Asia-Pacific shares mixed; most casino stocks in Hong Kong continue to slide amid regulatory fears

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Published at : September 18, 2021

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SINGAPORE — Shares in Asia-Pacific had been combined in Thursday morning commerce, with on line casino shares in Hong Kong largely seeing one other day of losses.

Shares of Wynn Macau in Hong Kong dropped 4.06%, Sands China fell 4.39% and Melco International Development shed 4.25%. In the meantime, Galaxy Entertainment Group gained 1.79%. These strikes observe a Wednesday plunge for on line casino shares as Macao kicked off a public gaming consultation.

The broader Hang Seng index in Hong Kong shed 0.12%. In mainland China, the Shanghai composite climbed 0.49% whereas the Shenzhen component hovered above the flatline.

The Nikkei 225 in Japan slipped about 0.1% whereas the Topix index fell 0.15%. South Korea’s Kospi edged 0.47% decrease.

In Australia, the S&P/ASX 200 superior 0.69%.

Australia’s unemployment fee decreased to 4.5% on a seasonally adjusted foundation in August, knowledge launched Thursday confirmed, decrease than the 4.9% forecast in a Reuters ballot. Nonetheless, the Australian Bureau of Statistics attributed the decline to a “massive fall in participation throughout the latest lockdowns” fairly than strengthening labor market circumstances.

MSCI’s broadest index of Asia-Pacific shares exterior Japan traded little modified.

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In a single day stateside, the Dow Jones Industrial Common jumped 236.82 factors to 34,814.39 whereas the S&P 500 gained 0.85% to 4,480.70. The Nasdaq Composite superior 0.82% to fifteen,161.53.

Wanting forward, U.S. jobless claims knowledge is about to be launched on Thursday, with economists polled by Dow Jones anticipating a complete of 320,000 Individuals filed for unemployment insurance coverage within the week ended Sept. 11.

Currencies and oil
The U.S. dollar index, which tracks the buck in opposition to a basket of its friends, was at 92.466 because it struggles to get well after declining from above 92.8 earlier within the week.

The Japanese yen traded at 109.33 per greenback, stronger than ranges above 110 seen in opposition to the buck earlier this week. The Australian dollar modified palms at $0.7337, nonetheless off ranges above $0.735 that had been seen earlier this week.

Oil costs had been decrease in Asia’s morning buying and selling hours. Worldwide benchmark Brent crude futures shed 0.25% to $75.27 per barrel and U.S. crude futures fell 0.23% to $72.44 per barrel.



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