Stock indices of the Asia-Pacific region weakly dropped on Friday, ended the week in positive territory
Stock indexes in the Asia-Pacific region (APR) fell slightly on Friday, but rose for the week.
Consolidated stock index of region MSCI Asia Pacific has decreased by less than 0.1%; prior to this, the ROS indicator 4 sessions in a row. Since the beginning of the week growth is 1.6%.
Hong Kong’s Hang Seng rose 0.5%, China’s Shanghai Composite fell 0.2%. Australia’s S&P/ASX 200 lost 0.8%, South Korea’s Kospi was 0.5%.
The Japanese Nikkei 225 index rose 0.8%, the broader Topix up 0.6%.
As reported, foreign trade turnover of China at the end of 2016 fell by 0.9% to 24.3 3 trillion yuan ($3,53 trillion), according to data from the General administration of customs of the country.
The volume of exports decreased by 2% to 13.84 trillion yuan, while imports increased by 0.6% and made up of 10.49 trillion yuan.
Securities Samsung Electronics fell by 3.5% on news that the South Korean authorities questioned the Deputy Chairman of Samsung Electronics Lee Che Ena on suspicion of involvement in the company to the corruption scandal around the President Park Geun-Hye.
Did Che Yong is the actual head of the Corporation after his father and the head of the company Lee gon-Hee suffered a heart attack last year.
The four largest banks in Australia (Westpac, Commonwealth Bank of Australia, National Australia Bank and Australia and New Zealand Banking) lost more than 1.3% of capitalization on the background of uncertainty about the future policy of Donald trump as President of the United States. These finkompany rose sharply after the presidential election.
Shares of auto parts manufacturer Takata soared in price by 16% on reports the WSJ that the company can already on Friday to negotiate with the US authorities about ending the cases of faulty airbags. According to sources, the company plead guilty and pay a fine of about $1 billion.
The price of shares of Nintendo fell by 5.8%. The company announced that sales of its new gaming console the Switch will start March 3 and its cost will be $250. Investors expected that the starting price will be lower.