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MARKETS ASIA / Corona worries only partially burden stock exchanges

TOKYO / SHANGHAI (Dow Jones) – Corona worries partially weighed on the Asian stock markets on Monday. Smaller exchanges, on the other hand, closed in positive territory. In China, aid from the central bank, which had injected fresh liquidity into the market, provided support. While trading in Hong Kong and Australia was idle due to the holiday, the stock exchanges in China were somewhat volatile. The growing corona infections worldwide were of concern, with the main focus being on China. Because at the weekend, the People’s Republic reported the highest number of infections in 21 months. The open and unusual admission of the KP that local party officials and officials in the new corona hotspot Xian had reacted sloppily to the new outbreak also caused unrest, according to the trade.

At the same time, the Chinese central bank is apparently ready to give the economy more support – this also applies to the ailing real estate sector. In view of the corona effects, this also seems to be necessary. The analysts at Goldman Sachs expect purchasing managers’ indices for China to fall below the growth threshold of 50 in December. The Shanghai Composite closed 0.1 percent lower, the Shenzhen Composite gained 0.1 percent and the startup segment ChiNext fell 0.1 percent.

In South Korea (-0.4%) things went a little more clearly downhill. Previously, the Kospi had swung between slight surcharges and discounts. The stocks of the index heavyweight Samsung Electronics lost 0.4 percent – burdened by reports that chip production in the Chinese city of Xian had been put into emergency mode after new lockdown measures by the government. Korean Air Lines fell 1.4 percent after Hong Kong suspended flights to the Chinese SAR for two weeks. In contrast, pharmaceutical stocks such as Jeil Pharmaceutical (+ 13%) and Kyongbo Pharmaceutical (+ 9.4%) were in great demand.

In Japan, the Nikkei-225 showed a discount of 0.4 percent – weighed down by retail and e-commerce values. After weak business figures, Nitori Holdings lost 6.5 percent.

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Index (stock exchange) last +/-%% YTD end

S&P/ASX 200 (Sydney) Feiertag

Nikkei-225 (Tokio) 28.676,46 -0,4% + 4,9% 07:00

Kospi (Seoul) 2.999,57 -0,4% +4,4% 07:00

Shanghai Comp. 3,615.98 -0.1% + 4.1% 08:00

Hang-Seng (Hongk.) Holiday

Taiex (Taiwan) 18.048,94 +0,5% +22,5% 06:30

Straits-Times (Sing.) 3.109,99 +0,1% +8,9% 10:00

KLCI (Malaysia) 1,535.81 +1.3% -6.8% 10:00

BSE (Mumbai) 57.218,90 +0,2% +19,5% 11:00

Forex last +/-% 00:00 Fri, 8: 59% YTD

EUR/USD 1,1330 +0,2% 1,1312 1,1332 -7,2%

EUR/JPY 129,69 +0,2% 129,38 129,59 +2,9%

EUR/GBP 0,8448 +0,0% 0,8444 0,8449 -5,4%

GBP/USD 1,3412 +0,1% 1,3398 1,3409 -1,9%

USD/JPY 114,47 +0,1% 114,37 114,36 +10,9%

USD/KRW 1.186,82 -0,0% 1.186,98 1.186,40 +9,3%

USD/CNY 6,3714 +0,1% 6,3677 6,3696 -2,4%

USD/CNH 6.3742 -0.0% 6.3746 6.3747 -2.0%

USD/HKD 7,8010 +0,0% 7,7993 7,7989 +0,6%

AUD/USD 0,7229 +0,1% 0,7223 0,7235 -6,2%

NZD / USD 0.6816 + 0.1% 0.6812 0.6816 -5.1%

Bitcoin

BTC/USD 50,724.34 -0.5% 51,002.21 51,012.20 +74.6%

ROHÖL last VT-Settl. +/-% +/- USD% YTD

WTI/Nymex 72,81 73,79 -1,3% -0,98 +53,9%

Brent/ICE 75,89 76,14 -0,3% -0,25 +50,2%

METALS last previous day +/-% +/- USD% YTD

Gold (Spot) 1.808,97 1.808,40 +0,0% +0,57 -4,7%

Silver (spot) 22.73 22.98 -1.0% -0.24 -13.9%

Platinum (Spot) 958.50 977.10 -1.9% -18.60 -10.5%

Kupfer-Future 4,35 4,39 -1,0% -0,05 +23,5%

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DJG/DJN/flf/err

(END) Dow Jones Newswires

December 27, 2021 03:13 ET (08:13 GMT)

Reference-www.finanzen.at

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