Asian markets mostly lower after data

Friday, 21. May 2021 04:45

Asian markets were mostly lower on Friday as investors digested fresh economic data and coronavirus developments. Earlier, the Statistics Bureau of Japan revealed core consumer prices fell 0.1% in April from a year earlier while the latest Jibun Bank Flash Japan Manufacturing Purchasing Managers' Index for Japan weakened in May.

In China, the Shanghai Composite dipped 0.58% as the Shenzhen Composite lost 0.95% at 4:30 am CET. The Nikkei 225 was 0.44% higher in Tokyo at the time, while the Kospi Composite fell 0.16%. The Hang Seng was down 0.51% in Hong Kong. Meanwhile in Sydney, the S&P/ASX 200 declined 0.08%.

The dollar was up 0.07% against the Japanese yen at 4:35 am CET, buying ¥108.856.

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Author:
Breaking the News / JC