Asian markets have mixed fortunes as China releases weak data
- Asian Market
- 2 months ago
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