Asian stocks open mostly lower

Economies.com
2020-09-01 04:36AM UTC

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

 

Earlier Japanese data showed unemployment rose to 2.9% from 2.8%, besting estimates of 3%, while capital spending fell 11.3% in the second quarter, compared to a 0.1% increase in the first. 

 

Japan's manufacturing PMI rose to 47.2 from 45.2, as Japan continues to search for a new prime minister after Shinzo Abe's sudden resignation for health reasons. 

 

From Australia, an index tracking manufacturing fell to 49.3 from 53.5 in July. 

 

Australia's building permits rose 12%, compared to a 4.2% tumble in July, while current account surplus widened to A$17.7 billion from A$9 billion in the first quarter.  

 

Japan's TOPEX Fell 0.35%, while Nikkei 225 fell 0.11% to 23,114. 

 

China's CSI 300 rose 0.12% to 4,822, while Shanghai rose 0.04% to 3,397. 

 

Hong Kong's Hang Seng inched down 0.07% to 25,160, while South Korea's KOSPI rose 0.99% to 2,349. 

 

New Zealand's NZX 50 fell 1.17%, while Australia's S&P/ASX 200 tumbled 1.98% to 5,940. 

Asian Market News

Americas News

Markets

Dow Jones rises ahead of US inflation data
2024-03-27 15:35PM UTC
Most US stock indices rose on Wednesday ahead of new important US data on growth and personal ...
Americas News

Markets

Wall Street gains ground following positive data
2024-03-26 15:41PM UTC
US stock indices rose on Tuesday after a series of losses as markets assess latest ...
Americas News

Markets

Wall Street loses ground as the week opens up
2024-03-25 16:16PM UTC
Most US stock indices declined on Monday as markets assess the Federal Reserve’s stance on ...