Asia-Pacific Stock Indexes Mostly Lower Following Economic Reports
On Monday afternoon, major stock indexes in the Asia-Pacific region displayed a predominantly downward trend as investors digested recent reports on Chinese retail sales, industrial production, and Japan's private sector activity. The anticipation of new monetary policy decisions by the Bank of Japan and the People's Bank of China, set to be released later in the week, further influenced market sentiment.
Key Market Movements:
Japan's Nikkei 225 remained flat at 7:11 am CET. Hong Kong's Hang Seng Index dropped by 0.97%. South Korea's Kospi Composite decreased by 0.35% shortly after. On the Chinese mainland, the Shanghai Composite fell by 0.29% and the Shenzhen Composite declined by 1.22% at 7:13 am CET. Australia's S&P/ASX 200 ended the day with a 0.56% drop.
The dollar's trading against the yen was stable, with a rate of ¥153.65200 at 7:14 am CET.
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