Asian stock markets were mixed after investors assessed private business activity surveys from Australia and Japan.
In Australia, the index S&P/ASX 200 was up by 0.66%, filling up the earlier losses. According to Juno Bank in 19 month’s Australia’s business activity contracted at the fastest speed. With its flash composites of purchasing managers index report coming in at 47.1 for August.
In Japan, the Nikkei 225 index also was in a positive way showing a 0.18% climb. While the Topix gained 0.16%. The country shows a faster expansion in its business activities. With its flash purchasing managers index for August at 54.3. Compared to July it’s a solid 0.5% growth.
Surprisingly Singapore’s Straits Times Index increased 0.29% after the core inflation in July. However, South Korea’s Index Korea’s Kospi decreased by 0.56% and also Kosdaq unhand by 1.25%.
On the other hand, the Chinese market was also in negative points and the Honkongs indexing the Hang Seng Indexing hovered right below the flatline.
Read Also:
- How To Start Tutoring Business
- Top 10 Low-Cost Businesses You Can Start Under $100
- Meet the World’s Secretive Billionaires Who Give Stealth Wealth a Whole New Meaning
News Source:- https://shorturl.at/akrJ2
Feature Image Source:- https://shorturl.at/suw69
About Author
