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Asia opens mostly higher

Economies.com
2020-08-04 03:51AM UTC

Asian stock indices opened the second session of the week and month mixed but mostly higher, with China in particular mixed, while Japan, Australia, New Zealand, and South Korea gained ground. 

 

Earlier Japanese data showed the Tokyo consumer prices index up 0.6% y/y in July, compared to a 0.3% increase in June. 

 

Core prices, excluding food, rose 0.4%, while prices also excluding energy rose 0.6%. 

 

Earlier Australian data showed the trade surplus up to 8.2 billion Australian dollars from 7.34 billion in May. 

 

Australia's retail sales rose 2.7%, up from 2.4% in May, while the the Reserve Bank of Australia votes on policy decisions today. 

 

Japan's TOPEX rose 1.56% to 1,546, while Nikkei 225 climbed 1.4% to 22,505. 

 

China's CSI 300 rose 0.02%, while Shanghai shed 0.09% to 3,364. 

 

Hong Kong's Hang Seng climbed 0.38%, while South Korea's KOSPI rallied 1.17% to 2,277. 

 

New Zealand's NZX 50 rose 0.77% to 11,756, while Australia's S&P/ASX 200 rallied 1.6% to 6,021. 

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