Major stock exchanges in the Asia-Pacific region (APR) continued to be traded on Thursday, due to the rise in US markets after the mid-term elections for the US Congress, while Chinese markets continued to worry about commercial conflicts with the US, according to the stock exchange.
At the end of the auction, Shanghai Stock Exchange's Shanghai Composite Index fell 0.22% to hit 2.635.63 points, with Shenzhen Shenzhen Composite down 0.48% to hit 1.333.98. The Hong Kong Hang Seng Index climbed 0.31% to 26,227.72 points, Korea's KOSPI up 0.67% to 2.092.63. The Japanese Nikkei 225 rose 1.82% to $ 22.486.92. The Australian S & P / ASX 200 rose 0.53% to 5.928.2.
The main factor supporting Asian investors' feelings was the growth of US stock markets on Wednesday. In particular, the indices grew more than 2% after the elections, which were held after the interim elections, after the Democrats gained control of the US House of Representatives and the Republicans became known to hold the Senate.
Therefore, investors gave special importance to foreign trade data from China. According to official data, despite the fact that analysts are expecting a figure of $ 35 billion, the country's trade surplus rose from $ 31.7 billion in October to $ 34.01 billion. At the same time, exports grew at an annual rate of 15.6%, and imports exceeded the expectations of analysts by an increase of 21.4%.
Investors in Japan drew attention to corporate news. Therefore, Japan-based Toshiba Corporation reported a net profit of 1.082 trillion yen ($ 9.56 billion) against the loss of one year ago, following the results of the first half of the fiscal year 2018-2019 (ended September 30). In addition, the company announced that the United States has abandoned its liquefied natural gas (LNG) business as part of its restructuring plan. The company's shares on a transaction basis increased by 12.7%.