Small movements on leading Asian exchanges

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There were small price movements on leading Asian exchanges during Thursday’s trading.

Tokyo’s Nikkei 225 index and the broader Topix index rose 0.2 percent. The Hong Kong stock exchange’s Hang Seng index had risen 0.3 percent in the closing trade, which was also the position on the Shanghai Stock Exchange.

The Seoul stock exchange’s Kospi index closed at a decline of 0.4 percent, driven by unexpectedly weak quarterly reports from listed companies.

Expectations of a soft monetary policy message from the European Central Bank during the day and the US Federal Reserve next week contributed to the overall positive development.

Advantest, which manufactures microchip testing equipment, rushed just over 20 percent after a strong quarterly report in Tokyo.

Marc Jacobs

Author: Marc Jacobs

I am a journalist by profession. I have been working as a journalist for 15 years, first as a reporter and eventually as an Editor. I finished Journalism from the University of the Philippines. I have a Master's Degree in Literature from the University of Santo Tomas, where I graduated cum laude. I am currently taking my PhD in Literature also in UST.