Asian stocks were mixed on Friday after positive data in China's industrial profits. Elsewhere, Japanese retail sales data for November showed worse-than-expected results.
The mainland Chinese markets finished today’s session mixed. The Shanghai Composite by 0.08 percent to close at 3,005.03 dragged-down by losses in Technology and Healthcare, despite the gains in Consumer Non-Cyclicals sector that closed the session higher by 1.31 percent.
Furthermore, Hong Kong’s main index Hang Seng was boosted on Friday and finished the session at 28,225.42 supported by gains in Consumer Cyclicals, Energy, and Technology sectors.
South Korea's main index (Kospi) was slightly rose on Friday by 0.29 percent and settled at 2,204.21. Supported by the gains in the Technology, Healthcare and industrials sectors.
Japanese Stock Market:
Japanese stocks declined on Friday, as the primary index NIKKEI 225 lost around 0.36 percent to end the session at 23,837.72 pressured by the losses in Consumer Non-Cyclicals, Energy and Healthcare sectors.
In stock news, J.Front Retailing Co Ltd was the best performer in today’s trading session as its stock Jumped-up by 5.22 percent, while Japan Tobcco Inc was the worst performer and finished the session lower by 3.47 percent.
In the Forex pace, the Japanese Yen strengthened against the Greenback and traded at 109.466 at 10:00 GMT.
Australian Stock Market:
Australia’s S&P/ASX200 index rose on Friday and closed the session at 6,821.70. Supported by the gains in Basic Materials, Industrials and Financials.
In stock news, Silver Lake Resources Ltd was the best performer of the session as the share jumped 7.29 percent. On the other side, AusNet Services Ltd was the worst performer and finished the session lower by 1.98 percent.
In the Forex space, the Aussie overpowered the U.S. Dollar counterpart and traded at 0.69659 at 10:00 GMT.
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Gotinsiders.com current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterized by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.