Stock Asia shows controversial sentiment

Stock Asia shows controversial sentiment Asian stock indices are showing multidirectional changes today, despite a rally in the US stock market.

The indices are supported, among other things, by renewed talks about the possibility of adopting new stimulating measures in the United States. Meanwhile, the growth of indicators is limited due to the fact that investors took a wait and see attitude due to repeated failed attempts by the US authorities to agree on additional support measures, writes MarketWatch.

A bipartisan group of US congressmen has proposed a new stimulus package worth more than $ 900 billion. Federal Reserve Chairman Jerome Powell and US Treasury Secretary Stephen Mnuchin, who spoke on Tuesday to the Senate Banking Committee, expressed support for the proposal. However, Senate Majority Leader Mitch McConnell rejected the new proposal, favoring a smaller package..

Equities rally in recent weeks as investors focus on the possibility that coronavirus vaccines launch a broader global economic recovery.

Japanese Nikkei 225 Strengthens 0.2%.

The top gainers were Fujikura Ltd., which added 7.4%. Mitsui E Papers&S Holdings Co. Ltd. rise in price by 4.7%, Yokohama Rubber Co. Ltd. - also by 4.7%.

Meanwhile, shares in Asia's largest apparel retailer Fast Retailing are down 0.6%, investment technology SoftBank Group is down 0.4%.

China's Shanghai Composite Index falls 0.06%, Hong Kong's Hang Seng Index - 0.3%.

Shares of the Chinese electronics manufacturer Xiaomi Corp. lost 5.9% in price, shares of the automaker Geely Automobile Holdings Ltd. are down 5.3%, biopharmaceutical company Sino Biopharmaceutical Ltd. - by 3.3%.

The market value of Internet giant Tencent Holdings declines 0.4%. Online retailer Alibaba (NYSE: BABA) Group Holding Ltd. decreases by 0.5%.

South Korean Kospi Index climbs 1.6%.

Consumer prices in South Korea rose 0.6% on an annualized basis in November after rising 0.1% a month earlier. Analysts on average predicted a 0.9% price increase, according to Trading Economics.

On a monthly basis, consumer prices fell 0.1% after falling 0.6%. The consensus forecast of experts provided for an increase in the indicator by 0.2%.

Market value of one of the world's largest chipmakers Samsung (KS: 005930) Electronics Co. increased by 2.8%, carmaker Hyundai Motor - decreased by 1.1%.

Australian S&P / ASX 200 down 0.03% by trading results.

Australia's GDP grew 3.3% qoq in the 3rd quarter after falling by a record 7% three months earlier. Analysts predicted an average growth of 2.6% for the economy, Trading Economics reported. At the same time, quarterly GDP growth was recorded for the first time since the fourth quarter of 2019, the growth rate became the highest since 1976.

Capitalization of the world's largest mining companies BHP and Rio Tinto (LON: RIO) increased by 1.95% and 1.98%, respectively.