• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Saturday, May 17, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Global Markets Asian Stock Markets

Asia Pacific Socks Mixed, China Shares Trade Lower Despite economic Data Exceeding Expectations

Leah Wamugu by Leah Wamugu
in Asian Stock Markets
Reading Time: 2 mins read
A A
0
Asian Financial Markets
Share on FacebookShare on Twitter

Shares in Asia-Pacific were mixed on Monday as investors reacted to the latest Chinese economic data for October.

RELATED POSTS

Asian Markets Gain as Yuan Falls to Lowest in 17 Years

Asian Stocks Plummet as China Hits Back on Trump’s Tarrifs

Asian Markets Crash as China Announces Retaliatory Tariffs

Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.16% to 3,533.30 while the Shenzhen component dipped 0.469% to 14,636.39. Hong Kong’s Hang Seng index sat little changed, as of its final hour of trading.

Asian Markets Chart
Shanghai Composite Performance Chart

The losses in mainland China came despite Chinese economic data coming in better than expected.

Data released Monday showed retail sales in China rose 4.9% year-on-year in October, higher than the 3.5% gain predicted in a Reuters poll. Industrial output for the month also grew 3.5% compared to a year ago, beating expectations by analysts in a Reuters poll for a 3% increase.

Elsewhere, South Korea’s Kospi closed 1.03% higher at 2,999.52, leading gains among the region’s major markets as shares of chipmaker SK Hynix soared 4.23%.

conglomerate SoftBank Group jumped 2.23%. The Topix index gained 0.39% to 2,048.52.

Preliminary estimates released Monday showed Japan’s gross domestic product declining an annualized 3% in the July-September quarter, far worse than the median market forecast for a 0.8% contraction, according to Reuters.

Buy JNews
ADVERTISEMENT

The S&P/ASX 200 in Australia ended the trading day 0.36% higher at 7,470.10. While the MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.35% higher.

Asian Markets Currencies and Oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 95.014 following a recent rise from below 94.5.

The Japanese yen traded at 113.94 per dollar, following last week’s weakening from levels below 113 against the greenback. The Australian dollar was at $0.7348, having slipped from above $0.74 last week.

Oil prices declined in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 0.92% to $81.41 per barrel. U.S. crude futures shed 0.8% to $80.14 per barrel

Post Views: 1,136
Tags: Asian - Pacific StocksAsian Stock MarketsHang Seng IndexNikkei N225Shanghai CompositeShenzhen componentspotlightStock Market Report
Previous Post

Fuel Prices Remain Unchanged in Latest EPRA Review

Next Post

Nearly 20 Kenyan Firms Blacklisted by the World Bank and AFDB Over Fraud

Leah Wamugu

Leah Wamugu

Related Posts

Global Markets Asian markets
Asian Stock Markets

Asian Markets Gain as Yuan Falls to Lowest in 17 Years

by Githere Eddie
Descriptive image of U.S-China Trade war on Asian Stocks[Photo:File]
Asian Stock Markets

Asian Stocks Plummet as China Hits Back on Trump’s Tarrifs

by Rennie Odek
Asian Markets
Asian Stock Markets

Asian Markets Crash as China Announces Retaliatory Tariffs

by Rennie Odek
Asia-Pacific Markets
Asian Stock Markets

Asia-Pacific Markets Reel as Trump’s Tariffs Sparks Global Trade Fears

by Felix Ochieng
Next Post
AFDB and World Bank Blacklist

Nearly 20 Kenyan Firms Blacklisted by the World Bank and AFDB Over Fraud

NSE Nairobi Securities Exchange

Market Report; 15 November 2021

Wall Street Nasdaq S&P 500

Wall Street's Benchmarks Flat as 10-Year Treasury Note Hits Highest Level in Three Weeks.

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,097)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,188)
  • Hilda Njeru Takes over at CDSC (2,053)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (1,898)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,797)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Equity Group Africa Guarantee Fund

Equity Group Receives 500Mn from AGF in MSMEs Financing Deal

Image of workers of NSE discussing Market report

NSE Market Report 11 April 2025: Britam moves 15.1 Million Shares

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$349.98  2.09%  
GME 
$28.45  0.63%  
MSFT 
$454.27  0.25%  
AAPL 
$211.26  0.09%  
AMC 
$2.95  4.98%  
ABNB 
$138.00  0.88%  
GOOGL 
$166.19  1.36%  
AMZN 
$205.59  0.20%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?