Asian Stock Markets Were Mixed – Last Minute Economy News

Asian equity markets were mixed.

US Federal Reserve (Fed) officials point out that there is still a long way to go in terms of inflation and uncertainties about economic activity are causing markets to continue to fluctuate.

Although industrial production in China rose 5 percent in October, it remained below expectations, while retail sales fell 0.5 percent contrary to increase estimates, according to veri released on Thursday.

JAPAN’S ECONOMY WILL BE SHOWN

While the Japanese economy contracted by 1.2% in the third quarter of the year, industrial production fell by 1.7% in September.

With these developments, China’s Shanghai Composite Index rose 1.64% to 3,134 points, South Korea’s Kospi Index rose 0.23% to 2,480 points and Australia’s ASX 200 Index decreased by 0.07% to 7.1.41 points.

In Japan, the Nikkei 225 index rose 0.1% to 27,990 points, while the dollar/yen parity traded at 139.3.

Hong Kong’s Hang Seng index was at 18,270 points, gaining 3.70%, while India’s Sensex index was at 61,580 points, down 0.1%.

Follow News on social media