Asian shares mixed on Thursday


Moscow. December 24. Asian stock indices changed mixed on Thursday, reports Bloomberg.

The composite index of stock markets of the Asia-Pacific region MSCI Asia Pacific has risen in the course of trading by 0.4%.

Japanese Nikkei 225 fell 0.4%, China’s Shanghai Composite fell 1.5%, Hong Kong’s Hang Seng index rose by 0.4%, the Australian S&P/ASX 200 added 1.3%.

The stock market of Japan varies between decline and growth. Mining shares and oil companies are getting more expensive on the background of the rise of commodity prices, while exporters have depreciated in connection with the strengthening of the yen against the U.S. dollar.

Stock quote Nippon Steel & Sumitomo Metal Corp. and JX Holdings have increased not less than 2.5%. Paper Inpex Corp., the largest oil company of Japan, rose by 2.7%.

The yen continues to strengthen against the U.S. dollar, which pushes down the share price of exporters. The cost of securities Mitsubishi Motors fell 1.5%, Toyota Motor – 0.7% Bicycle manufacturer Shimano – 2.3%.

“The strengthening of the yen puts pressure on Japanese market, says portfolio Manager DIAM Co. in Tokyo Kuninobu Takeuchi. – Now I don’t see any special factors that could affect the dynamics of the stock market on Thursday”.

The Chinese market falls following the decline in the stock prices of companies in health care and real estate on the back of weaker trading activity. The indicator of the companies health fell during the auction by 2.5%, the stock index developers – 3%.

“The volume of trading in shares in China fall since the beginning of December, and this may mean that by the end of the year a clear market direction will not be formed”, – says analyst of IG Asia Pte. in Singapore Bernard O.

Meanwhile, the stock index of Chinese companies traded in Hong Kong – Hang Seng Enterprises – continues to grow. Since the beginning of this week the indicator gained 3.3%.

Shares of Chinese oil companies Cnooc, PetroChina and Sinopec in Hong Kong rose on Thursday, respectively, 3.1%, and 2.3% and 2.3%.