Nikkei Stock: Week and Kospi Seu

nikkei stock: Korea's Kospi SEU, 0.35% gained 1.1%, and Hong Kong's Hang Seng Index HSI, 0.21% rose 2.3% for the week, according to Market Watch. This was in marked contrast to the first week of 2016, when the Shanghai market dropped 6.9% on the first day of trading, triggering circuit breakers. Japan's Nikkei Stock Average NIK, -0.34% ended up 1.8% for the week, while Australia's S&P/ASX 200 XJO, 0.04% and the Shanghai Composite SHCOMP, -0.35% advanced 1.6% in the same period. This kicked off a selloff in U.S. and European stocks with the Dow Jones Industrial Average losing as much as 467 points. A steep yuan devaluation and weak economic numbers back then had precipitated a global equity selloff, he said. This time around, there is less of a risk of a hard economic landing in China, said Frank Benzimra, head of equity strategy for Asia at Soci t G n rale. (news.financializer.com). As reported in the news.