Tue, 03 Aug 2021

SYDNEY, Australia - Stocks in the Asia Pacific region on Tuesday were generally stronger, however they took a fall in Japan.

The Nikkei 225 fell 124.11 points or 0.53% to 23,292.65.

The Australian All Ords gained 42.20 points or 0.62% to 6,914.10.

China's Shanghai Composite added 24.79 points or 0.55% to 2,933.99.

The best performer surprisingly was the Hong Kong index, the Hang Seng which rose sharply by 412.71 points or 1.55% to 27,097.80.

The U.S. dollar continued to lose ground against the euro and the British pound, but was little changed elsewhere.

The euro rose to 1.1079, while the British pound firmed to 1.2963.

The Japanese yen was steady at 108.61. The Swiss franc too was little changed at 0.9896.

The Canadian dollar was a tad stronger at 1.3204. The Australian dollar slipped to 0.6800, while the New Zealand dollar eased to 0.6395.

Overnight on Wall Street, the Dow Jones Industrial Average rose 28.14 points, or 0.1%, to 28,033.03.

The Standard and Poor's 500 rose 2.04 points, or 0.07%, to 3,122.5.

The Nasdaq Composite was up 14.29 points, or 0.17%, at 8,555.12.

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