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Asia-Pacific markets face losses; Nikkei 225 sees third consecutive decline

EditorRachael Rajan
Published 2023-10-02, 02:14 p/m
© Reuters.
JP225
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Asia-Pacific stock markets on Monday recorded a mixed performance, with Japan's Nikkei 225 Index experiencing a third consecutive day of decline.

Markets including the Hong Kong Stock Exchange, China's Shanghai Stock Exchange, and Korea Exchange were reported to be closed. The Singapore FTSE Straits Times Index and Australia's S&P/ASX 200 Benchmark Index also registered minor losses on the same day.

Despite the overall downward trend, some companies managed to buck the trend. SCREEN Holdings and Japan Post Holdings (NYSE:POST) saw their share prices rise, providing some positive news amidst the broader market downturn. Advantest Corp's shares also marked a modest increase.

However, not all corporate entities fared as well. Rakuten Group, Pacific Metals, and Sumitomo Pharma experienced a drop in their share prices, reflecting the broader market sentiment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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