Asian stocks open mostly negative

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

Yesterday, United States Secretary of the Treasury, Steven Mnuchin, said that there was no further trip to China was set for resuming trade talks, which limited the hopes of the world's two largest economies resolving their trade disputes soon. Otherwise, monetary policy makers at the Federal Reserve, through the minutes of the FOMC meeting, expressed their determination not to take any steps on the federal funds interest "for some time" even if the economy improves.

Japanese stocks witnessed a fall during today's trading session, with the broader Topix index falling by 0.55% to lose (8.54 point) down to 1,537.67, while Nikkei 225 index also fell by 0.82% (175.50 points) down to 21,107.87.

As for the Chinese stock indices, CSI 300 fell 1.17% to lose 42.77 points and reached 3,606.61, while the Shanghai Composite Index also fell 0.85% (24.66 points) to reach 2,867.05.

As for Hong Kong's Hang Sang, it fell 1.29% (357.56 points) to 27,348.38. While South Korea's Kospi Index fell 0.20% (4.23 points) to 2,060.63.

To New Zealand's NZX 50, which rose 0.13% (13.38 points) to 10,250.86. While Australia's S&P/ASX 200 index fell 0.22% to lose 14.21 points and reach the level of 6,496.50.