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Asia opens mostly lower

Economies.com
2020-08-05 03:46 UTC

Asian stock indices opened the third session of August mixed with China, China, Australia, and New Zealand lower, while Hong Kong and South Korea gained ground, amid concerns of a second global bout of the coronavirus pandemic.

 

Earlier Australian data showed the construction AIG index up to 42.7 from 35.5 in June, while the New Zealand unemployment rate fell to 4% from 4.2%. 

 

New Zealand's labor costs in the private sector rose 0.2% in the second quarter, slowing from 0.4% in the first. 

 

New Zealand's commodity prices rose 2.3% in July, compared to a 0.7% drop in June. 

 

Japan's TOPEX fell 0.59%, while Nikkei 225 dropped 0.60% to 22,437. 

 

China's CSI 300 declined 0.51%, while Shanghai shed 0.39% to 3,358. 

 

Hong Kong's Hang Seng rose 0.15%, while South Korea's KOSPI added 0.84% to 2,299. 

 

New Zealand's NZX 50 fell 0.28%, while Australia's S&P/ASX 200 fell 1.13% to 5,989. 

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