Asian stocks open mostly lower

Asian stocks opened the fifth session of the week on mixed performance yet mostly negative catching up with its American counterpart, with the Japanese, Australian and New Zealand stocks, as well as South Korea's Kospi Index falling, while the Chinese stocks and Hong Kong's Hang Seng Index rose on today's trading. This comes amid investors' assessment of the US-China trade dispute developments.

On Thursday, US Secretary of State, Mike Pompeo, said that the giant Chinese telecommunications, Huawei Technologies, was lying about its ties to the Chinese government. In turn, a spokesman for the Chinese Ministry of Commerce said the United States should correct its erroneous behavior if it wished to pursue trade negotiations with its country to put an end to the trade war between the world's two largest economies, noting that the importance of the talks should be based on mutual respect.

Japanese stocks witnessed a fall during today's trading session, with the broader Topix index falling by 0.11% to lose (1.62 point) down to 1,538.96, while Nikkei 225 index also fell by 0.46% (97.46 points) down to 21,053.68.

As for the Chinese stock indices, CSI 300 rose 0.52% gaining 18.54 points and reaching 3,602.50, while the Shanghai Composite Index also rose 0.23% (6.59 points) to reach 2,859.11.

As for Hong Kong's Hang Sang, it rose 0.40% (110.29 points) to 27,377.42. While South Korea's Kospi Index fell 0.62% (12.71 points) to 2,046.88.

To New Zealand's NZX 50, which fell 0.39% (40.25 points) to 10,223.16. While Australia's S&P/ASX 200 index fell 0.64% to lose 41.79 points and reach the level of 6,450.00.