Asian stock performance varied with the decline in Chinese technology companies
The Hang Sing Index in Hong Kong declined by 0.25% to 22920 points, while the Shanghai complex index increased by 0.54% to 3342 points.
The Japanese Nikai 225 Nikai 225 index fell 0.40% to 39112 points.
The Cosby index in South Korea rose 1.78% to 2674 points.
The Standard & Poor’s Australian AX 200 index fell 0.65 % to 8426 points.
The shares of Chinese technology companies fell today, Wednesday, after they recorded a short -term rise earlier this week.
The share of “Ali Baba” on the Hong Kong Stock Exchange fell by 1%, and the share of the giant search engine “Baidu” fell by 2.11% after it announced that its revenues decreased by 2% in the fourth quarter of 2024, compared to the previous year, with the escalation of competition In the field of artificial intelligence in China.
Chinese technology shares declined despite the rise of American shares to a record level on Tuesday.
Wall Street
The main stock indicators on the American Wall Street Exchange were closed at the end of trading on Tuesday, as the broader Standard & Poor’s 500 index rose by 0.2% to 6129 points, closing over the highest level of closure ever, which he scored during the past month.
Dow Jones Industrial
The Dow Jones Industrial Index ended the trading session, up by 10 points, or less than 0.1%, to reach 44,556 points.
The Nasdaq Technology Complex Index increased by 0.1 %, reaching 20041 points.
In the energy markets, this morning, Wednesday, the price of the US West Texas Intermediate crude rose by 7 cents to 71.90 dollars a barrel, and the price of Brent crude, the world record for oil prices, increased by 7 cents to $ 76 a barrel. In the currency markets, the US dollar price rose against the Japanese yen, to 152 Japanese yen from 152.01 yen, and the price of the euro rose to $ 1.0452 from $ 1.0446.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
