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KOSPI tumbles 5.3% as Asian stocks finish mixed; Hang Seng surges 3.7%

ASIAMarket wrap
KOSPI tumbles 5.3% as Asian stocks finish mixed; Hang Seng surges 3.7%

4 of 6 major Asian indices rose on Thursday 5 November. The Hang Seng did best (+3.7%) and the KOSPI did worst (−5.3%).

The KOSPI tumbled 5.3% to 5,383.80 on Thursday, the biggest move among Asia's main markets, as stocks in the region finished mixed. Hong Kong's Hang Seng surged 3.7% to 24,797, China's CSI 300 inched up 0.3% to 4,113.41, India's Nifty 50 rallied 2.4% to 24,537 and Australia's ASX 200 jumped 2.6% to 9,065.10. Japan's Nikkei 225 dropped 1.8% to 61,078.

Over the past five sessions the Hang Seng has gained the most (+8.0%) and the KOSPI has lost the most (−9.3%). The KOSPI is up 27.8% this year, the largest year-to-date move of the six.

In currencies, the dollar against the yen edged lower 0.5% at 157.73, the dollar against the offshore yuan barely moved at 6.6653 and the dollar against the rupee ended roughly flat at 94.47. Our forex calls show the model read for each pair.

The numbers

MarketLastDayWeek
Nikkei 22561,077.90−1.79%−4.50%
Hang Seng24,796.98+3.67%+8.01%
CSI 3004,113.41+0.29%+1.77%
KOSPI5,383.80−5.28%−9.33%
Nifty 5024,536.60+2.40%+6.98%
ASX 2009,065.10+2.61%+1.95%
Prices are end-of-day from our own data. Educational only.

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This brief was generated by StocksXray from our own market data, using fixed templates and automated checks. See how our news is made in the editorial standards.

Educational only, not financial advice. Numbers beside the story are from our own data.