Asia mostly higher ahead of China trade data

Friday, 12. July 2019 04:33

Asian stock indexes traded mostly with gains on Friday as investors awaited trade balance data from China. Meanwhile, the Dow Jones closed at a new record high, ending the session over the 27,000-point mark for the first time. US President Donald Trump stated the Dow could go up to 37,000 if the Federal Reserve cuts interest rates.

The Nikkei 225 was flat at 4:30 am CET, while the South Korean Kospi Composite gained 0.37% at 4:10 am CET.

In China, the Shanghai Composite added 0.16% at 4:30 am CET, while the Shenzhen Composite increased by 0.32% at 4:31 am CET. At the same time, Hong Kong's Hang Seng rose by 0.27%.

Australia's S&P/ASX 200 dropped just 0.08% at 4:31 am CET.

The dollar fell 0.14% against the yen, to go for ¥108.3515 at 4:33 am CET.

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Breaking the News / DJ