Selling pressure on precious metal technology stocks spreads to the Asia-Pacific market, with the Hang Seng Index falling 0.25% | Lianhe Zaobao
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The Asia-Pacific stock markets collectively declined due to the drop in precious metal prices and selling pressure on technology stocks. The FTSE Straits Times Index fell 0.25% to 4,892.80 points, with a total trading volume of 1.58 billion shares and a total value of SGD 2.13 billion. Only seven constituent stocks rose, with Jardine Matheson Holdings up 1.28% to USD 73.70, and Hongkong Land down 2.47% to USD 8.28. The Seoul stock market plummeted 5.26%, while Shenzhen, Shanghai, and Hong Kong fell 2.54%, 2.48%, and 2.23%, respectively. Sydney, Tokyo, and Taiwan saw declines ranging from 1.05% to 1.37%
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