On Thursday, the stock indexes of Asia-Pacific region are growing. Investors have switched their attention to the strained relations between Russia and Turkey on regional issues and statistical data from the US, writes Financial Times.
Japan's Nikkei 225 rose 0.6%, as much as the broader Topix index. South Korea's Kospi added 1.1%, the Hang Seng rose 1%, China's Shanghai Composite and the Australian S&P/ASX 200 - by 0.3%.
The Australian market growth slowed significantly after the publication of a record reduction of capital investment in Australia in the third quarter - by 9.2% compared with April-June, adjusted for seasonal variations. Economists on average had expected a decline of 2.9%.
"Statistical data from the US as a whole were in line with expectations and slightly calmed the market, - said the head of Ichiyoushi Asset Management Co., Mitsushige Aquino. - Investors expect markets growth after raising interest rates in the United States, as it will remove the uncertainty."
The papers of Japanese exporters get more expensive amid the weakening of yen against the dollar after publication of statistical data in the United States. Among them is Nissan Motor Co. which added 1.3%.
The market value of one of the Japanese Apple suppliers - Japan Display Inc. - fell 6.8% due to reports in the Nikkei newspaper that Apple will use a competing technology to produce displays for the iPhone from 2018.
The stock price of PetroChina Co. rose 1.4% in Hong Kong trading. The company plans to sell part of the pipeline assets for 15.5 billion Yuan.
The price of Aluminum Corp. of China Ltd. securities increased by 1.8% in Shanghai after the announcement of the forthcoming sale of a unit in Shanxi Province for 2.4 billion Yuan.
The Shanghai Stock Exchange on November 26 celebrates the 25th anniversary. Since the appearance of the main index of the stock exchange - Shanghai Composite - jumped by 3548% (excluding dividends). MSCI Emerging Markets Index rose during the same period by 348%, Standard & Poor's 500 by 533%.