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Rise and Fall in Asia-Pacific Markets in 2020

This year, which is less than an hour away, has seen confused markets across Asia-Pacific. Nomura's Jim McCafferty reported countries including China, South Korea, Taiwan and Japan were a secure spot for investment. China, the origin of the coronavirus, saw a huge recovery; Shenzhen component growth is significant amongst Asia-Pacific premier markets, with a rise of 38.73% this year. Furthermore, China’s CSI 300 index showed top performance with a surge 27.21% during the year. South Korai, too, experienced a nice gain; Kospi saw over 30% expansion. Meanwhile, the Nasdaq Composite grew 43.44%, with a record index as investment in its tech stocks increased. This year, too, the S&P 500 did a good job with 15.52% increase. Below comes a short list of index calculations in parts of Asia-Pacific region: China's Shanghai composite: +13.87% Hong Kong's Hang Seng index: -3.4% Japan's Nikkei 225: +16.01% Singapore's Straits Times index: -11.76% Taiwan's Taiex: +22.8% Samira H.
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By Samira Hassanzadeh on October 19, 2021

Nikko Focused on Developed Markets

The Tokyo-based Nikko Assess Management company is trying its luck on Asia-Pacific, while there’s a vague status in equity markets prior to the imminent presidential election in the United States. John Vail, a strategist at Nikko said the risk positions in Asia-Pacific are gratifying. He also expected a better performance in Asia-Pacific in the months to come. He expressed that there is no fear for permanent investors who have no choice but to put positions in Asia-Pacific. Nikko is now focusing on developed markets in Hong Kong, Australia and Japan. Affirming that China's restoration can be beneficial to Hong Kong and Australia, he said the growth in tourism and vaccines will rescue the economy in these countries. Japan is different as its technology and motor cycles are expanding. He said Japan, which is experiencing an uphill flow, involves stunning valuations. Samira H.
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By Samira Hassanzadeh on October 19, 2021

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