4/12, 4:41 AM (Source: TeleTrader)
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Asia mostly lower after Wall Street record highs

Asian stock markets traded mostly lower on Monday after the Dow Jones Industrial Average and the S&P 500 ended the last session of the week reaching record highs. Alibaba CEO Daniel Zhang sought to downplay the impact of the $2.77 billion antitrust fine his company was given by Chinese regulators. In data, Japan's Producer Price Index increased by 0.8% in March month-on-month.

The Nikkei 225 slipped 0.56% at 4:37 am CET. The S&P/ASX 200 was down 0.49% at the same time. Hang Seng dropped 1.39% at 4:38 am CET. The Kospi Composite was up by just 0.06% at 4:17 am CET.

In mainland China, the Shanghai Composite lost 0.75% at 4:38 am CET, while the Shenzhen Composite declined by 1.35% at 4:39 am CET.

The dollar traded 0.13% lower compared to the yen and sold for 109.5165 at 4:40 am CET.

Breaking the News / DJ