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Nikkei Arrests Negative Trend, Gains
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Stocks in the Asia-Pacific region were mixed Thursday, as July drew to a close, as markets in Japan and Hong Kong staged comebacks.

In Japan, the Nikkei 225 reversed its negative tide and gained 433.24 points, or 0.7%, Thursday to 61,867.43

In Hong Kong, the Hang Seng gained 50.96 points, or 0.2%, to 25,858.88.

In Korea, shares of Samsung Electronics ended Thursday’s trade at 0.72% lower, reversing earlier gains even as the company’s second-quarter operating profit beat estimates on soaring AI demand.

In other markets;

In Shanghai, the CSI index lost 50.54 points, or 1.1%, to 4,549.72.

In Singapore, the Straits Times 50 index lost 20.34 points, or 0.4%, to 5,539.38

In Korea, the Kospi index fell 39.61, or 0.7%, to 5,593.56

In Taiwan, the Taiex index dished off 105.88 points, or 0.3%, to 39,933.30

In New Zealand, the NZX 50 shed 213.89 points, or 1.5%, to 13,762.78.

In Australia, the ASX dipped 70.91 points, or 0.8%, to 8,967.71

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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