Asia-Pacific Markets Show Mixed Reactions

Investors in the Asia-Pacific region faced a mixed bag of economic indicators on Thursday, with data from S&P Global highlighting varying trends in service sector activities across Australia, China, and Japan.

Service Sector Performance

Australia's services activity saw an uptick to 51.2 in January, indicating a slight expansion. Meanwhile, Japan's services sector also experienced growth, reaching a score of 53. However, China's services activity showed a decline, dropping to 51.0.

Market Movements

Japan's Nikkei 225 remained stable, while Hong Kong's Hang Seng index fell by 1.43%. In contrast, South Korea's Kospi enjoyed a 0.91% increase. Mainland China's markets were divided, with the Shanghai Composite decreasing by 0.51% and the Shenzhen Composite rising by 0.27%. Australia's S&P/ASX 200 also saw growth, increasing by 0.62%.

Currency Fluctuations

At 3:15 am CET, the dollar weakened against the yen by 0.57%, trading at 153.37550.