Asian stock indices open mixed

Economies.com
2020-11-20 05:08AM UTC

Asian stock indices opened the fifth session of the week mixed with Japan, Australia, New Zealand down, while China, Hong Kong, and South Korea gained ground.

 

President Donald Trump's government has decided not to extend a program of emergency loans in cooperation with the Federal Reserve, hurting market sentiment. 

 

Earlier Japanese data showed consumer prices fell 0.3% in October, compared to no change in September, while core prices fell 0.7%. 

 

Japan's manufacturing PMI fell further to 48.3 from 48.7, missing estimates of 49.4. 

 

From Australia, retail sales rose 1.6%, beating estimates of 0.3%, while New Zealand's credit spending fell 6.3% in October. 

 

Japan's TOPEX fell 0.12%, while Nikkei 225 declined 0.61% to 25,478. 

 

China's CSI 300 rose 0.02%, while Shanghai added 0.10% to 3,366. 

 

Hong Kong's Hang Seng climbed 0.35%, while South Korea's KOSPI rose 0.01% to 2,547. 

 

New Zealand's NZX 50 fell 0.92%, while Australia's S&P/ASX 200 slipped 0.04% to 6,544. 

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