Global Market News

ASIA ECONOMICS: Asian Shares Close Mixed on Economic Data

Back

Last updated: 09/10/2019 07:12:21

07:12 AM EDT, 09/10/2019 (MT Newswires) -- Stocks in the Asia-Pacific region finished mixed on Tuesday, as investors await for U.S. Fed and ECB monetary policy meetings and after latest data showed Chinese producer prices dropped the most in three years, said Trading Economics. Producer prices fell 0.8% from a year earlier, the sharpest decline since August 2016, while consumer inflation held at 2.8% amid persistently high pork prices in the wake of an outbreak of swine fever, the report added. The Shanghai Composite index fell 4 points, or 0.1%, to 3021; and the S&P/ASX 200 declined 34 points, or 0.5%, to 6,614; while the Nikkei 225 rose 74 points or 0.4% to 21,392; the Kospi increased 13 points, or 0.6%, to 2,032; and the Hang Seng finished flat at 26,684.

http://www.mtnewswires.com
Copyright © 2019 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
======================================
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.




Quotes displayed with 15 minutes delay. Market data provided by ICE Data Services ICE Limitations. Powered and implemented by FactSet. Legal Statement. News provided by MT Newswires, a Division of MidnightTrader, Inc. Hemscott equity data provided by Morningstar, Inc. Earnings Calendar and Events Data provided by Wall Street Horizon. © 2018 Wall Street Horizon, Inc.