© Reuters.
Yingwei Financial Information Investing.com - On Friday, the Asia-Pacific stock market fell across the board, taking over the decline of US stocks yesterday, while tensions in international relations also hit market sentiment hard. Vietnamese stock market fell more than 3%, while Australia, Malaysia, Thailand and Indonesia fell more than 1%. The Japanese stock market is closed due to holidays.
Yingwei Financial Information Investing.com Global Market Information shows that
- South Korea's KOSPI Index fell 0.71%, closing at 2,200.44 points, a slight decline of 0.03% throughout the week. Today, the electronics, electrical, IT software, and computer services sectors ranked among the top in the decline, while the construction and pharmaceutical sectors rose only.
- Australia SP/ASX200 index fell 1.16%, closing at 6024.00 points, down 0.16% for the whole week. Today, the technology, gold and REIT sectors ranked the top in the decline, while only the utilities and consumer essentials sectors rose.
Southeast Asia and South Asian markets, as of the time of writing, the Singapore Straits Times index fell 0.93%; the Vietnam VN30 index fell 3.17%; the Indonesian Jakarta comprehensive index fell 1.09%; the Thailand SET index fell 1.23%; the Philippines comprehensive stock price index fell 0.43%; the India Mumbai 30 index fell 0.64%; and the Malaysian Kuala Lumpur comprehensive stock price index fell 1.04%.
Macro and individual stock news:
Following Melbourne, Victoria, Australia, New South Wales, Australia has upgraded restrictions
New South Wales, Australia has announced restrictions on the number of group activities in restaurants, cafes and clubs within 10 people; the number of indoor venues within 300 people; the number of weddings and company activities within 150 people; and funerals and worship activities within 100 people.
Singapore's retail industry rent fell by 3.5% month-on-month
According to CCTV reports, the real estate data released by the Singapore Urban Reconstruction Bureau today (24th) showed that the impact of the new crown pneumonia epidemic on the local retail industry further expanded. Singapore's retail industry rent fell by 3.5% month-on-month in the second quarter, an increase in the decline from the 2.3% decline in the previous quarter. The cumulative decline in retail industry rents reached 5.8% in the first half of the year.
Thailand's exports fell 23% in June, the largest drop in 11 years
According to data released by the Thai government, as public health incidents hit global demand, Thailand's exports in June fell 23.17% year-on-year, a decrease of 15.5% higher than the market's expectations, the largest drop since July 2009. Among them, the export of automobiles and auto parts fell the largest, with a year-on-year decrease of 43.2%, gold exports fell by 86%, and plastic particles fell by 15%. Most export markets contracted, but exports to the United States rose 14.5% year-on-year and exports to China rose 12%.
India's new cases in a single day approached 50,000, marking the largest single day increase
The latest data released by the official website of the Indian Ministry of Health shows that as of the morning of July 24 local time, the number of confirmed cases in India has risen to about 1.288 million. In the past 24 hours, India has added 49,310 new confirmed cases, the largest increase in a single day; 740 new deaths have been reported, with a total of 30,601 deaths.
Kia's net profit in the second quarter decreased by 75%, and automobile sales decreased by nearly 30%, and
According to China News Service, data released by Kia Auto on the 23rd showed that the company's sales in the second quarter of 2020 were 11.37 trillion won (approximately RMB 66.4 billion), a year-on-year decrease of 21.6%; operating profit was 145.1 billion won, a year-on-year decrease of 72.8%; net profit was 126.3 billion won, a year-on-year decrease of 75%. Kia Automobile (KS: 000270) rose 0.54%.
[This article comes from Yingwei Finance Investing.com. For more information, please log in to cn.investing.com or download Yingwei Finance App]
