Asia opens second session of September mixed

Economies.com
2020-09-02 04:01AM UTC

Asian stock indices opened the second session of the month mixed with Japan, Australia and New Zealand higher, while China, Hong Kong, and South Korea lost ground, following earlier data from Asian economies. 

 

Earlier Japanese data showed the monetary base up 11.5% in August, besting estimates of 10.1%. 

 

Earlier Australian data showed the GDP contraction widening to 7%, the worst on record, from 0.3% in the first quarter.

 

On a yearly basis, the economy shrank 6.3%, compared to a 1.4% growth rate in the first quarter. 

 

Japan's TOPEX rose 0.16% to 1,618, while Nikkei 225 climbed 0.30% to 23,208. 

 

China's CSI 300 fell 0.23%, while Shanghai shed 0.46% to 3,394. 

 

Hong Kong's Hang Seng slipped 0.53%, as South Korea's KOSPI dipped 0.15% to 2,345.

 

New Zealand's NZX 50 rose 0.28%, while Australia's S&P/ASX 200 rose 1.7% to 6,054. 

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