Mixed on Asian Exchanges

» Published: November 08 2024

Mixed on Asian Exchanges
Photo: Eugene Hoshiko/AP/TT

Share this article

There was a slight upward trend for the Tokyo Stock Exchange's Nikkei 225 index after the initial trading on Friday, up 0.3 percent, while the broader Topix was around zero at lunchtime.

It was really sour for Nissan, whose stock plummeted around ten percent, after the car giant announced that they would lay off 9,000 employees and reduce production by a fifth.

On the Chinese stock exchanges, the mood is characterized by anticipation of what the Chinese government will come up with to support the economy and counter the tariff threats from the incoming American President Donald Trump. The announcement is expected to be made on Friday.

The composite indexes in Shanghai and Shenzhen were down 0.5 percent and 0.1 percent, respectively. In Hong Kong, the Hang Seng index was down 0.9 percent.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

China Stock Markets Decline as Japan and South Korea See Gains
1 MIN READ

China Stock Markets Decline as Japan and South Korea See Gains

Government Intensifies Efforts Against Economic Violence Towards Women
1 MIN READ

Government Intensifies Efforts Against Economic Violence Towards Women

Trump Urges Supreme Court to Uphold Tariffs
1 MIN READ

Trump Urges Supreme Court to Uphold Tariffs

Google Fined $425 Million for Privacy Violations
1 MIN READ

Google Fined $425 Million for Privacy Violations

France Fines Google and Shein for Cookie Violations
1 MIN READ

France Fines Google and Shein for Cookie Violations

Google Stock Soars 9 Percent as Wall Street Closes Mixed
1 MIN READ

Google Stock Soars 9 Percent as Wall Street Closes Mixed

EU Faces Resistance Over New Mercosur Trade Agreement
3 MIN READ

EU Faces Resistance Over New Mercosur Trade Agreement

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand
1 MIN READ

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand

Mediation Institute Ends Efforts in Tesla-IF Metall Dispute
1 MIN READ

Mediation Institute Ends Efforts in Tesla-IF Metall Dispute

Two More Suspects Identified in Major Insider Trading Case
1 MIN READ

Two More Suspects Identified in Major Insider Trading Case

Ryanair's New Bonus Program Criticized by German Cabin Union
1 MIN READ

Ryanair's New Bonus Program Criticized by German Cabin Union

SEB Predicts Halved Food VAT Could Lower Prices and Inflation
2 MIN READ

SEB Predicts Halved Food VAT Could Lower Prices and Inflation

Swedish Service Sector Sees Fragile Recovery in August
1 MIN READ

Swedish Service Sector Sees Fragile Recovery in August

Boliden Leads Gains as Stockholm Stock Exchange Rises
1 MIN READ

Boliden Leads Gains as Stockholm Stock Exchange Rises

Air Travel Rises 5% in August as Swedavia Airports See Growth
1 MIN READ

Air Travel Rises 5% in August as Swedavia Airports See Growth

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast
4 MIN READ

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Klarna's New York IPO: Analyst Calls It a High-Risk Stock
3 MIN READ

Klarna's New York IPO: Analyst Calls It a High-Risk Stock

Stock Market Volatility Follows Xi's Speech Amid Military Parade
1 MIN READ

Stock Market Volatility Follows Xi's Speech Amid Military Parade

Google Retains Chrome in Partial Legal Victory
2 MIN READ

Google Retains Chrome in Partial Legal Victory

Wall Street Opens September with Losses Across Major Indexes
2 MIN READ

Wall Street Opens September with Losses Across Major Indexes