. The biggest losers were Sin Munkong Insurance-29.83%, TWZ-11.11%, and Waropakorn-9.38%. The positive side was led by New City Boutique+29.65%, New City+29.57%, and Securities Company AEC+15.00%.
The SET closed today at 1625.18 points, down 1.05 points or -0.06%.
—– India’s Sensex index fell more than 300 points Wednesday for the third straight session as shares of Indian sugar companies fell. The government’s announced cap on sugar exports led to a fall in sugar stocks yesterday. As a result, the biggest losers were Dalmia Bharat Sugar & Industries (-15.31%), MAGADHSUGAR (-9.78%), Dwarikesh Sugar Industries (-9.60%), Uttam Sugar Mills (-9.29%), Balrampur Chini Mills (-8.85%), DCM Shriram Industries (-7.91%) and AVADHSUGAR (-7.76%).
The S&P BSE Sensex index closed at 53,749.26 minus 303.35 points or 0.56%.