Fri. Sep 24th, 2021

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Asian stocks mixed

1 min read
asian markets

Stocks in Asia-Pacific were mixed in Wednesday morning trade as investors await the Federal Open Market Committee’s quarterly update.

In Japan, the Nikkei 225 were fractionally higher in morning trade while the Topix index advanced 0.21%.

The moves came after provisional trade statistics from Japan’s Ministry of Finance released Wednesday showed the country’s exports in August falling 14.8% as compared to a year ago. That compared against a 16.1% drop expected by economists in a Reuters poll.

Mainland Chinese stocks, on the other hand, saw losses. The Shanghai Composite declined 0.26% while the Shenzhen component shed 0.285%. Hong Kong’s Hang Seng index hovered above the flatline.

Meanwhile, South Korea’s Kospi’s added 0.1%. Over in Australia, the S&P/ASX 200 advanced 0.69%.

Overall, the MSCI Asia ex-Japan index traded 0.38% higher.

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