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Upwards in Tokyo and Hong Kong

» Published: October 29 2024

Upwards in Tokyo and Hong Kong
Photo: Shuji Kajiyama/AP/TT

It was upwards for leading indexes on the stock exchanges in Tokyo and Hong Kong after a few hours of trading on Tuesday, partly due to the belief that Republican Donald Trump seems to have a chance to win the presidential election in the USA next week.

The stock market would benefit more from a Trump victory than from his opponent, the Democrat Kamala Harris, according to a survey by Bloomberg, which gauged the market sentiment.

In Tokyo, the Nikkei 225 index was up 0.5 percent and the broader Topix up 0.8 percent.

In China, the indexes pointed in the opposite direction, with the composite indexes in Shanghai and Shenzhen at minus 0.4, both. In Hong Kong, it was instead plus 0.5 percent for the Hang Seng index.

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By TTThis article has been altered and translated by Sweden Herald
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