Stocks in Europe, Asia, and Other Parts of the World

It was an interesting day as stocks in the Asia Pacific fell on Wednesday. However, European stocks saw gains on the day. Let’s have a look at the stocks across the world.

For example, mainland Chinese stocks saw losses on the day. The Shanghai Composite fell 1.86% to about 3’254.63. Also, the Shenzhen Component dropped 3.247% to 12’861.75.

Hong Kong’s Hang Seng index declined 0.63% to close at 24’468.93.

Australia’s S&P/ASX 200 also saw sizable losses as it dropped 2.15% to close at 5’878.60, with shares of the country’s major banks such as Commonwealth Bank of Australia and Westpac declined on September 9.

In Japan, the Nikkei 225 dropped 1.04% to finish its trading day at 23’032.54. At the same time, the Topix index fell 0.96% to close at 1’605.40.

Also, South Korea’s Kospi index dropped 1.09% to 2’375.81.

It is worth mentioning that, shares of technology stocks in the Asia Pacific mostly fell on Wednesday. For example, shares of Taiwan Semiconductor Manufacturing Company fell 0.93% in Taiwan.

In South Korea, shares of SK Hynix declined by 2.64%. Also, shares of Chinese tech giant Alibaba dropped 2.37% and shares of Xiaomi fell 1.34%. However, the shares of Sunny Optical added 0.86%.

Stocks in Europe and the U.S.

As stated above, stocks in Europe strengthened their positions on Wednesday, as investors looked to treat a technology-led rout earlier in the week that put pressure on financial markets around the world as not significant.

The pan-European Stoxx 600 gained 1.6%, with the tech and telecom sectors both jumping more than 2%. Unfortunately, travel as well as leisure stocks fell more than 8% as coronavirus containment measures return.

German DAX index gained 268.88 points or 2.07% to 13’247.21. The French CAC 40 Index added 69.46 points or 1.40% to 5’042.98. Moreover, U.K’s FTSE 100 advanced 82.54 points or 1.39% to 6’012.84.

Two days ago, the Nasdaq Composite dropped 4.1% to close at 10’847.69. The Dow Jones Industrial Average fell 632.42 points or 2.3% to end its trading day at 27’500.80. Moreover, the S&P 500 dropped 2.8% to close at 3’331.84.