Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations

09:45

Major Asian indices are down on the last day of the trading week. The Heng Seng Index is down 1.85%, led by tech stocks that are declining under the fog of ongoing regulatory uncertainty.

Shares of Meituan were down 3.9% while Alibaba was down 2.28% and JD.com was down 1.7%. Tencent, on the other hand, rose 1.57%. The tech index dropped 2.2%.

The Shanghai Composite Index fell more than 1%, while Shenzhen was down 1.8%. The Japanese Nikkei was down 0.98%, and the Topix was down 0.87%.

Shares of the Japanese automaker continue to fall: Nissan fell 7.25% and Honda fell 4.84%. Toyota fell 4.09 percent following the announcement that it would cut global production in September by 40 percent from the original plan, Reuters reported. Shares of Toyota fell more than 4% on Thursday.

The South Korean cosplay declined 1.2% and the S & P / ASX 200 index in Australia closed down.

By Editor

Leave a Reply