Stocks in the Asia-Pacific region displayed a mixed performance on Friday, Feb. 2.
Hong Kong and Japanese Stocks
Hong Kong stocks weakened, with the Hang Seng Index down 0.2% at 15,533.56. Meanwhile, the Nikkei 225 Index of Japanese companies gained 0.4% to reach 36,158.02.
Chinese and Singaporean Stocks
The Shanghai Composite Index of Chinese companies declined 1.5% to 2,730.15. On the other hand, the FTSE Straits Times Index of Singapore stocks rose 1.0% to 3,173.58.
South Korean and Australian Stocks
The KOSPI Composite Index of South Korean stocks increased significantly, rising by 2.9% to reach 2,615.31. Similarly, the S&P/ASX 200 Benchmark Index of Australian stocks gained 1.5% to stand at 7,699.40.
Standouts of the Day
Among Hang Seng Index constituents, Geely Automobile Holdings witnessed the largest increase on Friday, with shares adding 4.4%.
Noteworthy gains were also seen in shares of Tencent Holdings and Longfor Group Holdings, which increased by 2.9% and 2.8% respectively.
However, it was a tough day for WuXi AppTec, as shares in this medical laboratory services company dropped significantly by 21.2%.
Similarly, Wuxi Biologics (Cayman) and Orient Overseas Intl faced considerable declines in their share prices, weakening by 20.7% and 4.1% respectively.
Meanwhile, on the Nikkei 225 Index, NEXON experienced the highest increase with shares soaring by an impressive 21.7%.
Shares of Konica Minolta and Fujitsu, companies dealing in electronic office equipment and computers/consumer electronics respectively, also observed notable gains of 9.7% and 6.0%.
Aozora Bank, a commercial banking company in Japan, faced the largest decline on Friday, as shares plunged by 15.9%.
Additionally, Mitsubishi Motors and Alps Alpine, companies involved in passenger cars and electrical components/equipment respectively, saw drops of 5.2% and 4.0%.
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