Stock Groups

Asia-Pacific stocks mostly rise; SenseTime jumps in Hong Kong debut

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SINGAPORE — Shares in Asia-Pacific were mostly higher in Thursday trade after gains overnight on Wall Street led to a record close for both the S&P 500 and Dow Jones Industrial Average.

Hong Kong Hang Seng indexAdvanced 0.48%

After the Thursday Hong Kong launch, shares in Chinese intelligence company SenseTime Group rose by more than 4% from its issue price. Later, the gains continued and stock prices were more than 16 percent higher than their issue price.

SenseTime caught between tensions in Beijing and Washington. pushing its Hong Kong IPO back after being placed on a U.S. investment blacklist.

Stocks in China were higher than the rest, thanks to the Shanghai compositeThe increase is approximately 0.5% Shenzhen componentGaining 0.852%

It Nikkei 225Japan’s Topix index fell 0.12%, while Japan’s dropped 0.12%. South Korea KospiIt climbed by 0.06%

The Australian government has a number of laws that protect the environment. S&P/ASX 200The decrease was 0.3%

MSCI’s Asia-Pacific share index outside Japan was 0.2% lower.

Wall Street closes with record

Overnight stateside, the S&P 500 gained 0.14% to 4,793.06 — its 70th record close of 2021. Also, the Dow Jones Industrial Average closed at record levels, increasing 90.42 points, to 36,488.63. The Nasdaq Composite was also lower, falling 0.1% to 15,766.22.

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Oil and Currencies

It U.S. dollar indexAfter a drop of above 96.3,, which measures the greenback’s value against a basket, it was 95.888.

It Japanese yenIt traded at 115.03 dollars, which is still lower than the 114.8 levels seen earlier in the week. Australian dollarIt was 0.7265, a rise of $0.724.

Petroleum prices rose in the early hours of Asia trade, with an international benchmark Brent crude futuresRising 0.33%, to $79.49/barrel U.S. crude futuresBarrel price increased by 0.33% to $76.81

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