About this episode
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- JD.com shares fell as much as 10% after the online retailer posted its first quarterly revenue decline since listing in 2014, in the latest sign of waning Chinese consumer sentiment.
- The Taiex Index fell 0.5% in Taipei, after an advance of 89% in the past year driven by stocks related to the semiconductor and AI server boom.
- Asics shares rise as much as 11%, the most since February, after the Japanese footwear company boosted its operating income guidance for the full year which beat the average analyst estimate.
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