11/30/2022, 3:32 AM (Source: TeleTrader)
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Asia trades mostly lower after data

Most major stock market indexes in Asia traded lower on Wednesday as investors react to the economic data released in the region. Japan's industrial production figure showed that the country's factory output improved in October but went slightly under investors' expectations, as China's general manufacturing PMI data for November, landed in the contractionary territory.

Protests that erupted in China over the weekend against Beijing's "zero-Covid" policy are also continuing to push stocks lower, prompted by investors' worries about the outlook for the world's second-largest economy.

At 3:16 am CET, Japan's Nikkei 225 was down by 0.68%, and the dollar traded 0.12% lower against the yen, going for 138.6220. On the Chinese mainland, the Shanghai Composite decreased by 0.16% at 3:17 am CET, with the Shenzhen Composite down by 0.15% a minute later. Hong Kong's Hang Seng fell by 0.39% at 3:18 am CET, as South Korea's Kospi Composite added 0.18%. Australia's S&P/ASX 200 traded 0.35% higher at 3:19 am CET.

Baha Breaking News (BBN) / NL