Asia-Pacific Stocks Fall As Shares of Japan’s Automakers Slip

Nov 17, 2021

Asia-Pacific Stocks Fall As Shares of Japan's Automakers Slip

By Wednesday's close, Asian markets had fallen across the board, with data indicating Japan's export growth had fallen to an eight-month low. Markets in the United States, on the other hand, were buoyed by better-than-expected retail sales figures.

Losses in the area were led by Australia and South Korea. The S&P/ASX 200 index in Australia declined 0.68 percent to 7,369.90. Financial equities were down, with the Commonwealth Bank of Australia leading the way with a more than 8% drop in its stock price.

According to a Reuters report, New Zealand's Prime Minister announced that the country's largest city, Auckland, will reopen its domestic borders for fully vaccinated people and those with negative Covid test results starting Dec. 15 for fully vaccinated people and those with negative Covid test results.

The Kospi in South Korea fell 1.16 percent to 2,962.42.

Mainland The stock market in China defied the regional trend. The Shanghai Composite closed at 3,537.37, up 0.44 percent, while the Shenzhen Component closed at 14,711.18, up 0.67 percent. The Hang Seng index in Hong Kong fell 0.4 percent in the last hour of trading.

Baidu, the Chinese computer behemoth, is expected to release its third-quarter profits later this week.

Japan's exports fall to eight-month low; auto shares slip

The Nikkei 225 index in Japan declined 0.40 percent to 29,688.33, while the Topix index sank 0.61 percent to 2,038.34.

According to Reuters, Japan's exports increased 9.4% in October, citing figures from the country's finance ministry. This was the smallest gain since a decrease in February, following a 13% increase the previous month. Shipments of automobiles plummeted by 36.7 percent.

Japanese automakers' stock prices have fallen. Nissan was down over 2%, Honda was down 1.57 percent, and Mitsubishi Motors was down 1.75 percent.

Subscribe Our Newsletter

B2CORE Updates

Hazem

B2CORE’s 16th Release, Android Mobile App Launch, and iOS Version Upgrade 1.25.

B2BROKER announces major multi-platform updates to its Forex & Crypto CRM and back-office solution, B2CORE. Discover what’s new from the release.

Companies
A Woman Received $7.1 Million from Crypto.com
A Woman Received $7.1 Million from Crypto.com While Awaiting a Refund of $68

Although it appears to be a joke, it is not. Matt Damon's favorite platform crypto.com, unintentionally sent several million dollars to a lady who was awaiting a refund of $68. And she spent a lot of money.

Crypto
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Constantine

Top Most Popular Trading Strategies
Explore the question of what a trading strategy is, what it should be kept in mind when developing one, and what the most popular types are today.

discover
what is a bull flag

Constantine

What is a Bull Flag? How Does it Differ from a Bear Flag?

Learn what a bull flag is, what types exist, how to use them in trading practice, and what differences there are with bearish flag patterns.

Trading
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiriesb2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    MetaTrader vs cTrader: Which Trading Platform Shall You Choose?

    MetaTrader vs cTrader: The Full Breakdown

    Сonstantine

    Will Dogecoin Reach $1? Tokenomics and Price Analysis

    Will Dogecoin Reach 1 Dollar Analysis

    Сonstantine

    How to Get a Crypto Exchange License?

    How to Get Crypto Exchange License

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.