November 22, 2024

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Australia, Hong Kong and Korea shares fall 2%

Australia, Hong Kong and Korea shares fall 2%

An employee works at the Tokyo Stock Exchange in Tokyo, Japan, on January 13, 2022.

Toru Hanai | Bloomberg | Getty Images

Shares in the Asia-Pacific region fell sharply on Thursday as investors digested the results of a special survey on factory activity in China.

in Australia , S & P / ASX 200 It fell 2.02% to close at 6845.60, while it fell Australian dollar doubled to $0.6827.

Japan Nikkei 225 Topix slipped 1.53% to 27661.47, and Topix slipped 1.41% to 1935.49. Hong Kong Hang Seng Index It is down 1.74% in the last hour of trading, Hang Seng Tech is also down 1.64%..

The Cosby In South Korea it fell 2.28% to close at 2415.61 and the KOSDAQ index lost 2.32% to 788.32.

in mainland China, Shanghai boat It struggled for direction and closed down 0.54% at 3184.98, while Shenzhen Component It fell 0.88% to 11,712.39.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.76%.

China’s Caixin/Market Manufacturing PMI for August released on Thursday showed that the sector is sliding into contraction this month.

This follows official manufacturing PMI data released on Wednesday Show that factory activity has shrunk Amid a recent spike in Covid infections, the nation is facing its worst heatwave in decades.