Japanese shares fall for second day as shares in Hong Kong rise

Published: March 13, 2023 at 5:37 ET

Asia-Pacific shares were mixed on Monday, March 13, with the Japanese market posting a second day of declines.

Hong Kong’s Hang Seng Index The Hang Seng Index rose 1.9% to 19,695.97, while Japan’s Nikkei 225 Index NIKKEI 225 Index fell 1.1% to 27,832.96.

Shanghai Composite Index The Shanghai Composite Index of Chinese companies rose 1.2% to…

Asia-Pacific shares were mixed on Monday, March 13, with the Japanese market posting a second day of declines.

Hong Kong’s Hang Seng Index

HSI

rose 1.9% to 19,695.97, while Japan’s Nikkei 225 index

NOK

down 1.1% to 27,832.96.

Shanghai Composite Index

SHCOMP

of Chinese companies rose 1.2% to 3,268.70, while the FTSE Straits Times Index

PATH

of Singapore shares fell 1.4% to 3,132.37. South Korea’s KOSPI Composite Index

180721

rose 0.7% to 2,410.60, while the S&P/ASX 200 Benchmark Index

XJO

of Australian shares fell 0.5% to 7,108.80.

Among the constituents of the Hang Seng index is natural gas/oil exploration company CNOOC

HK:883

saw the biggest increase on Monday, when shares rose 6.0 per cent.

Shares in integrated oil/gas company China Petro & Chem

HK:386

and alcoholic beverage/beverage companies China Rscs Beer Holdings

HK:291

increased by 5.7% and 5.5% respectively.

Shares in the shipping company Orient Overseas Intl

HK:316

saw the biggest drop in Hong Kong as shares fell 5.8% on Monday.

Shares in property services/transaction company Country Garden Holdings

HK: 2007

and biotechnology company Wuxi Biologics (Cayman)

HK:2269

fell by 4.1% and 3.5% respectively.

Of the constituents of the Nikkei 225 index, database/catalog publishers M3

JP:2413

experienced the biggest increase on Monday, when shares rose 2.4 per cent.

Shares in the shipping company Kawasaki Kisen Kaisha

JP: 9107

and the sea transport company Mitsui OSK Lines

JP: 9104

added 2.2% and 2.0% respectively.

Also in Japan, the passenger car company Mitsubishi Motors

JP: 7211

experienced the biggest drop on Monday, when the shares fell 6.5 per cent.

Shares in the passenger car company Mazda Motor

JP: 7261

and commercial banking Concordia Financial Group

JP: 7186

decreased by 6.0% and 5.3% respectively.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use of market data.

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