Asian stocks traded mixed on Friday after the negative closing of Wall Street indices that lost their gains just before the close of trading, leaving the S&P 500 and the Dow Jones just below their historical highs.
Markets in Tokyo and Seoul remained closed today, the last day of 2021.
In Hong Kong, the Hang Seng gained 1.2% to 23,397.67 points, with the index still recording large losses of 14.1% for 2021, mainly due to the shocks caused by the real estate crisis and amid the tightening of the regulatory framework by the Chinese authorities in the field of technology. The technology industry has lost more than 30% this year.
In mainland China, Shanghai Composite is up 0.6%. For 2021 overall, the Shanghai Composite Index gained 4.6%.
The data released today in China showed that the activity of the factories strengthened in December, refuting the estimates of the analysts who expected a slowdown.
In particular, the official manufacturing PMI rose to 50.3 points in December from 50.1 points last month, according to the country’s statistical office. Analysts expected a small drop in the index to the level of 50 points that separates the expansion of activity from the contraction.
In Australia, the S & P / ASX 200 fell 0.8% amid an outbreak of the new coronavirus. In Singapore and Malaysia the indices lose 0.1% and 0.4% respectively.
On the Wall Street, the S&P 500 index fell 0.3% yesterday after its last all-time high, while the Dow Jones, which also set a record on Wednesday, fell 0.2%. The technological Nasdaq also closed with small losses of 0.2%.
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