Asia Pacific Stocks Climbed, Japan’s TOPIX Led by 2.06%

Asia Pacific Stocks Climbed, Japan’s TOPIX Led by 2.06%

On Monday, August 2, Asia Pacific stocks climbed, led by Japan’s broader TOPIX Index, which rose 2.06% with a net gain of $39.23 at $1,940.31 per share.

This was followed by the Nikkei 225, which also increased 1.74% with a net addition of $474.85. This sent the stocks higher to $27,758.44 per share.

Its best performers include Mitsui OSK Lines Ltd, which spiked 10.62% or 600.00 points to $59.69 per share.

Then, Kawasaki Kisen Kaisha Ltd followed its lead by gaining 9.14% or 340.00 points to $37.00 per share.

Additionally, Nippon Yusen KK also soared 8.50% or 500.00 points to $58.15 per share.

In Hong Kong, the Hang Seng Index improved 0.97%, with a net increase of $252.12. This sent the stocks above at $26,231.15 per share.

BYD Co Ltd led its gains by 8.70% or 20.80 points to $33.41 per share. It was followed by China Resources Land Ltd, which also ameliorated 5.00% or 1.30 points at $3.51 per share.

Also, Hong Kong Exchanges & Clearing Ltd progressed 4.33% or 21.50 points to $66.55 per share.

Moreover, China’s Shanghai Composite Index and Shenzhen Component Index both smashed 1.82% or 61.82 points to $3,459.18 and 2.25% or 324.95 points to $14,798.16, respectively.

The former’s top performer was China National Electric Apparatus Research Institute Co Ltd. The organization climbed 20.00% or 5.86 points to $5.44 per share.

Furthermore, South Korea’s KOSPI and Australia‘s S&P/ASX 200 which both rallied 0.56% or 17.93 points to $3,220.25 and 1.23% or 90.90 points to $7,483.50, respectively.

Global Stocks

Meanwhile, global stocks were mixed since the United States slouched while Europe climbed from its fall this morning.

On Wall Street, the NASDAQ Composite led the losses by 0.71% or 105.59 points to $14,673 per share.

This was followed by the S&P 500 Index and the Dow Jones Industrial Average, which both fell 0.54% or 23.89 points to $4,395 and 0.42% or 149.06 points to $34,935, respectively.

On the other hand, in the Frankfurt Stock Exchange, the DAX and the MDAX Performance Index both rose 0.72% to $15,656.71 and 0.46% to $35,306.82, respectively.

In the Paris Stock Exchange, the CAC 40 Index also jumped 0.83% or 55.18 points to $6,667.94 per share.

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