Asian markets mostly lower after Japan data

Thursday, 18. April 2019 04:42

Asian markets traded mostly lower on Thursday after the latest figures showed that Japan's manufacturing sector recorded a further decline in April. The Flash Manufacturing Purchasing Managers' Index (PMI) was at 49.5 in April compared to 49.2 in March, below the 50.0 no-change mark for the third month in a row on the back of weaker domestic and international demand. Reports also suggested that Japan is planning to introduce new regulations in order to better protect personal data.

Japan's Nikkei 225 was down 0.52% at 4:37 am CET. The South Korean Kospi Composite also dropped 0.88% at 4:39 am CET.

The Shanghai Composite declined by 0.25% at 4:24 am CET while the Shenzhen Composite dropped 0.19% at 4:40 am CET. Hong Kong's Hang Seng fell 0.38% at 4:41 am CET.

The Australian S&P/ASX 200 was up by 0.09% at 4:40 am CET.

The dollar fell 0.09% against the yen to go for ¥111.9590 at 4:42 am CET.

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Author:
Breaking the News / DZ