Reply To: Traders Market Weekly: Memorial Weekend a Time for Reflection

#37466
Truman
Participant

Equity indices in the Asia-Pacific region ended the week on a higher note.

Japan’s Prime Minister Kishida said that steps are being taken to limit capital outflows from Japan through promotion of renewable energy and reopening of borders to international tourists.
Sony’s president said that he expects delays and shortages of semiconductors to continue this year.
Samsung will reportedly lower its 2022 smartphone production by 10% due to weak demand.

Japan’s Nikkei: +0.7% (+0.2% for the week)
Hong Kong’s Hang Seng: +2.9% (-0.1% for the week)
China’s Shanghai Composite: +0.2% (-0.5% for the week)
India’s Sensex: +1.2% (+1.0% for the week)
South Korea’s Kospi: +1.0% (-0.1% for the week)
Australia’s ASX All Ordinaries: +1.0% (+0.3% for the week)