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Asian shares decline as tech names take a tumble

Allocates of Nomura Holdings were down 3.58 percent, underperforming other financials, after the presence announced third-quarter earnings on Thursday. Net income for the quarter rose about 25 percent on year to 88 billion yen ($804.8 million).

Penchant in the benchmark index came as the country’s central bank attempted to bring to a stop the rise in Japanese bond yields by offered to purchase an unlimited amount of long-term Japanese rule bonds, Reuters reported.

Across the Korean Strait, the Kospi level 1.52 percent as declines in blue chip tech names pilot the index lower. Samsung Electronics lost 3.49 percent, SK Hynix declined 2.55 percent and Samsung SDI demolish 4.8 percent following the release of tech earnings stateside overnight.

Gigantic China markets saw slight declines. Hong Kong’s Hang Seng Pointer was off by 0.05 percent in the morning. Financials were mostly in negative area: HSBC slipped 0.18 percent and Bank of China eased 0.85 percent. The vigour space saw some gains, with CNOOC trading higher by 1.99 percent.

Apple suppliers AAC Technologies and Light-hearted Optical rose 6.46 percent and 4.81 percent, respectively, check up on the U.S. tech giant’s expectation-topping quarterly results.

On the mainland, the Shanghai composite slid 0.51 percent after soul-stirring its lowest levels in two weeks on Thursday. The index has fallen for the past four consecutive sittings. Meanwhile, the Shenzhen composite was lower by 0.1 percent. Banks transacted lower, as did property stocks.

Down Under, the S&P/ASX 200 was the sole clever spot in the region, edging higher by 0.25 percent. The energy and gold sectors were sum total the best-performing in the early going, climbing 1.66 percent and 1.6 percent, singly. The heavily-weighted financials sub-index edged up 0.36 percent.

On the earnings candid, notable names due to report results include Sony, Honda Motor and Mitsubishi UFJ Fiscal Group.

U.S. stocks ended the last session mostly lower go a session of choppy trade, which also saw bond yields climb. On Thursday, the accede on the 30-year Treasury bond crossed the 3 percent level for the first be that as it may since May while the 10-year yield rose as high as 2.792 percent.

The Dow Jones industrial so so edged up 0.14 percent, or 37.32 points, to close at 26,186.71. Other foremost indexes eased slightly.

Investors stateside also digested the Thursday rescue of lower-than-expected fourth-quarter U.S. productivity figures. Ahead, markets will be keeping an eye on the circulate of U.S. nonfarm payrolls numbers due during U.S. hours.

The dollar held onto overnight rallies against the yen to trade at 109.44 at 10:02 a.m. HK/SIN.

The dollar index, which follows the greenback against a basket of currencies, continued to trade below the 89 fondle amid strength in the euro. The dollar index last stood at 88.720. For now, the common currency, which rose above the $1.25 level overnight, was a operation softer at $1.2497.

Meanwhile, oil prices extended gains: U.S. crude futures rose 0.44 percent to business at $66.10 per barrel. Brent crude gained 0.22 percent to business at $69.80.

New York-listed Alibaba announced Thursday that third-quarter revenue hillock 56 percent, which was above what analysts were predicting. The e-commerce giant said in a statement that it would take on a 33 percent delimit in its payments arm, Ant Financial.

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