Most Asian stocks slipped on Tuesday tracking mixed cues from U.S. futures after disappointing subscriber growth at Netflix Inc. clipped enthusiasm about the corporate earnings season.
The MSCI Asia Pacific Index was little changed at 165.14 as of 10:40 a.m. in Hong Kong. Nearly 2 shares advanced for each 1 that declined. Equity benchmarks in Hong Kong and China slipped 1.1 percent each while Japan’s Topix Index bucked the weakness and rose 0.9 percent after a three-day weekend, helped by a weak yen.
Taiex -0.4%, Kospi index -0.1%, Kospi 200 index -0.1%, S&P/ASX 200 -0.6%, New Zealand’s S&P/NZX 50 -0.1%
Straits Times Index +0.1%, Malaysia’s KLCI +0.1%, Philippines Stock Exchange PSEi Index -0.1%, Jakarta Composite -0.6%, Vietnam’s VN Index -0.3%, SET Index -0.3%.