Asian equities were higher after today’s trading session gaining support from the rising Chinese stocks after the holiday in addition to its strong PMI data, meanwhile the strong Japanese Yen is still weighting on Japan’s equities.
Moreover, Japanese industrial production rose last month to its highest level in six years, however the increase was slightly below the market’s expectations.
The Japanese Stock Exchange:
Japanese equities fell for the third straight trading session as the losses in the Banking, Fishery and Paper & Pulp led shares lower, where the Japanese stock market index Nikkei 225 fell by 0.14% or 27.28 points closing at 19,650.57.
Nikkei 225 losers outnumbered its gainer by 61 shares, with 140 losers, 79 gainers and 6 unchanged.
The best performers of the session on the Nikkei 225 were, Toyobo Co., Ltd. rising by 5.41%, Showa Denko K.K. adding 107 points and Mitsui Mining and Smelting Co. gaining 4.01% to settle at 440.5.
The worst performers of the session on the Nikkei 225 were, Kyowa Hakko Kirin Co., Ltd. falling by 3.86%, Toshiba Corp. losing 9.1 points and Familymart Ltd shading 3.12% points to close at 6220.0.
Australia Stock Exchange:
Australian shares continued their gains from yesterday’s trading session as the gains from the A-REITs, Consumer Staples and Consumer Discretionary sectors led the market higher, where the Australian stock market index ASX200 rose by 0.12% or 6.69 points closing at 5,724.57.
Today’s gainers on the ASX 200 outnumbers the losers by almost 25% percent, with 106 gainers, 85 losers and 9 shares unchanged.
The best performers of the session on the ASX 200 were, Nine Entertainment Co Holdings Ltd rising by 5.74%, Isentia Group Ltd adding 0.080 points and Tassal Group Ltd gaining 3.43% to settle at 4.520.
The worst performers of the session on the ASX 200 were, G8 Education Ltd shading by 3.99%, Vocus Group Ltd dropping 0.10 points and South32 Ltd falling by 2.95% to end at 2.630.
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