TELETRADER News
11/30/2020, 7:17 AM (Source: TeleTrader)
more TeleTrader news

Asia mostly lower amid mixed data

Shares on the major stock market indexes in the Asia-Pacific region traded mostly lower on Monday, as the investors digested the data coming from the area's two largest economies. While Japan's industrial production index grew at a slower-than-expected pace, Beijing saw an increase in Purchasing Manager's Index (PMI) for manufacturing which exceeded expectations.

In other news, reports emerged claiming that Tokyo Stock Exchange President and CEO Koichiro Miyahara intends to resign his post.

The Nikkei 225 closed the week's first session down by 0.74%, while Hong Kong's Hang Seng dropped 1.36% at 7:14 am CET. At the same time, South Korea's KOSPI slid 0.98%. Australia's S&P/ASX 200 dived 1.26% at the closing bell. In mainland China, the Shanghai Composite gained 0.49% at 7:01 am CET and the Shenzhen Composite increased by 0.53% at 7:15 am CET. The dollar fell 0.20% against the yen to go for 103.8615 at 7:17 am CET.

Breaking the News / BU