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Sept. 6, 2018, 6:52 a.m. EDT

Asian markets end lower as Nikkei sags again

Natural disasters weigh on Japan stocks; indexes in China lose early gain

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By Dow Jones Newswire


Jiji Press/AFP/Getty Images
Passengers were stranded overnight Wednesday at Kansai International Airport near Osaka due to Typhoon Jebi, weighing on airline stocks Thursday.

Asian stock markets closed broadly lower Thursday after a tech selloff on Wall Street.

Stocks continued to lag in Japan, with the market’s weakness being led by airlines as investors are concerned about near-term tourist activity after a pair of natural disasters the past few days. A major earthquake hit the northern island of Hokkaido early Thursday, coming after Typhoon Jebi hit western Japan on Tuesday.

Agriculture and mining were the only Topix subindexes of the 33 that were higher, coming as the Nikkei /zigman2/quotes/210597971/delayed JP:NIK +0.87%   fell 0.4%. Japan Airlines /zigman2/quotes/202202214/delayed JP:9201 +0.21%   was off 1.3%, and ANA /zigman2/quotes/202790240/delayed JP:9202 +1.43%   was off 1.1%, while cosmetics maker Kose /zigman2/quotes/207550292/delayed JP:4922 +0.41%   shed 0.9% after Wednesday’s 6.7% slide. Nintendo /zigman2/quotes/208063194/delayed JP:7974 +3.14%   fell 3.6%, but Sony /zigman2/quotes/201361720/delayed JP:6758 +1.79%   rose almost 0.9%.

Hong Kong stocks dropped to session lows as Tencent continued to sink lower after Wednesday’s worst closing price in a year. The Hang Seng /zigman2/quotes/210598030/delayed HK:HSI +0.14%   was down 1% as Tencent /zigman2/quotes/204605823/delayed HK:700 -1.41%   fell 3% more, making up more than one-third of the index’s decline. Meanwhile, pan-Asia insurer AIA /zigman2/quotes/203565558/delayed HK:1299 +0.07%   hit a six-month low as pressure on regional currencies lingers.

Chinese stocks lost their early modest gains. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +1.19%   closed down 0.4%, now dropping in seven of the past eight trading days. The smaller-cap indexes in Shenzhen /zigman2/quotes/210598015/delayed CN:399106 +1.44%   fell 0.7% despite its early advance. The past week’s softness has pushed the market toward last month’s multiyear lows, with worries about economic growth and U.S. trade relations remaining front of mind.

Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.72%   closed down over 0.1% as index heavyweight Samsung /zigman2/quotes/209800866/delayed KR:005930 0.00%   fell 1%. Hyundai Motor /zigman2/quotes/206684590/delayed KR:005380 -1.02%   jumped 3.8% to put the week’s gain at more than 8%.

Australia’s index /zigman2/quotes/210598100/delayed AU:XJO +0.58%   posted a 1% decline — though telecom Telstra /zigman2/quotes/201936124/delayed AU:TLS +1.00%   shot up after lowering its annual guidance, gaining 3.3%. New Zealand’s NZX 50 /zigman2/quotes/211587880/delayed NZ:NZ50GR -0.06%   dropped 1.4%.

Taiwan’s Taiex   slipped 0.6%, while benchmarks in Singapore /zigman2/quotes/210597985/delayed SG:STI +0.40%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.39%   gave up early gains to close lower.

/zigman2/quotes/210597971/delayed
JP : Nikkei
28,175.87
+243.67 +0.87%
Volume: 0.00
Aug. 5, 2022 3:15p
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/zigman2/quotes/202202214/delayed
JP : Japan: Tokyo
¥ 2,358.00
+5.00 +0.21%
Volume: 3.23M
Aug. 5, 2022 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥1030.46 billion
Rev. per Employee
¥23.11M
loading...
/zigman2/quotes/202790240/delayed
JP : Japan: Tokyo
¥ 2,582.50
+36.50 +1.43%
Volume: 3.68M
Aug. 5, 2022 3:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
¥1214.65 billion
Rev. per Employee
¥24.18M
loading...
/zigman2/quotes/207550292/delayed
JP : Japan: Tokyo
¥ 12,330.00
+50.00 +0.41%
Volume: 196,900
Aug. 5, 2022 3:00p
P/E Ratio
47.60
Dividend Yield
1.14%
Market Cap
¥703.43 billion
Rev. per Employee
¥32.98M
loading...
/zigman2/quotes/208063194/delayed
JP : Japan: Tokyo
¥ 58,720.00
+1,790 +3.14%
Volume: 977,100
Aug. 5, 2022 3:00p
P/E Ratio
13.68
Dividend Yield
3.46%
Market Cap
¥6889.17 billion
Rev. per Employee
¥250.14M
loading...
/zigman2/quotes/201361720/delayed
JP : Japan: Tokyo
¥ 11,685.00
+205.00 +1.79%
Volume: 3.45M
Aug. 5, 2022 3:00p
P/E Ratio
16.43
Dividend Yield
0.60%
Market Cap
¥14492.75 billion
Rev. per Employee
¥91.61M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
20,201.94
+27.90 +0.14%
Volume: 1.64M
Aug. 5, 2022 4:09p
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/zigman2/quotes/204605823/delayed
HK : Hong Kong
$ 307.60
-4.40 -1.41%
Volume: 16.44M
Aug. 5, 2022 4:09p
P/E Ratio
12.28
Dividend Yield
0.52%
Market Cap
$2923.80 billion
Rev. per Employee
$6.03M
loading...
/zigman2/quotes/203565558/delayed
HK : Hong Kong
$ 76.80
+0.05 +0.07%
Volume: 13.71M
Aug. 5, 2022 4:09p
P/E Ratio
16.08
Dividend Yield
1.90%
Market Cap
$916.64 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,227.03
+37.99 +1.19%
Volume: 27.47B
Aug. 5, 2022 3:00p
loading...
/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
2,166.01
+30.69 +1.44%
Volume: 45.48B
Aug. 5, 2022 3:00p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,490.80
+17.69 +0.72%
Volume: 409,776
Aug. 5, 2022 3:30p
loading...
/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
61,500.00
0.00 0.00%
Volume: 9.57M
Aug. 5, 2022 3:30p
P/E Ratio
9.65
Dividend Yield
2.35%
Market Cap
₩413634.74 billion
Rev. per Employee
₩2.69B
loading...
/zigman2/quotes/206684590/delayed
KR : S. Korea: KRX
194,500
-2,000 -1.02%
Volume: 919,482
Aug. 5, 2022 3:30p
P/E Ratio
9.70
Dividend Yield
2.57%
Market Cap
₩44627.57 billion
Rev. per Employee
₩1.75B
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,015.60
+40.70 +0.58%
Volume: 589,213
Aug. 5, 2022 5:10p
loading...
/zigman2/quotes/201936124/delayed
AU : Australia: Sydney
$ 4.04
+0.04 +1.00%
Volume: 17.46M
Aug. 5, 2022 4:10p
P/E Ratio
32.87
Dividend Yield
3.96%
Market Cap
$46.60 billion
Rev. per Employee
$780,196
loading...
/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
11,728.47
-7.00 -0.06%
Volume: 0.00
Aug. 5, 2022 5:00p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,282.88
+13.02 +0.40%
Volume: 0.00
Aug. 5, 2022 5:20p
loading...
/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
7,084.66
+27.31 +0.39%
Volume: 0.00
Aug. 5, 2022 3:00p
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