Asian markets have mixed fortunes as China releases weak data

  • Regular
  • Asian Market
  • 4 months ago
  • 24

Asian indices were mixed during today’s session as economic data from China was somewhat disappointing.

Mainland indices gave up gains made on Monday as the Shenzhen composite fell 0.5% while the Shanghai composite gave up 0.4%, in Hong Kong the Hang Seng index remained flat as shares of Sunny Optical fell by 2.4%.

Over in Tokyo the Nikkei 225 gained 0.2% as Nissan rose by 3.7% and so did SoftBank by 1.7% while in Seoul the Kospi closed higher by 0.3% although semiconductor SK Hynix fell by 1.4%.

Closing the session in the region, the ASX 200 fell by 0.5%, however the energy sector enjoyed gain as Beach energy and Oil Search both roe by 1.2% and 3.7% respectively.



Source: Smart Trend Team